Democratic Sentinel, Volume 14, Number 7, Rensselaer, Jasper County, 7 March 1890 — THE BUSINESS OUTLOOK. [ARTICLE]

THE BUSINESS OUTLOOK.

GENERALLY FAVORABLE CONDITIONS OF TRADE REPORTED. Western Point* Show a Moderate Improvement—Rail way Earning* for the First Month of 1800 Largely Increased —Business Fa'lures on the Decrease. Compared with Last Year. New York dispatch: Bradstroet’s “State of Trade” says: Special telegrams report a moderate improvement in the state of general trade at several points, notably at San Francisco,Kansas City, Omaha, Cincinnati, Chicago, Boston, and Philadelphia. This is noticeable in the movement of groceries, dry goods, drugs, boots and shoos and building materials, and in an improved inquiry in Eastern iron circles. Hog products at the East are quiet and prices barely steady. The decline in the demand for silver from India resulted in a decrease of 3 cents per ounce in the bullion price of that metal during the week. The January gross earnings of 140 railroad companies reported aggregate P 33,190,482. with a total mileage of 81,003, against $38,193,516 and a mileage of 78,975 in January last year, a gain in earnings of nearly 13.7 per cent, and in mileage of 2.5 per cent. Available stocks of wheat east of the Rocky mountains Feb. Bas wired aggregated 47,513,000 bushels, a decrease of 3,177,000 bushels for the week. Indian corn stocks were about 1,000,000 bushels heavier than on Feb. 1. Exports of wheat (and flour as wheat), both coasts, this week as reported, equal 1,517,775 bushels, against 2,214,917 bushels la;st week and 1,270,783 bushels in the like week of 1889. The total quantity of Bessemer steel rails made in the United States by mills producing their own ingots in 1889 is officially reported at 1,644,234 net tons, 102,146 tons in excess Of 1888. Business failures roported arc decreasing each week, amounting to 213 in the United States for the week, against 259 the previous week, and 311 the corresponding week last year. The total number of failures in the United States since Jan. 1 is 2,100, as against 2,182 in 1889.