The Irish standard., 1894-09-22
BUSINESS OUTLOOK.
Review for the Week Of an En-
couraging Nature,
The Outlook Better Than 1t Was . Month
Ago-The Heavy Shortage In tho
Corn Crop the Cause Of
Some L0Sses.
Dus's REPORT.

/ NEW loRK. Sept. 49,. &. q. Dun &
Co.'S weekly review OF trade says:
Business has met no setback this week
and continues larger than earlier in August
and larger than q year ago d;recly after the
panic. The country has now passed nearly
three weeks under the new tariff, and all
admlt that changes have been OF less
Importance as yet than was expected
II in some branches business has ma
terially increased. it h rs gained a little or
has fallen OF in others. Loss in some direc-
tions is explained by crop reports for the
most favorable estimates OF experts put the
loss of corn as about 4OO,OOO.O00 BUSH
els. whereas the government report is by
some interpreted as meaning loss OF
1000, 100000 bushels. The opinion OF
the trade does not favor the official
estimate. and the price has not risen at all
during the week; though receipts have been
very small exports have practically ceased.
and all realize that the shrinkage Of 400 ,0OC
bushels is serious, If it proves to be no great
er, since it must affect prices OF meats fol
year or more. Pork is unchanged, but lard
has risen 30 cents per 100 pounds. Nor
are Official reports encouraging as to
wheat. Western receipts in two weeks have
been 11.1S4,687 bushels, against l0,674,76l last
year. and Atlantic exports only 2.O74.79O
against 5,lO6562 asst year, and the price is one
half cent lower onsidera BILE injury is officially
reported to cotton, but few expect less than
$500. 600 bales. which is more than enough
and the price is a sixteenth lower. The great
increase in iron production which was noted
as following the removal of coke difficulties, is
measured by the capacity OF furnaces in
blast September - namely: 15l.l13 tons,
against 1885 August l, and the unsold stocks
also decreased 1884 tons during the month
Less activity Is seen in dry goods. the rush
OF postponed business having abated, and there
Is more disposition to defer purchases be-
cause of somewhat general advances In cotton
goods and because London wool sales are ex-
pected to make the outlook clearer. Strikes in
cotton mills have not ceased and stocks OF
print cloths shrink rapidly, but some question
whether recent advances in price can be main
tanned with important additions to the present
force.
Failures in the first week of September as
yet reported show liabilities Of only 81 ,43OO7O,
of which $4l5,l:0 was Of manufacturing and
S937 ,45O of trading concerns The aggregate OF
liabilities reported for August is $10,6975l3
This week the failures have been 2O7 in the
United States, against 3l4 last year, and a in
Canada against G last year"
Bradstreet's Report.
Bradstreet's says:
All the features Of improvement in general
trade reported week ago are retained, and
from number of the more important business
centers still further gains are reported. Com
m mercial travellers from Baltimore are making
their second trip to the south and regard the
business prospects as exceptionally bright.
At various northwestern centers colder
weather has stimulated the sales in dry
goods, clothing and shoes. Woolen dress
goods are not sold as actively as in pre-
vious weeks, jobbers not carrying supplies be-
yond what the public are likely to take before
January 1. Encouragement il; gained from i'm
proved demand for money az Savannah, Au-
gusta and New Orleans, due tt, increasing re-
ceipts of cotton and demands for advances on
the crops. At Chicago money is also more
active and some bankers have withdrawn from
the agreement to pay only 11a per ent. on bal
ances of country banks and will pay per cent.
Live stock at Kansas City and at Omaha has
weakened on heavy receipts Of commoner
grades, all of which comprise the chief de-
crease in price of staples. They are offset by
tirmer markets and advances for leather,
petroleum and sugar, for print cloths due to
decreasing stocks, and cotton goods owing to
the strike Of operatives. Wheat is up No,
corn 1ac, oats l1sc, pork hc lard 1sc, cof-
fee nc.