The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1894-06-18
HEI TER DAYS HEAD.
Failures Are Decreasing in Number and
in, ipt,i

In Liabilities.
New York, June 15.-R G.. Dun 6, Co.'S
weekly review of trade tomorrow will say:
1.-THE strike of bituminous coal miners will
end Monday wherever the authority and
advice of their general organiza ton can
end it, and there is little room to doubt that
the coal famine will then begin to abate.
Some time must elapse, however, before
supplies of fuel will enable all works to
resume that have no other reason for sus-
pending production. Meanwhile the de-
mand for products is so slack that it seems
questionable whether as many hands will
md employment before the end of June as
were employed in April. The actual out
put Of pig iron weekly June list, was only
o1'5l7 tons, against 1926, 1872 April last and
l'bo29 q year ago. but the reduction of
z4o'ooz tons in unsOld stocks indicates that
quantity nearly double the output has
peeh taken for consumption. If there were
orders to continue manufacture at that
rate resumption of over two-thirds of the
LUZ capacity of works would not be long
delayed. But the eastern demand is, on
the whole, disappointingly small. and in
the central region the termination of the
coAe strike is essential, but not yet as
9uieC' AL the west a larger demand and
greater activity appear, and q heavy bust
ness is likely to follow the removal of
the obstruction. The wooden mills are
closlhS rapidly. 1t is assesrted that scarce
~ any nave orders to occupy them beyond
July ISL IN mems wear, but in the demand
Tor dress goods a somewhat better tone is
perceived.
ufther concessions have not enlarged
the demand for cotton goods, and the re-
cent report that production has been close
to last years is said to be based upon re-
turns from only the more fortunate mills.
mat goods are accommodating is evident,
puL Sales nave been distinctly improved
with the weather
Exports of domestic products in Nav
showed decrease in all the principal
classes excepting provisions, the aggregate
pelnS $3ISZ3,n2, against $f4, 81 Alb lasts year
out more than $1,000, 900 of the decrease in
value IS found to be due to the fail in
prices Exports from New York for two
weeks of June have been per cent larger
in value than last year while in1norts at
ms point nave been is per cent smaller.
Comparison of exchanges with last year
dione are no longer instructive, but the
dally payments through the principal clear
ing houses for the first half of June have
averaged $l2S, 100000 against $162 700 900 last
year, and $171, 0000 for 1892 Owing to
the fall in prices about this time last year
comparatively little of the difference in
the value Of payments can now be at
tributed to the difference in prices of COM
modities, but it cannot be judged how
much may be owing to the strikes and their
consequences.
Gold exports have diminished to So $50
600 for the week, and sales of foreign ex-
change to mature about the end of July
indicate some borrowing from Europe
against products TO be exported. little
more commercial paper from jobbers is
also found by the banks, but the food of
money from the interior has not ceased
though the time for moving crops draws
near.
"Whe business is narrow it is COM
paratVely free from losses by failure.
Ij1l Tod in fcf I,,,,
the first week in June were only 81, 507 DDS
of which &76. lis were of manufacturing
and $l,S72261 Of trading concerns. The ag-
gregate liabilities thus far reported in fail
ures in May We're but $13,514 go, of which
$5.1i6,025 were of manufacturing and $6,912-
302 Of trading concerns. The number of
failures this week has been 232 in the
United States, against 916 last year, and
40 in Canada. against 81 last Year"