The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1894-06-07
REVIEW OF TRADE.
Business Less Unsettled by Strikers
Thsn Expected.

| Thsn Expected.
r. @. Dun a Cos weekly review OF trad,
says: II il sign Of cheering import that In
finished business representedby clearings ant
railway tonnage. there has been less decreas,
since the strike began than might have beer
expected. But In Wholesale business, the
orders which start the wheels. 20 result In
tonnage and payment weeks or months later,
there seems to Toe an actual decrease
meanwhile the consequent interruption oi
trafiic and industry increase. The stoppage
oil iron furnaces between the Allegheny
mountains and the Mississippi river has be-
come complete and a great number OF con-
Germs manufacturing iron. and others requir-
Ing soft coal or coke for fuel have been forced
to stop. Business cannot increase In volume
under such circumstances and yet payments
through all clearing houses for the week
show decrease OF only 20.S per cent, com.
pared with last year.
though large number OF works are idle.
the demand for products Is not what might be
expected either In volume or in urgency.
Inc output OF iron and steel has been sudden
iy and sharply reduced. but the reduced
supply seems about as sufficient for the de-
inand as u was month ago, except IN besse-
mer. Sales Of small lots of b,.sseiner MIG nt
places n distant as West Troy and Duluth.
Tor transportation to the Carnegie works near
Pittsburg discloses how completely stocks are
exhaused. and sales for delivery in July and
August at s1l to S1I.i5. prize $l.5O higher
Than prevailed few weeks ago. indicates be-
het that the termination Of the strike will not
soon bring back the old prices. But for
most products. noiw outstanding the interrup-
lon, the demand il exceedingly narrow, and
buyers feel that the present advance Is but
temporary. Shipments OF boots and shoes
Tor the week. and Tor the past four weeks are
iittle larger than year ago, and there are
orders for some staple products TO warrant
work for some time TO come but many fac-
tories are discharging cutters. or otherwise
reducing hands, becauFc their orders do not
Justify hopc Of running much longer
Sales OF wool nj three chief markets have
been 3,5si, 600 pounds for the week against
Zi60,OOO last year, about 100000 per week
being required from these markets for a full
supply. New ilne territory and Texas wool
mas sold at 2SCl 29c and 30M32c cleaned ap-
pears to be about the ruling price. but at
Boston decentralization makes prices nominal
Again the lowest price ever recorded has
been made for cash wheat 5Giic. at New
York, against 7jc year ago. while the aver
age in May, 1892, was 9Oc. and IN April. 1891.
SL1SlS. Western receipts are naturally
small, only .35s. .sGI bu for the week. against
2,9l9,599 last year; but Atlantic exports were
only 500 bu.. against 223l .2l0 last year.
Corn Is stronger, with exports about half IA
large ~ a year ago. and the unfayorablc out
look Tor oats results In higher price, PorI.
products are weak, with continuing large ro-
ceipts. Cotton has varied i:tlc, though re-
ceipts from plantations have fallen Off. for
stocks in sight are very large. n new crop. for
which prospects are decidedly good is draw
ing near and the demand for goods is uncer-
tain.
Liabilities reported in failures forthe fourth
week OF May were S2.593,Os7. and for four
weeks ending May "a, 1891 ,0i2, Of which
s4.445,6O5 were Of manufacturing and So
oO6,s9l OF trading concerns. Reports yet to
come IN may increase the aggregate to
sl4.000, 900 for the month.
Failures this week have been ls3 i'm the
United States against 23s last year, and q in
Canada, against 2l last year. Only two
laiiures, both banking, are for 100000 or
more.