Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1894-11-08
BUSINESS OUTLOOK.
Indications Are More Favorable
in the Commercial World.
Trade Retarded by Political Excitement
some STANDARDIZATION of the
Cotton and Grain Markets
Fewer Failures.
New York, Oct. 27.-R. G. Dun &

NEW YORK, Oct. Pr. G.. Dun &
Co.'S weekly review OF trade says:
"Engrossing political excitement in many of
the states causes natural slackening in some
kinds Of business. But on the whole business
indications are rather more favorable than
they we're q week ago Gold exports have
ceased, quite a number OF mills have gone
into operation, and the demand for products, II
not equal to that OF prosperous years. is bet
ter than IL has been most OF the time this
rear. The prices of farm products do not i'm
prove much, and there are still some strikes
20 resist reduction Of wages, 50 that the
purchasing power OF the people cannot
have materially increased, but there
is 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 show a decrease Of 1.2 per cent. COM
pared with last year, and decrease Of 21-9 per
cent compared with the same week in 1892. the
decrease for four weeks being 29.s per cent
Cotton has sold at 5sI cents for middling
uplands and the large receipts at such low
prices indicate clearly that the crop will az
least be close TO the largest, II not the largest
ever produced. The anticipated settlement
Of difficulties at Fall River has not been real
ized, and al present good many spindles and
looms are idle II Is interesting that, In spite
Of the low price of the principal southern crop.
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 higher without any very
clear reason. and Il Is noteworthy THAI at the
same tiTue pork is 75c lower-lard. S5e per 100
pounds, and hogs f0c lower The contrast In
dicates how httle the provision marketable
ponds at present on natural relations Of sup
ply and demand
Industrial accounts are on the whole en-
eouragjng The boot aud shoe industry leads
in improvement actual shipments from the
east being larger than in any previous year.
The demand for wool IS not as large as IL has
been. Prices were put down before the new
tarin took effect. SO that results OF foreign
competition are felt mainly In reduced sales
OF some domestic woods Almost nothing Is
doing Ia spring wooIeus for mems wear but
manufacturers are more encouraged to believe
that, as to a large share NJ the cheaper goods,
they can meet any prices that foreign mills
nav make
1T is still, as it has been for some months.
a very encouraging fact that the volume OF
commercial failures IS small Reports for the
three weeks Of October cover liabilities OF
only s5.6se74l. Of which 2,ee9 67l we're OF manu-
featuring and 1857 S67 OF trading concerns.
The failures for the week were 23i IL the
United States, against s59 last year and So in
Canada. against ~ last year
Bradstreet's says:
Merchants interviewed in various portions
of the country report In some instances the
condition Of business as not having realized
antcipations and az other points that the re-
cent bright outlook for trade Is modified
Such advloes are based In part on the prastieal
conclusion Of the fall trade and delays In de-
mand for holiday goods General trade con-
tinues checked throughout some portions Of
the regions supplied by Kansas City. St Louis
Omaha Minneapolis and St Paul, due to un-
seasonably warm weather"