The Irish standard., 1894-05-19
BIJSlNE SS OUTLOOK.
Effects OF Strikes and Tariff IN
certainty on Trade.
Merchants Are Buying for Actual Needs
Only-1n Manufacturing Lines Theirs
r No Actlvity-The Record
of Failures.
WORLD OF COMMERCE.
New YORK, May IL -Bradstreet's 70

WORLD OF COMMERCE.
New YORK, May l4-Bradstreet's 10
view Of trade says:
Prolonged warm weather has stimulated farm
work as well as sales in seasonable lines OF mer.
chandtse, but renewed tarin uncertainty tends
TO prolong the period during which merchants
will con tinue to buy for actual needs only. evi.
dences OF which fact have appeared. Bank clear
tngs this week amount to 1905, 0Oo,o 00. . de-
crease of Sd per cent. from the week before
(Which showed an tncrease) and decrease OF
II per- cent compared with the second week OF
May last year, when total clearlngs were
among the largest on record The great coal
miners strike has been extended in the far west
ano in portions OF Maryland and the Virginias,
and this has been followed by an increase in the
number Of industr1a shut downs due to In
creasing scarcity OF fuel Not far from l75, 600
men are reported idle in the coal trade alone,
and with those idle or on strike In other lines
the total out OF work is not less than 226 600.
General trade remains dull as does bust
ness in manufacturing lines ut Buffalo, Cleve-
land, Detroit Cincinnati Louisville, Milwau.
kee, Minneapolis and Omaha, except that at
the iast-named more activity is reported in
dry goods and hardware Favorable crop
prospects and activity in agricultural lines
have checked trading by country mer-
chants. AT Chicago, also, there are increased
volumes Of sales with jobDers in dry goods, mil
Nnery and clothing, while the natural result
due to spring trade being completed and au-
trmn trading not having made itself felt, Ia
felt at St. Louia At Kansas City trade In
staple lines is fairly good and crop prospects
sre excellent, but at St Paul the volume of
business is small compared with previous years.
THE con tinuance OF the gold shipments to
Europe, which ano IN ted for the week to S. 00-
600 has attracted attention, but appears to have
Influenced speculative sentiment In a very linn
lied degree
pun's Report.
z. G. Dun & Co. s review for the week
says: ..
''The speculation in grain has again broken
records with the lowest price ever made for
wheat, although western receipts are little
smaller than year ago. while exports are also
smaller by more than q quarter. The prevail.
ing belief is that The yield will, as In other
years, far exceed government indications, which
are again pointing to short crop It is a
etrlking evidence OF the general want OF conf
aenos that there is 80 little spequla ton while
Honsy Is abundant almost 6ey ind pre?edent
: One large failure about doubled the aggre-
xs.s q liabilities e! II tor the firms falling in
wtse have been quite small, bit were Z 81, ~
The number and the general average Of liabili-
ties are still encouragingly shrinking. For The
last week the failures have been 200 ii The
United States, against PSI last year. and AZ IL.
Cnnads. against % last year, with nothing Of
especial Importance, although four bank fall
nres sre inoluded''