Pawtucket tribune. (Pawtucket, R.I.) 1890-189?, 1895-03-30
THE BOOM INCREASES.
Third Successive Week Of Improve
ment In the Business World.
The Lifting This Year Has
Begun at the. Bottom.
Various Signs Point 10 Further Prosperity In
All Lines Of Business.

NEW YORK, March 80. = Bradstreet's
says today General trade for the third
week In succession continues to show owl
dence Of improvement. In no other direc-
ton Is this so plainly indicated as In tho
tendency OF pricos.
A week ago encouragement had boon
obtained from generally unexpected ad-
vance In cotton and wheat. Follow
Ing their slight reaction, the week
has witnessed firm cotton market
further Improvement In wheat, with
a sympathetic influence on corn
and onts. the effect Of which is greatly
emphasized this week by advances
In quotations, not only for coke. but pros
pcctiyely for steel blllets and actually for
manufactured iron at western markets.
Higher quotations for cut meats out
vest are the outcome OF restricted sup
plies Of cattle, and this Is behind increased
demand for shoes for fall delivery. as quo
tations for leather continue upward OH
the comparative scarcity Of hides.
Dun's Review.
X. G. Dun 81 Co.'s weekly review of
trade says:
Hosting of prices from the bottom
seems measurably successful In leather
and shoes. The combination Of leather
producers has been strong enough to resist
prolonged delay In buying by shoe jobbers,
and most OF them havo made contracts at
part OF the advance In prices demanded by
shoe manufacturers, though their orders
are as yet smaller than usual, while some
heavy orders have been taken at old prices.
Raw cotton has been hoisted until a
stronger market for goods resulted with
some advances In price.
Cotton speculation reached halt with
the enormous realizing Of last week,
and sales have been third smaller. with
no advance. The season Is really late and
there are solid reasons for reducing acre.
age factors and traders being able to ex-
ert a powerful influence II they chose.
In the woolen business cancellations In
some lines have been startling In magni.
tude many mills finding themselves in
great need Of customers This seems to
be mainly In low grade goods, inferior
quality being the common complaint, but
delays through strikes also play part,
while offers of cheap foreign goods are
not to be overlooked. Sales of wool for
the week have been quite large-5. 829 800
pounds, against 4,07S, POO last year.
Guesses about the condition Of wheat
have varied widely this week, and prices
advanced ~ cents.
Corn is / cent lower, while pork Is 75
cents barrel and lard and hogs Is cents
per 100 pounds higher.
The failures this week have been 234 In
the United States, against 238 last year.
Over the Border.
Bradstreet's makes the following COM
ment: At Toronto business Is unchanged,
being characterized by only fair demand
for sorting up goods. Manufacturers and
jobbers at Montreal report business quiet
and do not expect activity until naviga-
tion opens. Business Is quiet at Halifax
also. and throughout Nova Scotia, where
collections arc slow. The output of lum-
ber is heavy in New Brunswick, and 1t Is
Of interest to note there Is some revival in
trade in Newfoundland, the sealing in
dustry having been successful
Bank clearings ut Winnipeg, Hamilton.
Toronto Montreal and Halifax aggregate
el5, ,26l, 900 this week, n falling off Of about
Is per cent from last week.
There were 5Sl business failures reported
from the Dominion Of Canada during the
past three months contrasted with 5S3 in
the first quarter of last wear