The San Francisco call., 1898-04-30
COTTON MARKET.
NEW ORLEANS, April 2s.-COTfON-Easy middling, 54c
DuN's REVIEW OF TRADE.


 NEW YORK. April 2s.-R G. Dun & Co., Weekly Review of Trade will say tomorrow: nostlhtes have not as yet changed last weeks conditions There Is much postpone ment of orders by men who do not know what they are waiting for and much restriction of loans by banks which abundanty strong. All this checks new business, and yet the vol ume or transactions through clearing houses IS per cent larger than the week in losz' With no foreign trouble. But this increase would be much larger but for speculative stag nation here, New York clearings being 2.1 per cent smaller than In 1892. Railroads doing a great business 6.7 per cent larger than in 1882 in April earnings thus far and 13s larger than last year.
 Many have been asserting about every day TOT the past two weeks that the wheat specu- Iatlon has eliminated, but the price has in that time advanced 21Rc, SAC within the past week Receipts of 2,746.7 7sO bushels at the West this week, against 1552. .S35 a year ago. and averaging GOO bushels per week for Janu- ary, February and March, show exhaustion of supplies. while exports amounting to 3,To4,- 9Io pusnels from Atlantic ports. against 643, l4o last ny, year Iss and 1SsolS from facitiG ports cases. makes exports for the four weeks +, ,o93,- 76S from Atlantic and 2SS0.O20 from Pacific bushels. against 127. l6S. 6s4 bushels during the same months and weeks of last year oo. els. against sos oS last tA year, % a and I for four weeks have been 12. 266. 6S1 bushels. against L. ::
 
 151, ,ooo. 900 bushels for the crop year. No such foreign demand for both grains has ever been known, and 1t does not seem to be satisfied at all yet.
 Confusing accounts about the great indus tr1es cannot cause surprise, In view of the con- tradictory influence of monetary stringency, curtalling many orders. heavy orders by the Government in many branches and all-pervad- ing confidence that after temporary conditions business is to be better. The Government Is buying many uniforms and great quantities or supplies, cloths. shoes, copper wire and iron vessels sels
 Banking caution at the same time is stop confidence as to future business causes refusal or very many contracts for long time the holding Of wool above its current manufacture value and marked rise in hides.
 The consumption of iron Is still the greatest ever known. though many structural and car contracts have been deferred. The week has witnessed Eastern inquiries for plate at Chi cago and general advance of g per ton, with refusal of bids by implement makers at Chi future are expected and Eastern buying of bars from Chicago for car building, with shade lower prices at Pittsburg for Bessemer pig, because the associated producers hold to at lower figures. In spite of. any agreement by foundrymen and forge producers the price of gray forge at Pittsburg slightly declines. Considerable orders for steel rails for export have been received during the week. With but two or three structural orders of consequence the works are fully employed for months to come.
 Woolen manufactures are doing rather bet ter, large Government orders helping. Sales of wool are about a sixth Of last years for April, half of those in 1896 and third of sales in 1892, though Eastern buyers are weak, but country holders are sticking for higher prices.
 United States, against 237 last year, and IS in Canada, against 40 last year.