The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1895-01-19
ABOUT TIE SAME.
No Change Appears IN tho Trade stu
ation-The Outlook.
NEw YORK. Jan. AR. G. Dnn's
weekly review of trace saws:

NEw YORK, Jan. AR. G. Dun's
weekly review of trace says:
Neither the beginning OF the new year nor
tho failure OF the currency bill. has brought
any material change 20 business as yet Tho
idea that business would suddenly take q
new start after the holidays mad rather less
foundation even than usual but the hope Of
strong revival little later Is stin
cherished by many. The currency bill.
with its possibilities Of vicious amend
r.enis was a source OF apprehension 10 some.
but with that out OF the way. the deficiency OF
treasury receipts remains. and exports OF gold
dc not cease There has not been much time
for change In the Industries. but differences
observed since the new year began tro not In
the direct on OF higher prices or larger de-
mand. There are more indications than OF
late that stocks OF different kinds OF goods
have been accnmuiating In consequence OF
past increase in production.
"In tho boot and shoe manufacture incrcas-
iLg disposition 10 restrict orders, where any
advance In price Is asked unsettles the BUSH
ness, for while some manufacturers have or
ders for six weeks or moro. most OF them re-
quire further orders 20 run more than about
two weeks. The question whether prices now
demanded for leather are too high Tor healthy
trade may be determined only after some en-
barrassmcnt.
THE cotton manufacture reports decreased
demand. Many quotations OF cotton goods are
the lowest on record the weeks trade being
quite unsatisfactory. Trade In woolens hesi-
tates because OF large distribution from ware
houses under new duties. but little change APP
pears IN prices. and heavy woolens are expect
ed 20 omen az about last years. quotations
The demand for dress goods has been remarks
ably satisfactory until within two weeks, but
; has fallen on
"Tho customs receipts for six Gays. including
the two days in which heavy Withdrawals OF
woolcns from warehouse we're the feature.
amounted 10 $500 $40. but the total receipts
for the month have been only g. "a 3i5 against
expenditures OF sl4,o5LW7. About $4,000
worth OF sugar came In last week. and when
stocks on hand are distributed larger rev.
enue from that source may be expected. but
while the general consumption OF the people IL
still restricted, revenue must prove deficient
Speculation IN products has been more ao-
tive Corn has risen sc, and though receipts
are but little over half last years, the prao-
ical al appearance OF the port demand then
large counts for about as much. As receipts
OF wheat have fallen 70 l305,7Of BUSH
els against lsis5S2 last year ana ATTAIN
tic exports have become larger than a
year ago. the advance OF 10 cents in price n
not surprising. Cotton IS so low that scarcely
Eny reason IS needed for fractional recovery.
but with. 1000 600 bales already IN sight, and
the stocks abroad for months, there is little 20
cause much recovery.
"The extraordinary economics 20 which rail-
roads have been pushed arc shown by the
building OF only 6a5 locomotives and 1909
freight cars In 1884, against scii locomotives
and 81 ,si6 freight cars Ia 1893
"Thore is more money coming IN from tho
Interior, and tho business OF the country does
not yet AFFORD larger use for II. so that no gain
appears in commercial leans. II Is most sig
nihcaRt fact that money stlll comes 20 this
center largely during the lrst two weeks OF
January
Failures for the first three days OF tho
year we're rather large. as Is natural with liza
bilities OF : or eOs Of which S2G83si we're OF
manufacturing and Si,3i7.s7s OF trading con-
terms. Failures this week are 400 In tho
United States. against 474 last year, and "a ia
Canada. against 81 Inst ycar