Telegram-herald., 1890-12-21
TRADE Is GOOD.
But Basiness Men Are Not Over
Confident Of the Future.
Slow Collections. Frequent Failures
Gnd Uncertainty Regarding None
tarY Legislation the Cause.
MrRonANIs - nrnIors-

MEBCHANTs ARR DUBIOUS.
NEw YORK. Dec. 90 r. g. Dun 8
Co 's weekly review Of trade-says Bus
ness continues large for the season, but
there Is Percepubly Jess confidence
The causes appear 20 be first, pros
pect of important monetary legislation.
the effects % which are not cloaTlY
foreseen; second. frequent failures
and greater difficulties IN making col
lections and third less satisfactory
conditions ia some large branches 81
industry. Probably more people are
affected as 10 business undertakings
often unconsciouslv. by uncertainty
about financial legislation and SIS
effects, than by any other cause.
Though the rate for money on
call is lower than = week ago. and
money is easier az Boston aid Philadel-
phiR. there is still stringency at most
points throughout the country. Com
plaints of slow collections have rarely
been more general and in many
Eases settlement can Toe MADE only
with notes or renewals But N
all quarters there is ROPE that
after january things nav improve in
this respect II legislative prospects a.
not meanwhile cause greater shrinkaFe
Of credits and curtsilment Of purchase.
Foreign influences are not now disturb
ing Trade al the South II fair a. most
points. Money IL close al ali points.
banks helping customers as far a. thcr
can. but collections are not up 90 81
average.
Across the Mississippi 81 Louis has
colder weather. favoring al lines %
trade. but at Ksusas Citr the holiday
trade is below the average, At Denver
the trade is only fair, at salt Lake inn
proving some, az Omaha fair. at Min
nespolis steady for lumber and inProv-
ing in prices for -four. and at 50 Pau
confidence j. returning. Collector
IN this region are at most points
fair. At Chicago sales 81 merchan-
disc exceed last years, money is
firm but regular business supplied and
there il confidence in the immediate TO
ture. At Milwaukee ard Detroit trade
is good. ~ Cleveland fair. and al Cinciu-
natl quiet in wholesale lines
Pittsburgh reports more confidence.
AtaET ~ HtrAtal ~ AHfFA tIfA b4tfA HA
glass slower and bessemer blooms
lower; banks are less apprehensive hut
cautious Confidence improves 80 bos-
ton and sales n merchandise are good
Though money is easier 81 Philaoel-
phis. the noteworthy feature is tbe gen
cral difhculty 81 collections. especially
m iron paints liis fewclrv snd glass.
The dry ropds trade feels thc iufu
cncc - recent failures and ~ strln.
gcncY IN commercial loans
IN the speculative markets Tho ten
dency has been generally down
ward. though wheat IL ~. ccnts
higher than week ago in
spite 81 Yhcnonyra iv small es-
ports and sccun iatng stocks Corn
T. - ceuts ioNer. pork ~ ocnfs
pcr barrel hoFt - cents per 500
pounds. and Oh fraction low ef Cot
ton and coffee are unchanged FOR she
vrocf but n is notevsrthT that ths
speculative markets are ali hcsrafinc.
in the feeling Nsat monsfary Legislation
nav infe fniiely alter ilss situation
The business failures occurring
throughout ths country during tl,s lsst
seven DAYS number so4. a. against 80
last week. For iile correspond ing ~ees
of lasf year the errrs verr 2sa
PnovruFrrf s Dsc 20 The ss
sfrnees ~ n-rns flfps uhose suspeu-
son s-as sunof.ncea THURSDAY have nm
ret rn8de putlie any statement ~
TIE firm affairs From suthertic
sources r. is learned fhst the liabilities
f - the sssi9uiBg psrtits ~rii foot up 81
s pl0 $50 1hr zssefs srs unknown srd
i will depend largely uPss 10 ssi. ~ t,s
/ St lrols mills
Essr TawtR Eich pse - -Tt.
= p erfrusrk a Cos Rsnk h~rt hss
r. sos an assignment This usoTsu.rf hss
l hssH expected fer ssTsrs dsTs slthcnFt
/ Nr sehrr.ek - first ss3d 80 -guld
! rot sahm if g. . susT'ensivn 'Tb. affair."
I of tas inftituf ~ srs nov n fbs hsnas
/ ~ Haffinr 4 = keshitt. - 1svss CITY "a
"a irpossa sie Fsi - stsss hsv frs,t ths
/ lstafles are
CH1raeo nsf a w = Bads hss
beer sppoistsd tT Juags Tui.- - ~
ss rsssivsr ~ ths business - Brsfe'n
/ rush a. Engis-eos r.si --stsfa
I rzisu spS contrs1to~ The sssets -
f "a sherf - fss fist ities ~fief nfe
ssfs - - us.~}s Tssf e9f nustis.e
ho~s~sr asels~ss fs.ss his creditors
~ rsosi-s fbeir 1pes = "a
fsfltrs-r - 7rsfss 10 C~l.-sa..
rv.BTrrfr Col Do. e. "A ee.
/ Fsf-s e.een-rsf ~ ra-T rr So CoI.-
/ rss- sssrs fri1af -so~rtnf go ssff.
l.eura ras-ssgsr frsin ruuninf nte