The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1895-05-03
BUSINESS OUTLOOK.
Industries Gaining Steadily With
out Sign Of Hesitation.
Revival of Activity In All Directions
Strengthens Confidence i'm the uture
Prospects of Trade-views of
Commercial Agencies.
New YORK, April Pr. G. Dun 4

New YORK, April pr. q. Dun Il
Co. S weekly review OF trade says:
Neither the rising in speculative markets
nor the steady gain I'm 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 lags behind wholesale sales
and jobbing purchases behind production in
some branches. but through many conflicting
reports the fact shines out that the Industries
are gaining, not with "a rush and a
whirl, but more safely. IL is less
clear that railroads are increasing their
earnings, or that over production OF cotton
will be cured by the advance OF ~ cents in
price, or that cornering short sellers of
wheat will help to market the large
surplus But revival OF activity Ina all these
directions, II 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-
Trajectory changes. Quite number of
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
rising; wool and woolens are lower. 1t would
be distinctly unnatural movement, inviting
only distrust, II ii were sympathetic and with
equal step In all branches.
The Iron Industry.
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
in February March. The structural de-
mand far buildings throughout the country was
never better
Wool Prices Away Down.
Wool has sold at the lowest prices on rec
ord this week, 10 cents for Ohio Xxx and 3
cents for years Texas. and offers to clear of
stock before new supplies came forward
tempt manufacturers TO purchase beyond
present needs
Wheat Exports Checked.
Higher prices for wheat, nearly cents
above last weeks tend to check Atlantic ex-
ports, which, -four included were only 1858 ,s73
bushels for the week, against ESQ. AS last
year, though for the previous two weeks about
equal to last years
The Money Market.
Bank exchanges In April, thus far average
daily IL per cent. more than last year, but
1873 per cent less than in 1879 Money is com
ing hither from the interior and a larger de-
mand for commercial loans appears, especially
from manufacturing towns in New England
and from importers.
The Failure Record.
Failures for eighteen days In April showed
liabilities of 81 075,592 OF which s. 632 10 were
of manufacturing and s3,28s,S22 OF trading
concerns. The failures for the week have been
230 in the United States, against l79 last year,
and 81 in Canada against 70 last year"
Bradstreet's View.
Bradstreet's says:
The feature OF the week is the continued
strength OF prices OF staples after the strlk-
ing advances OF preceding weeks Per-
haps the most relentless advance has been
In hides within ten days Bessemer pig iron
and steel billets are practically unchanged In
prices with demand on the whole rather less.
but prices are firm. Steady quotations are re-