Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1894-12-29
TRADE is Dull.
Hampercd by Mild Weather. Gold With
drawals and Uncertain Legislation.


drawais and Uncertain Legislation.
New YORK, Dec. 2e.-R. g. Dun g.
Co. IS Weekly Review of Trade says:
But for the large exports OF gold and un-
certainty about financial legislation, the indi-
cations would be more encouraging. Some in
crease Is seen in orders given to manufactur-
Ing works, though until the year ends the force
actually Mt work naturally dminishes. The
holiday trade has been rather poor ut most
points, partly owing to mild weather. There
is distinctly more confidence shown about the
future demand for industrial products, though
prices are not better.
Domestic exports increased n little, though
exportable staples are not better in price. In
November the excess OF merchandise exports
over imports was $50 573,sgi, besides S2,93l 03l
silver, and December returns indicate
as large an excess. For this reason
the exports of S539?,07l in gold since
last Friday and the Withdrawals of about
three times as much gold from the treasury,
are the more noticed Money continues TO ac-
cumulate here, and there is no enlargement in
the legitimate demand tor commercial loans,
though some offerings OF paper, apparently to
prepare for yeurly settlements, have excited
remark.
Prices OF agricultural products do not i'm
prove. Wheat is unchanged for the week
Corn fell cents for the week. Cotton has de-
clined u sixteenth, to 8. 90 cents, and receipts
from plantations continue larger for December
Ludu III loSl WnSH Lue crop was over
bales The theory that producers will not
market at current prices does not fit the facts.
Large orders for manufactured products
have appeared and yet, except in boots and
shoes, the general tendency of prices is down.
ward.
have been over s2i 100000 since December 8,
and are attributed in part to replacement of
bank receipts, which were reduced by the pur-
chase of bonds. Yet 1t is plain that the desire
of foreigners TO get gold instead of stocks, and
Of Americans to get gold instead OF notes, rap
idly takes from the treasury whatever was
gained by, selling bonds.
FAILURES have been somewhat more import
ant, the reported liabilities for the second
week of December amounting to s2.714, COZ and
Tor two weeks of December the aggregate has
been 10, ,4SO, ,4Ol, of which manufacturing liabili
ties were s2,466,ll4 and the trading liabilities
,U7l SEQ But last year the liabilities in failures
of the same two weeks were sl ,679 ,996, of
which no less than 50, ia, ,494 were OF manufac-
turing and only s5,3Ol7S+ OF trading concerns.
The failures for the past week have been $40
In the United States against 3f4 last year, and
30 in Canada, against 81 last year"
Bradstreet's says:
THE volume of general trade continues
small, as expected from evidences OF shrink
age within the month. Unusually mild, un-
seasonable weather continues to check distri-
button OF coal. heavy clothing, shoes and rub
Der goods northwest, south and throughout
the central western and eastern states, al
though ut larger cities the favorable reports as
TO holiday goods and specialties ut retail are
Tor the great part the outcome OF bright, mild
weather
"Jobbers and other wholesalers as a rule re-
port commercial travellers OF the road, and
that little is doing except to take account of
stock. The outlook for trade after the holi-
days Is fair, although larger Chicago dealers
report stocks on hand larger than expected.
except amyng jewelers., who have unexpected
~ enjoyed heavy trade.
-From a dozen Of the more important west
erp and northwestern trade centers distribu-
tion of staples Is reported quiet moderate
In volume except from Cincinnati, where there
is a slight gain. Collections are only
fair at Detroit, Omaha and Kansas
City, but at Chicago and st. Louis
they are more prompt. Demand for
funds at Chicago, as at Buffalo has made the
market tirmer packers being relatively best
borrowers Dealers in furs and iobbers in
most staples at Detroit, Minneapolis, St Paul
and Milwaukee report that this, the mildest
December for many years, has greatly inter-
fered with trade"