Morris tribune. [volume] (Morris, Minn.) 1880-2000, 1895-03-06
TRADE REVIEW.
how 40 business Situation Appears to
Dun and Bradstreet.

Dun and Bradstreet.
n ,Ew York, March 2.-R. g, Dun s.
- As weekly review OF trade says:
mo gold goes out though sterling exchange
has risen close to the exporting point, and 1t
does not yet appear that the syndicate has
made any effort to control the exchange mar
ket. The stock market waits ablectly for Lon
don, and foreigners show thus far more dis
position to sell than to buy. Withdrawals OF
gold by redemption of legal tenders have
not ceased, but since the closing of the
syndicate contract have averaged about
$4,000 per day. There is no essential
change in the money market, though rates are
somewhat higher. Agricultural products are
shade higher, but without any reason which
looks to future operations. More people are
idle in the great industries than were idle last
week. but not for reasons which distinctly Of
feet the future.
THE industries make very slow gains where
they make any, Nothing new can be said Of
boots and shoes for the market Is still unset
tied by the controversy about prices New
orders are scanty and the main reason is that
1obbers have on the whole large stocks on
hand, and are not now anxious to increase
them at higher prices. The demand for cot
ton goods is on the whole decidedly disap-
pointing. The demand for wooden goods of the
better grade seems q little better than has
been expected
''VQ0 failures Tor LQre0 Weeks OF taSDru1rv
have shown liabilities amounting to S., 533U28
against 81 42O,4l8 for the same weeks last
year. in manufacturing 81 657 ,05O against S.
045, BAT last year. and in trading IS 250, $50.
against $62S1 ,693 last year. Failures for the
week have been 250 in the United States
against 261 last year and in Canada 'S8 against
AZ last year"
Bradstreets says:
while the course Of general trade during
the first two months of the current year has
been disappointing, February ends and March
begins with tangible, though not as yet salts
factory, signs of Improvement 1t is encourag-
ing to note that gains are reported in the vol
ume of trade at almost every south
ern city, Notwithstanding advices from
northern cities whose jobbers supply south
ern and southwestern markets, that low prices
for products had curtailed purchasing ability
at the south and southwest Among larger
eastern business centers no general evidences
of improvement are reported except larger
volume of trade in staple lines at Pittsburgh
sogether with better demand in the iron and
steel trades
AT the west there is less encouragement
improvement being reported only from Louis
vile, Chicago, ST. Louis and ST. Paul Milder
weather has not favored the business situa-
tion at the northwest. Stocks of general mer-
chandise throughout the central and south
west are small and the number Of buyers
from those regions at Chicago Is In
creased. Like reports are received
from ST. Louis, where orders for spring
goods are Of fair volume. although buying
continues conservative, competition inducing
frequent concessions in price. General trade
has preserved only moderate volume at
Cleveland, Kansas City, Omaha, Milwaukee,
Duluth and Minneapolis, where collections
are fair only and the mild weather is unseason-
ah1e