Pawtucket tribune. (Pawtucket, R.I.) 1890-189?, 1895-04-13
TRADE REPORTED FAIR
With Bright Prospects For Improve
ment In Eastern Cities.
Strikes Have Largely Over
balanced Agreements.
The Shse Manufacture Continues 10 Lead
All The Great Industries


day says: The feature In trade circles 4
found in the prices movement moro par
ticularly those for CATTLE dressed beef and
hogs.
Drouth, low prices and "hard times
within two years have resulted In Z
shorter supply Of cattle - prospectively
30 per cent less than last year. Live cat
tie are s1.60 higher per 100 pounds thar
last year, and 81 higher than the lowest
point this year. Dressed beef is "a cents
higher than the averege last year, the
highest since 1885.
The comparative scarcity of high grade
cattle is emphasized by the fact that the
present quotations, when made In pre-
vious periods of scarcity have never failed
to bring supply when one existed.
The maintenance Of q generally higher
range Of clearings totals, an improved
outlook for manufacturers In the staple
lines, the spread of the feeling Of conf.
denco that the volume of business will In
crease in the near future. and On improved
crop outlook in western and northwestern
grain states are among the more signifi'
cantly favorable features.
Less activity Is reported from almost all
eastern cities, general trade being fair or
quiet with prospects for Improvement
bright.
Central western cities report improve
ment In business, and confidence as to the
future. Greatest activity is noticed In dry
goods hats, shoes and leaf tobacco.
Dun's Review.
r. G. Dun g. Co.'S weekly review OF
trade says:
Progress toward better business con.
tinues, but 1t is slow and meets many OBJ
stacles. In speculative aspects and In
wholesale demand for goods, the week
shows improvement. Money markets are
undisturbed and little more active.
But among the chief obstacles Is the
anxiety of operatives to secure better wages,
even while many manufacturing works
are running without profit, and others at
the risk Of less. In O number of estab-
lishments better wages have been con.
ceded. thus increasing the purchasing
power of the people, but strikes have
largely overbalanced settlements. several
OF importance having thrown about 12, 900
workers out OF employment this week.
Retail trade has improved on the whole
since March, as the approach Of Easter
brings more business, but distribution to
individual consumers still lags behind
purchases OF jobbers and such demand for
products as springs from building and
other Investments. looking into the future.
For the first time In long period. prices
OF commodities average shade higher
than year ago, and In Great Britain also,
owing to different causes. slight advance
occurred In March. On both sides of the
ocean the lowest level ever known may
naturally be followed by some rise.
Staple Products.
Crop prospects will greatly affect the
course Of trade for some months, and the
government report has little influence to
discourage. For consumers, the worst
feature is the rapid advance in meats.
Wheat has yielded nearly ! cent, al
though Atlantic exports for two weeks
have been 3, 706 643 bushels, -four included,
against 3, 500 6S8 last year, with western
receipts only 2,5S8 467, against 4,223, asa
last year.
Receipts of corn are about half, and ex-
ports about fifth of last years.
Decreases In receipts OF cattle are exag-
gerated, 659 400 haying arrived at Chicago,
against 7S9. 543 to date last year. and the
prevailing opinion is that western packers
are helping nature to some extent.
Cotton and Wool.
Cotton is on both sides more buoyant
than anything else. except meats and pc.
troleum here, crude oil having risen to
81. 80. the highest price for over II years.
Nothing supports the advance of "A
IN cotton the past week, except the impress
sion that the next crop will be short for
receipts are large and about 150, 900 bales
more than the largest crop ever grown
have already come into sight this year.
Sales of wool are particularly interest
ing. amounting for the week to 5000, 200
pounds, and for five weeks previous to 25,.
62l, 200 against 25277,6 676 in the same
weeks of 1892. In brief, sales are close to
the quantity required for a full consump-
tion, and the long delay In placing orders
and the lateness OF the season make the
proportion Of mills ut work larger than
usual. No Improvement In prices appears,
and domestic wool does not respond to re-
cent advances in foreign markets
The low price encourages manufacture.
ers to compete much more vigorously with
foreign goods Of many kinds than they
had expected, and for the medium and
cheaper grades Of goods they have more
than the usual demand, because purchases
OF consumers have for two years been
comparatively small. The better goods
fare not SO we'll, foreign competition be-
ing more effective. but there Is good de-
mand for dress goods
In cottons continued strength appears,
with further occasional advances of X
and u In print cloths, and the aggregate
10 fair. Many agents are sold well ahead.
The shoe manufacture continues to lead
all tho great industries, with shipments
over 20 per cent larger In number OF cases
than year ago, though not in value, while
orders have been more liberal at advanced
prices.
Failures for the week were 2O7 In the
United States, against 2l8 last year, and
"a In Canada, against "a last year.
Over tho Border.
Bradstreets report says: The weather
has been unfavorable throughout por
tions of the Canadian Dominion, Will
the natural effect of no trade although
the outlook at Montreal and Toronto Il
encouraging.
In New Brunswick, lumber OPERATOR
- sI.f ~.fI off a.. a..