The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1893-09-22
MONEY AND BUSINESS.

| A. More Hopeful Feeling Throughout ths
Country, According to II. g. Dun g Co.'S
Weekly Revfew-Business Gradually
Pulling Itself Together Again and Many
Industrial Establishments Resuming-
business Failures ETC.
New YORK, Sept 16.-R. G. Dun &
Co.'S weekly review of trade, published
this morning, says:
Returns from every part OF the country show
decided Improvement. hopeful feeling pre-
walls. Money grows abundant at speculative
centers, and somewhat easier for commercial
purposes. The number of establishments re-
ported as reSuming work, thirty-one wholly
and twenty-six in part, still exceeds the num-
Der closing, thirty-three for the past week
besides ten reducing force, so that the hands
employed have somewhat increased. The num-
Der unemployed IL still very large. The great
Industries are still far below their normal
productiveness, and part of the resumption OF
work has been secured by lowering prices and
reducing wages. Business is pulling itself to-
gether, and even the crop report has caused lit
tie depression In stocks. Industrial improve
ment is largely in cotton, and otherwise ap-
pears scarcely more satisfactory than last
week About two-thfrds of the Fall River
mills are operating but at reduction OF 10 to
Is per cent in wages, and there has been a
sharp cut in prices of some leading cotton
goods.
Several shoe factories have started in part,
but orders are said not to be enough to keep
half the force busy, though distinct improve
ment is noticed. Shipments from Boston tor
the week show decreace of 40 per cent.
Several glass, pottery, hardware and silk
establishments have resumed with number
making iron specialties though none of them
with full force. In all eighteen reported
metal works have started in part and
six wholly, while thirteen have stopped
and fourteen have reduced hands or
Tn0 ni1fY1 of r1ier CoV1fo f0- 4
proves to have been 1S2, 260 tons weekly de-
crease Of 1884 tons since May l. indicating
that only 81 per cent. of the working force
were employed. But in this industry business
revives more vigorously at the west than in
the east.
An obvious effect of short crops is that rail-
road earnings may shrink, with smaller de-
mand, the coming year, for iron or products and
for stocks. But the stock market yielded very
little after raising nearly S1.e) per share on
Saturday and over SO cents on Monday. Album
dance of money seeking loans on collateral and
call tends to render the market Indifferent to
public absentation and reduced earnings. In
September thus far the decrease in earnings
has been 22.2 per cent on scattered eastern
roads, 1913 on trunk lines, IA on western wheat
and 22.6 on western corn-carrying roads; 25.2
on southern roads, and 1875 on Pacific roads,
averaging for all thus far reported 14.7 per
cent.
The restriction OF domestic trade is shown in
clearinghouse returns at principal cities, which
declined 23.4 per cent. compared with last year,
but 1t Is too soon for improvement just COM
menced to affect payments. Expectation of
large foreign investments is not yet realized
and exchanges have declined toward the gold
exporting point, as future exports of products
are liable to be restricted by the shortness of
crops and the advance in prices here,
Exports last week were large, and for two
weeks have been 80 per cent. more than last
year; while decrease of S7,OO0O00 in imports
for two weeks, is largely due to the fact that
values of coffees and sugars from Brazil were
stated last year in paper worth about 40 cents
on the dollar.
The number of firms failed have greatly
diminished. The failures reported this week
have been, in the United States, only 314,
against 321 for the previous week, and 15f last
year; and in Canada 81, against % last year.