The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1894-10-18
THE BUSINESS SITUATION.
NO MARKED CHANGE.
Not Much Reliance in the Government
Crop Report.

II. q. Dun 4 Co.'S Weekly Review OF
Trade says; Business is still waiting for the
development OF retail trade There is a little
better demand In some industries but not so
good In others. Wholesale dealers in nearly
all branches arc halting because business
does not yet show distinctly what 1t In to be-
Lower prices for the great farm staples and
lower wages In some establishments hinder
purchase for consumption, while political un-
rest and uncertainty also have some rctard.
ing influence.
Meanwhile, large imports and small ex-
ports OF merchandise, with inadequate EN-
ployment for money here, are raising the
rates OF foreign exchange. so that possibili-
ties Of gold exports somewhat AFFECT the
stock market The halting attitude for tho
moment Is disturbing to those who have
looked for continued gain, though. rightly
considered, II IL the natural consequence OF
conditions which were TO be expected at this
season.
Tho Government crop reports are not
greatly trusted, and yet have an influence
and actually exagYerate the tendency toward
low prices, because they are supposed 20 put
all the crops too low. Men calmly reckon that
II the Government report indicates over
4OO.OOO 900 bushels OF wheat, the crop must
be over 800, 900. 900 bushels. The price is
slightly lower. Corn has been stronger, for
receipts are hardly quarter and exports
barely an eighth OF last years. and men Dues /.
tion whether the actual yield, II above the
government estimate, may not prove lower
than had been supposed. The cotton re-
turns are more confusing, but all point to u
yield so far above that indicated by the Cow
ernment that its statement has been followed
by further decline for the week OF one.
quarter. Tho receipts thus far hardly en-
courage extremely large estimates, aud vet
u Is to be considered that the crop was later
than usual.
The iron industry records larger produc.
ton in September than In any other month
this year; but ~ prices are gradually weaken
Ing, because OF insufficient demand for hnish-
ed products, some works are preparing to
close or shorten time.
The wooden mills still have numerous be-
lated orders fer fall goods, but the demand
Tor spring does not increase. though In nt arly
all the lower priced products domestic makers
appear able TO command most OF the business
that exists. Sales of wool have been 4,s77.-
$40 pounds, against 2, 500, 4j2 last year. and
1000, 900 in 1892, and prices are n shade
weaker for fine fleece.
Failures for the week ending October 4
show liabilities Of sl.7li, ,27G OF which Ss05.
$50 are OF manufacturing aud ssg2 3gl of
trading concerns. There have been 23i in
the United States against 393 last year; and
As In Canada against AZ last year.
An accumulation OF favorable features is
revealed In the telegraph reports to Brad
streets this week. While advices as TO the
most marked Improvement come from tho
West and South. there are some encourag.
Ing features also reported from the East.
and the net result OF last weeks business has
been further progress In the direction Of en-.
larged distr ibution.
Exports OF wheat, including -four as wheat
from both coasts Of the United States and
Canada for ak business days ending with
Thursday OF this week, aggregate 3,3i7 ,Oi0
bushels, which is compared with 32i3, ,00O
bushels sent abroad last week. 1852, 900
bushels In the second week OF October last
year; 3,625.000 bushels In 1882, and 1903, 600
bushels In 1891.