The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1894-01-28
BRADSTREET'S REPORT SAYS
THE OUTLOOK is BETTER.
SlXTY-TWO CONCERNS RESUME,
Only seventeen shut Downs Noted-Re-
duction OF Wages stil Continue,
Howcver Annual Analysis OF
More Than 1900 Failures
bad weather In the West
Ketards business.

New York, Jan. 27.-Bradstreet's
says: "The improvements in business
and industrial lines. reported hereto
fore, continues to gain moderately
and shows gains from week to week,
although more conspicuously in manu-
featuring than in commercial lines.
rhis is Indicated by the report OF
siNty-two assumptions of more i'm
portant manufacturing establish
ments this week compared with
seventeen shut down. and by
the total of $50. pr. 600. the bank
clcarings OF the week at ffty-four
cities, which is nine per cent smaller
than i'm the preceding week. and
three per cent smaller than in the
like week last year. The sudden and
severe change in the weather has
checked shipments of merchandise to
many Western and Northwestern
points. although orders for ~seasonable
goods have. in many instances, been
increased with the cold and the storm.
Reductions in wages continue, and
about a quarter of them are of twenty
per cent. the rest ranging from seven
to seventeen per cent. In no direction
are quotations of manufactured pro-
ducts higher but while some have
|rcuatly declined. the general tone is
somewhat stronger.
stocks of general merchandise at
interior points. almost without eXcep-
ton. remain light, and although puI-
chascs from jobbers are generally
from near by. the accumulation of
these is aggregating "A considerable
volume. Not the least significant is
the increasing demand for loans at
Chicago banks. More conspicuous in
crcascs i'm sales by the jobbers are of
dry goods. clothing, shoes and hats,
while improvement in the industrial
situation is shown from Newark and
Pittsburg. There is II much better de-
mand for iron. although at cut prices,
and quotations in some lines of iron
and steel are below figures at which it
was supposed possible to produce.
Sales of raw woods are larger, notably
as Boston. although quotations are
shaded,
"Stocks of available wheat decreased
in the United States. both coasts, last
week. 10000 bushels; in Europe and
aloat for Europe, 49,, 900 bushe Is. and
increased i'm Australia 1000. 900 bush
D Us lAtAAlHAn VI AhAANAA Nv Nv
months Of the current cotton year are
about G.07j, 900 bales. fifteen per cent
more than in the corresponding period
last year
Bradstreet's annual analysis of more
than 1900 business failures in the
United States and Canada last year
shows q net gain of more than 5000 in
the total business population in the
United States in 1898 compared with
1892, Notwithstanding panic and de-
preston during seven months of last
year. The gain in 1892 over 1891 was
about 5000. Lack OF capital, direct
effects of the financial crisis; incom-
pctencc and fraudulent disposition of
property account for so per cent of
the failures last year, and in the year
before the proportion of failures due
TO speculation outside of regular
business. to personal extravaganza,
TO fraudulent disposition of property
and undue competition YVES smaller in
1898 than i'm 1882.
Exports of wheat in the United
States and Canada, both coasts flour
included as wheat, equal 2,O47, 200
bushels this week, nine per cent less
than last week, but sixteen per cent
more than in the week a year ago and
fifteen per cent less than in the week
two years ago,
The total number of business fail
ures in the United States fell of
heavily again this week, the totaI
being BIS against i0i last week, 3O2 il
the like week of 1893 and 2i9 in 1892