Evening journal., 1899-04-29
BUSINESS rs IMPROVING.

Eiau anu III du5ll ttinf tue NNO bItAN
commercial agencies OF 1.-The country,
take a hopeful view OF the trade conhi-
TORS The former says
The state OF foreign trade jua.incs
confidence rather than apprehension.
II Is the season lfor the lowest exports
Of staples, and their prices tbs year
axe extremely low, butt the urprece-
denied foreign demand fer manuiac-
.tur,d products so far ccmpelsates that
The excess of exports in March was
heavy and apparently has been I'M
April. In three weeks at New York eX-
ports have been 10 per cent. less and
imports ia per cent more thhn last
year, which would leaNe a heavy bal
ance II other RETURNS were Of the same
character. In May and June exchange
operations against coming crops would
cover a large adverse balance If, as is
rci likely, amy should appear. Bust
ness shown by clearings is 7O.5 per
cent larger than last year for the
week, and ~ per cent larger than In
1892. Outside New York the exchanges
are 35.5 per cent. larger than last year,
and 1873 larger than in 1892. All past
records are left so far behind that conn
paiscn with them 10y weeks emily indi-
ce,os the general range on gain, but
the daily average Of four weeks has
been iSi per cent. largcd than last
year, and 6S.6 per cent larger than in
1892. Failures for three weeks have
| been S4,337, S6S In amount, against Sc
i2S.453 last year, more than twice IS
much in 1897. and in 70 other year
less than $S.S26. $50 i'm 1894. ManmfRc-
turing We're $1S2S.5SS, agairs, s3,744.-
S4S last year. and $500 521 In 1897,
and trading were 50, 00S 500. ava'nst 81
I352.373 last year. and S40l0 OLA in 1897
| Failures for the week. 1874 in the
| Unted States. against 262 last year.
and % in Canada, against 10 last year.
Bradgtroets lis even mere sangu,ae.
Saying:
Industrial activity continues special
~ marked, p.aaslng feature this wsek
being the practical absence OF the UNI
rest -.t.o~-~rly IN the bu..lcng trades,
nog-I for many years &c as~0. May
!. W hle tayOilng recall d STR l-ut.on,
THE Spring Ike weather cOnlltlCrs.
however, have been the reverse OF
stimulating as regards quOtat ems on
1.-TWO oil the countrys great staples
wheat and cotton. In these ana i'm
LOG prcdVcts the tendency OF values
has loen coward a lower range. Cot
! ton has Weakened ON better rep0n,s as
20 Planting progress. and the marg n
OF profit On manufactured goods has
therefore, tempcIarily widencd. The
regular P-.nt c.Cth market Is steady
b and unchanged. but there is talk al
concessions ON outside makes. NsM
demand has been notably quiet i'm iron
and stee- this week, the most nOtab,t
feature being large sales of Southern
p gray forge iron at Pittsburg Trade 8.
= CT lighter volume az wholesale, bm'
} stiA ct satisfactory prupoutluns I'm Tn,
central West Crop oond ticns have im.
proved n. Ca'fClna. aLd gc-l yiald.
axe assured Recoul breaking shF.
nfnts OF iiCur 20 Asiatic markets al.
g lr5pous from Portland Gre where Do
IL rs as yet doing i'm wccl or hops
weather conditions have improved q
Ike south, though planting operation.
r lare stil backward, particularly IN
Louisiana. New Orleans reports re
d ceipts Of cotton. sugar and rice small
and that country merchants are takinl
leht stocks of Spring goods Quiete.
conditions are reported at most East5rl
Z markets. though some gain is notsd 81
d the distribution Of dry goods at New
= York. Baltimore's April BUSINESS ey
q ceeds that Of last year. and a cool Ia,
trade is predicted. At PiNsburg indus
trial affairs are very active. and a DE
q loide1lv cheerful tone Is noted. Rcztol
+ reports sales Of over 10000 bales q