Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1893-11-24
BUSINESS IMPROVEMENT NOT AL
TOGETHER. SATISFACTORY.
CONSIDERABLE GAINS ARR
NOTED, HOWEVER.
What Dun & Co. and Bradstreet Have
to Say of the Past Weeks Trade-
Over 10000 Textile Mill Employees
III Philadelphia Idle-Milwaukee
Collections Not Favorable

New York, Nov. 17.-R. G.. Dun IL CO.
say i'll their review of the weeks trade
that business is ginning, but there is
constant complaint that the improve
ment Is very slow. This is because
there are very few retiliza lions on the
heavy business which has to be done
Legislative uncertainties weigh heayi-
~. The encoura cement during the past
week was i'll the fact that the No
Vcmbcr 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 Il part of the
amount due are rejoiced but their buy
ing power is not as large as usual.
Extraordinary shrinkage in purchases
for consumption made it possible for
many firms to go on rs before. The
true treasury cash has fallen to S97,-
3SS, 80, of which only $50, 400, S91 is
gold; but there was not such alarm as
when the gold reserve alone went be-
low $1OO,OOO,OO0.
Business is not leaning on the treas
Try amt it is well that it is not I'M
ports i'll October decreased about SO
100000 partly because of the inflated
valuation OF goods supported 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 in part resumed, against fourteen
closing. Yet less than half the iron
working power is active and out of
10 WOODEN works at the east only ten
are working full time, while 43 shut
down November !.
State factory inspectors report that
out of 10000 persons employed in the
textile mills i'll Philadelphia only IT,
800 are at work In boots and shoes
there is also Il decided Improvement
i'll 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 BUSH
ness through the clearing house shows.
up about the same us for the past
week-1S-G per cent.
The failures for the week have been
~
last yRar and SO in Canada against 35
last year.
New York, Nov. 17.-BrSidstreet to-
morrow will say: General trade is IT.
regular without any actual increase in
volume At the south ata Improvement
in demand is noted. The demand for
rails has been checked because Of 4
cut from $50 to sol i'll price and an
outlook for further reduction
EASTERN cities are most hopeful, but
there is no improvement in demand
except Within Il day or two for cloth
ing, Woolens and shoes. The net rail
way earnings for September and Oc-
tOber reflect unfavOrabLe ON trade
features with q decrease Of 8 and 10
per cent. monthly rs compared with
like periods last year. Not one group
of roads showed u gain In gross earn.
ings for September, while only one,
the Central Western, showed Il gain in
net esarnangS.
There has been some demand in gen.
eral trade at Chicago. Northwest deal
ers are stll holding large stocks ON
hand. Hardware I'M ST.. Louis is i'm
proving and there is more demand
for pig iron and steel. General trade
at Kansas City is unfayorable, 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 u safer feeling
among bankers is reported