The Providence news. (Providence [R.I.]) 1891-1906, 1894-09-22
THE OUTLOOK.
Aggregate of Trade Shows
Slight Improvement.
The Manufacturing 0utlook---DecIine
Noted in Price of Breadstuffs.

New YORK, Sept. 22.-R. g. Dun e. Co.'S
Weekly Review of Trade says: Plenty of
material for encouragement and also for
encouragement can be found by those
who seek that and nothing else. But
business men who want 10 see the situa-
tion exactly as it is find accounts so far
conflicting that IL is difficult to strike
balance.
In those departments OF industry and
trade In which the deferred business and
the demand for replenishment of stocks
have not been exhausted there Is obvious
Improvement, and in some the business is
not only larger than last year, but larger
than two years ago. In others the exhaus-
ton of the temporary demand has brought
disappointment, because it was smaller
than was expected and because tho re-
naming demand appears uncomfortably
light. In the aggregate, busnessis about
one-tenth larger than last year but still
falls about 25 per cent below full volume
for tho season.
Failures In two weeks Of September
show liabilities OF s., ,S67, ,764, of which
$D69, 7l6 were of manufacturing, and 81, ,796,-
o4s OF trading concerns. Failures during
the week have been 2l2 i'm the United
States, against 32l last year, and I'm Cam
ada sS, against 40 last year
Manufacturing Industries.
The iron business, after its increase OF
output last month, shows disappointing
weakness at all eastern and central mar
kets. In the minor metals speculation
has advanced both tin and copper a little,
but without evidence of increasing con-
sumption.
In boots and shoes the demand contln-
ues large, with many sales from stocks
and orders for quick delivery, and other
indications that replenishment of stock is
not yet completed. Shipments from Bos-
ton In three weeks in September have
been 212, 1913 cases, against l66, $50 last year,
and 2402S9 in 1892, but the demand is
mainly for low-priced goods.
In textile fabrics there has been dis
tinct decrease In trade, as dealers are wait
Ing for further declines The lull I'm trade
may be only temporary, but is felt more as
Il follows the crowding Of orders for sew
eral months into a few weeks. The strikes
at Fall River and New Bedford have not
ceased, and about dozen additional cotton
mills have gone into operation elsewhere.
Some without Reduced Wages.
Cotton also declined, and for September
delivery the price is tho lowest ON record
for many years
The demand FOR wooden dress goods Is
better and will occupy some mills until
December.
London prices OF WOOL beginning about
3 per cent higher than at the last sale.
were net quite up to previous market
quotations, and sales OF wool at the three
eastern markets have been for the week
larger than OK late-6 OF ,5JO pounds.
against 4,2i6 22y last year and S,2O3, 100 i'm
loe3 ia three weeks the sales have been
II, 90, 750, against s.S63,2s5 last year and
"a. 6Sl 30 In l5o9.
Breadstuns Weaker.
Corn fell 81 cents, but neither pork nor
lard yielded In price here, though lower at
Wheat receipts were 5ssi. gsi bushels.
against b.5s2. .02B last year, and Atlantic
sxports only g02. so. against so, ,364 last
var, aud ths Drise f~ii cent