The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1894-08-25
FINANCE AND TRADE.
The Outlook as Viewed by the
Great Commercial Agencies,
CHEERING PREDICTIONS FOR FALL

Large Volume Of Business Expected in
the Near Future, as Evidenced by the
Weeks Bank Ciearings, which Are
Twenty Per Cent, Above Last Year.
NEW YORK Aug 25 - Bradstreets
trade review says Serious industrial dis
turbanoes in New England, drought in cen
tral and far western states ourtailing
nearly all staple crops and a disposition
in all lines to continue to buy for nearby
wants only fail TO greatly influence gen
eral trade throughout the country, the
trend OF which Is toward further improve
ment Northwestern states east of the
Missouri and the Atlantic and gulf coast
southern states report relatively greater
gains In volume Of traffic aud in the
spread OF that better feeling and conf
dence in a large volume Of business in the
fall, on which improvement In business
depends
Prominent among evidences OF expau-
sion in general trade is this weeks bank
olearings total ts2O, 600 900, a gain over
last week of about 4 per cent, and over
the like total one year ago, when clearings
got down to about low water mark, the
Increase is 20 per cent. But compared
with the total in the like week two years
ago this weeks aggregate clearings show
a decrease Of is per cent 1t Is also worth
noting, as a sign Of the business move
ment, that every city's clearings total for
the week is larger than a year ago except
one.
AT larger eastern cities there Is evidence
OF an Increased confidence that the au-
tumn will bring largely augmented de-
mand In nearly all staple lines but Balti-
more Is the only city in this group an
nouncing a decided improvement,
General tr ade at southern cities betrays
no change within a week In volume of
transactions or demand, business on the
whole being relatively better than in some
| other portions of the country.
r. G Dun & Co. 8 review says Changes
| during the past week have not been def
mite nor very important. As the presi-
| dents final decision regarding the new
tariff is assumed, but not yet certainly
| known, part Of the hesitation which ap.
| pears may be attributed to the lingering
| uncertainty which must soon terminate.
| Other conditions, If not entirely favorable,
have at least not changed for the worse
| during the past week.
The injury to corn is less than many
| apprehended, but is still believed to have
| reduced the yield about SOC, 600 600 bushels
| The strike of coke workers and coal miners
has ended, and while the lockout of cot.
ton operatives is important it affects the
earnings and livelihood of a much smaller
| number.
In all the great industries some increase
In demand for products has appeared A
| somewhat increased demand for cotton
| goods has appeared, but perhaps not YET
as great as many have anticipated II
the iron and steel manufacture the de
mand for finished products increases, bu
| is at present not as large as the capacity
of the works which have eudeavored t
resume operations, so that their compe
tition results in prices nearly as low a
have been reached at any time.
About 1000, 100000 bushels is now thu
more common estimate of the WELD o
corn which will leave nothing for export
and, falling below full supply for feed
ing, will materially affect prices of meat
for the coming year. Wheat has beer
/ stronger, in spite of such favorable re
ports that Il yield Of 100000, 600 bushels o.
more is now commonly expected
The liabilities Of firms failing for tn,
second week of August amounted to oul,
$1,6l3. 1863, and for the last three weeks t
only SG262, ,O7G Of which s., 633 2O9 were o
manufacturing and 50, 1s7, 1929 of trading
concerns. The failures this week havp
been 234 in the United States, against Al
for the same week last year, and 29 IL
Canada, against 90 last year.