Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1894-10-18
TRADE OUTLOOK.
Views of Leading Commercial
Agencies on the Situation.
Dun says That Progress Is Slow-B Brad
streets Opinion Is of a Cheerful Ma
ture-EncoursgiDg Reports
The Failure Record.

NEW YORK, Oct. l3.-R. G. Dun &
Co. IS weekly review OF trade says:
Business is still waiting for the develop
ment Of retail trade. There is little better
demand in some industries, but not 50 good
in others. Wholesale dealers IN nearly all
branches are hating because business does
not yet show distinctly what it is to be Lower
prices for the great farm staples and lower
wages in some establishments, hinder
purchases for consumption. while polit-
ical interest and uncertainty also have
some retarding influence. Meanwhile large
imports and small exports of merehan-
disc, with inadequate employment for
money here, are raising the rates of foreign
exchange so that possibilities OF gold erberts
somewhat affect the stock market. The halt-
ing attitude for the moment is disturbing TO
those who have looked for continued gain,
though rightly considered it is the naturaleon-
sequence Of conditions which were to be ex-
pected at this season.
The government crop reports are not great
~ trusted and yet have an influence ana hctu-
ally exaggerate the tendency toward lower
prices because they are supposed TO report
all the crops too low. Men calmly reckon
that II the government report indicates
over 400,000000 bushels OF wheat the
crop must be over 500000,000 bushels and
the price is slightly lower Corn has been
stronger, for receipts are hardly quarter and
question is whether the actual yield, il above
the government estimate, may not prove lower
than has been supposed.
THE iron industry records larger produc-
tion in September than in any other month
this year, but as prices are gradually weak
ening because Of insufficient demand for I'm
istied products, some works are preparing TO
close or shorten time.
THE weolen mills still have numerous be-
lated orders for fall goods, but the demand for
spring does not increase, though In nearly all
the lower priced products domestic makers ap-
pear able to command most Of the business
that exists.
show liabilities Of tl..i421e. Of which sos SIS
are OF manufacturing and ESQ, sol OF trading
concerns. There have been 2si In me United
States, against sos hast year, and 81 in Canada,
against ~ last year"
BrAdstroet's View.
Bradstreet's says:
An accentuation Of favorable features Is re-
vealed in the telegrap hic reports this week.
While advces as to the most marked improve
ment come from the vest and south, there are
some encouraging Gestures also reported from
the east and the net result Of the weeks bust
ness has been further progress in the
direction Of enlarged distribution. In New
England, although demand is classed as only
moderate and conservative trade is doing
the industrial situation improves. owing to the
ending of the great cotton mill strike Iron
production is very large, and this has impaired
values and manufactured product quite notice.
ably. Cooler weather has improved the dts
tribution in Seasonaole lines at a number Of
western and northwestern points.
AT Chicago business in staple lines is large,
though slackening from previous weeks is
noticed. Weakness In iron il causing concern
at ST. Louis Plates are active and orders are
being placed abroad for black plates, owing TO
the shutdown OF American works Export
trade is active at San Francisco A number OF
prominent southern points report increased ac-
tivity. Cotton receipts are large. but the price
tends downward. First OF new crop sugars
at New Orleans sold at the lowest
price paid for many years Southern lumber
men anticipate higher prices. Notable price
changes Of this week have been the decline OF
1-5 cent in cotton and raw sugar. B cents in
pork and 80 cents ton In steel billets Sales
have not materially changed for the week.
Heavy cutting OF prices on refined sugar is re-
ported throughout the west owing 70 efforts OF
grocers TO dispose Of large stocks carried in
anticipation of tariff changes"