Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1893-11-23

New York, Nov. 17.-R. q. Dun x Co
say i'll their review Of the weeks trade
that business is gaining, but there is
constant complaint that the improve
ment is very slow. This is because
there are very few reaiiZa lions IN the
heavy business which has to be done.
Legislative uncertainties weigh heavi-
~. THE encouragement during the past
week WAS in the fact that the No
yember payments were far more sat
isfactory than it was feared, and yet
the extensions Of the month would
seem alarming in other years.
Merchants who collect a part of the
amount due are rejoiced but their buy
ing power is not us large as usual
Extraordinary shrinkage in purchases
for consumption made it possible for
many firms to go on as before. The
true treasury cash has fallen to $97,-
3SS, $50, of which only $50, 400, S91 is
gold; but there was not such alarm as
when the gold reserve alone went be-
low S100,OOO,0O0.
Business is not leaning on the treas
ury and it is we'll that it is not. In
ports in October decreased about $40
100000 partly because of the intia ted
valuation Of goods imported last year.
The condition of the industries i'm
proves, but they wisely wait revival
OF purchases by consumers. Twenty
four works of all kinds have wholly
or i'll part resumed, against fourteen
closing. Yet less than half the iron
working power is active and out of
80 wooden works at the east only ten
are working full time, while 10 shut
down November L.
State factory inspectors report that
out of 10000 persons employed in the
textile mills in Philadelphia only IT,
800 are at work. In boots and shoes
there is also q decided improvement
in spite of the fact that orders are
smaller than usual and to the fact
THAT they are receiving orders, though
hot enough for full employment.
The decrease in the volume of bust
ness through the clearing house shows
up about the same as for the past
Week-1S.6 per cent.
The failures for the week have been
324 in the United States against 203
last year and 36 in Canada against 80
last year.
New York, Nov. 17.-Bradstreet to-
morrow will say: General trade is IL
regular without any actual increase in
volume. At the south an improvement
in demand is noted. The demand for
rails has been checked because of a
cut from $40 to 81 in price and an
outlook for further reduction.
Eastern cities are most hopeful, but
there is no improvement in demand
except within a day or two for cloth
ing, woolens and shoes. The net rail
way earnings for September and DC.
tOber reflect unfayOrable on trade
features with a decrease Of 8 and 10
per cent monthly as compared with
like periods last year. Not one group
of roads showed a gain in gross earn,
ings for September, while only one,
the Central Western, showed a gain in
net earnings.
There has been some demand in gen
eral trade at Chicago. Northwest deal
ers are still holding large stocks on
hand. Hardware in st. Louis is i'm
proving and there is more demand
for pig iron and steel. General trade
at Kansas City is unfavorabie, effected
by mild weather, except in hardware.
the demand for which has improved.
Omaha reports collections lower.
In spite of greater ease in money,
collections are not reported favorable
at Milwaukee and jobbers still exer-
else usual care in extending credit.
There is no material change at Min
neapolis, although safer feeling
among bankers is reported.