The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1886-07-05
GOOD TIMES COMING.
EHE CONDITION or RUsINEss
Az Viewed through h. q, pun s Co.'s Conn
mercial Agency-A Prosperous Autumn
Tads-Ths Crops OF the North.
west : The Wheat Yield,

MessFs, X, q, Dun d Co., report the
failures in the United States for the first
half Of 1885 as 8, 1855 in number with liabil'
tiles Of $50, $4,000, against 0OO4 with liza
biIities Of s74,722,OOO Tor the first half OIL
1885. Commenting on this comparative
record and the business outlook they say
The very marked decrease in failures in
dicatsa that the trade Of the country Is in
state Of surprising prosperity, when We
consider the strain which the commercial
body polite has been called upon to under
60 from the loss OF confidence incident to
the widely extended labor troubles Of the
last few months,
Following Q season OF depression and
absence Of profit, the adverse conditions
encountered during the half year might
have resulted most disastrously, but fort.
unately there was q condition OF prepared,
ness for even an almost total cessation OF
business In large areas ol country, and the
hRliy has closed with disasters far less
serious, and far less numerous than might
have been anticipated, In some respects
the six months under review have been
fruitful oil good results. The conflict be.
tween labor and capital, which seemed at
all times impending, and which, 1t was
teared, would In the end result ruinously
Tor both interests, has been, In measure,
decided, The result Is, that serious
doubt has been weighed and measured,
and the extent OF an evil heretofore un.
known, pretty well ascertained. The ex'
tensiye labor organizations, and the sup.
posed large revenues which would sustain
strikes, and resistance generally, 10 the
ordinary laws OF trade, are not 80 seriously
estimated now as they were ak months
ago. There Is therefore greater dlsposi-
ton TO extend business operations. in the
full knowledge Of the last six months than
at any time for some years past.
A SENSE OF RELIEF.
There Is sense OF relief In the minds Of
merchants, bankers, and capitalists, aris.
ing more or less out Of the events OF the
past six months, in the belief that the
worst could be expected from the unfavor.
able conditions has occurred, and, futher,
that for the future there Ia q much better
and clearer prospect for the commerce OF
the country. The miracle is that under
Guch q strain mercantile disasters so few
and insignificant have occurred. II shows
how solid are the foundations Of the busi-
ness fabric, that shocks so severe could be
borne with so little damage. II Is true
that the profits realized have been very
slight in many parts Of the country, and
that, notwithstanding an extremely favor
able opening OF the season and a steady
increase in the volume Of business In the
past few weeks, the results Of the first six
months Of the year In the shape Of returns
are not at all satisfactory. For the re-
mainder Of the year, however, the pros
pect Is more than usually good. There
seem to be fewer disturbing elements
than ever before, confidence is almost
universally restored, the promise Of an
harvest is we'll assured, and the
autumn season is now look forward TO as
likely to yield very liberal returns in trade
and banking circles.
,,nn-nn ,n,r,n,.uvn a., AZ, ,,,,,,