Democratic Sentinel, Volume 14, Number 4, Rensselaer, Jasper County, 14 February 1890 — STATE OF TRADE. [ARTICLE]

STATE OF TRADE.

Reports Indicate a Slight Check for the First Month of 1890. New York dispatch: Bradstreet’s confirms t he previously reported indications of an nnexpecied check to general trade in January as compared with -1880. California reports show a decreased wheat acreage and adverse wheat conditions with reference to the next. crop. General trade on the Pacific coast has been restricted by eleven weeks of rain and sixty days of snow blockade of the Central Pacific railroad. Western steel-rail mills have advanced prices SI per ton, but report no sales at the advance. Available stocks.of wheat in the United States and Canada, east of the Rockies, aggregate 52,301,312 bushels on Jan. 26, a decrease on the week of 609,408 bushels. The like corn stocks were 18,430,631 bushels, a gain of 147,296 bushels. The light movement in sugar is accompanied by a slight weakening in the prices of raw. A full production with the modified demand for refined at New York resulted in a decline of X cent. Coffee in jobbing and distributing lines has moved less freely and prices, notably for Brazilian, are off per cent. Dry goods have been quiet. Cotton goods prices rm without an advancing tendency, owing to the higher cost of raw materials. Woolens are quiet and clothing dull, with prices tending lower, notably on territory, California and Texas wools. Business failures are declining in number, amounting to 286 in the United States for the week, against 324 the previous week and 331 during the corresponding week year. Canada had 50 during the week, against 59 the previous week. The total of failures in the United States for the month of January is 1,628, against 1,606 in 1889.