The Irish standard., 1894-11-03
B BUSINESS OUTLOOK.
Indications Are More Favorable
In the Commercial World.
Trade Retarded by Political Excitement
In Some States--(o condition of the
Cotton a;ld Grain Markets
FEWER Failures.
NEW YORK, Oct. a7.-R. 6. Dun &

NEW YORK, Oct. 27.-R. 6. Dun &
ca. Is weekly review OF trade says:
"Engrossing political excitement in many OF
the states causes a natural slackening In some
kinds OF business. But on the whole business
indications are rather more favorable than
they were week ago. Gold exports have
ceased, quite q number Of mills have gone
into operation. ana the demand for products. il
not equal to that Of prosperous years, Is bet
ter than it has been E2ost of the time this
year The prices Of farm products do not i'm
prove much. auG there are still some strikes
to resist reduction Of wages. so that the
purchasing power Of the people cannot
have materially increased, but there
is a more hopeful spirit which
prompts greater activity. On the other hand
the record Of past transactions is somewhat
less favorable than OF late Payments through
the principal clearing houses throughout the
country saow a decrease Of IL per cent. COM
Pared with last year, and decrease OF 21.9 per
cent. pared with the same week in 1892, the
decrease for four weeks being 29.S per cent.
Cotton has sold at 5el cents for niddling
uplands, and the large receipts at such low
prices Indicate clearly that the crop will at
le.1st be close the largest, il not the largest
ever produced. The anticipated settlement
Of difficulties at Fall River has not been real
lied. and at present good many splndleS and
looms are idle. 1t is interesting that. in spite
manufacturers and wholesale dealers report
rather more improvement in trade with the
south than with any other section
The wheat market is a quarter lower. and
nothing appears TO Justify any important
change Corn is high"r, without any very
clear reason, and il is note worthy that at the
same time pork is 75c lower~-lard, 35c per 100
pounds, ana hogs 40c lower The contrast In
Gicates Aow little the provision market de-
ponds at present on natural relations OF sup
ply and demand,
industrial accounts are on the whole en-
courag;ng The boot ind shoe industry leads
in Improvement, actual shipments from the
east heing larger than III any previous year.
The delnand for wool IS not as large as 1t has
been Prices we're put down before the new
tariff took effect. SO that results of foreign
competition are felt mainly III reduced sales
Of sor,e domestic wools Almost nothing Is
doing ia spring wOOIens far mems wear, but
manufacturers are more encouraged to believe
that as TO a. large share Of the cheaper goods,
they can meet any prices that foreign mills
may make.
1T is stu, as it has been for some months,
q very encouraging fact that the volume OF
commercial failures is small Reports for the
three weeks Of October cover liabilities OF
only S. $40 al, Or hich S., 500 671 we're OF manu-
featuring and SIS .o57 OF trading concerns
The failures for the week were 23l il the
United states against so2 last year ana o. In
Canada against A last year
Bradstreet's says:
merchants Interviewed In various portions
OF the country report In some Instances the
condition OF business not having realized
sntfci pations and ut other points that the re-
cent bright outlook for trade is modified
Suctl at'v,ces are based in part on the praotical
conclusion Of che fall trade and delays in de-
znan6 FOR holiday goods. General trade con-
1inuss CHECKED throughout some portions OF
the regions supplied by Kansas City. St. Louis,
Omaha minneapolis an1 ST. Paul, due 70 I'M
EsAaonaoly warm weather.