The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1897-07-07
Bradstreet's Observations.

New York. July 2 -Bradstreet's to-
morrow will say: Better weather has
favorably affected the sale of seasonal
able goods. particularly clothing. hats
and shoes. Orders for prompt ship
ment are fewer. but the movement of
goods for fall delivery has begun.
The most encouraging feature is the
continued and 10 some instance increas-
ed confidence of merchants and manu-
facturers that the autumn will briog a
large volume of business at higher
prices. General trade is reported quite
satisfactory at Kansas City, St. Louis.
Omaha, Memphis and New Orleans;
fair without special expansion, at Mil
YANKEE, Minneapolis. Cleveland, sa-
vaunab, Galveston and Chicago; /; aud
slow or quiet at Birminghaua. Little
Rock. Alaota, Charleston. Cincinnati
aud Detroit None of the large East
ern centers record an increase. The
least favorable feature Of the week is
found in disappointment at lack of de-
maud and reaction 10 quotations for
some varieties of iron and steel. The
threatened idleness of 100000 iron,
steel and glass workers and soft coal
miners is. except in the latter instance,
due in part, to the season of the year.
Exports of wheat (acur included as
whea: from both coasts of the United
States aud from Montreal this week
amount to 2, 676,883 bushels. against
2,156, 600 bushels last week. 2. 01,000
bushels in the last week of June, 1896.
2,007, 900 bushels in the ike week of
1895, aud 1860, O0o bushels in 1895, as
compared vita 3,6777,000 bushels
in the corresponding week in
1893. Exports of [uaiau corr amount
to 1928 93S bushels this week, as
compared With 2,2Sl, 900 bushels last
week, l .699, 900 bushels in the CORES
ponding week last year, 38S.000
bushels 10 the like week Of 1895. $780,
900 bushels in 1894, aud as cootrasted
With $4,000 bushels in the cores
ponding week Of 1898.
There we're 1924 busioess failures
reported BY Bradstree:'s throughout
the United States during the past six
months. falling eff Of 578 from the
like total last year, with which ezcep-
zion it is the largest aggregate Of fail
ures in like period. The total Iiabil-
ities of individuals, firms and corpora.
,ions failing amount to 500, 3,656,000,
decrease OF 81, ,S79, 600 from The cor
responding total last year, and Of ST.
204 900 from the liabilities reported 10
the FIRST half Of the panic year Of 1898
This total is also smaller than 10 the
first half of the year 1884, with which
exception it is the largest recorded for
the six months period in eighteen
years. While there has been oaly
moderate decline 10 the number of fail
ures since last year, liabilities have
been unexpectedly increased by the en-
barrassement Of several large maoufac-
turning concerns in New England
within the past quarter. 1t is worthy
Of note that the New England States
and the Territories alone among groups
of States and territories report iocreas-
es 10 the number Of failures. compared
with last year.
There have been 1,074 business fail
ures reported from the Dominion Of
Canada to Bradstreet's during the past
six months, 110 less than in the first
half Of last year, With aggregate liza
bilities amounting to $7;6l8.o0o,
decrease of about per cent. There
are 80 fewer failures 10 the province of
Ootario and IS fewer in Quebec, but
liabilities Of falling traders in the for
mer show slight increase. while those
in the latter indicate a moderate de
crease. compared with the corr espoud
ino neriod asr year