The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1894-03-10
BUSINESS OUTLOOK.
Some Improvement Shown ID the
Condition OF Trade.
"A Growing DemaDd in Many Llnes-Moro
Factories Resumed Than Closed Dur
Ing the Week-DecreRsa in the
Number of Failures.
SOME IMPROVEMENT SHOWN.

SOME IMPROVEMENT SHOWN.
New YORK, March 3.-R. u. Dun q
Co. weekly review OF trade says:
With no mere definite information than .
week ego regarding the outcome OF financial or
revenue disputes perhaps more people have
come TO the belief that the end will answer
their wishes. Certainly rather more are TAX
ing limited risks in business. especially in
stocks. substantial! basis Is the slowly
growing demand for goods caused by gradual
hss further enlarged the working force in man.
Nfactures.
Low-Priced Goods In Demand.
"More works have resumed or Increased
hands OF hours than have stopped or reduced,
but numerous reductions In wages continue to
lessen che purchasing power Of those at work.
The demand from distributors is almost exclx.
sively for medium or low priced WOODEN and
cotton goods, for 81 50 shoes and % boots and for
Ahoes rather than boots. Some statesmen and
sraders find indications that stocks OF the
htgner-priced goods remaining on hand are
much larger than usual. The bankers Judge
that much OF the demand for commercial loans
- virtually for renewals TO carry such uDsold
Atocks
Below the Usual Marx.
"ln Ill branches OF wOCien manufacture che
demand is yet far below the usu0l mark, but 1t
~ somewhat improved In worsteds and dress
goods, and leading mills have been taking wool
quite largely, so that IL three chief markets
the sales have oeen 1893, zoo pounds tor the
week, against 5l0s, 200 last year, In part be-
cause scarcely any foreign wool has been i'm
ported for months, ard supplies are short
Western markets are also broader, without Inn
Drovement in price
Receipts and Exports
"keceipts and exports Of wheat for the week
have been only about half last years, while
there is great Increase both in receipts and In
exports OF corn, but scarcely any change Is seen
In prices of these or other products. Cotton
recsipSs for the wee. are still slightly above
laat years The TALL in silver and the closing
of some mills hinder . rise in prices. Railway
tonnage from Chicago was but 81 per cent less
than last year, against Is per cent for Feb
Huary. Imports Of merchandise still show de-
sorease Of ~ per cent, while exports OF dones-
40 products for three weeks are per cent
larger ti,an last year.
Business Failures.
with the buying power OF the people nsces"
Aartly restricted, with many works idle and
wages much reduced, and approximations for
she future, there IL general economy. The
knost encouraging Tea ture Of the weeks record
la the continued decrease In number and i'm
purEanoe Of failures. For the third week OF
February liabilities thus far reported are only
g. 8e6. sA6 and for three weeks OF tho
mouth only sll,42o,41s OF which Is Q45, SAT
we're OF man ufactur!ng and o. 28l, 69S OF
trading concerns. The number reported in
February is 1.26o against 1850 in January. and
Coo OU0, against $40. 946. 497 in January. In No
veu1ber and December tho amount exceeded
GEO. 0CO,0V1 For the last week the failures have
ibSep a8t in the United States, against a@ last
year, and ~ IL Canada, against IS last year,
scarcely any being OF much importance,
Decr~ssed Volume OF Trat7sr
Bradstreet's report says:
STORMS and cold weather south and south
west have choked the Course OF business this
week, while west and northwe"t brighter
weather has had an opposite effect No bot
ter illustration of the necessarily halt
ding and irregular movement OF the vol
anne OF business at the beginning OF the
lrrproy enaens may he found than the
record OF the week, with Its decreased vol"
ume Of trade aud renewed unfavorable reports
from the south and the Pacific coast IN CON
trast with the more cheerful tone and increased
sales at mportan cities in the Ohio and Mls-
s1ssppi river valleys and in the northwest
Both Better aud Worse.
'"The general Industrial situation is both bet
ter and worsa There are thirty resumpticns
+of factories reported, contracted with TWO shut
downs: wages have been reduced at thirteen
establishments and fifteen strikes are An
nounced The latter ts = feat ure, noticeably ~
Paterson, N. j., whore 20C0 silk weavers have
struck for higher wages At time whom thou
sands are still receiving aid from tho cittzcns'
roltet committee. The general tendency Of
prices continues downward
Trade at Various Points.
"At Chicago the volume Of dry goods sslss As
sarger. There ars more buyers there, Ind tn-
creased demand IL reflected In sales Of cotton
dress goods, Shoes rubber, clothing and leather.
AT St Louis like influences have stimula ted tho
distribution Of dry goods hats and clothing.
while Kansas City and Omaha lobbers make COR
responding rsports, tho demand for light hard
waIe and agricultural implements being speed
Ned at these points Moderate gstns are an
nounced from Milwaukee aud Duluth while St
Paul iobbers report the most cheerful business
week for months with more country buyers
present aud larger volume OF sales OF dry goods,
hats, millinery and hardware"