The Irish standard., 1894-10-06
IN TRADE CIRCLES.
Volume of Business Does Not
Increase Rapidly.
Reports from Commercial CeDters Show
That Trade for the Month Was Larger
Than In September One
Year Ago.
DUN's STATEMENT.

New YORK, Sept. 90 r. &. Dun &
Co. IS weekly review of trade says:
Special inquiry has been made this week
at all commercial centers regarding the state
of retail trade. Wide diversity appears In
different trades. The main facts disclosed
are: First, marked improvement in the last
month and g. considerable excess over the bust
ness done a year ago particularly in the nee
essartes OF life. But, second, it appears that
the volume OF trade at present is on the whole
considerably less than in a normal year at
most points. and in the more important trades
is apparently about 20 per cent. smaller than
in september. 1892.
New Business Slackening.
Evidence OF continued improve in whole
sale trade and manufacture does not appear
this week. There is large distribution on
orders given some time ago, but new business
going to the manufacturers is everywhere
slackening. The completion OF orders for re-
Punishment Of stocks leaves narrower de-
mand and it is yet too early for consumption
to provide further orders.
Unprecedented Records.
The depression in prices OF farm products
will have some influence. Unprecedented
records have been made in cotton and wheat,
though as to wheat only in contracts for tu-
ture delivery in which the prices are the low
est ever made. The available stocks are
ago, and western receipts for the week we're
5,252,7l6 bushels, against 8l9! ,034 last year,
and since August l, 5l.OOO,0OO bushels, against
$1,000 900 last year.
Price of Corn Falls.
1t is encouraging that the speculation in
corn has broken and the price has fallen five
cents, less gloomy estimates th2n those Of the
department. having gained general acceptance.
1t is now supposed that the yield is not far
halls ,,hi /,b win
pei much economy in feeding, but speculation
in pork has also broken. and the price has
fallen rs cents, while lard has declined half &
cent
Business Failures.
Failures are few and small for the week,
liabilities amounting to S5.278,285, of which
2282, 1913 were Of manufac turing and $2,575 lip
Of trading concerns. The failures during the
week have been 235 in the United States,
against S34 last year, and IS in Canada, against
SO last year.
Bradstreet's Report.
Bradstreet's report is as follows:
The feature OF general trade throughout the
country is found In moderate reactions within
the week, more particularly in the volume Of
purchases of staples west, where trade
has been quite active, and at eastern
points in the course of prices, the week
failing to show any upward movement
OF QOCe Ii GnlS lluc 1uO III buc CHECK 70
business south: together with damage to the
rice and orange crops. Leading jobbers at
distributing points, which for a month past
have reported relatively most fayorably con-
corning the course Of business, send modified
adyices as to activity.
What Sales Show.
Wheat has made another lowest price, and
corn and oats have declined. Sugar and coffee
record lower figures, and another lowest price
for cotton has had an unfavorable influence on
the tone of business at important southern
markets. particularly in view Of activity Of re-
ceipts of that staple Bessemer pig iron
sales show a loss Ct Is cents and steel bill
lets almost as much. Standard brands
of forge iron, west and south, show like de-
pressions, and the trade admits production
has exceeded consumption. The conspicuously
irregular price is for lumber, it being fairly
active but low au Minneapolis, but sitter at ST.
Louis in contrast with advices from Chicago
and elsewhere Leather is fairly firm, and in
distribution dry goods, shoes, millinery and
notions lead.
Trade in Canada.
Trade reports from leading centers in the
Dominion of Canada tell of trade Improvement.
.Jobbers at Toronto report business equal to
expectations, particularly in dry goods and
hucf