Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1894-09-20
BUSINESS OUTLOOK.
Review for the Week of an En-
couraging Nature.
The Outlook Better Than 1t Was Month
Ago-The Heavy Shortage in the
Corn Crop the Cause of
Some Losses.
DUN's REPORT.


New YORK. Sept. 15.- R. g. DuD &
Co.'S weekly review OF trade says:
Business has met no setback this week,
and continues larger than earlier In August
and larger than year ago, directly after the
panic The country has now passed nearly
three weeks under the new tariff, and all
admit that changes have been Of less
Importance as vet than was expected.
If in some branches business has ma
terially increased. it has gained little or
has fallen of In others Loss in some diree-
Sions Is explained by crop reports, for the
most favorable estimates of experts put the
loss of corn as about 400000,000 bush
els, whereas the government report is by
some interpreted as meaning a loss of
1000, 100000 bushels. The opinion Of
the trade does not favor the official
estimate, and the price has not risen at all
during the week; though receipts have been
very small, exports have practically ceased.
and all realize that the shrinkage of 409,000000
bushels is serious, if it proves to be no great
er, since it must affect prices OF meats for
year or more. PORK is unchanged, but lard
las risen 80 cents per 100 pounds Nor
are official reports encouraging as to
wheat. Western receipts in two weeks have
been 11.1s46S7 bushels, against I0674761 last
year, and Atlantic exports only 2,074,790,
against 5,I0e,562 asst year, and the price is one
half cent lower. considerable injury is officially
s,o00000 bales, which is more than enough,
and the price is sixteenth lower. The great
increase in iron production, which was noted
as following the removal OF coke difficulties is
measured by the capacity OF furnaces in
blast September / - namely: l5l,l13 tons,
against 1885 August l, and the unsold stocks
also decreased 1884 tons during the month.
Less activity is seen ia dry goods, the rush
Of postponed business having abated, and there
as more disposition TO defer purchases be-
cause Of somewhat general advances in cotton
goods and because London wool sales are ex-
pected TO make the outlook clearer. Strikes in
cotton mills have not ceased and stocks OF
print cloths shrink rapidly, but some question
whether recent advances in price can be main
tanned with important additions to the present
force
Failures in the first week Of September as
yet reported show liabilities of only 81 ,430,070
of which S4l5l20 was of manufacturing and
| ee37, 450 Of trading concerns The aggregate Of
| liabilities reported for August is $40. 500 .5l3
This week the failures have been 207 in the
United States, against 3l4 last year, and a IN
Canada, against ~ last year
Bradstraet's Report.
Bradstreets SAYS:
| all the features OF improvement in general
| trade reported q week ago are retained, and
| from a number OF the more important business
| centers still further gains are reported. Com
| mercial travellers from Baltimore are making
their second trip to the south and regard the
| business prospects as exceptionally bright.
| At varioas northwestern centers colder
| weather has stimulated the sales in dry
| goods, clothing and shoes Woolec dress
| goods are not sold actively as in pre-
| vious weeks. jobbers not carrying supplies be-
| yond what the public are likely to take before
| January /. announcement is gained from i'm
| proved demand for money at savannah, Au-
| gusta and New Orleans, Cue to increasing re-
Of and 5x-afa ~.
the crops. At Chicago money is also more
| active and some bankers have withdrawn from
| the agreement TO pay only " per cent. on bal
ances of country banks and Will pay per cent.
| Live stock at Kansas City and at Omaha has
| weakened on heavy receipts of eommoner
| grades, all of which comprise the chief de-
! crease in price of staples. They are Offset by
| f1rmer markets and advances for leather,
| petroleum and sugar. for print cloths due to
| decreasing stocks and cotton goods owing to
the strike OF operatives. Wheat is up nc,
corn &c, oats l1sc pork &c, lard &c cof-
| fee nc.