The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1891-12-18
MONEY AND BUSINESS.

The Condition of Trade and Finance
Throughout the Country as shown by
II. G.. Dun Co.'S Weekly Review
Holiday Trade Increases the Volume of
Business While Favorable Monetary
Prospects Strengthen the Market for
Securities.
NEW YORK, Dec. 12.-R. G. DUN q
Co. IS weekly review of trade says:
As the holidays draw near all signs indicate
large volume of business at the present, with
growing confidence Of improvement in the
future, except in parts OF the south, where the
unusual accumulation of cotton aid 1fs low
price have depressing influence. Reports from
all parts of the country show a very falr actlV-
ity in the distribution of merchandise bund-
ing for the year about suffices to meet the re-
quirod increase In population. At Chicago the
usdal great increase is seen in preattstu5is, Dus
lack of transportation through the eotntry
causes embarrassment, and perhaps part Oh tne
decline in receipts of cattle, butter anu
cheese. At Omaha the famine retards busl-
ness, and at Kansas City it is quieter than was
expected. The southern cities all report some
embarrassment, and at Little Rock trade 10 dull,
Rt Nashville money is close; at Montgomery
large stocks of cotton held cause strong demand
for money; at Savannah trade Is slack and pros
poets called dubious; at New Orleans, tnough
receipts of cotton are heavy and OF sugar
liberal, and the demand for all the great staples
is good collections are slow and the delay I'D
payment of sugar bounties is especially noticed
The expected reduction in prices of carpets mas
come, from 10 cents on body brussels to cents
on ingrains which are now said to be cheaper
| here than in England. Among clothiers the bet
ter class of goods are IN excellent demand, trade
in knit goods is quiet and in dress goods satis-
| factory, but some concessions are noted In Han
| nels. Print cloths show some improvement and
| prints are more active The boot and shoe
| business clearly increases. The iron business IS
T1,ax lie into
| with orders for 100000 tons. Lake copper is
| lower at 1919 cents, tin and lead are very dull
| and coal weak. The monthly crop report gave
| little help to speculation. 1t showed yield or
| wheat, corn and oats which aggregate 90 per
| cent more than last years. and fifty two bush
/ els for every inhabitant, against thirty mine
bushels ia 1890 Cotton is unchanged. Pork
| products are slightly stronger, coffee quarter
| of cent and oil 15a cents higher, without great
| activity in any branch of speculative trade. Elk
/ ports of domestic products continue unchecXeo'
| and for the last week were A per cent. more
| than for the first week of December
last year. Yet preparations for yearly set-
| Elements abroad cause such remIttances
| that imports of specie are stopped by the oe
| cline In foreign exchange. The Bank OF En-
gland has lowered it's rate of discount to oi2 pei
| cent and is gaining, while the German ano
| French banks are losing gold. The treasury
| has taken in more money than it has pald oul
| by 81 100000 but added to circulation SooO,os
new treasury notes, and has drawn down pal
ances in banks 50, 100000 Favorable monetary
prospects strengthen the market for securities
especially as it is evident that disbursements II
| dividends. interest and profits about January
will be large and viii seek new investments
| With better tone, some securities have ad
yanced and there is no feeling of apprehension
| regarding the monetary future.
| The business failures during the last sever
days number for the United States 2Sa, and fo
| Canada 40, or total of 320 as compared witt
totals of $50 last week, and 295 the week previou
to the last. For the corresponding week OF Las
year the figures were 374, representing 3a7 fall
ures in the United States and q in Canada