Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1899-04-24
MONDAY. APRIL pa, 1879
TRADE CONDITIONS REVIEWED.

TRAnE CONDITIONS REVIEWED. |
The Two leading commercial agencies
OF the country make most encourag- |
ing reports on the condition Of trade.
Dun's Review says:
Nothing appears in business, or in
money markets. to prevent continuance
Of tina heaviest trade ever transacted
at good profits. The payment to spain
is supposed to have caused some rise
in foreign exchange, which, would
amount to nothing in any case, as ball
ances due from other countries more
than cover the payment and advance
bills against crops to come forward In
.Illy and later win soon be offered.
Loans ON Industrial securities are sull
at higher rates than on railway stocks,
but on good commercial paper or rail-
road stocks money is in ample supply
and az low rates. Nor have stock Oper-
atlons caused any appearance Of pres
sure. The financing OF new corpora
tions has passed thus far avith less
trouble than had been feared, though
the completion Of some organizations
Is hindered OF has failed. The usual
time for financial troubles in Spring
has passed. and the usual alarm about
crops has done its work. and still in
dustries are undisturbed Men who
have held wool stiffy for more than a
year are selling freely at bottom prices,
admittedly the lowest OF the year Sales
al the three CHIEF markets in two
weeks have been 23.2O4. 2S5 pounds. OF
which 1887 5S5 were domestic. against
1896. 100 pounds I'm 1892 Territory
wool, 100000 pounds, was sod for ex-
port Dc England, and 100000 AUS
tra.ian In bond, which has been held
hsra fifteen months fine wool being
very high there. while-e cross bred is so
low that n can now he imported With
assurance OF better prospects for goods,
wooden manufacturers are waiting for
the effect OF various combinations.
Tha demand is not at present especial
~ large. and considerable machinery
IS idle. Cotton has advanced an eighth.
hut exports are small takings CT spin
ners are small, and the prospects for
The next crop are moi bad. while vlsi-
BE stocks are remarkably large An
advance of cne-quarter Of a cent In
some staple goods is considered sia-
n,iicant. and may influence Other prices.
Following this comes this report by
Bradstreets
An enlarged demand Tor this c0an-
try's maEuactU. ca products 10 some
Cegree ccunteiba.ances the taxing on
IN the valus on agricultural exports
notably cereals and cotton, shown az
compared with a year ago. For the
month of March a drop OF SIS 600, 00(
IN exports OF breadsMifs, cotton, prOvi.
slOns, live cattle and mineral oils has
been partly made up by gain CT near.
ly 100000 I'm other products, leayins
net deficiency as compared with Z
year ago of per cent. Imports refecI
THE increased purchasing power of th,
country, the total for March, In fact
being the largest since May, 1897. Fol
the nine months period exports, as
whole, are a little less than double tn.
imports. Wheat, including flour. ship
ments for the week aggregate 1882, 95
bushels, against l9S3.6l9 bushels IA
the corresponding week OF 1898, 1854.
66S bushels, in 1897, 1,2S6, 400 lushel
in 1896, and 2.43l ,6S4 bushels in 1896
Since July /, this season. the export
OF wheat aggregate 1876. 262. 17S bushels
against l9l SOB $50 bushels last veal
Corn exports for the week aggregat
3,O9l9io bushels, against 1850. IL
bushels last welIk, $685., ASP bushels &
this week a year ago. 4,769,3l5 bushe'
in 1897 9Sl206 bushels in 1926 an
4S2 $50 bushels in 1895
Since July I. this season. cor export
aggregate 12S,047,74l bushels. agains
lill2S.32l bushels during the sam
period year ago BETTER weather ha
favored trade In Night fabrics at som
western markets. Chicago irOnand ste,
manufacturers are rushed to the I'm
or their capacity, while supplies
raw materials barely equal reqlir,
ments. The California wheat crcp wi
he heavy one, and wheat charters an
i'm Increasing demand Better weatht
has helped trade al the South. FlHn
in orders constitutes the priacipal bus
ness at Baltimore. while PhTade,phi
reports special activity In umhc~. hids
and leather. and In iron and stee
though in the latter the demard Is Il
small lots One-fourth Of the 20 al We
sales at Boston last week are re9,rtc
destined for shipment to Erglqn.
Spring trade at Pittsburg Is tho 'args.
IN years, ard iron and steel mills an
fun of orders.