Pawtucket tribune. (Pawtucket, R.I.) 1890-189?, 1895-09-14
THE STATE OF TRADE
As Told by Bradstreet's and Dun's
Weekly Reviews.
Improvement Noted In the
South and Southwest.
But Little Confidence Placed In TIE Gov.
, srnmsnt's Crop Report

NEW YORK, Sept. ID. - -Bradstreet's today
says Tho week IL characterized In trade
oircles by an unexpected, but no less pro-
nounoed Improvement south and south
west. This Is reflected at markets from
which supplies are distributed To these
regions
Relatively. unfavorable features are
found Ia quieter tone in dry goods Job
bing circles, a check To seasonable trade
throughout the. central west due to the
unusual heat; low prices for mems wear
woolens, and an unsatisfactory outlook.
due To the depressed quotations abroad,
only moderate orders for domestic wooden
manufactures, cancellation OF n few Ne
braska general merchandise orders at
Chicago, and the somewhat critical posi-
tion of the American tin plate industry,
. owing 20 the heavy advance In price of
tin plate bars, without corresponding
increase In the prioe Of tin plate.
As Viewed by Dun a. Co.
II G. Dun & Co, In their weekly re-
view OF trade. say: A slight setback,
which may mean much CT nothing, ac-
oording to the final outcome of the crops,
is not unexpected this season.
II the government crop reports wero
correct, the situation would not be en-
oouraging But not much confidence Is
placed In the reduced estimate OF corn.
none at all In the estimate Of wheat, and
even the most enthusiastic bulls do not
think II worth while to quote the govern.
ment report as to cotton.
The fact Is that We are beginning to
market not far from 3, 300, 0O0 000 bushels
of corn, though only about 500, 600, 900
IxxnL nLnla xxrt1 lNA ttA.
where 1t is grown; about 400, 600, 600 bush
els Of wheat, of which the farmers are un-
wisely holding back q large proportion,
and about 1900 600 bales Of cotton to add
to the stocks carried over.
The wheat crop Is evidently larger than
the department has estimated, though no.
body knows how much larger, and Ia com.
ing forward with more encouraging ra-
pidity, no less than D, 778 l73 bushels hav.
ing been received ab western ports, against
SAC, ,00l bushels for the same week last
year, from much larger crop.
The farmers have undoubtedly been
keeping back wheat under an agreement
among themselves, but 1t does not seem a
profitable operation for them. The price
declined sharply, about cents bushel.
with little indication OF recovery.
The price Of corn has also yielded,
with strong prospect OF the largest crop
ever grown and at 38 cents at New York
large proportion of the crop will be of
little profit to farmers.
If we are to have large crop of grain
and small crop of cotton 1t Is natural to
infer that manufacturers may find large
transactions at the west, but not at the
south.
In the Industrial World.
The largest output of pig iron ever
known, 194,020 tons, Is apparently sup
ported by reduction of $4,000 tons in
stocks of pig iron unsold but the fact that
the great steam companies have taken
large quantities. which arc not included
In the official statement, renders the ac-
count of stocks less valuable.
The market for finished products is
little weaker, with indications of hesita-
tion on the part of buyers at Philadelphia
and Pittsburg, although prices on the
whole are fairly maintained. There Is
great pressure for delivery Of structural
products and plates, but bar iron Is still
quoted at Pittsburg at Las cents and tank
steel at 1.19 cents.
The rapid shipments OF Marquette ore
during the past week have some influence
upon prices of bessemer products.
Nothing Of Importance has occurred In
the minor metals, though tin has been
stronger at times, with London buying,
and copper has been helped hg the report
OF a big sale of lake at 1eN cents.
Transactions In boots and shoes are
rather disappointing While the shipments
continue large-16e, 870 cases for two weeks
Of September. against los, ,SlS Lass year-the
marked weakness In hides tends to hinder
buying. Western hides are offered at 81
cents, which sold at OK cents two weeks
ago, and manufacturers imagine that
prices Of leather and boots and shoes will
have to reoede. Orders a. present are very
narrow.
Cotton goods have been strong. with
comparatively good market for raw cot
ton but at the close decline Is indicated.
because the market for raw cotton has
shown much weakness
Sales Of wool have been 6,l47, 900 pounds
for the week. against u, BIZ 800 pounds for
the same week in 1899, and there are In
dications that the domestic market Ia quite
overloaded by the speculative purchases
made some time ago. The man ufacturers
are by no means able to disregard the
heavy importations Of foreign goods, which
have taken away considerable share Of
;heir traffic.
0urranrs Trial Stinsing Out
SAN FRANCISCO Sept IA The prosecu.