The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1893-10-14
TRADE QUITO OK.
Signs Of Business improvements Arc
Difficult to Detect
Trade OrsierssTn6s9 small ,tSslksepssvorAi
Forces Employed Stock Markets
Are Weak-necOrd Of Fall
ufeS In SIX Months.
THE BUSINESS OUTLOOK.

New YORK, Oct. 9-R G.. Dun e
CO. s weekly review of trade says:
It is difficult TO detect any signs OF improve.
ment While there has been some addition to
the number of manufacturing establishments
and the number OF hands At work during the
last week. It - becoming painfully clear that
the orders Obtained do not Suf1lce to keep en-
ployed at full time even the limited force at
present engaged. The business transacted is
still far below that Of last year in volume iii
railroad earnings the decrease being 106 per
cent in spite OF large worlds fair business, and
in payments through the principal -clearing
houses outside Network the decrease is rs per
cent
Reports from other cities disclose Q distinct
check in business. There is on the whole less
activity and less confidence regarding the fu
ture than there was week ago. While the
volume OF all kinds of money in circulation has
increased 81, 377.2F during the month OF Sep
temGer, and is now greater by almost el0 COO :
OO0 than 1t was last year, the embarrassment Is
now, as it has been all the time, due to q lack
of confidence rather than to a lack Of currency.
Industrial Improvement Slow.
There is not such encouragement as might be
desired in the Industrial reports for the week
In almost every department orders are found
fully employed Many concerns are work
ing short time, while the general re-
duction in wages also affects the pur-
chasing power of the millions who still have
work. An increased number of establishments
is reported in operation but the sagging OF
prices in print cloths aud some other cotton
goods, and in the most important products Of
iron and steel, discloses greatly discarded bust
ness
Demand for Products.
The demand for iron products is on the
whole less satisfactory than it was week ago.
Steel bilets are selling at Pittsburgh for ST; si
per ton and there ,is practically 40 demand
for rails n 1sianutacIafes Ct G. wool there is
sun rehelarkable hesitation and the demand
~. consumption is much restricted. so that
the purchases Of wool at the principal marke is,
Notwithstanding some speculative buying, have
been only 2,626, 900 pounds, against 6272, 400 for
the same week last year.
The Stock Market.
The markets for stocks and products have
been comparatively dull. In stocks prices
have gradually yielded, although but little,
and are now but a small fraction lower than a
week ago. The trading has not been large, ex-
cepting the Industrial stocks, and few of these
have been active except in dealings between
few traders.
In the Cities.
At the west rather more activity is reported
at several cities, notably Chicago, st. Louis,
Cleveland, Duluth, ST Paul and Kansas City.
Lumber is generally higher in price The de-
mand for cattle and hogs has also improved.
From the east reports are less favorable, ex-
cept from Baltimore, where increased sales are
reported The dry goods demand is below the
average at Boston and PHILADELPHIA.
Statistics of Failures.
Failures continue to decrease in numbers and
importance, though not as much as has been
hoped. The number reported in the United
States during the last week has been 800,
against 1874 for the same week last year, and in
Canada As, against 81 last year. During the
first half OF the year the failures were in
amount OF liabilities sl6S,9s0 $50, so that the
aggregate, not including banking and financial
failures, has been not more than $25l 3l0,879.