The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1894-10-04
BUSINESS NOT NORMAL
FAILURES FEW.
Volume Of Trade 20 Per Cont Below tho
Average OF the Season.

II. q. Dun & Co.'S weekly review OF trade
says:
Special inquiry has been made this week
at all commercial centers regarding the state
Of retail trade. Wide diversity appears in
different trades The main facts disclosed
are! First. marked improvement within the
past month anu a considerable excess over
the business done u year ago, particularly In
the toct tssarie- Of lite. But, second, 1t ap-
Icurs that the volume OF trade at present Is.
on the whole. considerably less than In a
normal year and in the more important
trades is apparently about 20 per cent.
smaller than ia September, 1892.
Evidence OF continued Improvement In
Wholesale trade and manufacture does not
appear this week. There Is large distribu-
tiun on orders given some time ago but new
business going to the manufacturers Is every
where slackenIng. The completion Of orders
Tor repenishment OF stocks leaves q narrower
demand. and II ~ yet too early for consump-
ion To provide further orders.
The depression in prices OF farm products
will have some influence. Unprecedented
records have been made in cotton and wheat,
though rs 10 wheat only In contracts for fut-
urr delivery, IN which the prices are the low
est ever made. The available stocks are
about 10000 600 bushels greater than n year
ago. AMI western receipts for the week were
5.252. 1l6 bushels against 6, .03s last year.
and since August /. 81 .OO0, 900 bushels against
3soOO.0OO last year. The Atlantic exports
for the week and since August have been
about a third smaller than last year. but tho
iall Ia price during the week has Oeen 10
cents
Cotton on the spot is lower at G.44 cents
than at any other time since lSig and quota
tious then did not mean what they do now,
while the ncarcs; option has been quoted at
G.Ui cents, which is below all prcyions record.
Even at the close the fall for the week Is "a
cent. An estimate Of 100000 bales mini
mum this year has Influenced the market, but
would receive less attention ~ stock In sight
were not heavy. while all agree that this crop
Is likely TO exceed the worlds requirements
Of American cotton.
1t j. encouraging tina; the speculation in
corn las broken. and the price has fallen 8
cents, less gloomy estimates than these Of
the department having gained general ac.
certanvc. II il now supposed the yield IS
not far from l,500.0 600, 900 bushels. which
Will compel much economy In feeding, but
speculation IN pork has also broken, aud the
price has fallen IS cents. while lard has de
chncd ~ cent
The iron industry shows a shrinkage OF de-
uHnd, and the prices quoted to-day are but
little above tie lowest this year. BessemeI
pis Is weaker az Sll at Piitsburg, with al
impression that excess OF production must
cause further decline unless lower prices ara
made for steel rails. Billets structural forms
and nails aIe II shade weaker, and in eastern
markets competition to get business
tends To destroy profits. There is more busi-
ness at the West. and Chicago reports a good
demand for sheets. for bar In small lots and
Tor coke pig though plates and boiler tubes
are weaker.
The boot and shoe manufacture continues
To lead Others IN comparative activity, and
shipments from Boston for the month have
been 33s,u9i cases, against 222, ,G23 last year,
and 22s. l06 in 1892.
Failures are few and small for the week
liabilities amounting TO s527S, 1885, OF which
S2,3S2,3l3 were of manufacturing and s2,
575, II. OF trading concerns. The failures
during the week have been 23g In the I'm. I'D
states hgains. J5s last yeu- 80 Ia Sises fs
against 80 last year. "Nl"