The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1894-09-22
FINANCE And TRADE.
The Commercial Agencies Review
Of the Business Situation.
ATENTH LARGER THAN LAST YEAR
Business, However, Falls About Twenty
flve Per Cont. Below n Full Volume for
the season-surprisingIy Good Reports
from the south and west

flve Per Cent. Below Full Volume for
the season-surprisingIyG Good Reports
from the south and west
New YORK, Sept. 22.-R. G. Dun G. Co. IS
weekly review Of trade says: Plenty of
material for encouragement, and also for
discouragement, cM be found BY those
who seek that and nothing else. But
business men who want to see the situa-
tion exactly as IL is find accounts so far
conflicting that 1t is difficult to strike a
balance. In the aggregate business is
about tenth larger than last year, but
still falls aboutH5 per cent below full
volume for the season.
The iron business, after its great in
crease of output last month, shows dis
appointing weakness at all eastern and
central markets, with consumption not
large enough to keep fairly employed the
mills in operation. In textile fabrics there
has been a distinct decrease in trade, as
initial stocks for the next season have
been ordered, and dealers are now wait
ing for the retail trade to give encourage
ment for further purchases.
The strikesat Fall River and New Bed
ford have not ceased, and about a dozen
cotton mills have gone into operation
elsewhere, several with reduced wages,
but the orders for the present are narrow
and much smaller than usual, although
recent advances in price are maintained.
The demand for wooden dress goods is
better and will occupy some mills until
December
Breadstuffs are weaker, possibly be-
cause the government official report went
40 far in predicting short crops as to cause
reaction in opinion.
Failures in two weeks Of September
show Liabilities of only 1867, ,764, of which
s069,7l6 were of manufacturing, and
81, 100, 04s of trading concerns. Failures
during the week have been 212 In the
United States, against s2l for the same
week last year, and in Canada AZ, against
40 last year.
Bradstreets' review says: The condition
of general trade this week Is an improve
ment over one week ago, in that favorable
features reported then have been main-
tanned The surprisingly good reports Of
business south, and, with some excep-
tions, west, are indicated by our special
advices from Baltimore Nashville Chi
cago, St. Louis, Portland, Ore, and San
Francisco. Baltimore jobbers in all lead
ing lines report the volume of merchan-
disc distributed In excess OF expectation,
especially dry goods in South Carolina,
Georgia and Alabama, except in fruit and
coal regions Other southern products be-
Ing In good supply, orders continue lib
eral and mercantile collections easy.
Nashville, while reporting no improve
ment over favorable features made last
week, notes their continuance, and that
collections are prompt Activity reported
In almost all lines at Chicago week ago
Is continued, merchants being satisfied
with the volume Greatest activity is
shown in dry goods, clothing, millinery
and shoes. Wool, too, is active one lot Of
100000 pounds having been sold to Rhode
Island manufacturer. st. Louis manu-
facturers and jobbers of clothing and hats
report business heavier than in their pre-
ceding experience In like periods.
Gains in volume of business at leading
eastern cities in the preceding fortnight
are generally maintained. Neither Buf
falo nor Pittsburg announce gains or re-
actions, except in prices for metals. Phil
adelphia textile manufacturers are only
fairly busy, relatively active trade in
other lines being in dry goods and no.
tions.
Charleston telegraphs that general
trade is fair, without new features; Chat
tanooga, that there has been some slight
Improvement in business; Memphis, that
business is quite active, especially in dry
goods and groceries; Atlanta, that col
lections are freer and trade improving;
Savannah, that the volume of business
continues to improve. Dry goods jobbers
at Augusta have been doing larger
business than for some time previous.