Democratic Sentinel, Volume 14, Number 1, Rensselaer, Jasper County, 24 January 1890 — THE STATE OF TRADE. [ARTICLE]

THE STATE OF TRADE.

La Grippe and Unseasonable Weather Have a Depressing Effect. New York dispatch: Bradstreet’s “State of Trade” says: Special telegrams report an irregular movement of general merchandise. The unseasonable weather made itself felt most of the week and the epidemic of influenza has an appreciable effect at larger eastern cities. There is no noteworthy improvement in the distribution of staples at Burlington, Iowa; Kansas City, Detroit, Cincinnati and Pittsburg, but the demand has been stimulated by colder weather at St. Joseph, Omaha, Chicago, and St. Paul. Reports of stocks of Indian corn at forty-seven storage points east Of the Rocky mountains on Jan. 11 aggregate 15,623,892 bushels, only 156,492 bushels more than were held Dec. 28; oats, 8,781,052 bushels, a decrease of 920,227 bushels since Dec. 28; barley, 3,339,560 bushels, an increase of 459,733 bushels within a fortnight, and rye, 1,737,182 bushels, an increase of 37,666 bushels. Official reports (twenty-one storage points) indicate an increase of 2,733,794 bushels of corn a decrease of 217.734 bushels of oats, and a decrease of 142.522 bushels of barley over the like period. Exports of wheat (and flour as wheat), both coasts, this week aggregate 1,731,896 bushels, against 2,317,221 bushels last week and 1,301,640 bushels in the second week of January, 1889. Moderate activity only is reported by cotton goods agents at New York and Boston. Seasonable goods are dull, owing to unfavorable weather. Iron and steel are without change of price. The demand is large. Makers of southern pig refuse to allow concessions. The production of crude is of full volume, 8,000 tons per week larger then on Dec. 1. The business failures reported number 355 in the United States this week against 354 last week, and 328 this week last year. The total failures in the United States Jan. 1 to date is 1,018, against 981 in 1889.