Barre evening telegram. (Barre, Vt.) 1898-19??, 1900-03-31
The FAILURES
They Exceed In the Amount OF Liza.
bilities $93,OOO,OOO.
LARGER THAN LAST YEARS..
The Wheat Exports Fall Far Below
Those of the same Period In
f, $500, ind Various Mar
f. kets Decline.

New York, March Sir. G. Dun u
Co.'S weekly review of trade says:
During the first quarter OF l9oo all
failures of the kinds formerly included
in these records, and in other records yet
included, have exceeded in amount OF
Liabilities SOB, 100000. With steam rail-
roads evidently street roads like the
Third Avenue must be separately report
ed, and with banks and other financial
corporations should be separately report
ed industrial companies like the United
States Flour Milling company, which
controls many distinct works. The bank
ing failures were 49, with $S51 49, la
bilities. A receiver was appointed for
the Appleton publishing house, not to
wind up bankrupt business, but to give
it larger life and value. But, setting
apart these, the commercial failures re-
naming were much larger than last year,
liabilities amounting TO about $34,3S5,-
3OS, according to reports thus far receiv-
ed. The complete statement will be given
next week.
The New York reports included only
about 100000 gain in cotton, whereas
cotton exports from other points Indicate
gain of nearly $14,OOO,00O in value.
With such gains the March exports may
prove the largest in the history of the
country, as the maximum hitherto was
but about $33,O00.000 greater than the
exports of March last year. But should
the month thus add GO,OO0,OOO to the
excess of merchandise exports over inn
ports the balance due this country after
all possible allowances will be heavy.
3 Wheat exports fall far below last
years, amounting in four weeks to ., 1885,
S91 bushels against 14,1O5,SS6 last year.
The price has advanced three-quarters
of a cent with statements that the crop
of France is greatly reduced, though it
is rather early to make any such esti-
mate. The exports of corn again prove
the magnitude of foreign demand for ce-
reals, as the extraordinary movement Of
last year is closely approached. ii, 194,-
$40 bushels having gone abroad in foir
weeks against 13,l02,Sl1 last year. The
western receipts are nearly three times
as large as in the same week last year,
indicating an abundant supply on hand,
but the price has risen | cent.
4 Decline In Cotton.
Cotton has declined one-quarter cent
this week, but supplies are so small and
easily controlled that the future cannot
we'll be predicted. Foreign needs to con
tinuc consumption until the end of the
crop year are not now large. but must be
supplied from the decreasing stocks here.
The demand for cotton goods is fair for
Immediate needs, but the tone is weaker
for future deliveries, and some resales
by spectators and converters have been
made at concessions. The export de-
mand for heavy brown goods is slow, and
print cloths have been held at Fall River
for several weeks without Il sale. Wool
has declined fully | cent on the average
of revised quotations and more for fleece
and fine or fine medium territory, which
sells Mt IS cents clean. with medium
clothing at 80 cents. The goods market
is quiet, and orders are limited, and. out
side the favortes prices are Irregular,
with j per cent decline in some medium
woolens and fine worsteds.
Iron is growing weaker except in bes-
semer pig, which is held at $2490 at
pttsburg i'll spite of small sales of east
ern at lower figures. Anthracite No. l
has sold little above $23 and basic at
5000. with eastern forge offered at
5000 at pittsburg. In finished prod
ucts no further change appears except in
refined bars, which sell in large orders
close 10 cents at Philadelphia, and in
plates which are selling at . cents or less
at both markets. Better prices are eX-
pected from the consolidation in sheets.
But it will not be easy nor in the end
profitable to hold prices after supplies so
far exceed the demand that material can
be bought ut lower cost. Tin declined
below 81 cents. but nominally recovered
to BIZ though April deliveries are quot
ed at 30M cents. Copper is very strong
at 1GN cents.
Failures for the week have been 2O3
in the United States against 1914 last
year and 33 in Canada against 26 last
year