Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1897-04-16
DUN & CO.'S. TRADE REVIEW
FI.ods and URfMarah's Weather Have No
Weight.
RECEIPTS 90 NOT WARRANT AN ADVANCE
Corn Receipts Continue Heavy-Cot-
ton Advances Only an Eighth-De-
mand for Mems Goods Has Dinin-
issed--An Advance in Dress Goods.

r. G. Dun & Co.'S. weekly review OF
trade says: Out of 4,006 failures,
with liabilities of $50, 752, SCI in the
the first quarter, "a banking failures
covered more than fifth OF the
amount, 80, 744, $50, and 3,345 fail
ures, with liabilities of $50, 947, 1872,
or nearly three-ffths, are classified
this week according to branches OF
business leaving only 5s7 failures and
less than fifth OF the liabilities, $l2,-
O6O,0l in branches of manufacture
or trade, not specified. Only two of
the 10 of the manufacturing classes
and only four of 13 trading classes
show liabilities for the quarter larger
than last year, and only five manufact-
uring and three trading show larger
average liabilities. For the month Of
March only three manufacturing and
four trading classes show larger
amounts than last year and only two
manufacturing and five trailing show
larger average of liabilities. In al
most every case. also. it is shown that
the increase is due to one or two excep-
tionally large failures in that class.
The returns, compared with those OF
the three previous years, disclose much
improvement. already, and a brighter
prospect for more hereafter.
A sudden collapse in the wheat mar
ket. exceeding three cents in a day,
appears to have no other cause than a
belated perception thai past accepted
estimates OF yield and consumption,
official and otherwise, have been mis-
leading. Floods and other unfavora-
BILE weather for seeding have no
weight. Expectation Of great scarcity
and high prices burst like a bubble
and, for time, the only support was
the taking of profits by spectators for
fall. Receipts have not warranted
hopes of great advance, nor do they
now warrant much expectation of de-
cline. Western receipts are smaller
than last year and Atlantic exports are
rot large,
Corn receipts continue heavy and
exports for the week were 1928, 1897
bushels, against l, LAP, 10 last year and
against Atlantic exports of wheat
amounting flour included) to only L.
521, 124 bushels. against 967, 653 last
year.
In spite of foods, which must have
materially affected the prospects, cot
ton has only advanced an eighth dur
ing the week. The fate of those who
were absolutely certain that the crop
Of 1896 was very short, has left but
little confidence for further specula-
ton. Receipts thus far indicate sup
ply of American considerably greater
than has ever been consumed in one
year, but uncertainty about the COM
ing crop influences much buying. The
demand for cotton goods does not in
crease, although sales are Of fair mag
nitude, but print cloths are dull. Spec
ulation in wool has been checked by
the possibility that duties may take
effect April /. and some large ship.
ments from abroad have been counter.
manded, while traders here are less
disposed to sell.
The demand for mems goods has di
minished, the first round of purchase.
having been completed by many buy
ers, with results fairly encouraging
and the demand for dress goods, anG
especially Of the lower grades, hal
caused an advance OF 5 per cent. il
some lines.