River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1894-11-29
CHANGES FOR THE BETTER.
Dun's Report on the Commercial Inter-
ests OF the Country.

ests OF the Country.
New YORK, Nov. OR. G. Dun &
Co. s weekly review OF trade says:
There are some changes for the better. The
gain is slow, and IN some directions not very
distinct. but the signs of it are a little more
definite than last week. The most important of
them is larger employment of labor answering
a better demand on the whole for manufactured
products. Much OF this is due TO the unnatur-
al delay Of orders for the winter which result
I'd from long prolonged uncertainty, but il
means actual increase in earnings and pur-
chasing power Of the millions, and so gives
Jromxe Of a laryer demand in the future
Prices of farm products in the aggregate do
cot improve, but the prevailing hopefuiness is
gelt in somewh t larger transactions.
"A little premium on gold. for the first time
since 1879, naturally excites some comment,
even though it is only the smallest fraction,
and apparently due to temporary causes. Un-
deniably 1t rejects disposition to hold gold.
which answers to the desire OF the
government TO get gold without redeem
ing It's notes. About IS, 100000 has been
drawn from the treasury by redemption
Of notes. and it is supposed that much more
will be withdrawn. pei haps after the award
OF bonds. so that the first payment may not
raise the gold reserve higher than it was "A
week ago The upward tendency Of sterling
exchange points the same way; the admitted
need of borrowing does not increase confidence.
But after the treasury reserve mas Detu re-
plenished gre0ter confidence may follow.
1T is expected that syndicate will bid for
the full amount of bonds at price making the
rate per cent. or a little less, and that other
bias will also be large, but how much gold the
treasury will get or keep is problematic.
There Is no improvement in the demand for
commercial loans and money still drifts 10
this center, scarcely any going south and none
west
The wheat market has lost this week the
cent IL gained last week. western receipts be-
ing larger and Atlantic exports are also larger
-5G7, III bushels against 703O.6 last year-but
these are of small account compared with the
great visible supply Foreign reports this
week have been rather more promising, though
the fact remains that the worlds crop outside
Of the United States is probably the largest
ever grown. Corn has declined Ia cents, re-
ceipts having been increased.
Textile industries have added few fac
tories to the working list. against only one or
two withdrawn and there has been improve
ment in the demand for woolens. More sup
Elementary orders for spring have been re-
ceived and colder weather has increased the
demand for heavy goods. Yet on the whole
TIE market is not active and the manufacture
Is much below the capacity of works.
1.-The sAoe industry leaus all others in APP
proacuine full production. shipments from
Boston hsse been for November thus far 6i2,-
e43 cars against 5000 last year and bS2.5S2 in
lsy2 me number OF cases shippeu mas ueeh
larger sinte January | than in any previous
year In spite Of the general demand for
cheaper grades, this IS a most encouraging
record
"The iron industry again records lower
prices for Bessemer iron--si0 20 at Pittsburgh
and for some manufactured products The
consumption is large. and for the season fairly
well maintained, but as 1t is not equal to the
capacity of works in operation. their struggle
to get business keeps prices at the bottom.
THE failures for two weeks Of November
have been moderately large in amount, re-
ported liabilities being s6502 803, Of which
81 7l3 f65 were OF manufacturing and So 1881 .2ss
OF trading concerns. For the same week last
year liabilities were over S7200,O00 The fall
ures this week have been 80 in the United
States, against 3s5 last year. and 81 in Canada,
against "a last year