Pawtucket tribune. (Pawtucket, R.I.) 1890-189?, 1895-04-06
Outlook For Canada Has
Much Frightened.
MANUFACTURERS HOPEFUL,
Advances Noted In Prices OF Iron,
Boots and Shoes and Textiles.


view says today: General trade at Hall
fax continues dull This ID truo at TO.
ronto also, where prices remain steady,
notwithstanding unfavorable weather
Montreal merchants are reported meeting
their paper falling due O week ago fairy
we'll. General trade Is stimulated by the
near approach OF the opening Of navlga-
tion.
Bank clearing at Winnipeg. Hamilton,
Toronto, Montreal and Halifax aggregate
tl6S75, 600 this week, compared with $l5,-
26l, 900 last week, and t20, ,6l2, 600 In the
week last year.
There were 53 business failures In Can
ada, against 40 last week.
X. q. Dun 81 Co.'s weekly review of
trade says: There Is gratifying evidence
that most retail trades show marked i'm.
provcmcnt over 1894, though on the whole
trade Is smaller than In 1S93.
The occurrence Of Easter In March last
yoar. but In April this year. Is found to
account for much difference In the vol
ume OF retail trade, especially I'm dry
goods and millinery, and the severe
weather and backwardness Of the season
also retard recovery.
While the volume Of trade, In quanti-
ties Of goods sold, Is nevertheless larger
than last year, bnt on the whole smaller
than In 1S93 the main difference In COM
parison with '93 is found In the general
decline of prices which makes trade In
value smaller even where 1t Is clearly as
large or larger in quantity.
The best news from the industries is
that labor troubles have been settled or
avoided, Mahoning iron and eastern
woolen mills being again active. Next In
Importance is the better demand for many
products which gives greater reason to
hope that recent advances from the bot
tom may prove successful.
Signs Of Encouragement.
Following the rise in coke. there have
been this week sales of 1000, 900 tons lake
ore at about 15 per cent advance and fin
ished products are no longer inactive,
Bessemer iron rising to $l0.65, gray forge to
&9.25, common bar to 95 cents, structural
angles to SL05 and plates 81 per ton.
Chicago shares in the rise and the ILL
nois Steel company has achieved notable
success in taking the contract for steel
plates for shipyards at Newport News.
Eastern works gain more slowly, notwith-
standing the low price Of anthracite coal.
The production Of Connellsville coke
for the week, 1853, 101 tons, was the largest
on record, but there Is some fear that
higher coke and ore may close some works.
Copper Is firmer. as sales of the stock
taken from the French syndicate removed
load over the market for the past six
years, and tin has been stronger with tin
plates because Of purchases for Pacific
Gamers.
The success of shoe manufacturers in
raising prices grows more complete, and
some who first asked "a cents advance
now ask III cents, with more orders COM
ing than appeared when jobbers resisted.
1t is conceded that orders are OH the whole
smaller than usual, especially from the
west, though the south Is taking more
than usual because of the severe winter.
Leather is as stiff as ever, and there is no
yielding in hides, which are higher in tho
west than here though the possibility of
importations from Germany is said to
hinder further advance in some qualities.
The cotton manufacture goes on gain
ing though cotton has halted. Better de-
mand appears for many qualities, and in
some slight advance in price.
Sales of wool reflect the renewed conf
dence of manufacturers as strikes are out
of the way, for 6,675. 100 pounds were sold
last week, against 4,64S. 2O0 last year. No
rise in prices is seen or expected in view
Of heavy sales and receipts Of foreign wool,