Democratic Sentinel, Volume 14, Number 12, Rensselaer, Jasper County, 11 April 1890 — THE STATE OF TRADE. [ARTICLE]

THE STATE OF TRADE.

Business In the South Affected by the Floods and Storms. New York dispatch: Eradsfcrcet’s“State of Trade savs: Another rise in tho Ohio andt Mississippi rivers continues to Keep large tracts of country under water and thus toobstruct trade. The disastrous-storm Thursday night, notably afi Louisville' and elsewhere in the central western states, can hardly fail to. intensify the unfavorable conditions-already existing. Exports of wheat continue to decline on the Pacific coast.. The total shipments of wheat, and 1 flour as wheat, from both coasts this- week, amount to 2,401.156 bushels, against 1,800,390 bushels last week. In. the corresponding week a year ago they were 1.741,944 bushels. The total frown July 1 to date is 79,693,779 bushels, against 67,922,250 bushels in the like-share of 1888 and 1889. The decreas® of available stocks of wheat east of tho Rockies was 1,031,000 bushels last week, against 800,000 bushels in the preceding week. There is no improvement in pig-iron aud only a slightly better domand for steel rails. The number of men involved in strikes and lockouts in the United States this year is slightly less than in the like quarter of 1889. Dry goods are fairly aetive with jobbers’ drives in cotton dress goods being the feature. Agents report trade moderate. Printcloths, prints and low-grade bleached and brown cottons are weak, the decline In prints being nearly h, per cent owing to larger stocks. The woolen goods de* mand, especially for men’s wear, 13 rather quiet, while prices are steady. Low and medium grades of wool are firmer but not in better domand. Tho manufacturing outlook is not encouraging. The business failures reported number 189 in the United States, against 200 last week and 161 for tho same week last year. The total nutnbor of failures in the United States since Jan. 1 is 3,358, •gainst 3.546 In 1889.