The record-union., 1894-11-17
TRADE REVIEW.
Merchants and Manufacturers Regard
the Business Outlook Favorable.

Merchants and manufacturers Regard
the Business Outlook Favorable.
NEW YORK, Nov. 6.-BradstreePs to-
morrow will say: Perhaps the most con-
spicuous favorable feature of the general
trade situation is found in numerous re-
ports from merchants and manufacturers
throughout the country of a disposition
to regard the business outlook more en-
couragingly, and with increased conf
dence IN an early improvement in trade.
Even In many portions of the South and
southwest adviceS from the interior are
lhaC the country merchant is doing an in
creased volume of business, based on
iaVoraoIe weather and large crops. This
IS Lne more striking in view of the con-
tlnued reports of the unfavorable effect of
trade III the South and the low price of
cotton.
from Georgia it is learned that fertilizer
manufacturers haYearranged to curtail the
output next season, in some instances as
much as 40 per cent. In Eastern centers
manufacturers of glass, leather, timber,
cottons and woolens, tobacco and agri-
cultural implements, as well as iobbers
III general dry goods, hardware, groceries,
heaVy clothing and shoes, in numerous
instances report an increased volume of
business, Indications of this tendency
being corroborated by bank clearings at
seYenty-flve cities amounting TO 81 ,0l9,-
Uoo,OOO, gain OF 80 per cent. as compared
with the week before, l.2 per cent heavier
than in the like week last year and ~ Der
cent less than in the second week of
November, 1872. This is the first week
In which the volume of clearings have
equaied or exceeded 81, ,000, 600, 900 since
early IN January last.
Inc favorable change in the movement
o! prices last week also continues, with
higher quotations for butter, eggs and
hides. Wheat is Ii cents higher. sugar.
LILO, corn Z, oats three-eighths, lard Is,
pork 70, codee three-eighths. Leather
some grades OF iron, print cloths and
wool and lumber at Eastern markets are
hrmer. The more noticeable declines in
quotations are III a shaded price for Bes-
semer pig iron and for live cattle and
hogs at " estern markets, where receipts
OF low grades have been free. Traders
say trade 1or that commodity has reached
a low ngure, and that the increased de-
mands since election points to an ad-
vance, though as yet domestic feeces feel
The competition OF AuStr The inn
provement in demand al distribu-
ZION OF dry goods has beeI sufficient to
stimulate discussion Of higher prices.
Exports of wheat from the United
States and Canada, both coasts. show a
sharp squirt following the declining
movement of week ago, due largely to
heavy clearances from Portland. Or.
last week, the grand total (tlour included
as wheat amounting to 100000 bushels,
as compared with 2,6S9,000 bushels the
week before.
Returns TO BTadStreeFS of gross and
net earnings of the railroad companies
Tor Septeu1 Der and l35 companies for the
nine months ending September 30th
show, in comparison with the results of
the same period in 1893, losses in Septem-
Der OF A per cent. IN gross and Is per
cent. "A net earnings, while for the nine
month the decrease in gross is I3. per
cent. and IN net ll.6 per cent.
X. q. Dun IL Co.'s II--ek54 ReUieao of
Trade will say tomorrow: The failures
OF the week have been 270, against 232 in
the United States last year, and thirtv-
eight in Canada, against thirty-five last
year.