River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1895-10-03
IN BUSINESS CIRCLES.
Weekly Review of the Trade Situation by

NEW YORK, Sept. 3O.-R. G. Dun &
Co. weekly review OF trade SAYS:
The full statement OF about es00 CONNER
cial failures for the third quarter of 1895 will
he published next week. and will show liabili-
ties OF about $4,000 600. of which about 81 O00-
have been OF manufacturing and $1,000 600 OF
trading concerns. In the same quarter OF last
year the failures were 2,s6s. and the liabilities
$50 al 1876 Of which s1s,3 s92 we're OF manu-
featuring and s15.lsl go OF trading concerns
The weeks reports are highly encouraging as
TO monetary matters althoush ex ports OF gold
still continue and also as &C the cotton manu-
facture, but not satisfactory regarding iron.
wooden, leather or silk manufacture
The speuaction in cotton has lifted the
price hye-eichths during the rast week and
quotations here are so much higher than at
Liverpool that free exports cannot be expect
ed. II seems no longer possible TO hope for a
good crop. and NELL Bros. have issued a cir
cular predicting yield of only 70o0O 900 bales
The accounts OF INJURY and loss grow more
dismal each week. and while they may be
somewhat ex ggerated. the general outlook is
decided unfavorable But for the ordln-
AIRY supplies carried over from last year. the
Manufacturer here and abroad would be in
trouble. But prices OF goods rise each week,
adding 10 the profit of mills, which, on 10th
sides OF the ocean can use for some time 10
come only cotton bought ut low prices 1t is
not clear how far the consumption will sup
at present prices for goods, though the de-
mand from dealers is naturally urgent. while
the market Tor the raw material is constantly
risiag here is still some chance OF strike
in Fall River mills though the rise in prices
will make it easier for the mills to grant some
advance ia wages
Nothing is clear about the iron and steel
manufacture but some of the largest Pitts
burgh concerns, protesting TO have orders for
vany months ahead, are bidding for small
contracts in eastern markets at IL TO 81, so per
ton less than the quoted rate Some say that
IT is done to depress the market, and again it
Is thought that the object may be 20 buy ma
terials, but contracts have been made at tn :
east for go 900 tons Of foreign ore to be use0
in Bessemer iron making at eastern fur
naces, and the termination of the Marquette
strike sets free aoout 100000 tons more of Bes-
semer ore within the period Of lake naviga-
tion. The STRIFE of cose workers at Connel's-
Vile seems to have been avoided The Iron
Age reasons that nothing can explain the sit
uation except some large movement in steel
rails not yet made known. For the first week
in many months the average OF prices OF iron
aud steel products shows no change whatever.
though the demand for finished products is
distinctly reduced.
The exports OF gold. though not as large as
they were some weeks ago. cause some dis
quiet in view of the disbanding of the BOND
syndic tie. Money has gone to the interior
Father largely and there is considerable in
crease IN volume OF commercial loans Stocks
have slightly declined :or railroads during the
week, though the market shows much stub
borLuess. and trust stocks average AZ cents
per share higher than a week ago. but are now
growing stronger in tone
Failures Tor the week have been 916 IN the
United states against 235 last year. and 80 in
Canada, against So last year"