The daily morning journal and courier., 1895-03-16
BBADsrREBr,S REYIEW.
Condition of Business Tn oughOut the
 Country Explained.

| New Hork, Mafcn l0--BraIStreetS
 says: There are fewer new and favor
 able trade features this week than
 unfavorable ones, but in most instances | they outweigh the latter which points
 to a continuance of small volume of
 business and quiet demand Unfavor-
 able weather, which has served to
 check demand so many weeks con | tinues to make itself felt south and | in many parts of the west. The coal
 miners strike and labor difficulties at
 New Orleans have served to cut into
 business at points dependent upon
 those centres of disturbance. Not the least unfavorable influence in staple lines has been that of bad roads, the effect of which is plain from Nova
 Scotia to Texas.
 In addition to increased competition
 here by Australian wools, demand fon
 the raw staple has fallen off and word
 is received that American dress goods
 manufacturers are using considerable Australian mixed with the American staple. The dry goods trade continues depressed, production being in excess of demand, cotton goods being moved generally only at concessions.
 Bank clearings throughout the United States amount to $S99, ,O67 ,OOO, this week or 10 per cent less than a week ago and of per cent contrasted with the second week in March, 1894, Compared with the corresponding week in 1893 the falling off Is "A per cent, and compared with three years ago the weeks shrink age is 2S per cent.
 On the other hand prices present the longest list of increases within week for many months Prominent are the advances in Bessemer pig iron, 1OQ15; 9-16 on cotton, wheat 25s, Indian corn 4 oats B, pork SIPS per barrel lard 30 cents and sugar 1-16.
 Higher quotations are reported for leather and hides, with the demand somewhat augmented Far western markets report advance of 10 per cent | on live stock Material improvement in the iron and steel industries is indicated | by the advance in Bessemer by higher | prices for manufactured iron at St | Louis, large orders placed for southern pig iron, and receipt of orders for con siderable lots of rails at Chicago This | Is significant among the favorable feat | ures of the week, but at the south gains | are shown in sales of leaf tobacco and | in demands for naval stores. Among | eastern industries makers of shoes re- port the recent advance fully maintain ed.
 Quotations are unchanged for wool. [ tin, iron ore, coke, lumber, coffee and | live cattle, while concessions in prices are rumored to have been made on coal contracts and are apparent for print cloths. steel billets. copper and eegs.
 Advices from distributing oenters, in- cluding Chicago and St. Louis, are ex- captions this week, in that they an- nounce a continuance of the rising vol ume of demand in staple lines and steadiness in growth not anticipated
 The report from St. Louis covers slmi- far ground, and in addition states that the volume of trade is in excess of a like period in 1893, when the volume was the highest on record. Activity among of machinery and agri- cultural implements there Is also mark ed.
 All larger eastern business centers re- port a small volume of business or that I by increased offerings as at Boston. Providence reports greater activity among mills and machinery shops, but less among manufacturing jewellers and wholesale dealers in groceries. Bad roads have hurt trade at Pittsburg Buffalo merchants are hopeful, but wholesale traders are proceeding on very conservative lines. Business has not improved at Baltimore as anticipat- d, it being smaller than one year ago. In the south Atlanta New Orleans and Galveston alone report evidences of gain { modified at the first point by rain and tt the second by labor riots. Phos- ohates are active at Charleston.
 At the west and north, aside from rains at Chicago and St. Douis St. Paul ilone announces improvement in cloth ngf hardware, shoes, hats and milli- lery. There is little animation and no C ,ther new features In central western, Ii outhwestern or northwestern states. z Mercantile collections there remain slow ( md the weather continues a damper to If rade. Portland, Ore, advices are that V prospects in eastern Oregon re ogod owing to favorable weather, c nd that Portland building prospects V re encouraging At Seattle, Wash, D tormy weather checks distribution of f. .roceres, but trade in other lines is I air. f. The total failures in the United States \ his week is 262, against 231 in the week A
 year ago \ Failures in Canada this week num- cred thirty-nine, against forty-five a a ear ago. t.
 e