Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1896-01-31
INJURIES TRADE.
Inactivity of Senate and Its Effect
as Viewed by Dun.
Improvement Noted the Past Week
More Apparent Than Real
Record of Failures.
New York, jar. a5.-R. G. Dun 4 Co.

New York, Jan. Pr. G. Dun & Co.,
in their weekly review of trade. say:
1.-THE week has been marked by an i'm
provement apparent rather than real
Prices of some products Rave risen, but
only because supplies are believed to be
smaller than was expected. Prices of PHI:
iron and billets have risen, but because
coke and ore have been made dearer AMI
not because Of any BITTER demand for fln-
ished products. Money has been easy.
but only because more has been borrowed
from Europe at a time when the actual
balance of trade takes money hence to Eu-
rope. The senate still Injuries business by
doing nothing, and the treasury cannot
expect to gain in gold rs yet. but loses less
than was expected. 1t Is generally as
sumed that the new loan will be placed
without difficulty. Business at the mills
does not revive. Payments through clear.
ing houses for the week ale Go per cent.
larger than last year but 80 8 per cent.
less than in 1893, being less satisfactory
than for q long time.
Foreign Reports.
IA deluge of foreign reports favorable
to wheat speculation found ready answer
in an advance Of over five cents here ii,
spite OF western receipts, 90 per cent.
larger than last year. Atlantic exports
for the week We're also much larger than
last year, for the first time in several
months, but for the ciup year to date, ali
exports have been about 1l,6O0,00J bushels
smaller than last year. The market has
the idea that foreign demands hereafter
must be much greater because of deficient
supplies elsewhere, but no one expects
that the Increase will he at oil commensu-
rate with the enormous increase of western,
receipts. Corn advanced because wheat
advanced, receipts and exports continuing
as before.
Textile industries do not gain. With
materials practically unchanged, they halt
because the demand for future delivery
is SO narrow. Cotton manufacturers hava
for months been storing up goods, bu.
prices have gradually declined ever since
October, until now the average is four per
cent. lower than at that point Wooden
goods also tend lower with small demand.
and are practically at the prices of a year
ago. though wool is higher. Nor is there
anything new in the boot and shoe indus
try, for though hides are about Sis
per cent. lower than fortnight age.
leather does not change, and boots and
shoes are but slightly lower. The iron and
steel business finds encouragement in the
advance of Bessemer pig to $l3 at Pittsburgh.
and gray forge to sll2i, but these are re-
suits of the advance ordered by combina-
tons in coke and ore.
business Failures.
Failures for 10 days of January have
shown liabilities amounting to SIP 6sS,617.
against $3.50. 2u9 in II days II last year and
$13,G5S,990 In Is days OF 1891. The failures
for the week have beer S73 in the United
States, aguinst 1863 last year, and 81 in Cam
ada, against SO last yesr."
Bradstrcet's Views.
Bradstreet's says:
IAN analysis of special telegrams to
Bradstreet's from the more important BUSH
ress centers throughout the country shows
considerable irregularit5 in trade the most
favorable feature being the tendency OF
staple prices to advance.
Eat such centers as Chicago and st.
Louis reports are made that interior mer-
chants have been disappointed In tire sea.
sons business, and are buying somewhat
more sparingly than expected. although
many jobbers at those cities report that
travellers for clothing, dry goods. shoe and
hardware houses are taking far orders
for spring delivery"