The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-03-20
Bradstreet's Review.

NEW YORK, March 19.-Bradstreet's to-
morrow will say: Another week of irregu-
lar trade brings an element of disturbance
in the outlook for a fight over the new
tariff bill, and the disappointment among
manufacturers of wooden goods, silks, cut
lery and other lines at various tariff
schedules. Spring trade in jobbing lines is
over. collections are slow. and at many
points there is no change in demand or
supply, except a request for cheaper grades
of goods. Threatened overfiows i'm the Cen
trail and Mississippi valley have restricted
the country order trade and rain and high
water have exercised a similar influence in
the Ohio valley, and in south Atlantic and
gulf States. The movement of general mer-
chandise is also checked at the Northwest
by unfavorable weather. The demand for
cotton goods is disappointing. and manu-
facturers have moved some lines only at
concessions in price. Iron and steel indus
tries appear less likely TO expand in the
near future. Practically lower prices for
lBessemer pig and for billets seem to have
been the result of speculative o~verpurchas-
ing at the late revival in expectation of
an advance, which has not shown itself.
Delay In fixing lake ore prices has also had
an lnfuence. There is less demand for
American iron and steel for expectation.
particularly for Northern products.
AT most OF the larger centerS the feeling
or encouragement is stronger among mer-
chants at the prospect for continued i'm
provement in trade. yet the increase in
volume OF business in dry goods, groceries,
hats and clothing. compared with preceding
weeks, and with the like week in previous
years. does not equal anticipatiOnS. There
Is an Improvement in demand for wool, for
which. prices are higher. Eastern wool
manufacturer show more inquiry for
goods. though the condition of this indus
try still leaves much to be desired. The
newly developed Pacific coast export trade
Is marked by a shipment of doors, sash
and finishing lumber from Tacoma TO South
Africa. An additional favorable feature is
found in the tendency of prices there for
wheat, corn, oats, pork, lard and sugar, in
addition to wool being upward while quota
tions for print cloths, cotton, petroleum and
lumber are nrm and unchanged.
Exports OF wheat flour included as
wheat from both coasts this week indicate
a continuation OF the recent check 10 the
export movement. amounting to 1.629, 434
bushels. compared with 1893 600 bushels
last week; 1882. 600 bushels in the third week
week of 1896: 2.343, 600 bushels in 1894. and
as contrasted with :, I6S.000 bushels in the
corresponding period i'm 1898. Exports of
Indian corn, on the other hand continue
very heavy. amounting TO 1888. 31S bushels
this week. as compared with. $4,000
like week OF 1896. $4,000 bushels in 1895.
1.119, 600 bushels in 1894. and as contrasted
with 90i, 900 bushels in the corresponding
period In 1898.
The tendency of business failures con-
tInues TO decrease in number. the total for
week and larger totals in preceding weeks.
800 in the third week of March. 1896. 2a2 in
1875 and l97 IN the corresponding week OF
1884.