The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1894-08-11
BUSINESS OUTLOOK.
Some Signs Of Improvement ~
Trade Are Noticeable.
An Important Change Thought to Re Near
1T Hand-The Prospects Are More
Hopeful-Business Failures
for One Week.
ON THE MEND.

New YORK, Aug. "Bradstreet's"
says of the trade conditions:
While little significance is attached to the
moderate improvement in trade at San Fran
cisco, Pittsburgh, Baltimore Augusta and At
lanta when it is added that clearing house
larger aggregates than in July last year, con-
trasted with the June report, which contained
only sixteen cities with aggregates larger than
those in June year ago, 1t Is perceived that
there are influences at work at the interior
favoring an increase In the volume OF business.
Wool remains steady at last weeks cent
advance, speculation having been stimulated
by differences Of opinion as to the tartn out
look for that staple. Wheat has advanced
In sympathy with corn on increased orders
and reports Of crop damage from
abroad while corn's sharp advance Is
due partly to exaggerated notions Of damage
from drought. There Is little likelihood OF the
corn crop being smaller than in either Of the
two preceding years. Notwithstanding our ad-
vices OF IS per cent. damage in Kansas and 40
per cent. in Nebraska. Southern crop pros
poets generally are excellent.
Improvement announced in general trade at
San Francisco is in part based on interest
manifested in the war in Asia, provision deal
ers particularly anticipating largely increased
trade. War between China and Japan has not
affected the price Of tea here yet. although an
increased demand Is noted in New York, Bcs-
ton and at Chicago"
Dun s. Co.'S Review.
B. G. Dun & Co.'S weekly review of
trade says:
IAN important change in the state of business
ts near at hand. Congress will act on the
tariff question one way or the other in all prob
ability within week. II 1t passes the pending
bill or II 1t falls, in either case the def
mite basis for future business will enable many
to act who are now waiting, Whether
the one course or the other would stimulate
the greater increase it Is certain that either
would give relief from present paralyzing I'M
certainties and cause some increase In busi-
meas at least for time. So much business
has been deferred during the past year and
merchandise stocks have been SO reduced that
the mere approach OF decision, without
certainty what it is to be, has this
week encouraged large preparation for
increased business. In spite OF outgoing gold
and sinking treasury reserves small railroad
earnings. some injury to crops, and increased
trouble in the coke regions the tone and tho
outlook are more hopeful. The injury to crops
by hot winds and drought, If as great as some
report, will affect Ill interests, but at this sea
son it Is never easy to distinguish between To-
cal end general damage
: 1.-The rush OF belated clothiers and dealers
to get goods for the fall trade gives most man.
,ufacturers more than they can do for q month
or so, though there seems to be no demand
whatever for spring goods, and manufacturers
axe making no effort to get orders.
Recovery In iron manufacture Is hindered
by greater trouble In the coke region, where
many of the new colored hands have quit and
gone back to the south and the strikers have
decided TO continue the struggle.
Commercial liabilities thus far reported In
failures during July amounted TO $0,016,TB, OF
which "a ,BO0 22O were OF manufacturing and g. =
2S1 40 of trading concerns, and the decrease for
/. the month, though great in comparison with last
year, is hardly as much as has been expected.
Tho failures this week have been ZIG in the
United States, against 436 last year, and a in
Canada, against "a last year. sEs