The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1892-08-05
COMMERCIAL REVIEW.

summary Of the Condition OF Business
Throughout the Country Indicsted
by R. q. Dun & Co.'S Weekly Review
Trade Somewhat Hampered by tho TX
cesslve Hot Weather, But Reasonably
Large-Dusiness Failures, Etc.
NEW YORK, July SIR. G. Dun &
Co. s weekly review of trade saws:
Extreme hot weather for an entire week has
checked many kinds of business, but has not
prevented considerable excess in the volume
OF trade over that of last year. Tho crop ont.
look Is, on the whole, decidedly impro we'd.
Money has been abundnnt and cheap and col
lections generally good for thu season, and
there are no signs OF threatened disturbance.
The great interruption of iron and steel manu-
facture at the west continues, but there are
distinct signs of probable settlement. Fin
ished products of iron and steel are stronger,
and s. to So per ton higher, but greater de-
moralization is expected in pig iron,
unless some of the consuming works
start speedily Bar and sheet iron are
very active. and manufacturers of plate aud
structural iron have more orders than they can
well handle, but no improvement is seen in
rails. In woolens there is better demand and
more activity is seen in purchases of wool;
while the cotton mills continue to do well.
Boot and shoe shops running full of bud-
nees and shipments exceed last years every
week, being for the year thus far, $685. 900
cases, against 1867 900 to date last
year. Shipments OF hides from Chi
cagO have been 1l.O0.0CO, against
90, 1000 last year. Business at Boston is
active in dry goods, and cotton and woollen
mills are well employed, are boot and shos
shops. The demand for leather is steady, man
ufacturers buying freely. Wool is firm and
active. with sales of 100000 pounds and pros
pect of better prices At Philadelphia manu-
factured iron improves, and the Reading
coal business is very active; wool is firm, with
inPT zfYNr Ham nd rl1a ~ for
goods is enlarging, and dry goods generally are
more active in spite OF the weather, distribu-
ton being very favorable. At Baltimore hot
weather retards much trade, though in dry
goods and boots and shoes and furnishing goods
IL exceeds last years The tin can and box fac
tories are running full and the packers rejoice in
living prices At Pittsburgh products of iron
and steel grows stronger and window glass is
fairly active. but coal dull. Dry goods have
improved at Cincinnati, the crops look better
than year ago, and the general prospect Is
very fair At Cleveland trade Is fairly active
in spite of the weather, and the whols produc-
ton of manufactured iron Is quietly absorbed.
Trade is quiet at Detroit, but crops are turn
ing out better than expected. Trade and coll
lections are better than year ago at Chicago,
even retail trade increasing in spite Of the
weather Receipts Of wheat. corn and cheess
fall third and of rye AMI dressed besf one- half
below last yeaf's, but some increase is seen in
wool, butter and hogs, q gain of q quarter in
-four. third in cured meats, while receipts
Of oats and lard are double, and Of barley eight
times Last years. Business is more prosperous
In Milwaukee, and up to the average at st.
Paul. with excellent crop prospects. but Min
neapoiis reports injury by heavy storms. In spite
OF hot weather at Omaha, trade in Shoes gro
ceries and dry goods is active and fairly active
at Kansas City, with receipts Of cattle heavy
and of grain liberal Little improvement ap-
pears at Memphis or Little Rock, and trade Is
ORLEANS
brighter there and at Savannah. Speculation
has been curiously affected by the prospect
hat the Hatch antioption bill will
fail. and while cotton has fallen quarter
with enormous sales of 77u,0O0, coffee and corn
are three quarters of cent higher for early
delivery, the supply being scarce. Wheat has
fallen 234 cents, with sales OF only 100000
bushels, and oats one-half cent. Western
ceipts of wheat are heavy, 3,54400O bushels in
four days, against exports of $50, ,O00 bushels.
Receipts of cotton are light, and exports
slightly more thsn last year. but sales of phan-
tom stock exceed sales of tangible and visible
cotton about fifty to one. The syndicate Is
said to have sold out all its old copper. and the
price Is strong at 1Ii9 to II cents, but lead is
weak. with some sales at 4 cents, and tin at
O.4 cents. Sales of coal not discovera-
BILE, and it lis called the dullest July
on record, but another screw up
ward in prices is expected. Money has been
extremely easy at 1l9 per cent, and from
nearly all points come reports that the markets
are we'll supplied and the demand generally
light, though improvement is seen at some.
Yet the exports of about $40oO,000 gold this
week are not altogether encouraging to those
who calculate that, with congress out of the
way, better foreign demand for American
securities may be expected. 1t often hap
pens that such hopes are unrealized. The
treasury is gradually strengthening itself
is needful. and is comparatively easy
at this season, but when tha fall demand for
money to move the crops begins in earnest
pressure in the money markets may speedily
appear, unless gold comes back from abroad in
large amounts. American buyers of stocks
are encouraged by improved crop prospects,
and by the belief that the traffic in connection
with the Worlds fair win help all the trunk
lines, and during the past week stocks have
been dull, but fairly strong.
The business failures occurring throughout
the country during the last seven days, number.
for the United States. III, aud for;Canada q; or
a total of 1913, compared with lS7 last
week and 1870 for the week previous to the last,
md 247 for the corresponding week of last year.