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Show Chicago reports a third increase in receipts of corn and cheese compared com-pared with last year, and 50 per cent, increase in sales of dry goods, with very fair .trade in shoes, but a decrease in meats. At the South trade is seasonably dull, with cotton in light demand at New Orleans, and sugar inactive. The iron furnaces in blast May 1 were of about 2,000 tons grearter weekly capacity than April 1, 115, 590 tons against 113483 a month ago, and 180,099 a year ago. But the trade is lesi depressed, and the long delay in settlement of the coke strike tends to strengthen prices. In general, industries are fairly active, act-ive, except where interrupted by strikes in the building trades, as at New York. The unancial prospect just now turns largely upon the export ex-port of gold, of which $3, 840, 000 have gone out this week already from the Assay office, and shipments to-day are expected to raise the aggregate ag-gregate to $6,000,000 or more. Merchandise exports are for the time comparatively small, 112,740, 000 in fwo weeks from New York, against $15, 639,000 last year, while imports coutinue remarkably large. The business failures occurring! throughout the country during the last seven days, as reported to R. G. Dunn & Co., The Mercantile Agency, by telegraph, number, for the United Stales, 212, and for Canada, 25, or a total pi 237, as compared with a total of 242 last week, and 255 the week previous to the last. For the corresponding week of last year the figures were 212 representing 191 failures in the United States, and 11 in the Dominion Domin-ion of Canada. KG. Dunn &Co. i REVIEW OF TRADE. New York, Saturday, May, 16 lisfi. In every respect, the outlook is more favorable, excepting the largd exports of gold and the cdvance in Hank of England rates to 5 per cent., obviously for the purpose of drawing more gold from this country. South America finances are for the moment less disturbing. Panics In Portugal and Trance do not greatly affect this country, except ai they affect tht London money market, But German demand for gold hat not abated, nor English, and shipments this week seem likely to be not far from last weeks in amount. 'Ihe Treasury balance in gold is maternally materna-lly reduced, and yet it ii larger than it was in 1885, when no disturbance followed. The receipts for customs cus-toms dui-ies at Nw York are largely large-ly in silver certificates and , new Treasury notes, no less than 94 per cent, for the first ten days of May, , but it is proper to remember that the new Treasury notes, being redeemable re-deemable "in gold or silver coin" 1 with a provision of the law empowering empower-ing the Secretary to rraintain the puijty of gold and silver paper and 1 coin, are in practice redeemable in gold and In value equal to greenbacks. green-backs. ' It Is a most favorble sympton that the continued exports of gold cause no panic in this market. The streets counts largely upon heavy exports of products in the near future, reckoning that Europe is short of breadstuff and ready to buy cotton indefinitely at present low prices. It is a significant fact that the exports in April were about double last year's in value ' ai to cotton, and showed an increase in oil and provisions, but a decrease in cattle and in breadstuffs. Yet in breadstuffs the decreasedwas wholly in corn, and the surplus of wheat available for exports was, May 1, about 39, poo, 000 bushels. Tht exports of wheat from Atlantic ports have been much smaller than a year ago until last week, when an increase of 10 per cent appears. In corn the decreas is heavy, of course. The speculative markats have acted peculiarly during the past week, wheat advancing 4 cents per bushel on reports not substantiated of injury to the crop in the Northwest, North-west, while corn has decline 1 3 cents and pats a cents on moderate sales. Pork, lard and hogs are also lower, and a heavy decline appears in butter. Cotton, coffee and oil are unchanged, and this is the more rtmarkable as to cotton, because much the largest crop over produced much the largest crop over produced is going to market more rapidly than ever before at this season. The foreign manufactures appear to be Uying in a large stock, because pricrs are close to the lowest known for forty years, while the consumption consump-tion abroad is enormous, and thera are some signs that the production of goods exceeds the dem?nd. Reports from other cities show a moderate distribution at Boston, with easy money, boots and shoes are quiet, with more encouraging advices ai to future trade, but wool is dull, sales being only 1,996,200 bs., and goods not in greater demand. de-mand. Lumber is more active, and expected to rise unless strikes prevent. At Philadelphia combing wool it in fair demand aad knit goods work full of orders, but the dry goods trade it limited, and ehemica's unchanged. Wool is irregular ir-regular and dry goods dull at Hartford, Hart-ford, but hardware fair. Bessemer iron is a little more active at steady pricei at Pittsburgh, and glass fairly ctiye. Trade is only fair at Cleveland Cleve-land and Detroit, helped by activity in building at Cincinnati, good at Omaha, and healthy at Kansas City, but at Milwaukee and St. Paul the need of rain for crops is fel. |