Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1897-04-13
BUSINESS OUTLOOK.
No Gain Shown in the CONNER
cial Situation.
Floods and WashOuts in the South
and Northwest the Cause of In
activity-Analysfs of the
Quarters Failures.

New York, April 1o.-Bradstreet's-
says:
1.-The business stua ton a whole shows:
no gain. Staple lines are only fairly act
i've. Overflows, washouts and floods con-
tinue to do great damage in the Mississippi
and Missouri river valleys, throughout a.
great portion of which general trade re-
mains practically at a standstill Rainy
weather, extending from the central west
ern to northwestern spring wheat States.
has rendered country roads almost IN
passable, with the natural effect upon BUSH
ness. AS the region threatened :nclu'7cs'
the richest portion of the cotton belt tho
prospect for delay in planting second
time indicates the possibility of a heavy
reduction in acreage this year, whence the
advance in cotton this week. Pig iron. steel
pillets and cast iron pipe are lower IN
price; and the demand for steel and iron
is not as heavy as it has been, although the
price of lake ore has been fixed at a low
figure and an ore pool formed. Wheat mas
continued as disappointing as iron as TO-
price, dropping nearly four cents bushcl.
on Bradstreets' report of an increase IN
the worlds visible supply last week. IN
stead of decrease, as expected, due to 4
larger quantity of wheat in sight abroad.
Chicago has only about held it's own. little
| if any Improvement being reported in trade
there. St. Louis, more dependent on traffic
with the flooded region, reports decrease
in volume of business. Jobhers at Omaha.
st. Paul, Milwaukee and Portland. Ore,
| report a better demand, notably in dry
goods, oils. paints glass, shoes and leather.
Prospective advances in the wool tariff are
behind another rise in prices of wool and
woolens, but cotton goods thus far fail to-
advance, because restricted production is
meeting current demand nearly all staples.
| except those mentioned as having ad-
vanced. have Declined
Analysis of Failures.
New York, April 10.-R. G. Dun & Co..,
in their weekly review of trade, say:
"Out of 1000 failures, with liabilities Of
$50, SCI in the first quarter, "a bank fail
ureS covered more than a fifth of the
amount, So, 744,65O. and 3,345 failures, with
liabilities of $35, 947, 1892, or nearly three
fifths. are classified this week according
to branches Of business, leaving only s.:
| failures and less than a fifth of the liab:l-
| tiles, $12, 019. in branches of manufacture
| or trade not specified. Only two of the
| 10 manufacturing classes and only four Of
| 10 trading classes show liabilities for
| the quarter larger than last year, and only
| five manufacturing and three trading show
larger average abilities. For the month,
| CT March, only three manufacturing and
| four trading classes show larger amounts
| than last year, and only two manufacture
| ing and five trading show larger average
| of liabilities. In almost every case also,
it is shown that the increase is due to one
| or two exceptionally large failures in that
! class. The returns, compared with those
| of three previous years, disclose much i'm
| provement already, and bright prospect
| for more hereafter.
| Clearing House Exchanges.
1.-The exchanges al the leading clearing
| houses in the United States during the
week ended yesterday aggregated s1,01S,-
0s3221, against 1905, 1856, GAP the previous week
! The increase compared with the CORE
| spending week of 1896 was 81.