The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-12-07
DUN's REVIEW OF TRADE.

NEW YORK. n. Y, Dec. 6-R. g. Dun & Co.
will say to in their weekly review of trade
With all the shrinkage in present business and
prices il is encouraging to find but small increase
in failures. Liabilities for the four weeks OF No
vember $4,000, 293 against $40, 58l, 1878 last
year. Manufacturing liabilities were $500, 6Sl
against S6,242,849 last year, but trading liab
ties only $6,72S9l2, against 1867 last year.
Failures in the United States for the week have
been 324, against 3s5 last year, and So in Canada
Business is still sluggish. If gorged by Excess
sive indulgence of the appetite of buying when
prices were advancing. In nearly every branch
stocks not yet distributed TO consumers stand in
the way OF new orders, and competition of a pro-
ducing force largely exceeding the present demand
puts down prices that decline retarding purchases
yet more. After the holidays business men look
for large demand. Financial Influences have not
hlndered, and rarely has the opening OF session
of Congress affected business SO little.
Wheat has advanced about cent for the week
bushels against 7277ss last se YEAR rea and Atlantic
exports, flour included, again exceeded last year
2,326,093, against l,S87,737 bushels. The best
Corn moves from farms less freely than year
ago, the low price hindering. Cotton has been
weak again, declining quarter for the week and
the January option q points. The quantity which
has come into sight. 1915 per cent less than last
year to date does not yet indicate yield 80 81
per cent smaller. many predict, although the re-
cent movement is very slow,
Wool has been slightly strengthened by the Lon
don sales Manufacturers have much machinery
idle at present, and orders thus far are en-
couraging
Iron and its products lower anthracite No
at $13, plates at 1.5c and bar at /. &c. and Bes-
semer pig at $l2 at Valley mills, with billets
SIG so. The average of the quotations is S1a per
cent below the highest point in September. but
actual sales are frequently made below quotations.
The proposed combination of Lake ore-producers
has not yet been effected, and with the fall in the
price of iron is less probable. There is more
pressure to sell Southern pig here and some large
transactions have been made by concessions. while
the small demand has broken the barbed- wire
combination and the two nail and the two bar as
sociations in session to consider their
policy. Rails have not changed while Bessemer
pig has declined So and billets Sc per ton, aud a
purchase OF 10000 tons for San Francisco from
England is noticed. with considerable importa-
ton of wire nails at Boston.
Copper weaker at Ia cents for Lake, with narrow
demand and tin quarter weaker with the visible
supply here and abroad 20, 32l TONS against % 443
a year ago. Anthracite coal Is weaker and sold at
IS 0S here against $4 Is according TO circular
Boot and shoe shipments for the week are larger
than last year, and manufacturers are getting in
creased orders with general reduction in prices,
but leather has declined. Hides about half
cent lower.
The stock market has been weak, partly because
of sales by London and partly by disappointing
returns of earnings November reports showed
gain over last year of 9.S per cent in the first
week, 8.5 in the second week, 5.o in the third and
10 in the fourth week, and for the month 69 over
last but 8 cent less than in 1892.