The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1893-07-21
MONEY AND BUSINESS.

The Financial and Commercial Condition
OF the Country. According to n. q. Dun
q Co.'s Weekly Heview-But Little I'm
provement In the Financial Stringency
But business Showing n Little More
Activity In some Lincs-Failures for tho
Week. Etc.
New YORK, July f5.-=R. g. Dun &
Co. S weekly review of trade, pub lished
this morning, says:
Thefe Is s6ts3s ifppro4ement in business be.
cause the money markets are little less strin.
gent, but it cannot te said that as get there fs
any distinct Improvement New York banks
have received some money from the interior,
but are hot yet clear that it is best to retire
cleaFlhg house certificates. because there are
said to be weak spots which may yet require
liberal extension Of credits. Other cities have
drawn less trom New York because their bust
ness Is Restricted. Seine gold has come already
from abroad and more is expected within the
next week, but exports of products do OF in.
crease as much as has been expected.
Improvement at Boston Is slow, owing to ex-
trenie fates for money. Shoe shops are short
of orders, and some have closed. Leather is
quiet and tending downward. and rubber goods
are dull There is lack of orders on cotton
goods. Woolens are slow, and many of the
mills are fuf1nitig on short time and the mar
ket for wool favofs buyers
At Philadelphia it is still hard to place good
commercial paper. Small dealers are boarding
money. and little activity is seen In the market
for important products The unseasonable
weather has checked operations in dry goods.
Chicago reports unusual caution among
bankers, though it Is believed that the worst is
over, and fair trade In merchandise, though
collections are SLOW. Improvement is exs
pected from the resumption Of business in iron
and silver regions, and the building trade
shows signs of revival with materials 20 per
cent. cheaper than last year. East-bound
shipments are slightly smaller than year ago,
real estate dealings rs per cent. less and re-
ceipts of most products smaller.
Trade at St. Louis is very satisfactory, with
good orders for fall and business ahead of the
average season
At Pittsburgh no drop Is seen in iron, though
trade Is very dull and the wage question is yet
unsettled the glass trade Is in fair condition.
and the coal business dull.
At Cincinnati trade Is quiet, money shade
easier and bank deposits increasing.
The exports OF products are light; for two
weeks at New York it is only 1872 61O, against
&15, ,e79, ,759 last year
In June the exports of breadstuffs, provisions,
cotton, oil and cattle amounted to over 500, ,709,
T53 In value, against s43, ,792 200 for the same
month last year. with noteworty decrease in
quantities of most products though In wheat
and oil the loss in value was due TO fall in
prices. Speculative markets have not been
active during the past week, though wheat is
Ia higher, and cotton one-eighth higher. With
small transactions, prices have tended upward
as the monetary strlngency has relaxed
The treasury has not materially affec ted the
financial situation during the past week and
has taken much less than the usual quantity of
silver because but little was offered at the
market price.
The stock market has been distinctly weak
though without symptoms Of panic and the
average decline In active railroad stocks has
been about 50 per share.
The failures for the week number 374 in the
United States, against 163 for the same week
last year. and 2o in Canada, against q last
wear