Warren sheaf., 1894-11-01
BUSINESS INDICATIONS.
They Arc More Favorable Than The
Were . Week Ago.

V0ey
Were Week Ago.
New YORK, Oct. 29.-R. G. Dun &
20. s weekly review of trade says:
Engrossing political excitement in many of
tne states causes q natural slackening in some
KINDS OF business. But on the whole business
indications are rather more favorable than
tney were week ago. Gold exports have
ceased, quite number OF mills have gone
into operation, and the demand for products II
not equal to that Of prosperous years, Is bet
ter than 1t has been most OF the time this
year The prices OF farm products do not i'm
prove much, and there are still some strikes
70 resist reduction Of wages, SO that the
purchasing power of the people cannot
have materially increased, but there
Is more hopeful spirit which
prompts greater activity. On the other hand,
the record OF past transactions is somewhat
less favorable than of late. Payments through
the principal clearing houses throughout the
country show decrease OF LIZ per cent COM
pared with last year, and decrease Of 21.9 per
cent compared with the same week In 1892 the
decrease for four weeks being 1913 per cent
Cotton has sold at 581 cents for middling
3uplands and the large receipts at such low
prices indicate clearly that the crop will at
least be close to the largest, If not the largest
ever produced. The anticipated settlement
OF difficulties at Fall River has not been real
lied, and at present good many spindles and
looms are idle. 1t is interesting that, in spite
Of the low price Of the principal southern crop,
manufacturers and wholesale dealers report
rather more Improvement in trade with the
south than with any other section
The wheat market is a quarter lower, and
nothing appears to justify any important
change Corn is higher. without any very
clear reason, and 1t is noteworthy that at the
same time pork is 75c lower-lard, 35c per 1Ol
pounds, and hogs 4Oc lower The contrast in
dicates how little the provision market de-
pends at present on natural relations of sup
ply and demand.
Industrial accounts are on the whole en-.
5couraging. The boot and shoe industry leads
in Improvement, actual shipments from the
east being larger than In any previous year.
The demand for wool Is not as large as 1t has
been. Prices were put down before the new
tariff took effect. so that results of foreign
competition are felt mainly in reduced sales
Of some domestic woods. Almost nothing Is
doing in spring woolens for mems wear, but
manufacturers are more encouraged to believe
that, as to large share Of the cheaper goods
they can meet any prices that foreign mills
may make.
ut is still, as it has been for some months
very encouraging fact that the volume OF
commercial failures is small. Reports for the
three weeks of October cover liabilities OF
only 5.639741, of which S. 629 671 were OF manu-
facturlng and &2.9o7o67 Of trading concerns
The failures for the week were 23l in the
United States, against 352 last year and 81 in
Canada, against Al last year"
Bradstreet's says:
merchants interviewed In various portions
OF the country report in some instances the
condition OF business as not having rea aized
anticipations and at other points that the re-
cent bright outlook for trade is modified
Such advlces are based in part on the pra ctical
conclusion OF the fall trade and delays in de-
mand for holiday goods. General trade con-
,inues checked throughout some portions OF
the regions supplied by Kansas City, ST Louis
Omaha. Minneapolis and St Paul, due to un-
seasonably warm weather."