The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1894-05-26
AND TRADE.
The Reports for the Current Week
Rather DiscOuraging.
A VAST ARMY OF NON-PRODUOERs.

The Total Number Idle as the Result Of
Strikes Estimated at Over Quarter OF
MillIon-But Works ResuminE Exceed
Those stopping,
NEW YORK, May 26-Bradstreet's s Trade
Review says; The unfavorable conditions
prevailing in commercial and industrial
circles throughout the country, together
with the prospect for no material inn
provement during the summer, marks the
present season as probably the dullest rela-
lively for twenty years. At no time since
panic and business depression manifested
themselves last year hU - eports as to
the volume Of sales of merchandise, the
manufacture of staple goods and the in
disposition of merchants generally to
buy, except for absolutely immediate
wants been so pronounced and so general
throughout the country as during the
past few weeks. Superficial examina-
tions of business conditions leading to un-
warranted optimistic conclusions as TO
the nearby future of trade have not been
wanting, but as matter Of fact based on
comprehensive and careful examination,
the next few months promise continu-
ance II not an intensifying of existing CON
ditioDs OF extreme dullness and depression
Quite unfavorable adviCes come from
Pittsburg, where there are numerous shut
downs involving large numbers of men,
The total number of industrial employees
idle as result Of coal scarcity IL placed at
$4,000, and the total number idle owing to
the strike is 10000. In other industrial
lines 1000 men are reported idle as re
suit OF strikes, making the total number
now idle 235, 600. An encouraging indus
trial feature is the probable settlement Of
next seasons iron and steel wages scale
without a strike
Advices from the south present n con-
tinuous report of excessive dullucss, ex-
cept that there are gains in sales of plan
tation supplies.
r. G. Dun & Co.'s Weekly Review says:
Storms and floods, prolonged strikes and
large exports of gold have done their ut
most this week to give business a vacation
But the wants unsatistied during the past
year, belRted and much lessened, and yet
greater than those of any other nation,
have caused a volume Of trade quite large
for the season
Prices Of products still tend downward
without much speculation. II is not sur
prising that farmers retain wheat at pres
ent prices where they can. Corn has been
stronger, Notwithstanding large receipts
and insignificant exports. Cotton has re-
covered a shade, though receipts for the
week were nearly RS large as last year and
exports much smaller, The astonishing
cheapness OF wheat and cotton will affect
the rApdity of movement in the fall, and
also will directly lessen the amount of
money required ia moving the crops.
While the iron industry especially, and
many Others to some extent, have been re-
stricted by scarcity of coal and coke, the
number Of works TeSuming has been
greater than the number stopping from
other causes. But the demand for manu-
featured products instead Of increasing
appears for the moment rather smaller
than before. 1t IL a waiting seasGa, but
the disposition to wait Is this year nuch
intensiaed
Fsilures diminished In Importance, the
amount OF Liabilities for the third week in
May being only S22Q4, ,l39, aud for thros
weeks q, $50, wa Of which s9,alA6S7 were
of manufacturing and ", ,O95,O OR OF trad
ing concerns, The number of failures re-
ported this Woek u 1873 In the United
States, against $50 for the Same week last
year, and ia Canada ~ Againat "A Last
year,