The herald., 1896-05-16
COMMERCIAL CONDITIONS
Trade Dull Throughout the Country and Col
lections Slew

lections Slew
NEW YORK, May 15.-Bradstreet's to-
General trade throughout the country
remains quiet, wholesale merchants con-
tinue conservative and distribution of gen.
mouth e character. Z South I and d Southwest
Unchanged from last week. At larger
start out. but unfavorable features in re,
cent weeks with respect to cotton and
change change Objections in most directions con- m
is Disappointing and quotations for Bes-
pors e w hsss {enr nsISded as whea
week amount to Iss.ooS bushels sgainst
in the. corresponding week one year ago.
a2o goo bHsse ~ I've 6 ysSrS aEo and as com
mercial death rate is continued at a total
Of 1853 business, failures throughout the
week, 30 in the week one year ago and iSs
In teh corresponding week OF 1894; There
are 81 business failures reported through
out the Canadian dominion this week. Last
week the total was SS.
Bradstreet's financial Review will say:
Speculative activity has ALMOST ceased.
four walls Of the board room and involves
only. the professional operations. The fluc-
sns ~
or features of special interest. The some
what exaggerated fears Of possible rup-
IN cab out
after producing slight bearish impress
sion, and SO far as the market can be said
latter part Of the week it was On the Whole ole
improved slightly mainly on covering OF
short accounts The continued shipment
course attracts attention. The amount taxi
en- out Of the treasury this week was
eSsek stock market yh aoStS aoes
effect and il; offset to to a certain extent
eSibs ~ taxing more n active nterest
isfled the coming election will result in the
of some Importance has been the crop sit
uatioIno PM. The government at 81, SroP report for
10Th n Tai ast tsrs
Beneficial rains in sections where they
were needed has only tended to create fur
Their buliish sentiment under this head.
DUN & CO.'S REPORT.
r. G. Dun & Co.'S weekly review Of trade,
which issues TOMORROW, Will say that 1t is
now the idss o. MAY toe lats for bns
poets Of coming crops are assured and de-
Unite shape has been given ,, t. the prss pres,
the future is more clear there is a pru-
dent Discrimination to produce much be-
yond orders. or to order beyond immediate
AIlu CtTtHiu HocuS. II ILLS WdAtnS spirit
prevails two months longer it will crowd
business II the outlook then is good. For
the present there IL less business on the
whole than q year ago though in some
branches more and the delay following
months Of depression Is to many trying
and causes numerous failures.
Wheat is unchanged In spite of all rum
ors and the Atlantic exports, flour included,
wnf pscse or yssr Mss
against 81, S06 received, have this year
been only half az l Ter s95 4iS bushels ex-
The Iron and steel industry on the other
hand ID pronounced as dull as It ever has
been In Its whole history at Pittsburg. in
part because OF doubt. about the MAIN
tenance of prices recently received and the
demand Is SO small that In spite Of such
advances prices average IL per cent lower
for the week. Bessemer pig being no high
err than 1t was three months ago at 1855,
while No. / anthracite Is lower at 1850
at New York. The attempt to hold COM
mon bar iron at LIZ cents leads many large
at II cents and prices of nails are expected
There is much promise for future struc-
tural work, but orders are deferred.
the past week sbasSo pounds eu at tt The 't tFee
chief markets, but for two weeks only
6,6S9 200 pounds against over i, Q00, 900 last
year. The large. drives In clothing have
cleared out stocks OF some ready-made
concerns, but check new business and the
general disposition u to postpone orders
AfAf ~ possible.
FAILURES Tor the week have been 224 in /