People's Pilot, Volume 4, Number 16, Rensselaer, Jasper County, 5 October 1894 — DUN’S STATEMENT. [ARTICLE]
DUN’S STATEMENT.
Hr view of the P*»t Work'* Trade—Some Comparison*. Nf.w York, bept 29. — R. G. Dan «fc Co.'s weekly review of trade says: Special inquiry h.is liren made this week at all commercial centers regarding the state of retail trade. Wide diversity appears In different trades. The "main facts disclosed are: First, marked improvement in the last month and a considerable excess over the business done a year ago. particularly in the necessaries of life. But. second, it appears that tbe volume of trade r.t present is on the whole considerably less than in a normal year at most points, and in the more important trades is apparently about 99 per cent smaller than in September. 1898 Evidence of continued improvement in wholesale trade and manufacture does not appear this week. There Is large distribution on orders given some time ago. but new business going to the manufacturers Is everywhere slackening. The completion of orders for replenishment of stocks leaves a narrower demand and it is yet too early for consumption to provide further order*. The depression in prices of farm products will have some influence. Unprecedented records have been made in cotton and wheat, though as to wheat only in contracts for future delivery in which the prices are the lowest ever made. The available stocks are about 15,000,000 basbeis greater than a year ago. and western receipts for the week were 5,252.716 bushels, against 6.191,034 last year, and since August 1, 51.000,009 bushels, against 38,000.000 last year. nit is encouraging that the speculation in corn has broken and the price has fallen live cents, less gloomy estimates than those of the department having gained general acceptance. It is now supposed that the yield is not far from 1.500.009.000 bushels, which will compel much economy in feeding, but speculation in pork has -also broken, and the price has fallen 75 cents, while lard has declined half a cent. Failures are few and small for the week, liabilities amounting to 85.278,285, of which F8.L88.3i3 were of manufacturing and $2,575.113 of trading concerns. The failures during the week have been 235 in the United States, against 331 last year, and 55 in Canada, against 33 last year.
