The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1897-03-27

patches
New YORK, March 19-R. G. Dun & Co. 5
weekly review will say Though steadily in
creasing, business is still much below its
volume in former years of prosperity, and
many express disappointment. Yet there is
some gain every week, with more hands at
work and more mills in operation, and the
sure result-larger purchases for consump-
tion-cannot be long delayed. In some
branches it is felt already. There is larger
distribution of finished products, and the de-
mand for commercial loans has sharply in
creased, especially in dry goods and the iron
and steel branches.
The progress of the iron and steel industry
is hindered by uncertainty regarding the cost
of lake ore for the coming year, though the
repeated adjournment of producers meetings
is interpreted as evidence that agreement will
be ultimately reached. While there is no
great activity in finished products, the demand
steadily increases. Contracts for several
great buildings at Chicago are pending. and
for good many bridges and other railroad
work, and the demand for wire nails and for
wire does not abate; nor the demand for black
sheets, required in the tin plate manufacture
While manufacturers of cotton goods are
looking forward with much confidence, the
present demand is not equal TO expectation,
nor has the curtailment in production OF PRINT
cloths accomplished the desired change III
condition. No great increase has yet ap-
peared in the demand for wooden goods, al
though a few more mills have found enough
orders to start, perhaps, in part, anticipating
a future demand.
Bradstreet's tomorrow will say Another
week of irregular trade brings an element OF
disturbance in the OUTLOOK for fight over the
l.. Il, ~ afaratr
manufacturers of WOODEN goods, silks, cutlery,
and other lines. at various tariff schedules.
Spring trade in jobbing lines is over, collec-
tons are slow. and at many points there IS no
change in demand or supply, except request
for cheaper grades of goods. Threatened
overhows in the Central and Southern Mis-
sissppi 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 merchandise is also
checked at the Northwest by untavorable
weather. Iron and steel industries appear
less likely to expand in the near future:
Practically lower prices for bessemer pig and
for billets seem to have been the result OF
speculative overpurchasing at the late revival.
in expectation of an advance, which has not
shown itself There is less demand for
lary for Northern products.
At most Of the larger centerS the feeling OF
encouragement is stronger among merchants
at the prospect for continued improvement in
trade, yet the increase in volume of business
in dry goods, groceries, hats and clothing,
compared with preceding weeks, and with
like weeks in previous years, does not equal
anticipations There is an improvement IN
demand for wool, for which prices are higher.
Eastern wool manufacturers report more m
quiry for goods, though the condition OF this
industry still leaves much to be desired.
On accent of a reduction OF from 10 to Is
per cent. in the wages of the employees OF the
American Sheet Iron Mills, Phillipsburg, n.
j., 100 men refused to go 10 work.
President Julius Brieske, of the Chisto-
pher Columbus Building and Loan Associa-.
ton, Chicago, has asked for receiver as
David j. Dachel, treasurer of the concern,
has left Chicago with about $4,000
The West Point Georgia. State Bank
closed on Monday.
Martin. Wise & Fitzhugh, of Paris, Texas,
one of the largest and Oldest cotton firms IN
the South, have assigned.
Price Whitaker and wife, of Delta, Pa,
have assigned.
Schauroth & Co., manufacturers of boots
and shoes. Buffalo, n Y, are financially en-
barrassed.
The Farmers and Merchants Bank of
Paris, Texas, has suspended.
William Hanlons play, ''Superba. = has
been attached in Cleveland, o., on claim OF
$4,000 for damages to an employe named
William Coleman The sheriff is in charge
of the show, which is now appearing at the
Lyceum Theatre.
Application was made in the Pittsburg
court Wednesday for the appointment of
receiver for the Pittsburg Provision Company.
1t has capital of S250,0c0.
At Maysville, Missouri, the De Kalb Coun-
ty Bank failed to open Wednesday. The
bank holds some slow paper, and large
amount of real estate. Its business for the
past year has been unsatisfactory,
Homer p. Snyder, successor to Snyder 4
Fisher, bicycle manufacturers of Little Falls,
n. T., have made a general assignment.
The big factory of the National India Rub
Der Company, Bristol, R. l.. which is con-
troed BY the United States Rubber Company,
will close for two weeks. Fourteen hundred
employees are affected. Much of the work at
the factory will hereafter be done at Woon
socket and Melville.
Forty non-union employees OF Williams,
Clerk & Co., shoe manufacturers, Lynn,
Mass, have joined the strikers, and the latter
are continuing the fight with renewed vigor.
The firm, however, claim that they can get
all the help they want
At Wheeling, West Virginia, the Riverside
Iron Company announce reduction of 10
per cent. in wages beginning on Monday.
The Exchange Bank at Decatur, Michigan,
closed on Thursday.