Rensselaer Republican, Volume 28, Number 12, Rensselaer, Jasper County, 21 November 1895 — TRADE OUTLOOK. [ARTICLE]

TRADE OUTLOOK.

Decreased feomari In-Many Linea . ... , , . -fief. ®asfcao3a ■ -v:y, 'A V*' /* -«? —•v & ft; —v (ixtan-,. However, fUeif’ a« liqex-' pee tea jniprov-t,. ent-So*i in the Movement of Gold to Europe. New York. Nov. IC.—Bradstreet’s review of trade for the past week says: “The condition of general trade, as telegraphed from leading distributing point-* throughout the country, continues irregular and without material change. There fi a distinct failing off in demand for iron ami steel, with perhaps the heaviest reaction in quotations in those lines reported In any week since the late boom in those metals reached its climax. Central western cities continue to feel the unfavorable Influence of unseasonable, znjttd weather, which Is true as well of cities at the northwest Then there is the fcong list of decreases tn quotations for merchandise, wheat, corn, oats, pork, lard qjid coffee, among food products; cotton and print cloths and lumber (at Boston;, as well as various grades of iron and steel, copper, lead, and weaker quotations for tin plates. The converse Includes an unexpected Improvement In woolen goods. Increased orders for manufacturers and higher priees for several qualities of goods, in addition, there is a continuance of the improvement reported for weeks in bank clearings, as well as tn gross earnings reported by raUwaya having 100,000 miles of main lines.” Dun’s Report. K. G. Dun & Co. any: “The scare about gold exports had no real signilicance, and, although 42,250,000 more will go out, the stock market has beSb recovering. The collapse of Kaffir speculations abroad lias forced many to realize on Americans held, and the impression that our government may have to bor row again also operates to our disadvantage. But there is no local disturbance of money m&rkcLS, stocks are 80 cents per failure airunger than a Week ago, commercial loans ai e not large and the deinanu tor moving crops has. been remarkably small, so that on tne whole the ’money market has shown very unusual strength and_steailiness tor me ialt-seasoh. Hie Crop iti-port. “The government monthly crop report has caused, as usual, rather more uncertainty- as to its interpretation than pre - viousiy existed as to crops. Receipts front .Plantations. 25 per cent- less than last year. if of value, would indicate a crop of over 7 t 2iiii,()(iii on ten, luii nrganlgatioxtxahoid back the crop renders uie comparison of less use. The bottom fact is that even a smaller crop than anybody expects, with the 3.000,OUU bates carried over, will assuredly prevent any lamme In cotton. Meanwhile the exports uecrease 3ti per cent, in quantity. Tne iron Juoustry. “The startling tact is mat the demand for products of iron and steel tails off, notwithstanding me increase in output of pig, and thouglt only a tew concerns have closed or reduced work or wages on 0000*0111 01 lack of orders, prices are sinking, having decihieu 2.7 per cent, lux - the wtek and t>.4 per cent, from the highest point. Domestic Trade increases. “The volume of domestic trade appears from clearing house exchanges 17 per cent, larger man last year, but 11.4 per cent, smaller than in ISS2. the earnings of railroads, 2,t> per cent, greater than last year tor the first week of November and 2.y per cent, less than in ISM 2, are better than for theprevious tour weeks,and tonnage movements are 12 per cent, larger than ih any previous year. The Failure Record. “Failures for the first week of November amounted to against 42,844,446 last year, and for October show liabilities of 6115,637,621, against $11,127,260 last year, and 424,654,132 in 1863. For the past week failures have been 283 in the United States, against 270 last year, and 49 tn Canada, against 38 last year.”