Weekly expositor. (Brockway Centre, Mich.) 1882-1894, 1894-08-03
WEEKLY REVIEW OF TRADE.

NEW YoRK.-Dun's review Of trade says:
The heavy outgo OF gold, the fall OF the treasury
reserve and OF the price OF wheat TO the lowest
point on record and the increasing uncertainty
about the tariff have entirely overShadowed
other industries. Business delayed for months
by two great strikes now crowds the railroads
and swells returns and gives the impression of
revival in business, but IL is not yet clear how
far there is an increase In new tra1ic, dlstin-
gushed from that which has been merely
plockaded or deferred. In some branches there
has been more activity, but in others less, be-
cause events led many TO infer that no change
OF tariff would be made. The internal revenue
receipts on whisky suddenly dropped moro
than half and sales of wool greatly increased
But the uncertainty Is not removed and much
OF the business done seems TO be In the nature
OF insurance against possibilities. Wheat has
found in the lowest depths "a deeper still and
has sold below sc. making the monthly aver
age at New York the lowest ever known. Corn
was stronger with accounts OF injury TO part OF
the crop, and the exports are trfiing. Cotton
declined. Ofcal reports count for nothing in
comparison with enormous visible stocks.
Textile industries have been perceptibly stimu-
lated, according TO dealers, by dlsagreements
which many suppose may prevent change OF the
tariff and there has been more buying of cotton
goods with slightly higher prices for a few.
Notwithstanding the closing OF some important
mills. In woolens. the goods famine, which
clothiers prepared for themselves by deferring
orders Is such that imperative necessities now
keep most OF the mills at work and purchases
OF wool for immediate use are large. But there
rs no change for the better as respects orders
running into future, and, indeed, some con-
Germs nave WltnuraWn spring samples on Whlch
very low prices have been fixed and viii mako
no effort for trade at present While scarcity
OF coke delays resumption OF work in many
central and western iron mills, the light inquiry
for finished products at Chicago and the dis
appointing demand for most OF Pittsburg
raises doubt whether material increase can be
expected until the tariff question Is out OF the
way. For the week failures have been 2i9 in
the United States against 3S8 last year ana 30
in Canada against % last year.
NEW YoRK.-Bradstreets review of trade
says: Leading influences affecting the course
OF general trade throughout the United States
within the week have not resulted In net
gain. Prolonged drouth and hot winds have
damaged corn and other crops. Without early
rains the reduction in the yield OF corn Is ex-
pected TO be considerable. The outlook for the
yield In the spring wheat states is regarded as
unfavorable which reacts upon country mer-
chants and checks demand. Several thousand
striking miners I'm Ohio Indiana and Alabama
refuse TO return TO work at rates agreed upon
in conference, and this continues to depress
business throughout tributary regions. Advices
from western and northwestern cities do not
show relatively as much Improvement as to
feeling or demand, Cleveland. Cincinnati
Louisville except for leaf tobaccoD, Detroit,
Omaha lowing TO crop damageD. Milwaukee.
81. Paul. Minneapolis and Duluth reporting
general trade as characterized by more than
usual midsummer dullncss-