The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-10-05
TREND OF TRADE
r, g, Dun Sc Co.'s woalrly Review
of BusInass Conditions.
RATE OF COMMERCIAL MORTALITY
I.owcr Than Last Year, I.owest Range
OF PrIcos Ever Known For Whole.
sale Prices OF All Commodities,
Food produots--Whnat is Weaker.
Iron and WoollOn Industries.

New YoRR, Sept Ar, g, DaH &
Company's weekly review Of trade,
which issues tomorrow, will say;
Commercial failures in the third
quarter Of 1895. were 9,702, with liabili-
ties Of So. lG7,l7O, averaging Sll, 52l per
firm, against $l6,O2S lNIt year, about Is
per cent more, The ratio OF commercial
mortality 224 failure in a quarter for
every one thousand firms In business,
ia lower than last year, and tho proper.
ton Of deMultsd liabilities to tho SOL
vent business represented by payments
through clearing houses is but 2,49 per
$1,000, against Ell last year, The do.
taulted liabilities per firm in business
averages S96.O2 against $3.50 last year.
Tho dsiRulIed Liabilities OF the manu-.
featured class averaged SgOS6j, against
SIG, SB3 in the same quarter lasi year, in
trlding SS,b77 againIt Sj,iiS last year,
and tue banking failures, not included
above, have been 81, with average LA.
biliEies OF $4,000, againt Sll0.OSg last
year. In the third quarter, when fail,
ureI arc usually low, the average OF lin.
bilito' in prosperous years falls below
$4,000, tho number below two in 1000
firms, the deiaul,ed liabilities below s.
$1,000 exchanges, aud below SIS per
firm in business. Thus tho analysis IN.
dicatos a condition approaching, but
not yet reaching one vi general pros
perily.
Highly important comparisons Of
prices this week show about September
8 the lowest range ever known for
wholesale prices OF all commodities,
Notwithstanding advances since March
OF ~ por cent in cotton goods, 80 por
cent in boots Rnd Shoes, and 81 per cent
in iron and steel products, while in
wooden goods th0re has boon scarcely
any advance, and in oil food products
takon together fall OF II per cent
Comparisons show a fall IN ioOd pro.
ducts oil go por cent in the five ySarS
since October, 1907 in wooden goods.
225 per cont; in iron products, 1874 per
cent, and in cotton goods, 40 per cont,
while boots and shoes are little higher
and in leather and hides much higher
than Ave years ago.
Wheat Is q shade weaker, Whiie
western receipts have been G,5jO,4A
bushels, against 4,4S7, l04 las. year,
while Atlantic exports have been only
LOSS, 10 bushels, against 2,70l, iS9 last
year. Corn is but little lower, though
beginning 90 move quite largely.
Tho Pennsylvania has ordered 10000
tons Of sios rails aud other ronds S..
900, but, the steel makers having
bought their pig, Bessomer is lower,
and also gray forge, aud the demand for
finished products is decidedly smaller,
so that tho average Of iron prices turns
downward for the first time since Feb.
ruary. COkp workers gain . por cent
more wages and coke is raised IS to 80
per cent. Wool speculation continues
with enormous transactions, lO,961200
pounds Tor the week, and for the mouth
3j.G3G. l7O pounds, OF which 1916, 700
pounds were domestic, against 81, 2SS,.
400 pounds In 1892, OF which 20, l07, 500
pounds we're domestic. but tho average
Of l0t quotations is lie lower than u
month ago. The manufacturers arc do.
ing well in drc8 goods aud many spo.
Cialties, bur have bost large amount of
the business ii mems woolens, aud
wool Is | per cent higher and goods .
per cent lower than year ago.