The Providence news. (Providence [R.I.]) 1891-1906, 1893-11-13
Positive and Marked EYldsncs Of
Real improvement
BRADSqREEq'S WELCOME STORY.
steel and Iron Trade strenzthe Ming
work In shoe and Foot Factories Be
Ing Resumed Cotton Mills uunning
ON Full Time Conditions Favorable.

NEW York. Nov is-Br,d ,dstreet's of
Saturday sGys: Several positive and sig
niRcant eviderc,s Of actual improvement
in industrial lines are fonnd in kilograms
to Bradstreet's. more particularly the an
ncuncement that makers cf rails mt Pitts
burg, refuse to quote for 1894 delivery at
the cut in price published three days ago.
thus Initiating the growth OF a demand to
meet future reGu ronents and corre-
spending strength .ning OF the position Of
manufec. urers.
Chicago dealers in steel aud iron report
also n tendency OH ttc part OF the con-
sumers to anticipate wants. together with
their own refusal to qnote for re rt Jesr's
delivery, AMI st. Louis iron merchants
predict an advance in the price of steel
billets, which, with b.ssemer pig iron and
steel rails. have been shaded in quotations
this week.
In addition, the boot and sho, industry
in New England and at several points in
the west has resumed work on full time,
as have many New England cotton mills.
Among eastern manufacturers and job
bers Of clothing, business remains do
pressed and prices are being reduced In
some instances, while west, notably at st.
Louis the reverse Is true and an early
Advance In Price Is Anticipated.
T%sinterruption incident to an election
naturally ha some fleet Oh the volume
OF trade in many states, the volume OF
bank clearlngs running down 10 or IL per
cent rs compared with last week, and 20
per cent,as compared with the Ike week
last year.
A feeling that business conditions have
improved 1, reported from Boston, al
though the volume has not increased
There Is an improvement in demand for
shoes reflected ia the leather market, hut
the wool and wcolen business remains de-
pressed as reported. awaiting the outcome
of impending tariff changes Gross earn
ings of representative railways during
October, specially reported to Bradstreet's
aggregate $50. 100000 a decrease OF about Q
per cent from last years October total.
Aggregate earnings for 10 months show an
increase OF about Ia per cent compared
with 10 months OF 1892 Increase In gross
earnings during October are reported by
the granger and trunk lines and eastern
railroads, In almo,t all instances due
largely to Worlds fair passenger traffic
during the nine months of the calendar
year declined moderately, az expected. The
reduction in total value Of goods imported
was due chiefly to decreases in lilies, rub
ber, silk. tea. glass, iron, jewelry and
woolens. There were large decreases in
values of exports of cattle, bresdstuffs,
provisions, cotton, copper and naval
stores. Available wheat stecks on Nov. 4
amorn ted fo Qs fOO Ol0 by,shsls
Tho Heaviest on Record
at like date, the total year ago having
been %, 173,UOU bushels Exports from
both coasts this week (hour included)
amount to only 2ei3.oO0 bushels. One
year ago the total was 8, s,sS50o0 bushels
There were 500 business failures in the
United States within six business days,
compared with 1888 in the week year ago.
In the province Of Ontario general trade
is quiet, largely on account Of the mild and
unreasonable weather In the province of
Quebec sorting orders for dry goods are
reported TO show improvement, but here
also is found en unravorablc effect of con-
tinued mll wsether.
Makers of cotton goods report orders
plentiful, but the depression in the United
States is bcius felt in the dominion more
than ever.
Tue uussasonabie wsnther Is feature in
Nova Scotia. wherc it has delayed trade in
dry goods aad clothing. Bank clearings
at Hamilton, Toronto, Montreal and Hall
fax, aggregate SCI, l,559,O00 this week, only
D. per cent more than in the like week last
year Twenty y-eight failures are reported
from Canada this week, compared with IA
in the week year ago.