The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1895-04-13
BUSINESS l)U TITO K.
"a Hopeful Spirit . Apparent 81
AL Lines OF Trade.


New YoRK, April 6. r. G. DUN y
| CO. Is weekly review OF trade says:
| Commercial failures Ia the first quarter Of
1895 numbered 3e02 with liabilities Of e47,813.-
0s3, averaging el2.oO0 each. There were also
tnirty-five bank failures, with liabilities Of
S12 682 ,587, or about $3.50, 600 each.
1.-THE decrease In the number Of commercial
| failures compared with the first quarter Of
last year Is but III per cent. while the de-
crease in liabilities Is 900 or Pa per
cent About 80 per cent in manufacturing
and 20 per cent In trading
Marked Improvement.
There is gratifying evidence that in most
trades and districts marked improvement over
1894 is realized. though on the whole, trade Is
smaller than in 189A Everywhere, Also the
occurrence Of Easter in March last year, but
in April this year, is found to account
for much difference in the volume Of retail
trade. especially In dry goods and millinery.
and the severe weather and backwardness
of the season, also retarded recovery.
While the volume OF trade, in guam
titles of goods sold, is neverthe-
less larger than last year, but
on the whole smaller than In 1893. the main
difference in comparison with 1893 is found In
the general decline of prices, which makes
trade in value smaller even where 1t is clearly
as large or larger in quantity.
Greatest Gains in the East.
Accounts from the chief centers OF whole
sale trade are also encouraging this week.
There is not only hopeful spirit, but real gain
in business, though not equally disturbed geo.
graphically or as to branches OF trade. Pay
ments through the principal clearing houses
for the first week of April have been per
cent. larger than last year and 1873 per cent.
smaller than in 1893 Instructive comparisons
Of daily averages by months show that all Sec
lions have been gaining, but the east rather
more than others.
The Industries.
1.-The best news from the industries Is that
labor troubles have been settled or avoided,
Mahoning iron and eastern wooden mills being
again in active operation. Next in Importance
is the demand for many manufactured prod
ucts, which gives greater reason to hope that
recent advances from the bottom may prove
successful
Roots and Shoes.
1.-THE success o! the shoe manufacturers in
raising prices grows more complete, and some
who first asked 214 cents advance now ask TX
cents, with more orders coming than appeared
when jobbers resisted 1t is conceded that
orders are on the whole smaller than usual be-
cause OF the severe winter. Leather is as stiff
as ever, and there is no yielding in hides.
Wheat receipts at the west we're small last
week, but in March larger than last year. with
Atlantic exports about the same. Conflicting
accounts give no clear light as yet on the pros
pect for the next crop The demand for
money is somewhat better, but since April 1.
less increase Is noted in commercial loans"
Bradstreet's View.
Bradstreet's says:
1.-The appearance Of more settled weather,
together with the announced increase in prices
for Bessemer pig iron and steel bilfets, con-
tinued strength Of cotton, stimulating manu-
facturers to demand higher prices for fall dedv-
cry, rain In thwestern wheat regions where
greatly needed, further increases in wages OF
Industrial employees, heavier shipments OF
wheat abroad and the rush Of the volume OF
the weeks bank cleafngs above 81, 000, 100000
are evidences Of q continued better feeling In
trade circles and returning confidence in many
lines of business"