River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1895-05-02
RETURNING CONFIDENCE.
Industries Gaining Steadily without Sign
of Hesitation.

NEW YORK, April pr. G. Dun &
Co. S weekly review OF trade says:
Neither the rising in speculative markets
nor the steady gain in industries has ceased,
and IL is wholesome that there are fewer
signs of hesitation in the productive indus
tries than in speculative prices. Wages strikes
grow more numerous and cause some trouble.
and retail demand Lays behind wholesale sales
and iobbng purchases behind production in
some branches, but through many conflicting
reports the fact shines out that the industries
are gaining, not with rush and
whrl. but more safely. 1t is less
clear that railroads are increasing their
earnings or that over production OF cotton
will be cured bv the advance Of ~ cents in
lsfvo, stsat sernorinS short sellers OF
wheat will nelp TO market tho la-se
surplus But revival of activity in all these
directions, il possible. excessive in some,
helps confidence to take the throne so long
held by distrust Recovery is not often math-
ematically equitable When the load of de-
preston is lifted. and men find
that better things have come to
stay there must be many con-
works have advanced wages during the week,
but strikes TO compel an advance. possible for
some but not for others. have grown much
more numerous. Some shops are closing for
want of orders, but larger number are resum-
ing work. Prices of shoes and cotton goods are
TlSlHEs wool anu NpottHS are lpNtf. II NDhiH
be distinctly unnstural movement. inviting
only distrust. IL Il we're sympathetic and with
equal step in all branches
Doubt whether hides and whether leather
would be held at higher prices hindered shoe
manufacturers for a time but now jobbers
want 10 give more orders than manufa- tureTs
care to take. who have their leather yet
to buy The hIndrance is the advance in hides
and leather for while "a and 10 cents more is
paid for shoes, the present cost OF leather
makes many 10 to IS cents dearer, and cents
paid for western hides is said to mean higher
prices vet for some kinds of leather.
Cotton mills getting more money for
goods and have quite generally advanced
wages. The consumption is large, and ad-
vances seem to be warranted.
Iron production, stimulated because ore,
coke and oil were to be dearer, is retarded by
shrinking demand for products. for on the
whole, new business is SAID to be smaller than
I'm February or March. The structural de-
mand far buildings throughout the country was
never better
Wool has sold at the lowest prices on rec
ord this week. Is cents for Ohio XIX and
cents for years Texas. ana offers to clear OF
stock before supplies came forward
tempt manufacturers to purchase beyond
present needs
Higher prices for wheat. nearly 3 cents
above last weeks, tend to check Atlantic ex-
ports, which. -four included were only 1858 s7S
bushels for the week, against 2,sc0 AS last
year. though for the previous two weeks about
equal TO last years
Bank exchanges in April. thus far, average
daily II per cent. more than last year, but
les per cent less than in 1879 Money is cou-
ing hither from the interior and larger de
mand for commercial loans appears, especially
from manufacturing towns in New EnE land
and from importers.
Failures for eighteen days in April showed
liabilities OF IS 055 592, OF which e. go 30
of manufacturing and t31.sss2. of trading
concerns. The failures for the week have been
230 in the United States. against l79 last year,
and 81 in Canada against IS last year