Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1896-04-29
TRADE REVIEW.
business Has Hecn Favored by Seascaabie
weAther-Ehc Distribution OF Products
Has Made Very Fair Progress

Westher-rhc Distribution OF Product.
HAS Made Very Fair Progress
NEW York. April ss.-R. q. Dan &
20 says Saturday in their weekly re-
view OF trade:
fallureS Tor the week have been aSS
IN the United States against $50 las,
year. and 80 in Canada agains; 81 last
year.
BUSINESS has been favored by season
able weather and the distribution of
products has made fair progress: not
yet reducing retail or wholesale stocks
Tar enough, however. to materially inn
prove the position of industries. Money
markets have grown more favor
able, rs we'll as the state of foreign
commerce, and until an apparently
groundless revival of discussion about
the Venezuela difficulty. there was n
brighter prospect of European invest
ments here. The belief that agitation
Tor cheap money will be permanently
laid ut rest this year is gaining
ground, and in financial quarters
causes more confidence for the future.
Prices of commodities are on the whole
lower than ever before. having de-
clined about two per cent since April
l, and IL per cent. since July, 1890. or
October. lsoe. The fall in manufac-
tured products is little less than il
was April l, but in farm products
greater.
Speculation is swayed by trifiing in
huences when markets are very mar.
row. The recent advance checked buy
ing OF wheat for export and Atlantic
exports for the week were ONLY LOIS
2Si bushels, flour included, against
l,16s,S'S last year; while western re-
ceipts were 2,094, 557 bushels, against
1880 last year. With generally
lair prospects rs To winter wheat the
price dropped about two cents, nearly
half the rise based on gloomy receipts
early Saturday morning. Corn receipts
continue heavy and the price is a shade
lower a single entcrprising buyer
was able TO push up the price OF cotton
an eighth, though the progress OF plant.
ing gives promise of n large yield and
the receipts continue rs large as in 1893.
though about $50, 900 bales larger for
the year thus far.
Cotton goods were bought less free.
ly last week and the northern mills
have taken scarcely any cotton this
month. The feeling is more hopeful
because retail trade is better. The
situation in wooden goods does not i'm.
prove.
Large orders taken for boots and
shoes when prices were reduced TO last
years lowest, more than a month ago,
results in shipments nearly equal To
last years; in April thus far five per
cent less, but new orders are not now
coming freely except for immediate de-
livery to fiji out broken stocks. Leath.
er is weaker. with heavy sales averag.
ing about three per cent. lower for the
week, although hides at Chicago are a
shade stronger.
Neither pig iron nor manufactured
goods have improved in demand as vet.
though further combinations have
raised prices of rods and OF bar iron 10
LEO. while steel bars sells at lis and
nails are 10 be - cents higher n fter
May l. Brokers at Pittsburgh are still
selling steel billets 90 cents below
the pool price, though it was
formed more than three weeks AFRO.
and Bessemcr pig had declined there
10 Sl3 with gray forge stronger Struc-
tural angles are shade lower. though
some good contracts are expected.
Many consumers of copper are working
part time and lake is offered at 1865.
Tin is doll but a shade higher at 1874.
and lead with large western sales at
LO71. Makers OF tin plate have
agreed TO maintain prices, $50 20 being
still quoted for bcssemer coke fun
WEIGHT