Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1894-02-01
BUSINESS OUTLOOK.
evidences of Increasing Activity
In Various Industries.
The Gain Is More Definite Than One
Week Ago-PyO3uce Markets Con-
tinue DulI-Tbe Record of
Failures.
sIaNs or pErTFR rLaEs.

New York. Jan. PR G. Dun q
Co.'s weekly review OF trade says:
Secretary Csrlisle's decision TO issue bonds
and the early reports of large bids TOR them
helped 70 sooclorete recovery Of industries and
trade, os was hoped last week. Sale OF the
amount offered viii check anxiety about the
maintenance Of note redemption, remove thu
only pretext for further issues OF paper and
thus give solid basis for greater condolences
Regarding the financial future. The revenue *
still small-trom costumes IN January thus far
Sc. So6r0ol against slD,0Sa VSo last year, and
from internal taxes g. All 90, against I'll 06e le8
and the volume OF domestic trade Is still
small
The increase in the number OF hands en-
pioyed adds 70 the purchasing power Of the
people and dealers stocks are so reduced that
any sign OF larger consumption quickly gives
mills more orders In short the conditions are
such that II not interrupted by adverse forces.
they would naturally bring n steady revival Of
business.
Industrial gain is moro definite than q week
ago A few establishments have stopped work.
while many have resumed or increased produc-
ton, and though these are not works employ
ing thousands each the aggregate increase is
considerable. Reductions in wages continue,
and about quarter Of them are of 20 per cent,
the rest ranging from 20 II per cent
I'm no direction are quotations Of manufac-
tured products higher, but while some have ac-
tually declined the general tone is some
what stronger. The increase IN demand for
iron products is mainly in structural forms.
cast pipe, wire rods, barbed wire and wire
nails. while in rails and other railway iron bust
ness Is remarkably small
Textile industries have increased the work
ing force mainly In knit goods. underwear and
carpets, though several wooden mills have
started and others are reported about to start
The shoe and leather trades appear 10 gain a
little, though shipments rom Boston for the
week are again "A per cent smaller than last
year
THE produce markets have been de-
cidedly dull. though wheat for May fell
at one time TO the lowest point on record
Wheat exports are insignificant and the stocks
in sight are too large for spectators or short
shade lower Cotton. after decline, has adj
vanoed a shade, although receipts continue
heavy
Failures Ia the United States were 40 this
week, against 255 last year, and 50 in Canada
against 40 last year. None are Of great magni-
tude. The liabilities OF the firms failing thus
far reported this year amount to Sl3, s6S 900. OF
which 70 0T2,s;7 were manufacturing and $780,
1853 OF trading concerns"
Bradstreet's SAYS.
1.-THE improvement in industrial ana CONNER.
cial lines heretofore reported continues to grow
moderately and shows gains from week
to week, although more eonspicuously
in manufacturing than in commercial
lines This is indicated by the records
OF sixty-two assumptions OF more important
manufacturing establishments this week com.
pared with seventeen shutdowns and by the
total OF Ss40 1000, the bank clearings Of the
week at fifty.four cities, which is per cent
smaller than Ia the preceding week and 81 per
cent smaller than in the like week last year