The Irish standard., 1894-07-07
4 BJSINE SS OUTIl)OK
- Better Fe cling Is Reported n
\ .5s5.. Trade Circles.
IN Spite Of Scarcity of Fuel and tho Big
Railway Strike Business Prospects
Are Apparently More
ii Favorable.
DUN 3 CO.. REPORT.

NEW YORK: June SO.-R. g. Dun 4
Co. IS weekly review of trade says:
The great strike Of coal miners has ended
ct most points, but another threatens to In.
iterrupt business more seriously for time
{ though the number Of hands engaged Is com
parative1y small. Travel and traffic are well
nigh arrested on twenty western roads al
ready and strikes are threateded on all roads
which use Pullman cars. On the whole other
4 changes during the week have been for the bet
tor Many manufacturing establishments
which were stopped by want of fuel have re.
,sumed. The depletion of the treasury reserve
has been checked by the voluntary deposit OF
gold In New York baTks. Exports OF goods
have almost ceased. Congress has made much
& progress toward final disposition Of the tarih
Iquestion. Crop prospects grow better as the
harvest draws nearer.
1.-The resumption OF work in mines and mills
has made good progress, but the demand for
products Is as yet smaller and less urgent than
was expected Textile manufacturers are much
embarrassed by the near approach of probable
change in the tariff, the effect OF which cannot
yet be calculated. In spite of this reason for
mills quitting work Is not as large as was ex-
.pected for there appears a little more demand
from clothiers and jobbers.
Wheat has declined two cents. Corn has de-
clined seven -eighths OF cent, receipts being
larger than OF wheat. and heavy crop is OK
pected. Pork products are also shade lower.
Cotton has yielded sixteenth, as speculation
against the enormous stocks in sight grows
tiresome.
'Thts week the failures have been 214 In the
United States, against 307 last year, and IS
In Canada, against q last year. OF late the
number and Importance of failures have in
creased little, as is usual near the close OF
half year"
Bradstreet's Review.
NEW YORK, June 8O.-Bradstreet's
says:
'While there Is no actual improvement In
business throughout the country there are more
favorable prospects and better feeling among
merchants, with an increased number OF III
stances where trade has been stimulated.
The ending Of the great bitumin-
GUS coal strike is promptly followed
ps eh ss51f & 5s!rssS e en- =
business by reason of interference with distri-
button and travel Losses on perishable freight
In transit are already reported Other un-
favorable features include conference OF
Rhode Island cotton mill owners as to the
ACCESSIBILITY Of shutting down, owing
to accumulation OF stocks heavy ar
rivals of wool at eastern markets, where stocks
are already large: delay in settling the coke
strike which prevents many industrial estab-
Hshments from starting up: an extremely re-
str1cted volume OF business among whole
sale dealers In clothing at Baltimore,
48 per cent. Of what it was in the
first half OF last year; delayed orders
from country merchants In Georgia and
South Carolina, where crop damage has been
threatened; and sharp restriction In the vol
ume OF general trade at Chicago, where the
railway strike centers. At New Orleans trade
lin ell lines is smaller. At Nashville and at
Birmingham Ala, it is dull and without sign
of early improvement, which Is true also at
Portland.
1.-The total number of actual business failures
In the United States in the last six months
failures In which assets are less than iabin-
ties) is 052S, which Is more than in any pre-
ceding similar period, an increase OF 46 per
cent compared with the first half of
1Ss3 and ~ per cent. uore than In six
months in 1892 The present tendency In the
number of failures to decrease is shown
by the fact that while at the end OF the first
quarter Of the current year the increase over
the like period of last year was 800 failures, the
increase this year over last, at the end OF half
year, Is only 289 failures. Total liabilities of
failing traders for the six months are 3S2, $685.
900, assets being 81 per cent. of that total
These aggregates are each less than one-han
!of what they were for six months In 1892, and
smaller than In six months OF 1891 as we'll
Pennsylvania and California show striking In
creases in numbers Of failures, and Illinois and
Kansas noteworthy decreases