The morning call., 1894-08-04
Good for Rusinass.

NEW YORK Aug. 3.-R. e. Dun Il Co.'s weekly
review of trade tomorrow will say: An important
change in the state OF business is near at hand
Congress will act on the tariff question one way
or the other in all probability within week If
it passes the pending bill, If it fails in either
case the definite bas for future business will Gu
able many 10 act who are now waiting. Whether
the one course the other would stimulate the
greater increase. 1t is certain either would give
relief from present paralyzing uncerta ainties and
cause somn increase In business at least for time
80 much business has been deferred during the
past year, and merchandise stocks have Teen so
reduced, thar the mere approach of a decision
without Certainty what IL is to be, encouraged
large preparation for Increased business. In spite
of outgoing gold aud sinking treasury reserves
small railroad earnings, some injury to crops and
increased trouble in the coke regions. the tone
and the outlook are more hopeful
The injury to crops by hot winds ana drought
il as great as some report, will affect all interests
but at this season it is never easy to distinguish
between local and general damage.
Western receipts of wheat 6,40O254
bushels, against 4OO2, 6eo last year which do not
were only l,599563 bushels from Atlantic ports
against 3, l85,464 last year.
Corn exports were only / l6,43S bushels against
1893, ,7Sl last year; receipts l.952.S43, against
2,532.976, but It seems undenIable that the crop
has sustained considerable injury. Sales of
wool were S.522,000 pounds, against 3,742,O50,
last year and 1884 400 the year before and for
FIVE weeks ending with July were 3Os827
pounds. against ii a SO, $50 last year. IL seems a
large part of the safes this week wero to fill orders
actually booked, and the rush OF belated cothlers
most manufacturers moro than they can 10 or a
mouth or TWO, though there seems to be no de-
mand whatever for spring goods, and m nufactur-
making effort 10 get orders. Wool has
been advanced for many Kinds cent and the
average absut 12c, after the decline OF iac from
May l. Recovery in iron manufacture Is hin
dered by greater troubls in the coke region
where many Of the new colored hands have quit
and gone back to the South. and strikers have de-
cided to cOntinu the struggle Somewhat better
business appears at Phiadel elphia, but the marx ct
here is dul l. Tt ere Is iInprove fnent in GUAM
Titles OF manufactured forms required ut Fits
burg or the West and In general demand for
finished products is disappointing. Prices
still rem ain nearly unchanged though
with numerous small contracts for structural
work. Beams are shade stronger, while Bessemer
iron bar iron and wire nails shade weaker.
The demand crowds ali works producing low
priced shoes, while manufacturers of better grades
are lie dependent upon slender daily orders to
keep thor shops in operation Shipments from
Boston for the West are % per cent larger than
last year and July IL per cent, but decrease
compared with 1892 OF Il per cent
Commercial liabilities thus far reported in fall
during July amounted to $S,0l6,775, of
which $4500,220 were OF pufxcturing and S4,-
23l .470 of trading concerns and the decrease for
the month though great Incomparison with last
year, is hardly as much as has been expected The
failures this week have been 2l9 In the United
states against 436 last year.