The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1891-08-21
fHE CONDITION OF TRADE.

The General state of Business Through
out the Country as Reelected Thorough
R- ID Dun & Co.'S Weekly Review-Tho
Grain Markets of the World Affected by
Russia'S Rye Uknse-The Crop Prospects
OF the Country Decidedly F1attering,
and tho Eject Being Felt I'm Business
Failures for the Week, Etc.
New YORK. Aug. Je.-R. @. DUN a.
Co.'s weekly review of trade saws:
The prohibition of exports Of rye by Rus
sia because OF the official declaration that
famine is impending, has suddenly affected
the grain markets Of the whole world. Rus
sia usually exports about 50, 900 900 bushels
OF rye, and men reason that other grain i'm
large quantities will be required Crop
prospects grow brighter every day, and
with Assurance that the country will not
only have enormous supplies of grain. but
market for IL at good prices, business Is i'm
proving throughout the north. The move.
ment begins close to the farms; country
merchants are buying more freely, and their
purchases are felt by wholesalers and manu-
facturers. Trade at Boston shows improve
ment, wool sales reaching 3.752. 900 pounds
and the demand for goods is Improving.
Cotton goods are also In better demand At
Philadelphia there is general Improvement,
particularly in wool and woolens, in dress
goods. il paints, and In tobacco. At Cleve-
land tradeishows some Improvement, though
Iron IN demoralized. At Fort Wayne i'm
proveinent is noticed. although the building
trade is so per cent. behind last years but
at Cincinnati trade is only fair, southern
business being smaller. At Chicago increase
Is noted In almost every branch of trade ex-
cept cured meats, with wheat receipts 1ive-
fold last years. At st. Louis busi-
ness is increasing In almost all
lines, though lumber and building
materials are dull. and at Kansas City
the cattle and packing trades are light and
wheat not moving freely; but general trade
Is improving and healthy. At st. Paul bust.
ness Is unusually brisk and country mer-
chants are buying very freely. The south is
I'm very different condition. The great
surplus of cotton last year. and the prospects
OF an equally large crop this year, threaten
lower price than producers can stand, and
trade and collections are both poor in that
section. There is distinct Improvement
In the demand for cotton goods,
which the mills now produce with profit at
lower prices than ever. Actual sales OF
clothing and of wooden goods appear to bo
larger i'm the aggregate than ever, but the
manufacturers arc embarrassed by COM
parative scantiness of orders for the future.
The monetary uncertainty operates to pre-
vent large commitments I'm advance. I'm.
provement in iron is felt at Philadelphia IS
to the better grades Bar iron is dull, but
the demand equals the supply I'm plate and
structural iron, and the prospects are con-
sidered good. In rails nothing is doing, and
sales I'm July for the whole country were but
900 tons, against actual shipments OF 1sO.-
600 tons Exports of wheat for the past
week have been three times last years. and
western receipts average about 100000
bushels daily, though in some quarters the
movement is retarded by the hope of a
higher market Tin has declined here to
10 80 cents for August, but is higher I'm Lon
don, and sales of lake copper are reported
at ll95 cents Labor troubles I'm the
Omaha smelling works have ad-
vanoed the price of lead to lI5 cents;
and the coal concerns have agreed upon an
20 take effect September ], although the
market is still dull and the shipments sine
January have been 1888, ,991 tons greater
than last year. The advance in prices dur
Ing the past week has averaged nearly per
cent. for all commoditi Foreign trade
continues to improve, for while imports
have declined largely, the exports for two
weeks of August have exceeded by nearly ~
per cent. those of the corresponding weeks
last year. In the main the interior money
markets are I'm fairly good condition ex-
cepting at the south. and at Philadelphia
confidence is gaining; at Boston rates are
easy; at Chicago money is in healthy de-
mand. with supply sufficient for legitimate
trade, and at st. Louis rates are to per
cent. with no money going into speculation
except in grain. IL Europe is able to send
cash for all the food It will require this year,
It is probable that the country will not lack
money long.
The business failures occurring through
out the country during the last seven days.
number, for the United States, 202, and for
Canada, 25. or total of 227; as compared
with total of 231 last week, and 247 for the
week previous to the last. For the corre-
spending week of last year the figures were
l97, representing Ia failures in the United
States and % In the Dominion of Canada