The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1894-06-30

The Railroad Strike Now Inter-
feres with Resumption.
LIMITED DEMAND FOR PRoDUu IT'S.
Though the Resumption Of work In Mines
Rnd MILLS Has Made Good Progress, the
Unrest Of Labor Rctard a Rapid Return
TO Normal Conditions

10 Normal Conditions
NEW YORK, June 30 - X. G. Dun's
weekly review Of trade says: The great
strike Of coal miners has ended az most
points, but another threatens to interrupt
business more seriously for time T~avel
and traffic are well nigh arrested Oh about
twenty western roads already, and strikes
are threatened Oh all roads which use
Pullman cars On the whole other changes
during the week have been for the better.
Many manufacturing establishments
which were stopped for want Of fuel have
resumed, the depletion Of the treasury re
serve has been checked by the voluntary
deposits Of gold by New York banks, ex-
ports Of gold have almost ceased, congress
has made much progress toward final dis
position of the tariff question aud crop
prospects grow better as the harvest draws
nearer.
The resumptio on Of work in mines and
mills has made good progress, but the de-
mand for products is as yet smaller and
less urgent than was expected Buyers
apparently wait for lower prices Of iron
and steel products, which manufacturers
are slow to give, in view Of the increased
cost Of materials and production. After
a suspension of half the working force
for more than month IL was expected
that orders for products would be very
large, but instead there is general com
| plant of dullness and narrow demand.
| Although the working force has evidently
| increased, several establishments have
stopped for want of orders or because no
settlement regarding wages for the com
| ing year has yet been reached.
Textile manufactures are much embar-
rassed by the near approach OF the proba-
| BILE change in the tariff, the effect of which
cannot yet be calculated, In spite of this
reason for deferring orders and purchases
| the number of mills quitting work is not
| yet as large as was expected, for there APP
pears little more demand from clothiers
and jobbers
| This week the failures have been PA in
| the United States against 3O7 for the same
week last year, and 35 in Canada against
| q last year. The number and import
ance of failures have increased little, as
| is usual near the close Of half year.
Bradstreets' review says: While there is
| no actual improvement in business
throughout the country, there are more
favorable prospects and better feeling
| among merchants, with an increased
| number OF instances where trade has been
| stimulated. The ending of the great
| bituminous coal strike is promptly fol
lowed by sympathetic strike of railway
employees, which threatens disastrous ef
feet on business by reason of interference
with distribution and travel. Losses OF
perishable freight in transit are already
reported Other unfavorable features in
clude conference of Rhode Island cot
ton mill owners as to the advisability o.
shutting down, owing to accumulation o.
stock; heavy arrivals of woods at eastern
markets, where stocks are already large
delay in settling the coke strike, which
prevents many industrial establishments
from starting up; an extremely restricted
volume Of business among wholesale deal
ers in clothing at Baltimore, 43 per cent
of what it was in the first half of las
year; delayed orders from country mer
chants in Georgia and South Carolina
where crop damage has been threatened
} and sharp restriction in the volume o
general trade at Chicago, where the rail
way strike centers.