The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-12-13

NEW YORK. Dec. S.-R. G. Dun e
Co.'S weekly review Of trade will say:
Trade of all kinds is waiting. There
is no visible Improvement, and on the
whole. the indications are a little less
satisfactory than they We're week ago.
The volume of business, measured by
clearing house returns outside New
York, shows a decrease Of only u per
cent compared with last year which is
encouraging, but as the statement COW
ers the payments for the first Of the
month 1t may not correctly measure
the volume Of new transactions. The
reports from other cities show a hesitSt-
ing trade almost everywhere, with de-
cided disposition to wait until congress
has acted on the tariff question. Hence
the days Of uncertainty are likely to
last for some weeks.
Wheat has risen shade, the western
receipts were only 3,577,2Sl bushels
against 6.6s4.1SO for the same week last
year, while the exports from Atlantic
ports We're only 427.4s4 bushels against
1921. 400 for the same week last year.
The receipts Of corn were unusually
large. amounting TO 3.227..77l bushels
eA5eAAAAoA -fhOpfah LOT the Same week ldHL
year and the exports were 6S9,066
bushels against s27 500 last year The
movement of cotton was not encourage
ing 10 holders. and appearances indi-
cate a larger supply on plantations than
had been expected. The price declined
an eighth with strong evidence that the
continuing heavy receipts are wearying
to holders. The cotton manufacturer
does better than other branches at pres
ent, and yet it has not a very healthy
appearance. The demand is not strong
and prices Of goods are barely MAIN
tanned. In wooden goods, the sense OF
disappointment is very clear and there
seems no reason to expect any decided
recovery until congress has acted on the
tariff question
Several works have stopped produc-
ton during the past week, and others
are running only to fill orders which
will soon he exhausted. No quotable
change is noted in prices, but sales OF
wool for the week have been only 3.T47-
500 pounds. aginst Ass, 500 for the cor
responding week last year. The de-
mand for speculative purposes continues
and large portion Of the sales are OF
that character. In the iron and steel
manufacture there are symptoms of i'm
prOvement. The eastern markets are
waiting. There is a feeling that the
new steel rail combine will result in a
decided decreased demand for rails and
also for pig iron, and at Philadelphia
and Pittsburg no Improvement in price
Is seen. Copper is somewhat stronger,
with 101zc bid and the evidences of a
combination of producers accumulate.
Lead has remained unchanged in price.
and in tin prices have been almost sta
tionary.
1.-The failures for the week number 3Ss
in the United States against 271 for the
corresponding week last year. and forty
two in Canada against thirty-siX last
year. For the previous week the number
Of failures was only 3l9. A classified
statement Of liabilities OF firms failing
during the last two weeks of November
shows a remarkable decrease in the ag-
gregate and also in the amount in each
section Of the country, the December be-
ing about a third I'm manufacturing con-
Germs and about 40 per cent. in liabili-
ties of trading firms. Manufacturing
liabilities were s1,675,0 OPT against S2.424.-
$50 the previous week and trading liabil-
tiles $1,20S.449 against 2.0S2, $50"
Bradstreets Report.
Bradstreets tomorrow will say:
ITO those who looked for improving
volumes of sales in staple, commercial
or manufacturing lines the week is dis
appointing. Impending radical tariff
changes, which it is proposed TO put in
operation within three months, while i'm
porters and others have on hand, owing
to prolonged trade depression, relative
large stocks Of foreign goods. tend TO
further depression. Wooden and iron in
dustries have lost the signs of reviving
strength visible two weeks ago and are
practically without animation at bot
tom prices. Lumber industries are dull.
Existing heavy wheat stocks in the
United States are due TO beginning the
season with unprecedently large supplies,
not to recent receipts. Cotton is lower
on large supplies and large crop guesses.
"All larger eastern cities report dull
trade as all industrial centers report an
almost unexampled number idle and suf-
fering. At the West a few cities, notably
Louisville, st. Louis and. Kansas City,
report an improvement in business, the
contrast between the last named and
Chicago where some iObbers have been
carving customers since last spring be-
ing marked. At the South. Texas cities
west and Augusta east, report relatively
the best trade"
Bradstreet's clearing table: New
York, S6O5, $40, 096, a decrease of 2S5:
cities including New York. S5l2 5S5 40,
a decrease Of 146; Indianapolis. 81 44S1s
a decrease of II.