Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1897-02-06
APpEARANoEs pEcEP1wE.
Real Gain shown in Trade, Although
Progreas II slow. l

New York, Jan. 50.--R. G.. Dun & Co.,,
in their weekly review of trade, say:
Nearly everybody had promised him,
self a land of milk and honey after New,
Years, and the slow progress looks like,
standing still to men in such a state OF
mind. Moreover, there are multitudes,
throughout the country who have been taxi
Ing large ventures in advance of or apart
from their regular business because they
expected a rise in prices. But prices fail
as vet to bring them profit. Wheat has de-
clined severely, cotton has scarcely rtseH
enough to pay brokerage, wool holds
steady IN spite of enormous buying, woolen
goods hardly change in price, iron and It's
products decline, leather is sluggish, hides
are lower, for some shoe manufacturers
accept shade lower prices, the average OF
railroad stocks is slightly lower than II
was December 81 and the advance in trust
stocks has been small. To traders In such
properties the month has been disappoint-
Ing. Yet during the week the record shows
that ten iron works have started and only
two h2ve stopped. 1S woolen mills have
started and nine more are about ready
to start, while three have stopped. It
would do more harm than good to exagger-
ate the Improvement But study OF con-
ditions governing business indicates that
the wheels are on the right track and NOV
ing in the right direction. Merchan-
disc exports from New York in January
have been about per cent larger than last
| year and imports Is per cent, smaller than
last year when the excess of exports was
over S1S000,000, while cotton exports from
other ports have also been larger.
! "The decline in wheat of over cents, in
| spite of an official report of yield far below
estimates generally accepted, reflects
perception of the error of the report,
and also of the influence of enormous
| exports Of corn instead of wheat-S0, 0O0.-
| 300 bushels In seven months. When two
bushels of corn can be had for less than
one bushel of wheat 1t is largely preferred
| In European markets, and In January
| tS59, ,127 bushels of corn have gone abroad
from Atlantic ports, against 3D6,349 last
year, while Atlantic exports of wheat and
| iour have been 6,535,14 bushels, against
| s,S43,679 last year. AS the great crop OF
| corn prevents much advance in Its price,
| ts outgo affects the demand for wheat. A
| heavy liquidation of speculation has oc-
CURED. with the price of corn scarcely
changing"
Bradstreet's says:
There Is a moderate increase in the dis
tribution of heavy winter goods, but COM
mercial travellers very generally report
that buyers are even more conservative
| !han earlier in the month, and that whole
| sale trading in January, except in lines
| specified, is smaller than for years. Mer-
| santile collections are interrupted, and the
| Improvement looked for In Eon and steel
| 8 not in sight. The most favorable feature
| Of the business week Is the sudden and
| sharp falling Off in the total number of
| business failures in the United States, the
| aggregate being 326, compared with 429
| INST week. q decrease of 10o''