The age-herald., 1897-11-06
TIE KILLING FROSTS SOUTH
And Consequent Raising of Quar-
 antines Help Trade,
AND RESUMPTION IS NOTED
Leading Manufacturing Industries Are Fairly We'll EmplOyed-0utOOk For Higher Prices
 in Iron Unchanged-Trsnd of Trade.

ID tfOn UnCndDRcu -iECHu ol ltduc'
 New York. Nov. 5.-Bradstreet's today will say: Killing frosts south, the rats- ing of quarantine embargoes in nearly all states invaded by yellow fever, the resumption of traffic and a prospective revival in demand for staple merchant disc constitute the trade features. of the week.
 Rains in central western and western states, followed by colder weather have favored farmers and stimulated demand from interior store keepers. This had a favorable effect at Louisville, St. Louis and Kansas City. Jobbers in northwest- ern states are awaiting seasonable weather to stimulate the movement of heavy dry goods and winter clothing. Features at larger Pacific coast cities are confined to sales of merchandise and provisions for the Klondil1e, and the heavy foreign shipments of wheat and four Larger eastern cities report no in crease in the general merchandise move ment. New England centers report that orders from the west exceed those from the south or east. Leading manufactur- ing industries continue fairly well em- ployed. While there has been a moder- ate reaction in iron and steel, furnaces and mills continue we'll employed, and the outlook for higher quotations next year is unchanged.
 In addition to lower prices for south ern and Bessemer pig and for steel billets quotations for naval stores, wools, cop per, coffee, pork, flour, oats and wheat are lower, while those for cotton, print cloths, sugar and beef are unchanged, and corn, lead and lard shade higher. Exports of wheat (flour included), from both coasts of the United States and from Montreal this week aggregate 5,477,156 bushels compared with 5,911, ,691 bushels last week, 3,477.000 bushels one year ago, 2,567, GOO bushels two years ago, 2,6S9,000 bushels three years ago, and as contrasted with 2.8130o0 bushels in the corresponding week of 1893.
 Exports of Indian corn this week amount to 2,199,55O bushels, compared with 1,5S9,000 bushels last week, 2,407, 900 bushels in the corre spond,ng week one year ago, 1,225,000 bushels two years ago, 73,00O bushels three years ago, and as
 
 first week of November 1893.
 There are 223 business failures reported throughout the United States this week, compared with 218 last week; 223 in the week a year ago, 260 two years ago, 261 three years ago and as compared with 333 in the first week of November 1893.
 Dun's Review
 New York, Nov. 5-,R. G. Dun & Co.'S weekly review of trade will say tomor- row: Stronger proof of the great change in this country could not be given than is found in the detailed repont of faiI- ures by branches of business for the month of October. Though swelled by few large speculative or brokerage failures, the aggregate is smaller than in any other month for more than four years, except in July and August, and one month in 1894. The manufacturing and trading failures, $7,S23, ,999, against S7,S30,S11 in September and $7,760, ,S35 in August, include one for $1, ,000,0O having no relation to the present state of busi- ness. During the four years iron manu- featuring failures have net been smaller except in one rnonth; wool manufactur- ing, except in three months; leather and uncIa manufactures, except in four months, and cotton manufacture except in four months. Of trading concerns failures have never been smaller in gro- ceries, jewelry and books, except in one month; in clothing furniture and un- classified trading, except in two months, and ten manufacturing and eleven trad ing classes out of fourteen each have ney- CT reported smaller failures in third of the past forty-eight months.
 Tn, r,ro1yenne11t ro cene,.al 1rith ra- markedly low average of liabilities in most classes, has cneaning which can not be mistaken. The quiet following the great rush of orders and purchases for over two months is still felt in many branches, and by unSeasonably mild weather, yet the mills are obliged to re- fuse many orders because of being un- able to fill previous engagements soon enough. It Is in every way fortunate for the industries and would-be buyers, since speculative purchases would other wise advance prices so fast as to make reaction probable.
 More works have joined the active list, including some long idle, and the pro- duotion in iron manufacture is the great est ever known. The output of pig again exceeds the demand, which naturally dl- minishes near the close of the year, and prices yield slightly. but the consumption is kept at rhe maximum by pressure of orders, which the works are not able to fill ia enough The Illinois Steel com pany, shipping 5,o0o tons of finished prod uots per day. is behind Eastern and western orders accumulate for railway materials, for cars and bars, for ship plates and structural forms.
 Manufacture is doubly hindered by de- T hU lItY1,l l1ea ion faf goods, with slow distribution, so that print cloths have fallNn ito 2.31c., new low record, and staple goods are sold at