The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1894-08-23
the second largest yield in their his.


Liabilities of firms falling in tn,
week ending Aug. 8 is little larger
than OF late, SIS, PA $50, of which "a.
SO4, 94l were of manufacturing anc
81, COS, 100 of trading concerns. Full
returns for July show an aggregate Of
Sll POI ,S05 The failures this week
have been 226 in the United States
against 455 last year, and As in Canada
against % last year.
Bradstrset's Weekly Review Of Trade.
New YORK, Aug. 1l.-Bradstreet's
tomorrow will say:
Special telegraphic and mail adj
vises summarizing interviews with
more than 500 leading Wholesale deal
ers and manufacturers at AZ cities
throughout the country as to the pre-
sent effect, if any, of the prospective
tariff settlement and the outlook as 10
the effect of the senate tariff bill
should it become law, indicates re-
latively less enthusiasm at larger
Eastern centers except at New York
and Baltimore; almost uniform salts.
faction throughot the Southern states,
and advices for the Northwestern
stats, except where serious crop dams
age has taken place. In the far West
little interest is manifested in tariff
agitation, notably at Denver and
Helena, where silver attracts more
attention. Portland, fears the result
of the reduction of the tariff on lum-
Der, but at San Francisco an improve,
ment in demand is expected and con-
siderable freight is offering for ship
ment to China.
A feature is found in declarations
| from manufacturers of WOODEN goods,
glassware, pottery and iron and steels
! at varions centers OF the production
that wages will promptly be reduced,
Importers of Woolens are said to have
the market this fall, and clothing
manufacturers, ii is declared, should
do fair business, but not try 10 carry
over light weights on January l. Cot.
ton merchants declare that the settle
ment of the tariff comes too late to
help them this fall, and lumber deal
ers speak regretfully of the reduction
of the duty in their line.
Aside from probable Improvement
due to ending uncertainty IN business
neither Boston, Providence, Buffalo
Philadelphia, Pittsburg, Newark and
Rochester merchants interviewed eXt
press noteworthy enthusiasm as 10
trade prospects. While no gain Is re
| ported in trade circles at Southern
cities, several thousand coal strik.
ers have gone back to work
in the Birmingham district,
several Southern railways are
calling for more coal and Southern
iron works are shipping more iron
than year ago. 1t is reported that
at Atlanta hardware jobbers based
recent prices on the Wilson bill and
the prospective passage OF the senate
bill will make difference in profits
In consequence. Little Rock expects
Eastern cotton manufacturers to buy
more freely now and three leading
Texas cities, in view of excellent crop
prospects in that state and prospect
lively the largest cotton crop on record,
regard the business outlook very
favorably.
The proposed change in the sugar
schedule exerts material depression in
Louisiana. The region west of Penn
sylvania and east of the Mississippi
river reports almost uniformly favora-
BILE trade conditions, with gains in de.
mand and Industrial activity, eXcep-
tions being the Indiana and Illinois
pottery Industries = and among
Indiana clothing manufacturers,
who report they expect to
reduce wages. Country mer-
chants in the states named have been
buying heavily from Chicago jobbers,
but that city's trade from the region
west of the Mississippi river has
ceptionally favorable reports of the
previous weeks, with the additional
feature that the demand for iron is in-
creasing.
The import in Wisconsin and Min
nesota report an improved outlook for
trade and an increase in the volume of
business done due to more favorable
crop returns. Increased demand is
noticed for hardware, cutlery and
shoes. The serious damage to corn In
Kansas has had an unfavorable effect
at Kansas City, crop damage in that
sta as well as in Nebraska and Iowa
overshedowiDg other conditions and
characteriZing trade reports from Lin.
coin, Omaha and Burlington.
Exports of wheat Oncluding -FOUR
United States and Canada, both
coasts, amounted TO 2,979,92 bushels
against 3,714, 200 last week, 2.977 All
one week before, and as compared
with 6,129, 700 in the week a year ago,
8, 1850, IVA two years ago, 1851, 1877 three
years ago and 3, $4,000 four years ago
Canadian trade shows no gain In dis
tribution but more cheerful feeling
at Montreal, the impression Is that
the tide has turned. The St. Law
renee transportation companies are
doing little as compared with q year
ago. The better feeling ut Toronto is
said to be based on expected favorable
effects from the tariff changes In this
country.