Pine Bluff daily graphic., 1893-12-04
REVIEW CF TRADE.
Business Shows Neither I'm.
 proVement or Decline.
PLENTY CASH AVAILABLE.
Tine Commercial Demand For Money L, small and the Rates Lower-Larse Sales of Wool contiuues-s,tuu-
 ton at Nashville Gratifying.

NEW YORK, Dec 4.-R. G. Dun 8 Co.'S weekly review says: It cannot bf sald that during the week business has grown letter or worse. For some days there was gain in the demand and transactions which had been previously noticed evidently continued. But after ward tariff uncertainties were thought to affect some branches of business, and whatever the causes the state of trade Is less clear.
 Money everywhere is abundant with rates comparatively lower. The com. mercial demand is remarkably small. while the demand for speculative uses appears to be increasing, but not as much as expected, the changes for the last week showing 6 decrease of 36.5 per cent. compared with last very, in part because the week covers only five business days against six last year. For two weeks covering the same work Ing days the decrease has been 23. 8 per cent The railroad earnings for the last week of November show larger decrease than for either of the preceed- ing weeks, but in freight traffic busi- ness alone is about the same as for the first half of the month.
 Wheat is slightly stronger, receipts being considerably smaller than in re- cent weeks, though exports are also re- markably small. Corn is unchanged in price. with heavy western receipts and large exports.
 Pork and hog products are practically unchanged, as well as oil.
 Cotton is shade lower, as receipts from the plantations continue to exceed those of last year. In spite of the posi- tive estimates of a short yield and the average of guesses by operators on the New Orleans exchange, which is over 700O00 bales greater than the govern ment estimates, the stocks of American cotton in sight are so large that they re- tard any rise in prices.
 At present the iron industry shows no gain on the whole. with the demand for pig iron not urgent and bessemer iron little lower at Pittsburg, with no sales of rails at the com bination price and with slightly lower prices for some finished products and rather seant de- mand for any. Itis questionable whether the working force employed is larger than week ago.
 Cotton manufacturers enjoy de- c1ded improvement because the market Is in absolute need of more goods. but there is hardly any quotable change in prices.
 The sales of wool are again larger than for the same week last year. Some transactions are said to be speculative in nature, being based on the theory that whatever may happen later the necessities of the countries will compel a larger consumption of wool within the next few months.
 In boots and shoes no increase in the working force is seen, and while east ern shipments are only about 6 per cent. less than year ago. Apparently the country is paying off with its sur plus and product loans amounting to many millions, which were effected in Europe to avert great disasters last summer Hence the condition of the treasury commands attention, with it's total cash reserve down to $96, ,000, GOO and the available gold only $s2.00O, 0O0
 The failures during the past week were 27s against 296 the same week last year, and i'll Canada AS against 33 last year Only four of the weeks fail ures had liabilities exceeding Sl00, 900. Returns of the liabilities of the preced- ing week show large increase conn pared with the previous week. and af- ter deducting the large failure at Den yer of the street railway the increase in all sectious is heavy and the aggre- gate of liabilities is nearly double that of the preceding one.