River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1894-11-01
BUSINESS INDICATIONS.
They Are More Favorable Than They
Were a Week Ago.


New YORK, Oct. OR. G.. Dun &
Co.'S weekly review OF trade says:
"Engrossing political excitement il many of
the states causes natural slackening Ii some
kinds OF business But on the whole business
indications are rather more favorable than
they we're week ago Gold exports have
ceased. quite a number OF mills have gone
into operation, and the demand for products. Il
NO, equal to that OF prosperous years is bet
ter than IL has been most OF the time this
year. The prices OF farm products do not I'M
prove much. and there are still some strikes
to resist reduction of wages. SO that the
purchasing power of the people cannot
have materially increased, but there
is more hopeful spirit which
prompts greater activity. On the other hand
the record Of past transactions is somewhat
less favorable than OF late. Payments through
the principal clearing houses throughout the
country show decrease OF 1.2 per cent. COM
pared with last yef.r, end a decrease of 21.9 per
cent. compared with TIE same week In 1852. the
decrease for four weeks being EOS per ceat
Cotton has sold at 5sl cents for middiing
uplands, and the large receipts at such low
prices indicate clearly that the crop will at
least be close TO the largest. II not the largest
ever produced. The anticipated settlement
OF difficulties at Fall River has not been real
lied, and at present a good many spindles and
looms are idle. 1t is interesting that in spite
OF the low price OF the principal southern crop.
manufacturers and wholesale dealers report
rather more improvement In trade with the
south than with any other section.
THE wheat market is quarter lower, and
nothing appears to justify any important
change. Corn is higher. without any very
clear reason, and IL is noteworthy that at the
same time pork is 75c lower-lard. 35c per 100
pounds. and hogs 40c lower. The contrast tn
dicates how little the provision market de-
ponds at present on natural relations of sup
ply and demand.
Industrial accounts are on the whole en-
couraging. The boot and shoe Industry leads
In Improvement, actual shipments from the
east being larger than in any previous year
The demand for wool is not as large as 1t has
been. Prices were put down before the new
tariff took effect. so that results Of foreign
competition are felt mainly in reduced sales
OF some domestic woods. Almost nothing is
doing In spring woolens for mems wear. but
manufacturers are more encouraged to believe
that. as to a large share Of the cheaper goods,
they can meet any prices that foreign mills
may make.
ut is still, as It has been for some months,
q very encouraging fact that tie volume OF
commercial failures Is small Reports for the
three weeks of October cover liabilities OF
only 74l. of which g. 6296 7l were Of manu-
featuring and $780, ,o67 of trading concerns.
The failures for the week were 231 in the
United States, against S52 last year and 81 in
Canada, against "A last year"
Bradstreet's says:
merchants interviewed in various portions
OF the country report in some instances the
condition OF business as not having realized
anticipations and at other points that the re-
cent bright outlook for trade is modified.
Such adylccs are based in part on the pra3tical
conclusion OF the fall trade and delays in de-
maud for holiday goods. General trade con-
tinues checked throughout some portions of
the regions supplied by Kansas City. st. Louis,
Omaha. Minneapolis and St Paul. due to ur-
seasonably warm weather"