The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1890-09-12
THE COMMERCIAL WORLD.

The Weeks Business and the Outlook, aS
Reported by R. G. Dun q CO.-Trade
Generally Good with an Easier Feeling
In the Money Market-Business Failures
Etc.
New YORK, Sept 6.-R. G. Dun &
Co. s weekly review of trade says:
Another large failure-that of Sawyer,
Wallace & Co. comes at a time when the
effects of the Potter Lowell failure at Bos-
ton proves more disturbing than was ex-
pect ed. tits not believed that the joint ef-
fects of the two failures will be much felt in
legitimate trade. but the speculative mar
kets are affected. Other conditions are all
more encouraging. The Treasury has an
nounced a secon purchase of $40, 900, 900 n
per cent. bonds. and has disbursed during
the week at New York 1890 900 more than
IL has taxi en- in, and while the Bank of France
has lost nearly 100000 gold, the other
continental and London money markets
are undIsturbed. Foreign exchange
has risen from ass to 1854, but
the money market is fairly supplied on
call at per cent, and there is no unusual
pressure in the commercial loan market.
The prospect of speedy action on the Tariff
bill in the Senate and considerably better
sales By clothing dealers, have made the
wool manufacturers more hopeful, and pur-
chases of wsol arc larger at Boston, reach
100000 pn2nds. The dry goods trade, Is de-
cidedly larger than last year, with better.
movement of heavy weight woolens and
orders continuing for low grade goods. In
cotton .Ee demand is full and prices well
sustained. The iron manufacture is also
more promising; but pig iron is kept low
by the heavy supply. Copper Is stronger at
II cents; tin rising at "a cents and lead
strong at SLSO. 1.-THE anthracite coal
market is weaker. Tho accounts of
trade from all parts of the country are en-
couraging this week. At Boston the money
mn lot ia tu Dhtladalnhia the
liquor trade is active, chemicals in fair de-
mand and drugs aud tobacco quiet. Chi
cago reports smaller receipts of grain than
last year. except barley, decrease of half
in dressed beef, because of the stock yards
strike, and a large decrease in butter, but an
increase of 35 per cent. in cured meats; 200
per cent. in lard, and a heavy increase in
cheese and wool; while merchandise, and
especially dry goods sales, much exceeds
last years. st. Louis notes good tnde in
! nearly all lines. Cincinnati finds business
! favorable. Trade is fairly good at Cleve-
landi encouraging at Detroit; better
than was anticipated at Milwaukee;
unchanged at st. Paul, and fair at
Kansas City. From Jacksonville there
come brighter reports; at Savannah bust-
ness is brisk receipts of cotton for the week
being 21, 800 bales The speculative mar
kets are lower. 1t is theipfevailIng belief
that the second order by the Treasury to
| purchase. bonds insureS a fairly easy
money market for the fall. The volume OF
money in circulation increased $4,000, coo in
August, and is s45, 900 greater than year
+ ago. ..
Business failures occurring throughout
| the country. during the last seven days
numbered, for the United States, 167; and
| for Canada, Sc; total, 205; compared with a
| total of Is9 last week. For the correspond
! ing week OF last year the figures were 2O1,
representing 174 failures in the United
| States, and n in Canada. ......