The Irish standard., 1894-11-10
BUSINESS OUTLOOK.
Proximity Of the Elections Felt In
Commercial Operations.
On the Whole the Situation Shows Some
Satisfactory Conditions, Although the
Volume of Business Is Smaller
Than In the Fall Of '82.

NEW YORK, Nov 8:-R. It. Dun %
Co. g weekly review of trade says:
1.-THE last week OF October. with an exciting
election near cannot indicate much OF the true
condition of business In some trades the
season ts too far advanced for great activity,
and In others the supposed efecss OF the
voting hinder operations. But it is SO tisfactory
that the volume of production Is well main
| tanned and in one or two branches increased,
that no monetary difficulties disturb, that
breadstu1s are little higher. and thai no ma
terial decline appears during the week In
manufactured products The TACT that any de-
cline appears, with slackening In demand for
some products, may perhaps be az
t1ibuted to uncertainties, mainly politl-
cal in origin, while every increase
in the working force helps TO make basis Tor
more business hereafter. At present the vol
ume of business transacted is On the whole
smaller than last year, and much smaller than
in 1892 though q presidential election was then
close at hand
Payments through principal clearing
houses for the week have been 1873 per cent.
less than last year, and 34.4 per cent less than
In 1892 In both comparisons with decrease out
side OF New York as well as here.
Corn, Pork and Wheat.
Corn has advanced cents, with western 70 '
ceipts about third and exports about an
eighth OF last years. Pork and hogs are
shade lower. with lard about the same.
Wheat is 10 higher for spot and 10
for December, and looks as II strength
IN corn had prevented further de-
cline. The irresistible force Is OF course
the enormous accumulation which continues
although producers may naturally be Inclined
not to sell at current prices Cotton Is again
lower, spot being SIS cents, with receipts so
heavy that large crop estimates arc favored
The depression of cotton and wheat, and the
partial loss Of the corn crop. must be reckoned
important because of hesitancy In retail DIS
tr1bution Of products
Effect Industries.
This hes1tancy affects industries very Diff
fereatly. The boot and shoe manufacture Is
retarded only in continued preference for low
priced goods, for the number OF pairs produced
and shipped seems greater than ever. Orders
have fallen OF Of late, but most factories are
still we'll employed, and mahy have good orders
for spring.
The Wool Trade.
In woolens the fall and winter demand Is
disappointing. though still fairly large for the
season, but the expected supplemental orders
DO not appear and great uncertainty pre-
walls as to spring goods No changes OF
price are noted. Manufacturers are not dis
posed to produce in advance of the change
January /, and 80 are buying only for current
needs, and at the west it Is complained that
wool goes begging at prices below the parity
VIVA
The Failure Record.
"Frailures continue SIN Il and for four weeks
ending October g. liabilities were $8,2Oe,ss2, Of
which 81, 1888 were OF manufacturing and ST.
9ol, 4s4 of trading concerns Southern failures
are comparatively small, and the eastern and
western about equal During the past week
failures have been &49 in the United States
against 1853 last year and 30 In Canada against
rs last year.
Bradstreet's View.
Bradstreet's SAYS:
general trade continues on conservative
lines, there being little far-renching improve
meut in business circles as compared with q
week ago. aside from the settlement OF the
strike at Fall River, one OF the effects OF
which is expected to be the steadying OF
prices for cotton fabrics and an lnducemen
to cloth printers TO order for future delivery.
AT Cleveland, Cincinnati, Kansas City,
Omaha, Des Moines, st. Paul and Minneapolis
no change is reported In commercial circles,
business being moderate and dealings con-
servatlve. Colder weather Is needed at the
cities further north. Detroit reports unsea~
sonable weather has further checked distribu-
ton OF clothing and allied lines, and at Chi
cago the volume OF business IS smaller
than In the previous week, although
interior merchants in Ohio, Indiana
and Illinois are sending in sea-
sonable number Of mail orders St. Louis
tobbers In dry goods. hats and millinery report
about tho usual volume OF trade, but most
other lines show a decrease. There is q fair
volume Of business at Duluth where lake nav
!gation is nearing its close, and at Portland,
Ore general trade Is said to have improved,
while at San Francisco no special change has
taken nlace,''