The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1892-09-23
THE TRADE OUTLOOK.


-
Summary Of the General Trade situation
Throughout the Country as shown by
r.. G. Dun q Co.'s weekly Review-The
Outlook for Fall Trade Good. but Spec
uIattve Operations Quier-money Gener-
ally In Ample supply for Current Needs
Business Failures for the Week, Etc.
New YORK, Sept. 17.-R. G. Dun &
10. s weekly review of trade says: 5s8 g
Cholera has landed, and the business of New
York goes on exactly as IL 1t had not. Cars are
as crowded with passengers and streets as
badly blocked with carloads OF merchandise as
they were one week or one year ago. which
means that the heaviest trade ever known at
this season is now in progress. The same is
true OF other cities, almost without excep.
ton, and the outlook for fall trade Is at
all points regarded as exceedingly
good. But many people are afraid that all
other people will be afraid, and consequently
speculative markets decline. The selling OF
stocks has been quite heavy and the decline in
prices has averaged about 81 per share for all
the active list. Money is In ample supply and
the demand from the interior is less than usual
at this season, but large amounts are held out
OF the loan market by people who are looking
for exceptional opportunities to buy cheaply.
There has been much talk about pestilence
as an excuse for low prices of breadstuffs and
cotton. But the fact Is that enormous stocks
brought over from last year afford a sufficient
reason for exceedingly low prices. Receipts of
wheat at the principal western ports in four
days of this week have been 6,316, ,S3o bushels
while the Atlantic exports have been only
1O66, 435 bushels; and 1t Is not strange that the
price has declined three quarters Of cent.
AT 77o5 cents wheat is lower than it has eyer
been in New York, excepting two days in 1884.
Corn has declined three quarters of a cent,
but it is also the fact that western advices re-
garding the crop are more favorable Oats
have fallen half q cent and lard is a shade
weaker In cotton there has been heavy sell
Ing. and September options are below csnts
though the price for spot cotton is unchanged.
Oil has declined half cent. but coffee is three
eights stronger. At Boston trade In dry goods
Is unusually large for September, and the mar
ket for print cloths is almost bare, while cot
ton goods are sold far ahead of production
and IN bleached goods some advance appears
Woolen mills are we'll supplied with orders,
and the distribution is remarkably full. Boot
and shoe shops are crowded with orders, and
leather is active with some kinds of finished
upper higher in prices. At Philadelphia trade
In dry goods is the most satisfactory for many
years, and the carpet manufacturers are busy.
Western and southern buyers are liberal In
their purchases, and In dress goods, especially,
increased trade is expected; wool is In fair de-
mand; tobacco improves and trade in chemicals
Is active, especially in disinfectants. At Pitts
burgh the iron trade improves with increased
demand, though Bessemer pig Is weaker.
WIDOW -glSSS wOrES are r9Eum1ng, out tine
Monongahela coal mines are dull because of
difference about wages. Trade at Cleveland is
good in most lines and fair in dry goods, crock
cry and drugs, with iron in better demand
and money active. Retail trade at Cincinnati
is quiet but the western lumber trade shows
an increase of 20 per cent. over last
year. At Detroit orders for freight
cars exceed capacity of works for months to
come, and trade prospects favorable. At
Chicago business increases and nothing adverse
appears, although some decrease is seen in
wheat, rye and barley, compared with last
years, while in -four. oats, cured meats,
butter, cattle and hogs, considerable in
crease appears. Trade at Milwaukee is
brisk and at Omaha excellent. A generous
fall trade is expected at St Louis il pesti-
lence do not interfere and at Kansas City busi-
ness is satisfactory and receipts of grain and
cattle large. At all western points collections
are reported very good. Trade at Louisville Is
improving, at Nashville fair and at Little
Rock satisfactory, while at Montgomery and
Galveston the late cotton crop causes slow
collections. though trade otherwise improves.
AT New Orleans business is only fair and
money Is in strong demand, but cotton is lower
while sugar and rice are active and strong.
Iron is more steady, unsold stocks having been
reduced. The demand for structural iron Is
very encouraging and plate mills are well sup
piled, but quotations are variable and bar iron
Is unsettled. Copper is lower at 11A cents
and tin at 203 in spite of large distribution,
but lead is more steady at Ais cents. In dry
goods there has been notable increase In
the number of buyers and the market Is
more nearly bare OF woollen goods than
It has been for years, the medium
worsteds and the serge trades having the pre-
ference. There is heavy demands for cottons,
and medium bleaohed goods are higher with
browns firm. Carpets are stronger and many
mills demand an advance of GIG cents. Money
has been steady at per cent. while foreign
exchange has fallen so far that sx-
ports of gold Improbable. Mer-
chandiss exports fall below last year,
because shipments then were abnormal
the decrease in two weeks at New York being
about 20 per cent. The treasury has added 81,
gold and $500 COO silver to its stock while
putting out S400 600 additional paper Here as
In all parts of the country the supply of money
is ample for legal needs and the shrinkags OF
speculation is helpful as regards the posi-
bility of monetary pressure later. Respecting
the cholera 1t Is well to remember that sani-
tary precautions are more thorough than ever
before, and at most foreign cities have sufiiced
to prevent the spread of the disease.
The business failures occurring throughout
the country during the last seven days number.
for the United States. 154 and for Canada %; or
total of 1872, rs compared with 179 last
week, and 1877 for the week previous to the last
and 239 for the corresponding week of last year.