Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1894-12-22
TRADE REVIEW.
run and Brndstreet Outline tho Business
situation.

New YORK, Dec. 15.-R. G. Dun e.
Co.'S Weekly Review of Trade says:
"Dun's Review is enabled, by the kindness
Of several thousand manufacturers who have
forwarded statements of their pay-rolls for
November this year, In 1898 and In 1902, to
make very encouraging comparison
OF earnings for that month, which
shows an increase in total payments
of 10 per cent over last year, but decrease
of 1873 per cent In comparison with 1892. The
accompanying statement of hands employed
shows that in the establishments 1912 per cent
more persons were employed than year ago,
but s. o per cent. less than in 1892. The average
earnings for over 100000 hands is 4 per cent
larger than In 1893 but is l4S per cent. less
than in 1892, and this statement takes no ac-
count of hours of work in the months compared
or of the establishments not working Mt all
this year. In some of the industries more
hands are ut work than in 1892, but In others
the decrease is large
Contradictory changes In business are quite
in order at this season. Neither the larger or
ders in some branches, nor the depression OF
prices In others, afforded n safe indication OF
the general movement. But the working force
does not lessen more than usual for the time
of year, the demand for goods does not seem to
diminish, though in most departments 1t Is
considerably below the capacity OF works in
operation, and the volume of business trans
acted Is little larger in comparison with last
year than In November.
THE speculative markets have advanced
little, though reasons are hard to find. Wheat
is unchanged in price; is II fraction
weaker without any important change in move
ment; the heavy receipts Of cotton have broken
down the price to $40 cents in spite of strong
speculative interest looking for some recovery
from the lowest point on record; stocks have
slightly Observation-Disclosures 80 cents per share
though trust stocks declined "a cents per
share, but the tone of the market is quite weak
-
which has passed the house, will become q law
and may help the granger roads.
THE detailed reports regarding the chief
industries are not altogether encouraging.
The iron output increased during the month of
November, but the increase in stock unsold
indicates that the increase in production dur
ing the month of November was not supported
by the demand for products. Accordingly
prices have been declining.
I'm boots and shoes the shipments continue
to exceed those of last year, according to the
Shoe and Leather Reporter, and new orders
are coming in fairly, but the endeavor of the
manufacturers to obtain slight advance in
prices has caused hesitation, and in some quar-
ters reduction or cancellation of orders.
The textile manufactures are on the whole
weaker, although sales of wool for the past
week. in part for speculative purposes have
been larger than one year or two years ago.
The orders for spring woolens did not mate
rally increase, bl the current demand for i'm
mediate shipment continues unusually large.
Cotton goods are demoraliZed by some reduc-
tion.
Money comes to New York in large
amounts. Hardly ever has there been as little
call for strictly commercial uses as ut this
time Exports of gold for the week will
amount to s3,5 900, and there has been con-
siderable selling of American securities on
London account and as long as this continues
out goes Of gold must be expected.
IA I'm 1urinu ba m
swelled by many misfortunes at the south, ap-
parently due to the extreme depression in cot
ton so that the liabilities for the first week of
December amounted TO S4,0S6sG6 of
which Si,427,4l5 were of manufacture
ing and s24Ol,451 OF trading con-
Germs. the aggregate for the corresponding
week last year being A,76l 400 For the month
Of November the complete statement OF la
bilites covers sll,0 ,306 of which S3,2s2, 500
we're of manufacturing and S6SO,O50 were Of
trading concerns. The failures for the past
week have been 349 in the United States.
against 3S9 last year, and 40 in Canada, against
! 40 last year"
Bradstreets says:
"There is the expected slackening in whole
| sale and jobbing lines customary Immediately
preceding Christmas holidays At some points
stock taking has begun and ut others will
soon begin. With few exceptions, sales of
Christmas specialties, notions and fancy gro-
ceries by jobbers and at retail show the only
activity in the movement OF merchandise and
no improvement is expected until the new
| year.
"All larger eastern centers except Pitts
burgh and Buffalo report trade quiet or dull.
| Throughout the northwest, including Detroit,
Chicago, Milwaukee, Minneapolis, st. Paul
and Duluth, the volume Of business has with
occasional exceptions, been smaller than usual,
due to unreasonable weather. Cities through
out the central west and farther west report a
/ NTn1st trnH NNrtf nf
! improvement this month Restriction has
been noticed in distribution OF clothing, shoes,
rubber goods, pig iron and light hardware.
| General trade south is very quiet, except for
Christmas specialties. On the Pacific coast
general business is rather better than previ-
ouSly."