Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1894-05-31
THEY DIFFER.
DUN and Bradstreet at Variance In Their
Trade Reviews. 80

~ j.
DUN and Bradstreet at Variance In Their
Trade Reviews.
I New York, May 28.-R. Dun s
Go. sweekly review Of trade says:
Storms and floods. prolonged strikes and
large exports Of gold have done their utmost
this week to give business a vacation But
wants unsattsfled 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. 49ssS
1T is not surprising that farmers retain
wheat at present prices whore they can. Corn
has been stronger, Notwithstanding large re-
ceiptss and insignificant exports. Cotton has
recOvered4a 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 1s also lower. The astonishing cheap
ness OF wheat and cotton will affect the rapid
lity OF the movement in the fall, and also will
directly lessen the amount OF money required
in moving the crops
while the iron industry especially ana many
others to some extent have been restricted by
scarcity Of coal and coke the number of works
resuming have been greater than the num-
Der stopping from other causes But it is
q symptom not to 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
given 1t is waiting season, but the DISPOSE
ton to wait Is this year much intensified
Failures diminish In Importance, the
amount of liabilities for the third week in May
being only Ss,s04, 139, and for three weeks.
~ S36,972 OF which 81 .642, 6S7 were of manufac-
turing and Is, OLE, O07 OF trading concerns. The
number of failures reported this week is 1888 in
the United States, against 259 last year, and in
Canada 90 against IA last year, and again there
are noted scarcely any of Importance
Bradstreet's view Of the situation
appears not so rosy as that of Dun &
Co. Itsays:
The unfavorable conditions prevailing in
commercial and industrial circles throughout
the country, together with the prospect for no
material Improvement during the summermark
the present season as probably the dullest,
relatively, for twenty years AT no time since
panic and business depression manifested them
selves last year have reports Us to the volume OF
sales Of merchandise, the manufacture OF staple
goods, and 1ndisposition 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
perfcial examinations Of business conditions
leading to unwarranted optimistic conclusions
as to the future OF trade have not been want
ing; but, as matter OF fact, based on compre-
hensive and careful examination, the next few
months promise continuance il not an inten-
styling Of existing conditions of extreme dull
ness and depression.
"Quite upfavorahle advices come from Pitts
hurgh, where there are numerous shut-downs,
involving large numbers Of men. The total
number Of industrial employees idle as result
Of coal scarcity is placed at 0OO and the total
idle number on account of the strike, which
now appears likely to fail, is 10000. In other
industrial lines $4,000 men are reported idle as
result Of strikes, making the total number
now idle $4,000 An encouraging industrial
feature Is the probable settlement of next sea-
sons iron and steel wage scale without q
Striken =