The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1894-09-29
FINANCE And TRADE.
The Business Situation as Viewed
by Commercial Agencies.
SOME IMPROVEMENT THIS MONTH.

The Volume OF Trade, However, Is Con-
siderabiy Less Than In a Normal Year,
being About Twenty Per Cent. Smaller
Than In September, 1899.
NEW YORK, Sept. a9.-R G. Dun g. Co. IS
weekly review of trade says: Special In
quiry has been made this week at all com.
mercial centers regarding the state Of re-
tail trades. The main facts disclosed are,
First. marked improvement within the
past month and n considerable ex cess over
the business done year ago particularly
In the necessaries of life. But second. 1t
appears that the volume of trade at pres
ent Is on the whole considerably less than
IN normal year, at most points, and in
the more important trades Is apparently
about 90 per cent. smaller than in Sep
tember 1892.
Evidence of continued Improvement in
Wholesale trade and manufacture does
not appear this week. There Is large dis.
tribution in orders given some time ago.
out new business going to the manufac-
turers Is everywhere slackening The
completion of orders for replenishment of
stocks leaves narrower demand, and It
is yet too early for consumption to pro.
vide further orders.
The depression in prices OF farm pro.
ducts will have some influence Unpre.
eeuehted records have been made In cot
ton and wheat, though as to wheat only
In contracts for future delivery, in which
the prices are the lowest ever made.
II is encouraging that the speculation
In corn has broken and the price has
talien iive cents, less gloomy estimates
than those Of the department having
gained general acceptance. 1t Is now sup
posed that the yield is not far from !. .5OO,-
VuU,OOO bushels. which will compel much
economy in feeding, but speculation in
pork has also broken, and the price has
fallen 70 cents, while lard has declined
hhIf cent. The iron industry shows a
shrinhuge of demand, and the prices
quoted today are but little above the low
est this year.
Failures are few and small for the
weeks liabilities amounting to s.. .27s. .bs5.
OF which s., 2,3s2, ,3lS were of manufacturing
and s!,5G5, ,ll2 of trading concerns. The
failures during the week have been 235 In
the United States against 3@4 for the same
week last year, and IS in Canada, against
50 last year.
Bradstreets' review says: The feature
OF general trade throughout the country
is found in moderate reactions within the
H'S'N b'S' ~ III tAt NUluult OIL
purchases of staples west, where trade has
been quite active, and at eastern points, in
the course of prices, the week failing to
show any upward movement of note in
this line; in the check to business in the
south. together with the damage to the
rice and orange crops.
Leading jobbers at different points who
Tor a month past have reported most
favorable concerning the course OF busi-
ness-Baltimore, St Louis, Nashville and
Chicago-send modified advices as to ac-
tivity and the bright outlook. Wheat has
made another lowest price" and Indian
corn and oats have both declined. Sugar
and coffee records lower figures, and an
ether lowest price for cotton has had an
untavorable influence on the tone of bust
ness at important southern;markets, par.
ticrlarly In view of activity of receipts of
that staple.
Exports of wheat land -four as wheat,.
both coasts, United States and Canada,
this week, have fallen off some, amount.
Ing to 1855; 900 bushels. against 1851, 600
bushels last week, aud 3,49O, 900 bushels
In the week year ago Two years ago
the total was 4,O45,OOO bushels, three years
ago a,405, 900 bushels, and four years ago
58s, 600 bushels.