The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1892-07-22
THE BUSINESS OUTLOOK.

Trade Generally In N Fairly Encouraging
Condition Throughout the CouAtry, Ac-
cordlng to R. q. Dun A. Co.'S Weekly
Review-The Crop Report More Favora-
BILE than Expected-Money In Good Sup
pIv for All Current Needs - Business
Failures, Etc.
NEW YORK, July 16.-R. G. Dun q
Co.'S weekly review of trade says:
In all directions the business outlook is
fairly encouraging. The crop report is much
more favorable than was expected. The great
labor controversies do not affoct business un-
favorably but help 1t for the present, and there
is now small prospects of any legislation by
congress that is expected to disturb business in
any department Crop reports promise re-
suits not equal TO last years, which would be
disastrous, but beyond expectations. With
the decrease of only per cent, the wheat
yield would be far beyond the quantity con-
sumed and exported in any year except the
last. and nearly equal to last years consump-
tion and exports. The price dropped below
"a cents, but has since been stronger. Western
receipts /. 800 900 bushels in three days, and
exports I'll 900 In the same time; but the guam
tity carried over from last year is about 500OO,.
600 bushels. Corn acreage shows . decrease OF
"A per cent, and in condition III per cent.
but since July /, copious rains have greatly
improved the prospect, and the price. has
dropped rs cents during the week. Oats
have also declined cents, while hog products
stronger, pork 25 per cent. above, and
coffee and oil unchanged. The cotton report
shows condition only per cent. below last
year. and on any estimate of acreage tho yield,
with the surplus still in sight, will meet all the
demands. Prices for the past week have not
changed, though sales have been $4,000 bales.
Boston reports good trade, with boots and
shoes particularly active and many demands
for quick delivery. Leather is firm and higher
and factories are busy Trade in dry goods is
Wit
manufacturers are operating freely In wool,
sales being 6.3 1900 pounds At Philadelphia
there are more inquiries for manufactured iron.
Wool Is firm, with manufacturers anticipating
a heavy output OF goods AT Baltimore ex-
ports of cattle large and manufacturers
make favotable reports the packers especially
realizing large profits. Window glass is fairly
active at Pittsburgh. but the iron mills gem
orally are closed. Some improvement is see n
in groceries at Cincinnati, and at Cleveland dry
goods. hardware, groceries, clothing and
cloaks are activs and trade is fair In other
lines. Business is good for the season at Ds-
troit with crop prospects favorable At Chi
cago business is larger than year ago in dry
goods, as large in clothing and Shoes and col
lections are better, while crop pros
creasing. Decided improvement Is seen
at Milwaukee, and trade Is good, with
hne crop prospects at st. Paul At Omaha in
all lines trade is larger than year ago. Busi-
ness is strong at st. Louis. At Kansas City,
receipts of cattle and grain are good, and trade
Is satisfactory for the season there and at Den
yer. At Louisville trade Is fairly satisfactory,
but not much improved at Memphis, quiet at
Montgomery, and at Atlanta, good, consid err
ing the unfavorable weather, which has done
some damage to crops. AT Savannah trade
holds on well and money Is easy. At New Or
leans business is seasonably quiet, and better
than last year, with some improvement in the
demand for money. The output of pig iron
July ], was 169, ,l5l tons weekly, against ILL., lis
year ago. and the stoppage of many works
has lessened consumption still more, so that
reported stocks unsold largely increased in
June, exceeding 100000 tons. Pig iron has
been weak at the recent reduction in prices.
The closing of many mills has greatly in
creased the immediate demand for finished
products, and prices are stronger, though con-
tracts for future delivery at old prices, and
for beams the lowest ever quoted. Copper is
weak at l1l4 cents, tin lower by three fourth
cent on speculative liquidation, and lead
4.15 cents. Wool is quite active with prices
unchanged. manufacturers buying freely,
the sales for the year at Boston, Phila-
delphia and New York, being 147, ,OoO, 600 pounds
against 134. 600 600 last year. Business is active
in dry goods for the season, clothier5 being
forced to pay advances on fall goods, while no
change in prices but active trade is seen in
spring goods. Cottons strong, low grade
brown and bleached goods being scarce and
higher, and print cloths 33s cents for sixty
fours. Boot and shoe shipments from the east
continue much beyond last years. Money mar
kets are abundantly supplied, though the treas
ury has taken in much more than it has paid
out. Banks have been refusing certificates to
gold exporters, and redemption of notes has
drawn coin from the treasury, which neverthe-
less holds as much gold as a week ago. The
stock market has been inactive, with scarcely
any changes in prices for the week
The business failures occurring throughout
the country during the last seven davs, number
for the United States, 16S, and for Canada 22. or
a total of 100: as compared with 176 last
week and 1877 the week previous to the last
and PAT for the corresponding week of last year.