River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1894-05-31
THEY DIFFER.
Dun and Bradstreet at Variance In Their
Trade Reviews.

NEW YORK, May 2s.-R G. Dun &
Co. IS weekly review of trade saws:
storms and floods prolonged strikes and
large exports OF gold have done their utmost
this week to give business a vacation. But
wants unsatisfed during the last year. belated
and much lessened, and yet greater than those
OF any other nation. have caused volume OF
trade quite large for the season. Prices of
products still tend downward without much
speculation.
1T is not surprising that farmers retain
wheat at present prices where they can Corn
has been stronger. notwithstanding large re-
ceipts and insignificant exports. Cotton has
recovered shade. TO ~ cents. though re-
ceipts for the week were nearly as large as
last year and exports much smaller. Pork
products all declined with heavy receipts, and
coffee is also lower. The astonishing cheap
ness Of wheat and cotton win affect the rapid
ity OF the movement in the fall and also win
directly lessen the amount OF money required
in moving the crops
While the iron industry especially and many
others to some extent have been restricted by
scarcity OF coal and coke the number OF works
resuming nave been greater than the num-
Der stopping from other causes. But il is
symptom not 10 be overlooked that
the demand for manufactured products instead
OF increasing appears for the moment rather
smaller than before, and Indifference OF buyers
is shown in cancellation OF orders hitherto
gwen II - Whiting etdSDNs nut tue posi-
tion to wait is this year much intensified.
Failures diminish In importance. the
amount OF liabilities for the third week in May
being only e 204 1879, and for three weeks
r. $40 972. OF which s. 6l2 6s7 were OF manufac-
turing and 5.025 OO7 OF trading concerns. The
number OF failures reported this week is 1888 In
the United States. against 259 last year, and in
Canada 2s, against IL last year, and again there
are noted scarcely any of Importance"
Bradstreet's view of the situat ton
appears not SO rosy as that OF Dun &
Co. 1t says:
The unfavorahle conditions prevailing in
commercial and industrial circles throughout
the country, together with the prospect for no
material improvement during the summer mark
the present season probably the dullest,
relatively. for twenty years. At no time since
panic and business depression manifested them
selves last year have reports as to the volume OF
sales OF merchandise the manufacture OF staple
goods. and indisposition OF merchants generally
to buy except for absolutely immediate wants
been so pronounced and so general throughout
the country as during the last few weeks SUI
perticial examinations Of business conditions
leading to unwarranted optimistic conclusions
as TO the future OF trade have not been want
ing; but, matter Of fact. based on compre-
hensiye and careful examination. the next few
months promise a continuance IL not an inten-
styling of existing conditions of extreme dull
ness and depression.
Quite unfavorable advices come from Pitts
burgh, where there are numerous shut-downs,
involving large numbers OF men. The total
number Of industrial employees Idle as a result
OF coal scarcity is placed at 35 coo and the total
idle number on account Of the strike. which
now appears likely TO fail, is 10000, In other
industrial lines 25 900 men are reported idle as
a result of strikes making the total number
now idle 235000. An encouraging industrial
feature is the probable settlement of next sea-
sons iron and steel wage scale without a
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