St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-09-22
engagement and also for discourage.

couragement and also for discourage.
ment can be found by those who seek
that and nothing else. But business
men who want 10 sec the situation eX.
actly as it is, find accounts SO far con-
flicting That 1t is difficult to strike n
balance. In the aggregate business is
about a tenth larger than last year, but
still falls about 25 per cent below full
volume for the season. The iron bust
ness alter It's great Increase OF output
last month, shows a Disappointing
weakness at all Eastern and Central
markets, with consumption not large
enough to Keep fairly employed
the mills in operation. Bessemer
pig Is lower at $l0.5O at Pitts.
burg, and the business in most
manufactured products there and al
Philadelphia is generally done at some
concessions, though in structural work
and in sheets the demand is excellent
Wire rods and nails and barbed wire
are weaker, and steel billets and bars q
shade lower. In the minor metals
speculation has advanced both tin and
copper little, but without evidence OF
increasing consumption. In boots and
shoes the demand continues large. with
many sales from stock and orders for
quick delivery, and other indications
that Il replenlshment Of stock is not yet
c0ntem plated. In textile fabrics there
has been distinct increase in trade. as
initial stocks for next season have been
ordered, and dealers are now waiting
FOR the retail trade to give encourage
msnt for further purchases. The strike
at Fall River and New Bedford has not
ceased, ana about dozen additional
cotton mills have gone into opera
ton elsewhere, several with re-
hstf I,A
for tho present are narrow and much
smaller than usual, although recent
advances in prices are maintained. The
demand for WOODEN dress goods is bet
Ter. ana Will occupy some Mills until
December. LOndUn prices of wool,
beginning about D per cent higher than
at the last sale, were not quite up to
previous market quotations. and sales of
wool at the three Eastern markets have
been for the week larger than Of late,
S6,O4l. $50 pounds against S4.2l6. 225 last
year and SPOOL 100 in 1892. In hree
weeks the sales have been IA, 2296, $50,
against 8. S63, 225 last year ana ~, 66l, 800
i'll 1892.
Breadstuffs are weaker. possibly
because the government official
report went so far in predict
lug short crops as to cause
reaction in opinion. While
lower estimates of corn are commonly
accepted. the price fell off 80 cents, and
men ara reasoning that if the official
estimate of wheat has been found 1UOe-
Oo0.000 bushels out of the way, the corn
estimate may err 400, 900. 900 to 800. 0O0. :
600 bushels. While corn declined, nei-
ther pork nor lard yielded in price here,
though lower with Chicago. Wheat re-
ceIpts were 5.4si,4lS bushels, against
5.9S2.O2 last Year, and Atlantic exports
only 9O2.SS0. against 1,S9S, 3S4 last year.
and prices fell l cent.
Failures in two weeks of September
show liabilities of only 81, St7, T64, of
which 1863, TIC were of manufacturing,
and 81. 796.O4S of trading Concerns. Fail
ures during the past week have been
2l2 i'll the United States, against 32l
last year. and III Canada IS, against ~
last year.