Press enter after choosing selection

Weekly Review Of Trade

Weekly Review Of Trade image
Parent Issue
Day
17
Month
January
Year
1895
Copyright
Public Domain
OCR Text

NewYohk.- Dun'sweeklytnuie revtew says: Neither the beginning o( the new year nor thé lailure ot the eurreucy bill ha anv material change to business The Idea that business would suddenly take a new .start after the holidays had rather less foundation even than usual, but the hope ol strong revival a little lator Is stlll cherished by m;iny. There h'is not been mueh time for change in the in: dustries, but ditïerences observed since the new year began are not in the dtrection of i nittner pnces or larger demand. There are more indications of late that .stocks of dinerent kinds of gooda have been aceuinulating in i se-iuonce of past increasc in production. The iron industry i doing vastly better than a year ' ago. but indicattons of exeesa of produetion over demand aro fouud in further weakness of pnces Besscmer pig sells above the lowest ■ on record. Lnw pnces have checked business and are attributed by s(jme to the idea of ourchasers that the recent reduotlous in wagen and cost of materialá must be toUowed bv still lower priees. But the main fact is tha't consumption ia below expectations. The eotton manufacture reports decreased demand. Manv quotations of eotton goods are the lowe.st oh record, the week's trado belng quite ansatisfactory. Trade in woolens heslUtee beoause of tue large distribution from warehouse uniler new duties, but little change appears in prioea Speculat4on in produotí has boen more active Pailures the past week were 430 in the IHited Stiltes. against4T4 last year, and M In Cjnada against 57 last vear. ■ Nkw York- Bradïtreet s trade review sayg; I lhe new year bringifew reporta of au increasing volume of orders for seasonatile, coods Chicago, st. Louis, Boston. New York and Philadelphia report relatively greatest improvement. At some centers it ík too earlv to ]u Ige of the outlook for trade. Travelers' in tnany instances have pot all gone out i 'ontllence of wholesale dealers in staple linos is that the near future in buatness promises in:reaaed activity. with an upward tendency in luotations pronounced in some eities The best available data with respect to the sizo of iomestic wheat crops in 1869 and 18!U, together withsuppliesinsight at various dates, quantlties planted and exponed- and consumed bv farm stock in 1)4- to„'ether witu Hradstreefs repons of stocks out of farmers' hands, makc Q that the total wheat snppliea in the re 1S.000.Ito ;sof Uer.

Article

Subjects
Old News
Ann Arbor Register