Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-05-06
April Showed a Decided Falling or
in This Respect.
GRAIN MOVEMENT WEAK.
Hut Iron Works are crowded tolThsir
Capacity Wool sales tor the
Week Were Heavy.

New York. May s.-R q. Dunn 4 Co.
In their weekly Review OF Trade tomor-
row. win say THE failures In April
were the smallest In any month since
records by months began. ~ per cent
smaller than In April " last year. not
a third of tho amour, In 1897. and not
half the amount u April Of any prcv-
Gus year. Both In manufacturing and
In trading they were IN. smallest ever
known Ia that month. The ratio Of de-
faultcd liabilities TO solvent payments
through clearing houses was less than
~ cents per 1000, against ~ cents IN
January and tiie Ia March. ti.sp In
August aud $500 In september. 1885 a
Krvat share q the risk 10 the business
world has been eliminated,
IT II not inconsistent nor strange "
business hnlta. htcuuar " has been
crowded 10 the utmost Tor four months
IN anticipating future needs on account
Of now combinations proposed In some
cases prices have been advanced 70 far
hH to check new hualnrsa, and IN others
works have been engaged 20 far ahead
that new orders cannot b. taken, Yet
new business In amount which would
have been astonishing two years ago u
Htiil coming forward. and the voluntary
advance In vases By the nrmH " the
Central association ana BY the FriCk
Coke works. whose shipments In April
30.tis ears. were the heaviest ever
known, show confidence In the future.
A. Buraio and In Idaho strikes are
causing trouble. but labor questions
elsewhere do not anect general bust
ncss.
''rhc grain movement has fallen or.
only ststiis bushels haying been ~
AsaNlmu lIaa.Ik
against ties. SO bushels last year. ana
~ corn only ge3s.iis bushels have been
exported. against i.its.stp bushels last
year, while wheat exports frufn both
coasts have been better, a.ifi.iii bush.
els. Hour Included. against .,sii,.s'
bushels last year,
Nearly all Iron works arr crowded
for months ahead. but good many are
catching up with their orders, which
have recently diminished.
The report that all the great COM
panler are To- be melted into one, iniiu.
encea the stock market. but Il stu
scarcely credited. and the raising "
foreign prices where American compe'
titlnn n M longer felt ~ suggestive,
PIG iron IL nowhere higher. nor has any
class ~ finished products established
higher prices. though Ia many the de.
tnnnd exceeds supplies, London spec
uiatian made higher price Tor tin nt
tess5. although Atlantic receipts In
April. s.ios tons, were the largest On
record. ana copper ia stronger az 1880
for lake. although European stocks are
rising,
equipments N boots and shoes from
the East In nye weeks have been but
ilk per cent larger than last year, ~
per cent larger than In the next largest
year, 1895, and ~ per cent larger than
Ia 1852. Factories are busy foe orders
for months at old prices, and ave adj.
vance IN paid on new orders for rev.
efal grades. Hut the only change In
leather ~ small advance Ia Union
sole. and hides are half " per cent
stronger at Chicago.
Wool sales for the week have been
large. s.sis,Nai pounds. owing TO fhles
OF over million pounds -. australia
In bond for export, ana heavy speculn.
tive purchases OF Territory. The wool
year ends with heavy stocks ON hand.
and prices about ten per cent lower
than last year. British prices averaging
about n per cent higher for Australian
fine. but about 10 per cent lower for
English and cfoaH.brcd woods Sales ~
domestic wool Ia four months have
been S7,sos,1as pounds, more than IN amy
year excepting 1897, when F"cculntorH
were taking IN the heavy stocks which
some Of them have recently been SELL
ms at a loss, but Aaioa of foreign have
basn u.Iss s01 pounds for the year.
AGAINST slesiaso pounds In that year
THE market In goods IN little
stronger wifh an advance In clay mix.
lures. but IN general N waiting for tho
outcome 81 new combinations, and
about some of these there n still doubt
whether they VIII be completed, The
wornted combination has gone into op-
Grafton. but without interfering with
deliveries OF goods under previous or
derr. The cotton goods market u tho
more steady because some strikes viii
limit production little. but IN qulte
encouraging and active. and In some
staples has further advanced
Failures for the week have been lES
In the United States, against saS last
year, and 70 In Canada, against 20 last
year"