The Providence news. (Providence [R.I.]) 1891-1906, 1894-12-01
TRADE REVIEW.
Retarded by Disturbance in
the Monetary World.
Increase In Prices OF CereaIs-Busl-
ness in Canada Dormant.

NEW YORK, Doc. l.-R. q. Dun q Co.'S
Weekly Review Of Trade says; The COM
plete success of tho government loan and
the replenishmsnt Of the gold reserve,
have not psrceptibly affected business nor
prevented an advance of foreign exchange
near to the exporting point.
Meanwhile domestic trade and industry
have not been little influenced by the
heavy defslcation In one bank and minor
disorders In two 9th ers, nor by tho faiiore
of the Eric railway 10 meet Interest on Its
honda
The dosing of sugar rsflneries Will
diminish the Industrial force more than 10
II increased by the resumption of the
Bethlehem steel works and few other
concerns The controlling fact Is, that al
though IN two Instances wages have been
increased, the earnings Of the working
force and It's purchasing powers are not
on the whole enlsrsfng at present. and
prices Of the chief farm prsduots do NOT
materially Improve
whsat and Corn.
Wheat IL NJ cents higher than q week
ago. and western receipts still exceed last
last years, amounting since July to 103,-
So0, 600 bushels, against 100, 800, 900 last
year. while exports from all ports have
been about 81. 600 ooo bushels smaller. The
smaller quantity received last year paid
moro debts by about %, coo, 600 than the
larger quantity last year.
Germ has advanced n fraction, receipts
being larger than n year ago, and on the
whole the outcome for farmers has not so
improved az to promise large buying by
the west and south
Manufacturing Industries.
The great industries fairly maintain the
production previously reported, but cam
not DO expected TO increase as this season.
A few more iren works have gone into
operation, and the demand Is reported
larger, but there is distinct weakness in
prices especially at Pittsburg, and
Bessemer iron billets, nails and some
structural forms are quoted lower.
The raii com binAtion has agreed to q re.
duction Of "a q ton for the next year, coke
contracts are being made for the first
quarter Of 1898 NJ current rates.
The shoe industry continues to do re-
msrhrNbfy well for the season, and the
prospece for the spring business is fairly
good, although trouble aSout prices occa
sion some fdction.
In textile manufactures thsrs r. more
strength in priut cloths, but other cottons
are somswhst irregular ana weaker and the
WOODEN manufacturers stiil receives some
orders for wiptnr goods. but the defnand
for spring goods 10 much retarded By una
voidable delay 10 filing orders.
Cotton reached Q CENTS last Saturday
and has reacted e-i6 eentA s<tsr week Of
heavy spsouiasiso.
Failures and Liabilities.
The liabilities in failures for the third
week In November were s2, sas, 981, against
e., es5, ,67o for the same weef last year. The
decrease was all In manufacturing, of
which liabilities were tolo, against
81 $50, ,o2Y last year, while Of trading con-
Germs liabilities were sl,eo5,ooo last year.
For three weeks of November liabilities
have been esoso, 40. against si7. .os7, ,i47 last
year.
Failures this week in the United States
have been eco, against 27l for the cor
responding week Of last year.