The sun., 1900-03-31
QUARTER FAILURES.
They Exceed In the Amount Of Liza
bilities $93,OO0,OO0.
LARGER THAN LAST YEARS.
The Wheat Exports Fall Far Below
Those of the Same Period In
1890, and Various Mar
' 49, ....4-
kets Decline. iass1aa...

New York, March 30.-R. G.. Dun &c
Co.'s weekly review of trade says:
During the first quarter of 1900 all
failures of the kinds formerly included
in these records, and in other records yet
included, have exceeded in amount Of
liabilities $93,000,0O0. 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 Flosr Milling company, which
controls namy distinct works. The bank
ing failures were IS, with 1857 ,4S2 lia-
bilitiss. A receiver was appointed fer
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-
maiains were much larger than last year,
| liabilities amounting to about $34 1856,
30S, according to reports thus far receiv-
ed. The complete statement will be given
next week.
| The New York reports included Only
| about 81, ,00o, 900 gain in cotton, whereas
cotton exports from other points Indicate
a gain of nearly $14,000,0o0 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, 100000 greater than the
exports of March last year But should
the month thus add $60,000,000 to the
| excess of merchandise exports over inn
ports the balance due this country after
| all possible allowances will be heavy.
| faIl haI las
years, amounting in four weeks to 9,766,-
891 bushels against IA, ,105, 1856 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
reals, as the extraordinary movement of
last year is closely approached, 11,T94,-
S75 bushels having gone abrosd in four
weeks against 13,102,S11 last year. The
western receipts are nearly three times
as large as in the same week last year,
indicating an abundant supply oA hana,
but the price has riseA cent.
a pecline In Csttsn.
Csttsn has declined sRe-suaftAr cent
this week. but supplies are So snail and
easily csatrolled that the future caaaot
well be predicted. ForeiER needs to Goa
tinue 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 Mt concessions. The export de-
mand for heavy brown goods is slow, and
print cloths have been held at Fall River
for several weeks without sale Wool
has declined fully 1 cent on the average
| of revised quotations and more for fleece
and fine or fine medium territory, which
sells at 55 cents clean, with medium
clothing at 80 cents. The goods market
is quiet, and orders are limited, and, out
side the favorites, prices are irregular,
with 5 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
pittsburg in spite of small sales of east
ern at lower figures. Anthracite No. /
has sold little above $23 and basic at
| $22.50, with eastern forge offered at
| $20.50 at Pittsburg. In finished prod
ucts no further change appears except in
refined bars, which sell in large orders
close to 2 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 at lower cost. Tin declined
below 81 cents, but nominally recovered
to BIZ, though April deliveries are quot
ed at BOZ cents. Copper is very strong
at 16M cents.
Failures for the week have been 203
in the United States against 1874 last
year and 33 in Canada against 26 last
year.