The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1889-08-23
State OF TRADE,
An Increased Volume Of Busi-
ness and Improved Crop
Prospects.
favorable Reports from the Cotton
Ftelds-Money Easy on Gall and
FIRM on Time-Large Increase
In Railroad Earnings.

1
Special kilograms to Bradstreccs report n
somewhat larger volume of trade at Phila-
| uelPhia, Pittsburg, Louisville, Cincinnati
kansas City, Chicago and Galveston, and at
oener points the lookout for the Autumn
Hade is bright. Anthracite coal and lum-
oer as the East remain quiet, and raw wool
ures among manufacturer ~. iurs Has urrect-
ID general trad, in some degree at Boston.
kontucky's tobacco acreage is reported at
'oa75 psr cent. Prices are advancing on pros
pecttve short crop aud renewed purchases.
Hog products arc stronger, notably Western
steam lard. At San Francisc, 200 900 bush.
els OF wheat have been chartered for Braz,
and 81, 900 shipped to Australia.
Although narrow, stock speculation ia
strong, and prices advance on the increasiny
grain movement at the West Interest
seems to be growing and unusual con fidenca
Is expressed in the probability Of more active
movement in speculation ana Investment
Bonds are strong, with increasing demanI
Money at New York Is easy on call aud firm
on time. Gail loans, 3a4 par cent Time
dull, but firmer on the advance OF rates ut
London. Gross earnings OF 12l railroads for
eight months OF this year amount to s3)I
47S, ,264. against S1S8, ,33l, l9l during tho cor
responding period OF 1883. The mileage upon
which those figures are based is 73, lao.
against ~. 1873 miles last year. In July, 1855
only twenty-one companies showed decreases.
az compared with July, 1883, while in June.
1859. returns from forty companie.
~ero susallor than IN Juue, 1883
There 10 an Increased activity in dry goods
jobbing lines at New York, but notably in
cotton and wool dress goods Southern and
Southwestern Jobb,rs are tho chief buyers
Commission m.n report trade moderate
Prices n whnlC v
bic exception being in print cloth futures
which are weaker. The export demands for
cottons is less active. Wooden good. are I'm
moderate sale at recent advances C2I%,7II
quotaably lower, on less active dem,nd'
Raw cotton Is in fairly good demnnd
ut unchanged quotations Near new
crop futures are higher on less favorable
crop reports.
Prices Of raw sugar are shaded. with con-
tined restricted takinys by refiners and oniv
moderate decrease in arrivals, thus increas-
ing stocks at four ports l0,3f5 tons. The
worlds visible supply Of sugar is given at
549 ,o!6 tons. rse:ns. SIS, lG5, tons last week
has been in moderate request, nlthom1b
marked down nc on Friday. Coffee "a been
variable with the result on the week of a
moderate advance, 10 to 81 points. In dis
tri6utiye lines the movement has been fairly
CSHss 5pTise6 SHshs Rf9EK abRsSfq abf sS a.
pend upon the Brazilian crop. Should that
crop equal 6,0oO.OOO bags, lower prices are
likely to rule, but il the total is only about
4n' ooo bags, higher prices will be in pros
pect.
The week has brought a reaction In bread
stutfs, caused by improved home and
foreign crop reports, moderate export de-
mand and stronger ocean freight rates.
Flour declined 5ll5c on free offerings of new
product, wheat 19al1ac, Indian corn, on free
offerings, Mc, and oats, with very favorable
crop reports, 1s,lAc.
The business failures occurring throughout
the country during tho last seven days num-
ber, for the United States, l6i, aul for Can.
ada, 81, or u total OF POI failures, as compar-
ed with total Of 2lO last week. and ZIG the
week previous TO the last. For tho CORES.
ponding week Of last year the figures were
233 representing POS failures in the United
States and % in the Dominion of Canada.