Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1894-07-07
IN TRADE CIRCLES.



New YORK, June 30-R. G.. Dun g.
Co. weekly review of trade says:
"The great strike of coal miners has ended
at most points, but another threatens to in
terrupt business more seriously for time,
though the number Of hands engaged Is COM
paratively small Travel and trafilc are we'll
nigh arrested on twenty western roads al
ready and strikes are threateded on all roads
which use Pullman cars. On tho whole other
changes during the week have been for the bet
ter Many manufacturing establishments
which were stopped by want of fuel have re-
sumed. The depletion of the treasury reserve
has been checked by the voluntary deposit of
gold In New York banks. Exports OF goods
have almost ceased Congress- has made much
progress toward final disposition of the tariff
question. Crop prospects grow better as the
harvest draws nearer
1.-THE resumption of work In mines and mills
has made good progress, but the demand for
products Is as yet smaller and less urgent than
was expected Textile manufacturers are much
embarrassed by the near approach OF probable
change in the tariff, the effect Of which cannot
yet be calculated. In spite of this reason for
deferring orders and purchases. the number of
mills quitting work is not as large as was eX-
pected, for there appears n little more demand
from clothiers and jobbers
Wheat has declined two cents. Corn has de-
clined seven-eighths OF cent, receipts being
larger than of wheat and a heavy crop is ex-
pcCbcus IOEh pIOuuCJS uTt dlSO IL SHuue lOWeT
Cotton has yielded sixteenth, as speculation
against the enormous stocks in sight grows
tiresome
This week the failures have been 2l4 in the
United States, against 307 last year, and 35
in Canada, against 27 last year. OF late the
number and Importance of failures have in
creased little, as is usual near the close of
half year"
New YORK, June 30.-Bradstreet's
says:
while there is no actual improvement in
business throughout the country there are more
favorable prospects and better feeling among
merchants, with an increased number of in
stances where trade has been stimulated.
The ending of the great bitumin-
Gus coal strike is promptly followed
by a sympathetic strike of railroad en-
ployes, which threatens disastrous effect on
business by reason of interference with distri-
button and travel. Losses on perishable freight
in transit are already reported. Other un-
favorable features include conference of
Rhode Island cotton mill owners as to the
advisability Of shutting down, owing
to accumulation of stocks, heavy ar
rivals Of wool at eastern markets, where stocks
are already large: delay in settling the coke
| strike which prevents many industrial estab-
lishments from starting up: extremely re-
stricted volume of business among whole
sale dealers in clothing at Baltimore,
43 per cent. of what it was in the
first half of last year; delayed orders
from country merchants in Georgia and
| South Carolina where crop damage has been
| threatened: and a sharp restriction in the vol
ume of general trade at Chicago, where the
| railway strike centers. At New Orleans trade
| in all lines is smaller. AT Nashville and at
| Birmingham, Ala. it is dull and without sign
| of early improvement, which is true also at
Portland.
THE total number OF actual business failures
| In the United States in the last six months
| failures In which assets are less than liabili-
| ties) is 6,o2s, which is more than in any pre-
| ceding similar period, an increase OF 40 per
cent. compared with the first half OF
| 1893, and p per cent. more than in six
| months in 1892. The present tendency in the
| number of failures to decrease is shown
| by the fact that while at the end OF the first
| quarter OF the current year the increase over
the like period of last year was 900 failures, the
increase this year over last, ut the end of hall
| year, is only 2s9 failures. Total liabilities OF
failing traders for the six mon hs are $S2 $780,
| 0OO assets being 81 per cent of that total
| These aggregates are each less than one-hali
| OF what they were for six months in 1892, and
| smaller than in six months of 1891 as well
| Pennsylvania and California show striking in
| creases in numbers of failures, and Illinois and
Kansas noteworthy decreases.