The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1895-12-02
NO ENCOURAGEMENT
Both BradStFaet'S and Dun Tell Of a
Considerable ShFinkase.
BUSINESS is DlS0RDEHEO
Bank Clearings Last Week Were Be-
hind the Preceding Week by 20
Per Cent-other Ailings.

New York. November OR. C. Dun
e. Co. will say tomorrow:
THE failures for four weeks Of Novem-
Der have been $SSl9.919. Of which Sl.4970 go
were Of manufacturing and $.555.si9 of
trading concerns. During the past week
failures have been 279 in the United States
against 295 last year, and q N Canada
against Sc last year business has not
1mpIt1ved. though there Is very little
change except in the shrinkage of prices.
which a period OF inaction naturally
causes. Retail stocks are stiu reported fun
I'm nearly all branches. with delayed dis
tribuuon in many cases on account Of the
unfavorable weather. The movement of
crops Is only fair. both cotton and wheat
being largely kept back in tho hope Of
higher prices and there is prevalent
feeling that foreign imports VIII fan OIL
Exports show little gain for the week.
although the small outgo Of cotton is still
n threatening faC5 as respects foreign eN-
changes. There IS not mUcn change III
commercial loans. although "a Ht-le more
demand from some manufacturing cen'cls
IS reported. ON the whole the demand IS
nothing like what it would ue If general
business were in normal condition.
The Iron Market Is Ailing.
THE iron market is decidedly weaker
again. and while bessemcr pig has de-
clined to $l2.S5 at Pittsburs. and graz forge
10 Sl2.25, and plates 10 SLIGO at fhilaecl-
phia, SO that the average of all quota
lions IS about half Of per cent lower than
last week. tho markets are really much
weaker than the quotations. as concessions
are generally given by manufacturers I'm
order to secure business a sharp decline
IS noted In harhed wire. attributed 70 the
failure to complete an expected combina-
ton. The bar association aud the two
nail associations refuse to reduce prices OF
their products, although the. demand mas
been surprisingly reduced since the great
advance Two or three months ago. and
there We're rumors in the market that one
of the biz combinations had gone to pieces
because Of undertaking by members. The
coke combination holds prices firmly hut
II has been Obliged To reduce ifs output
to five DAYS in tho week, so tnat "a decline
OF TO- $50 tons for the week IS recorded.
Bradstreet's Very Discouragin6.
New York November 24.-BraGstreets
tomorrow viii say:
'"rhe volume Of general trade shows a
falling of compared with the preceding
week. largely owing To the interEeniioi-
of the Thanksgiving holiday, hut In part
to the continued effect Of mild weather
east ana south, storms in the central west
and the usual dissemination Of buyers 20
add 70 stocks during the closing month OF
the year
Western iobbers report activity. noticea-
bly, in clothing. wooden goods. r4bbers,
shoes and holiday Specialize with some
increased demand for coal ana light hard
ware.
General trade remains unchanged az
the south, with mercantile collections ln
some Instances impros ing, the tendency of
cotton TO move slowly and he movement
OF merchandise smaller than i'm October.
Texas merchants report a fair movement
of notions aEd fancy goods. bat q check 10
There are ass bushes. failures r-ce