The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-12-30
BRADsTREET's WEEKLY REVIEW.
Holiday Trade Disnppointingly Low
ThrnuChf the COunfry.


NEW YORK. Dec. 29-Bradstreet's to-
morrow, Dec. So will say: An absolute de-
cline in the volume of general trade tits
week, the week i'm the year in which dull
ness in wholesale circles is most conspicu-
Gus, merely emphasizes conditions previous
ly reported. Stock taking calls for consid-
cradle attention on the part OF many who
might otherwise be on the road. With few
exceptions holiday trade has been disap-
pointing Restriction Of production in in
dustrfal lines continues severe as hereto
fore noted, the tendency being TO add 70
rather than subtract from the total num-
Der Of wage earners in enforced idleness
throughout the country. In the more I'M
portant lines of manufacture of textiles
and metals restrictions OF output within tho
past six months have ranged from - 10 ~
per cent. the larger share of which is still
maintained. Augusta, Ga, cotton mills,
fully employed during the year, have re-
Gently declared about 100000 in dividends.
Exports OF wheat. and -four as wheat, from
both coasts of the United states and Can
ada amount TO 100000 bushels this week. q
total of one-quarter less than in the week
before, and one-third smaller than IN tbs
closing week year ago ana TWO years ago.
While trade Is dull at New Orleans, the
outlook is for earlier Improvement than
anticipated, and sugar men rejoice at the
prospect OF receipts OF 10000 barrels.
tynsea sonably mild weather leads 10 fur
Their depression at Galveston and other
Texas points.
land duh as heretofore, which IL
true at Cincinnati. Business is fair at De-
troit except where sales are checked by
mild weather. but the reverse IS true az
Indianapolis, where no activity is expected
until after Jan. 10. Dizziness prevails az
Louisville AT Chicago there is a further
falling off in volume in most all lines, tn6
reduction for the year being about Is per
cent. In dry goods the falling off Is 10 per
cent, due to shrfnkage in values; in cloth
ing, 20 per cent; Jewelry and machinery, -
per cent and shoes. u per cent Gains in
the early part OF the year are more than
offset in the latter portion, losses from bad
debts cutting a considerable figure. Mil
waukee tobbers continue TO buy for wants
only, and near a cash basis as pos
sible St Louis maintains relatively better
trade, although reduced in volume than at
some other commercial centers. Little Is
doing at Kansas City, invoicing being the
order OF the day. At Omaha the transact
tions are smaller than in the preceding
week AT Minneapolis and st. Paul busi-
ness remains very quiet san Francisco re-
ports the volume OF trade for the year far
below 1892 but at Portland. Ore. business
Is slowly reviving. with collections easy.
General trade throughout the Dominion -
at the customary low ebb, and not many
travellers are the road.
There are l,7Sl business failures reported
from the Dominion and Newfoundland in
1893. compared with 1.GS2 in lSy2. with liabil-
tiles amounting TO $i5. $4,000. about 80 per
cent. more than in the year before. and
assets 81, $4,000, n prnpOrtionate increase,
compared with the year before.