The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1895-04-12
QheDrmofrat-SA r
AN IMPROVEMENT IN TRADE.
New Orleans Picaynhe

New Orleans Picaynhe.
Nearly all the reports received from
different section Of the country indl.
cate a revival in general trade. The
iron market, usually an excellent
barometer of trade conditions, has TX.
perienccd Il very decided improvement
within the past few weeks. This bet
tcrment has extended to all depart.
ments of the iron industry, not only
the crude material, but the manu-:
featured products being more in re.
quest.
REINFORCEMENT in iron indicates
a more active business in all the in.
dustrial lines, in building aud rail.
road construction. The textile trades
also report and increased traffic. Fall
River has enjoyed IA considerable in.
crease in business, while the sales of
wool at Boston and other Eastern cen.
tcrs show a decided betterment In the
demand for heavy fabrics.
1t is not the season Of the year
when the foreign trade is usually brisk:
but, Notwithstanding that fact, there
is Il good business doing, and the re-
cent account from Wall street indi-
cate very general improvement in
the demand for American securities,
even foreign investors displaying more
interest than they have shown for a
considerable time.
Speculation in all the leading staple
productions of the country, which has
been %stagnant for a long time, has re.
Gently revived, with the result that
prices have advanced. Wheat, corn,
pork and cotton have all improved in
price, and in the ease Of every one Of
these commodities the outlook is for a
still further Improvement. This re-
vival Of speculation proves that the
slow process Of liquidation which was
to have been expected as a result of
the panic of 1893 has been finally
completed, and that confidence has re-
turned, with an accompanying DISPOSE
ton to embark in new ventures aud
enterprises.
AS already stated, the present is not
the season Of the year when Il very
brisk business is looked for; but salts
factory conditions now, based upon
the causes we have just outlined, mean
a very active trade when the season
arrives for the marketing Of the new
crops. 1T is now practically certain
that all the staple products of the
country, such as wheat, corn, pork and
cotton, will be marketed during the
coming season at prices materially
higher than those which prevailed last
year.
Not to 60 outside OF our own dis
trict, take cotton, for instance. That
product has improved at least So Is
per bale from the lowest figure touch
ed. With the farmers devoting a large
share OF their acreage to food crops.
and with the consequent prospect for
Il smaller cotton crop, the price at
which cotton will sell during the
coming season promises to represent Il
very substantial improvement over
the current price. Not only will cot
ton sell at higher prices, but it will be
produced cheaper than ever before, so
that farmers are likely to reap better
. profits from their crops than usual,
Such a state Of things, if realized, a.
seems in every way probable, cannot
Hail to have a most beneficial effect
upon general business throughout the
/, South.
The prospects for sugar, in whicl
we OF Louisiana are so vitality inter
ested. have also improved in proper
tion to the bettcrment in other lines
: The unfavorable weather, coupled
with the revolution IN Cuba. promise.
to materially reduce the size of the Gu
ban sugar crop. The sowings of sugar
beets in Germany for the coming sea
son. as well as in other European
) countries, will be considerably curtail
ed from last year. With a much small
er worlds supply ahead, it is practical
ly certain that a better level of price
will prevail in the sugar market, par
,s ticularly should the general trade re
vival stimulate an increased deman,
for sugar.
There is, therefore, not only an i'm
provement In business to note at tn
% present moment, but the outlook !
=: also decidedly more promising, fact
D which should serve to encourage bus
96 ness men to Jake a more cheerful vie,
Pr of the situation.
IA CONFEDERATES IN NEW YORK