The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1892-07-08
COMMERCIAL REvIEW.


t1ow the Business world Syags According
to the weekly Review of X. Gs-Dun .
Goa Fisak1 Year without Parallel In
the Volume of Industrial Production,
In Magnituse of D6iaestfc Exchanges
or Amount of Foreign Tfade. - Crop
Prospects Generally Good and Bnsiness
FRir-failures for the Week, Etc.
New YORK; July ar. G. Dun &
Co. IS weekly review of trade says:
A fiscal year never matched in the whole his
tory of the country, In volume OF Industrial
production, in magnitude of domestic ex-'
changes, or In foreign trade, has just closed.
The imports for the year have been about
SS33, 600 000 the increase at New York in June
over last year being about Is per cent. Exports
from New York in June gained l5-4 per cent
and the aggregate for the year mas
been about 81, ,G27 100000. Railroad earn
ings have been the largest in any year thus far
and clearings in June the largest ever known
In that month exceeding last year per cent,
and for. the whole year the largest ever known
outside New York. Failures for the half year
have been 1913 against 6074 in 1891, and liabili-
ties s62,CO00CO against s92. 100000, and on the
whole about the smallest for five years. In
spite of low prices additional works are going
into operation even in iron manufacturing,
and yet more IN woolen and cotton. Moreover
the crops of this year promise to be very salts
frctory and the new half year begins with ex
cellent prospects
Excessive rains have again set back grain to
a limited extent, principally in low lands; but
wheat receipts at western points have been
1882 0G0 bushels in three days, and Atlantic ex-
ports 959 600 bushels, showing that the old sup
plies are not exhausted and prices are an
eighth lower than a week ago. Corn Is cent
higher, in spite of large receipts and very light
exports, the fear being that part OF the crop
may be destroyed by wet weather, or so de-
layed that frost will catch it before maturity
Oats are also a cent higher. Speculation has
bean in grain, but pork products have ad-
vanced sharply, pork 81 per barrel; lard 42i9
cents per 100 pounds, and hogs cents. Specu-
lation in cotton has been active, with sales or
10000 bales here, resulting in a decline OF
sixteenth, though recsipts are getting light
But the crop prospects are good and the stock
In sight enormous.
Business at Boston is satisfactory, shoe fac
tories are busy with orders and leather is very
firm; summer goods have been well sold ana
the wooden mills have steady demand for their
whole machinery. Cottons are well sold and
firm. At Philadelphia manufactured and espe-
cialy structural iron Is firm. Some demand
is noted for the delivery of dry goods in July,
and manufacturers buying wool more
freely The hardware trade is large though at
low prices, and in other branches business Is
fair for the season. At Baltimore good orders
for clothing are noted and an early season for
shoes is expected. though the packing season is
eSpected to be light. The wage dispute at
Pittsburgh closes some mills, and many others
will close few weeks for repairs, and finished
iron is mors active, but pig Is dull Glass Is
rather weaker an window glass quite low AT
Cleveland dry goods groceries,, haro"aIe anu
boots and shoes show impr. ved trade, and there
is a better demand for rolseed iron Cln-
cinnati reports average trade, increasing
in some lines, and manufactures taniy
active. At Chicago the volume OF tTa~e
considerably exceeds last years: coll
Il -naSa<a4
larger Wet weather has delayed crops, but
the uplands are in better shape than ever. At
st. Paul business is good and the crop outlook
favorable. At Omaha activity continues. At
st. Louis business is good for the season, and
crops turn ont batter than anticipated,s and at
Kansas City trade is better than last year. At
Denver trade is very good. At Memphis busi-
ness is dull and at New Orleans very dull, but
i1L proving at Atlanta and better than has been
expected at Savannah. The great lock- at
the Carnegie works, reduction OF wages by Le-
high iron works, and the struggle with house
smiths here make the labor question prominent
as is usual at this season. The demand for
manufactured iron is much better, with large
sales of structural and bar, but pig is weaker
and the Thomas Co. is expected to reduce the
price 81 per ton. Eastern shipments OF boots
and shoes gain every week on all past records,
and for the year nearly per cent ahead of
last year. and only per cent. below those OF
1890. Woolen mills are rather more active than
uSual 1Or the season ana UHe COGCOn Iaduu-
facture has rarely been in better shape as to
stocks unsold, Speculation in stocks has
been languid. Money is abundant at all
financial centers with but moderate demand:
collections are good except where wet weather
and bad roads check distribution and settle
fiscal year with more satisfactory commercial
prospects, and there is less financial apprehen-
sion than is usual in presidential year.
The business failures occurring throughout
the country during the last seven days. number
for the United States III, and for Canada 26. or
a total of 1871: as compared with 100 last
week and 179 the week previous to the last,
and 234 for the corresponding week of last year