The Providence news. (Providence [R.I.]) 1891-1906, 1895-04-27
BUT SURE.
Business World is Recover
ing From Depression.


New YORK, April Pr. G. Dur & Co,
In their weekly review OF trade, say:
Neither the rising In speculative mar
kets nor the steady gain In industries has
ceased, and 10 Is wholesome that there are
signs OF hesitation In the productive
industries han In speculative prices.
wage strikes grow more numerous and
cause some trouble, and retail demand
lags behind wholesale sales and jopbinQ
purchases behind production in some
branches, but through many conflicting
reports the fact shines out that the indus
tries are gaining, not with q rush n a
whirl, but more safely.
Recovery 10 not often mathematically
equitable. When the load OF depression is
lifted and men find that better things
have come TO stay, there must be many
contradictory changes. Quite a number
Oh works have advanced wages during the
week, but strikes TO compel an advance,
possible Tor some but not for others, have
grown much more numerous. Some shops
are closing for ant OF orders, but q larger
number are resuming work.
frices OF shoes and cotton goods are ris-
Ing; wool and woolens are lower. Ii
would be a distinctly unnatural move.
ment, Inviting only distrust, IL IL were
sympathetic and with equal step in all
branches.
The Shoe Industries.
Doubt whether hides and leather would
be held at higher prices hindered shoe |
manufacture for q time, but now jobbers |
want to give more orders than manufac- |
turers dare to take who have their leather I
yet TO buy. The hindrance Is the advance
In hides and leather, for while ~ to 10 |
cents more Is paid for shoes. the present
cost OF leather makes many 10 to Is cents
dearer, and s cents paid for western hides
Is said to mean higher prices yet for some
kinds OF leather. Shipments from Boston
for the month have been 2o4, 4l7 cases
against 2S4, $40 in 1898.
Cotton mills are getting more money
Tor goods and have quite generally ad-
vanced wages. Consumption Of northern
at the maximum would be in
eight months /, $50, 600 bales, but they have
actually taken 1850, 00s bales, and have q
profit on GO0,00o bales controlled of over
u, 600, 900. The consumption is large and
seem to be warranted.
Iron production, stimulated because ore.
Joke and oil were TO be dearer, is retarded
oy shrinking demand for products. for,
On the whole, new business Is said to be
INHALER thar in February or March. Bes-
'emer pig Is lower, and sales of southern
pig In northern markets nave been large
20 cents advance. Finished products
ire nearly all at their lowest prices.
Wool Away Down.
Wool has sold at the lowest price on
ecord this week, 10 cents for Ohio Xxx
ma y cents for years Texas, and offers TO
lear on stocks before new supplies come
inward tempt manufacturers TO purchase ]
'oyonu present needs. Sales OF foreign,
,ll7,3OO pounds in three weeks of April.
gainst S,2g2,5OO domestic, make the total
I, 4O9, 800, against 10, 906 100 in 1872, and
or course, in 1898 and 1894. Demand 7
DR. dress goods continues large aud i'm
but uncertainty in mems wear =.
Gods continues, and Is somewhat IN. .
reased by more numerous. strikes. Col
red fannels are 5 to III per cent lower
an auction sale r to be held, and some R
regularity appears in prices for fine
'ncy goods. p
Higher prices for wheat, nearly 8 n
Dove last weeks, tend To check Atlantic +
sports.
Cotton touched z cents, recedina TO Sg3.
3J6 bales had come into sight last
eek, and British exports of goods were A
1900, 200 yards less in tho first quarter
is year than last. With su1k~facts, tho
70 does not help to lessen southern acre II
g. "
The failures for the week nave been 23o
tho United states, against 40 last year, ri
d 81 Ia Canada, against rs last year.
Over the Border.
bradstreet's says: There is some in.
'ase In activity among manufacturers at
'ntreal, owing to the opening Of nav. M,
'tion, but general trade there. as at ,
ronto and Halifax, has not expanded in PT
as yet. !
there has been an advance of staple j
ces, but collections are slower. Lum. PR
shipments from New Brunswick have I
reased. Trade romans quiet In New. ST