The herald., 1895-03-23
THE GENERAL TRADE REVIEW
The Improvement More Marked, but is
Not General
Better Feeling Based on the Recently De-
veloped Strength in Cotton,
Wheat and Flour

NEW YORK, March 22.-Bradstreet' S
tomorrow will say Improvement in gem
eral trade is more marked but not gen
New England points-not only Boston
and Providence, but at New York, Pitts
burg, Cincinnati, Louisville and other
centers along the Ohio'river valley to st.
Louis. and as far west as Kansas City.
Similar reports come from Chicago. Mil
waukee and st. Paul., the first named an
nouncing that smaller quantities of
money are being offered, the banks work
ing steadily toward a per cent basis, de-
mands for loans continuing to improve
and reserves being lower than for a year
past. In other cities better feeling is
reported, based on the recently developed
strength in cotton, wheat and -four. The
wide spread prevalence Of the inquiry
whether this Upward movement is the
beginning of a permanent recovery from
the two years of depression is OF itself
insignificant.
While among important price move
ments there are reactions for wheat, oats
and lard from the advances of last week.
this was to be expected as the outcome of
selling movement to take profits, en-
phasized by favorable crop reports from
abroad and freer receipts. Quotations for
anthracite coal have been demoralized and
bucIS Is llttlc lOpc lOT lIlcIl uHtll bIOSc
who make them desire to make prices
higher and steady.
Eggs continue to rise and hogs at some
western points are &C. higher.
,Jobbers of ginghams have closed out
their stock in some cases by cut prices,
but these cover about all the noteworthy
declines in prices.
Wool remains unchanged, although the
volume of business is smaller because it
is between seasons, while dress goods
mills and Australian wool are more pOpU
lar. No changes in quotations are noted
for coffee, sugar or naval stores. On the
other hand cotton jumped up 5-l6c; corn
is &c higher and butter has scored an
other advance. On the Pacific coast lum-
ber is higher and advancing, and at CEN
trail western markets leather is up 1c per
pound and calfskin 4c to sc per foot.
Live cattle have also advanced. as has
coke. which, taken in connection with
workers at Pittsburg, indicates an adj
vance for Bessemer pig iron and billets.
increased firmness is reported in some
varieties of cotton goods, due to the
advance in cotton, some varieties having
been marked up * per cent by manufac-
turers. Exports of wheat, including -four
as wheat. from both coasts. equal :, 998. .6S5
bushels this week OF 207, 900 bushels more
than last week, more than $780, 900 bushels
in excess of the quantity shipped abroad
in the third week of March. 1894, and
more than 100000 bushels in excess of
the total in the like week of 1893. The
increase as compared with the cores
ponding period OF 1892 is about 400, 600
bushels and with 1891 more than 800. 600
bushels. Thus for the first time in many
months the weeks exports of wheat have
been in excess of corresponding in four
preceding years. While wholesale trade
has improved at Toronto with jobbers of
dry goods and hardware, the market is
stronger.
abroad in the third week of March. 1894,
and more than 100000 bushels in excess
of the total in the like week Of 1893. The
increase as compared with the CORE
spending period of 1892 is about 400. 900
bushels, and with 1884, more than 800, 900
bushels. Thus, for the first time in many
months the weeks exports of wheat have
been in excess of corresponding totals in
four preceding years.
Wholesale trade has improved at Toronto
with jobbers of dry goods and hardware;
the grain market is stronger.