Clarksville evening chronicle. (Clarksville, Tenn) 1886-1890, 1888-11-26

Of the Condition of Business BY
Il. q. Dun & Company.
FOR THE PAST WEEK IT HAS nIADE
FAIR PROGRESS,

And the Prospect for Further Improve
ment is Considered Good Exports Of
BreadstuGYs From Atlantic Ports Re-
markabIy Light - Collections satisfac.
tOry-Failurea.
New YoRK, Nov. 96. r. g.. Dun & Com
pany's weekly review of trade says:
Business has made fair progress during the
past week, and at most points tho prospect
for further Improvement is considered good.
The engagements of gold for export amount
to s., 730. 900 for the week. The immediate
cause is not the state of merchandise trade.
At present foreigners do not seem to regard
American railways with the confidence
formerly shown, in part because OF their
damaging competition, and in part because
the effects OK the interstate commerce act are
thought serious. The stock market has de-
clined an average of S. per share.
The exports OF breadstuffs from Atlantic
ports have been only l30,372 bushels OF
wheat in three weeks, against LOSS, ,S2e
bushels last year, and 40S, ,497 barrels -four,
against CAS-, ,69S last year, with an increase OF
$4,000 bushels corn. Removal of duties Il
Portugal caused small shipments OF wheat
thither, but from other markets the current
price still excludes Atlantic wheat though
the decline here has been four and half
cents for the week, with sales OF 30, ,00O, O0C
bushels Corn and oats have scarcely
changed. Pork and hogs are shade lower,
with lard stronger. No change appears in
cotton. Coffee has advanced half a cent
with sales of 4o3, 600 bags, and oil is practi
cally unchanged, with refined shade lower.
Business is satisfactory or improving at al
northwestern points reporting, and money is
in good supply, unless Cleveland, where some
stringency appears, be reckoned an excep-
ton Collections at all points seem fairly
satisfactory. At Memphis trade does not
| improve, and dealers are more anxious
about collections than about sales. The an
thracite trade is dull and weak with demand
sackening, and at Pittsburg suspension OF
| Monongahela mining to December is
attributed to distractions on the river.
| The coke trade is active, with more ovens
building. Three companies have taken or
ders for 5000 tons steel rails at $2S anc
other eastern mills have refused $3.50.
Bar iron is irregular in price, and southern
| sales of pig at the east are checked by un
| Willingness UL ThllTOhuS w A0hVOc pi SoCh
rates for the future In the dry goods bust
ness there is comparative inactivity. Th'
great activity end advance Of about two
cents in wool encourages hope that the trad'
in goods will improve, and some improve
ment is already seen in hosiery and il
some light weight goods Cottons arr
generally steady, with some discounting OF
wide sheetings; print cloths are unchanged.
| The boot AMI shoe ira 1e improves, with
leather irregular.
In the silk manufacture it is reported tina
the years production equals $45,0O0,0O0 in
value, about half the entire consumption.
The treasury has paid out only 100000
more than it has taken in during the week
and the interior demand for money ha
sackened. The exports for three weeks fRi
per cent below last years at New York
with imports per cent. below, which point
to a considerable excess of exports over i'm
ports fol the month. But if foreign reGliz
| ing on American investments continues, TIM
state of the merchandise trade will not pre-
vent some outgo of specie
| The business failures of the week number
296, as compared with 2S7 last week, and ~
the week previous For the corresponding
week of last year the figures were @O7.