Evening journal., 1894-08-11
AN UNCERTAIN MARKET.
There Has Eeen an Increase of Business II
spite OF This.

spite OF This
NEW vogK. Aug ll.--R. G.. Dun &
Co. g weekly rovicw of trade says today:
With Changes every hour I'm the prospects
about tho tariff and decision expected
every day, business has unpleasantly re-
scmhlod gambling. Orders and purchases
havo teon largely based upon individual
opinions regarding the legislative out
come, and a vast amount of business has
Loon deferred because tho decision was
yet In the future. Tho accommodating do
mand which hns stimulated trading and
manufacturing within the past week OF
two represents TO great extent needs
which have been postponed waiting for
u sc..loment but Ncan be postponed no
longer
Thus both the rush of deferred business
I'm many lines and the scantlness Of new
orders reaching into the future reflect an
unnatural state of things which cannot
be expected to continue, and while the
volume of business Is larger than the ox-
listing condition of uncertainty warrants
it is in sense but % shadow of the larger
business which should come with re-
moval of uncertainty
I'm such circumstances the present in
dications and conditions are cs compare
vance In corn disclosos general belief
that the injury to this most important
crop has been so great as co affect materi-
ally the traffic of railroads, the domand
for manufactured products and the cost
of mcats for the coming yenr. Unless tho
markets deceive and ara entirely deceived,
the country has to faco q real calamity in
the loss of something like 800. 600, 600
bushels of corn, and this loss consumers
have 90 share through the advance Of IA
ccnts In two weeks and 9 cents since Fri
day OF last week Neither official not I'M
official statements as yet preclude tho
hope that the loss may provo less serious,
but at current prices 1000, 600, 00O, 600
bushels would cost as much as . 200, 600, o.
00O 600 bushels would cost fortnight
ago.
The iron and steel manufacture records
a great increase of noarly 80 600 tons in
weekly output I'm July and the produo-
tion Is ll0, 3a6 tons weekly, about II, 900
tons less than i'm April, but 5000 tons
moro than year ago, when the prostrN-
/ tlon had nearly reached It's worst Tho
decrease I'm unsold stocks was only 6, 1877
tons for the month, showing a consump-
| tion I'm manufacture not quite equal TO
che present output. Prices sustain this
| view, having changed only In the diroc-
/ tion of weakness, and tho disappointing
demand for finished products is still tho
main factor. Minor metals are on the
whole weaker
Tho business in boots and shoes is strong
and healthy. though conspicuously connn-
cd Go medium and low priced articles, such
as % cent Shoes for mems and 90 TO go
cents for womons wear, but shipment.
! from Boston have been In two wooks 1865,
eos cases against l22, S26 last yenr
People cannot go naked even if congress
is slow. Demands for textile goods clear
ly represent exhaustion of stocks and con.
tinuing needs for consumption I'm the
main, though there has sprung up quite
q speculative business on the possible fail.
urc of tariff legislation. Lower prices in
some cotton goods have encouraged larger
operations, and the proposed reduction OF
wages at Fall River is now announced.
as yet without clear indication whether II
is TO be followed by a strike.