The Russellville Democrat., 1890-09-11

The Weeks Business and the Outlook, as Reported by R. c. Dun & Co.--Trado Generally Good with an Easier Feeling in the Money Business Failures Etc.
 NEW YORK, Sept. CIR. c. Dun & Co.'S weekly review of trade says: Another largo failure--that of Sawyer, Wallace 6 Co., comes at a time when the effects of tho Potter Lowell failure at I3os- toh proves more disturbing than Was ex. pect ed. Itis not believed that the joint ef. fleets ofthe two failures will be much felt in legitimate trade, but tho speculative mar kets arc affected Other conditions are all more encouraging. The Treasury has an- nounced q secon purchase of s2l,010Oo0 A
 per cent. bonds. and has dsbursed during the week at New York S7,9o9,00o more than 1t has taken in, and while the Bank of Franco
 has lost nearly s2000,0)o gold, the other continental and London money markets
 are nndlstuTbsd. Foreign exchange
 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 wool are larger at Boston, reach- 3, LOG, 900 pounds. The dry goods trade Is dc. cidediy larger than last year, with better movement of heavy weight woolens and orders continuing for low grade goods In cotton the demand is full and prices we'll sustained The iron manufacture is also
 more promising; but pig iron Is kept low
 by the heavy supply. Copper is stronger at r cents; tin rising at 22 cents and lead strong at s4s0. lThc anthracite coal
 market . Is weaker. The accounts of
 trade from all parts of the country are en. couraging this week. At Boston the money
 market is pretty stiff. At Philadelphia the liquor trade Is active, chemicals in fair de-
 mand and drugs and tobacco quiet. Chi. cago reports smaller receipts Of grain than
 last year. except barley. decrease of half in dressed beef, because of tho stock yards
 strike. and large decrease in butter, but an increase of 35 per cent in cured meats; POO
 per cent. in lard, and heavy increase In
 cheese and wool; while merchand ise and especially dry goods sales, much exceeds
 last years. St. Louis notes good trade in
 nearly all lines. Cincinnati finds business
 favorable. Trade Is fairly good at Cleye-
 land; encouraging at Detroit: better
 than was anticipated at Milwaukec;
 unchanged at st. Paul, and fair at
 Kansas City. From Jacksonville there
 come brighter reports; at Savannah busI-
 ness Is brisk, receipts of cotton for the week
 being 2l, 300 bales. The speculative mar
 kcts are lower It is the2prevaiing bolief
 that the second order by the Treasury to
 purchase bonds insures fairly easy
 money market for the fall. The volume of
 money in circulation increased s4,30l, coo In
 August, and is s4j 100000 greater than year
 ago.
 Business failures occurring throughout
 the country during the last seven days
 numbered, for the United States, l67; and
 for Canada, 36; total. 205; compared with a
 total of ls9 last week. For tho corresponds
 ing week of laat year the figures were POI,
 representing IT failures in tho United
 States, and 27 in Canada.