The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1894-11-29
TRADE REVIEW.
There Are Some Changes for the Better.
The Most Important is the Larger EN-
ployment of Labor.

There Are Some Changes for the Better
The Most Important is the Larger EN-
ployment of Labor.
New YORK, Nov. 24.-R. q. Dun 8
Coz weekly review of trade for the
week:
"There are some changes for the bet
ter. The gain is slow, and in some di-
rections not very distinct, but the
signs of it are little more definite
than last week. The most important
is larger employment of labor, indicat-
ing better demand on the whole for
manufactured products. Much of this
is due to the unnatural delay of orders
for the winter, which resulted from
prolonged uncertainty, but it means
an actual increase in the earnings and
purchasing power of the millions, and
so gives promise of a larger demand in
the future. Prices of farm products in
the aggregate do not improve, but the
prevailing hopefulness is felt in some
what larger transactions
"a little premium on gold, for the
first time since 1873, naturally excites
some comment, even though it is only
the smallest fraction, and apparently
due to temporary causes. Undeniably
it reflects a disposition to hold gold,
which answers to the desire of the gov
ernment to get gold without redemp-
ing it's notes. About S., 2OO, 600 has been
drawn from the treasury by redeem
tion of notes, and it is supposed that
much more will be withdrawn, so that
the first payment may not raise the
gold reserve much more than it was a
week ago. The tendency of sterling
exchange points the same way; the ad-
mitted need of borrowing does not in
crease confidence. But after the treas.
ury has been replenished greater con.
| fidence may follow. 1t is expected that
a syndicate will bid for the full
amount of the bonds at a price making
the rate per cent, or a little less, and
that other bids will also be large, but
how much gold the treasury will get
or keep is problematical.
There is no Improvement in the de
mand for commercial loans, and money
still drifts to this center, scarcely any
going south and none west.
Exports from New York for three
weeks decreased about ten per cent.
while imports increased about twelve
per cent The increase in dry goods is
over forty per cent, but in most arti
cles only moderate.
1.-The failures for two weeks of No
vember have been moderately large il
amount, reported liabilities being So,
5O2, 3O3 of which $1,7l3,466 were o
manufacturing and 1881, $50 of trad
ing concerns. For the same week las
year liabilities were over 81, o00,O00
''The failures this week have beer
322 in the United States, against 3s
last year, and 81 in Canada, against 8
last year"
Bradstreet's says: 'The feature o
the general trade for the week include
an increase in distribution of holida.
goods, of heavy clothing, hats, season
able dry goods, and, at various points
hardware and shoes. This was stimu
lated by seasonably colder weather an
continuance of the feeling of conf
dence in a nearby improvement in dc
mand.
Exports of wheat (and -four a
wheat) both coasts, United States an
Canada, amounts this week to 3,312, ,Oo
bushels, compared with 100000 bush
els last week 2,764, 900 bushels in tn
week year ago, 3,465, 900 bushels i
1892. and 4, ,OS2, 900 bushels in 1891"