The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1894-08-11
DUN'S COMMERCIAL REVIEW.

ports ana EADDrts-tn ne tOlllflutH outS
OF Gold.
New YORK. Aug. 4.-R. c.. Dun !
Co.'S weekly review Of trade, issued t.
day. says:
An important change in the state q
business is near at hand. congress Wi
not act On the tariff question one wa
or the other in all probability. withiI
a week. In either Ease the detinit
basis for future business will enabl
many t. act who are now waiting
The injury to crops by hot winds an
drought. if as great as some report
will affect all interests. but at this sea
son it is never easy to distinguish be
tween local and general damage
After making a new low record
at 5rt4, wheat advanced II
cents and corn ~ cents. The
receipts of wheat were 6,iO0, 25i
bushels. against 1902, COG last year.
which does not encourage notions of a
short yield. and exports were only
1.599. 500 bushels from Atlantic ports
against 3.1s5.f64 last year. Corn ex-
ports were only 11S.43s bushels against
1889. Isl last year. and receipts 1862
s43. against 2,532,976; but it seems I'M
dcniable that the crop has sustained
considerable injury. Cotton declined
an eighth with commercial estimates
of 4 yield exceeding $500, 900 bales.
After tariff uncertainties have van
ished it will be recognized that pur-
chases and orders for the coming year
will depend largely upon the crops.
But at present the prospect of a deci-
sion in congress, and the common i'm
preston that the pending bill may fall
between the two houses. has Stimu-
lated some activity in textiles. Sales
of wool were S.522. 900 pounds. against
3,742, $50 last year and 9.33G. 400 the year
before, and for five weeks ending with
July were 30.Ss2.725 pounds. against
li.4%S.9 ) last year and 3s.5Si.1 40 in
1899. 1t seems that Il large part Of the
sales this week We're to fill orders
actually booked, and the rush of be-
LACED clothierS and dealers to get goods
for the fall trade gives most manufac-
turers more than they can do for Il
month or two. though there seems to
he no demand whatever for spring
goods, and manufacturers are making
no effort t. get orders. Wool has been
advanced for many kinds | zen and
the average about half a cent. after the
decline of II cents for Nay.
Tie movement of blcached cottonS
has been checked BIZ the restoration of
F.1,.Aa ~ - -, ..-l+al L.. Al
reduction to the lowest point
record. and the print cloth manu-
f]actur.rS at Fall River are seriously
considering Il reduction of wages. the
there and at Providence being
l, Is, 900 pieces. while the lowest price
yer known. , 9-l6 cents for 64s has
been made a Providence. AS a strike
would help the price of the large stock
on hand, one is not improbable.
Recover in iron manufacture is
hindered by greater trouble in the
coke regioLs, where many of the new
hanlS have quit and gone back
to the south and the strikers have de
cided to continue the struggle.
Somewhat better business appears
at Philadelphia. but the market IS
iull. There is no Improvement in
quantities of manufactured forms re-
CURED at Pittsburgh or the west. and
in general The demand for finished
prnlucts is disappointing. Prices re-
unchanged, though with numer-
,uS small contracts for structural
SOrk; beams are Il shade stronger,
Hhilc Besscmer iron. bar iron and wire
nails are Il shade weaker.
The demand crowds all works pro-
low-priced shoes. while manu-
lecturers of better grades are left de-
upon slender daily orders to
keep their shops in operation. Ship
from Boston for the week are -
per cent. larger than last year. and for
July Il per cent. bu: n decrease as
compared with 1s9a of II per cent.
Gold exports this week are about 81
loo, 900 and the treasury gold reserve is
reduced to about So. OOO, 900. The
is in part to pay large railroad
md other loans made a year ago in
lime of especial stress. The main fact
5 that exports Of domestic products in
July were nearly 20 per cent. less
han last yesr. while the i'm
ports, though much diminished. for
he time by tariff uncertainties,
re but 6 per cent. less than
year. There is every reason to en-
oect heavier i'm ports soon, while the
markets do not give promise of n
,trong foreign demand for the great cx-
staples. Money is now COM
ng into New York banks, though in
mall amounts and the customary
heavy demand fro IL the west has not
appeared, though the wheat move
lent is heavy. Commercial loans are
decidedly increasing, though not
'nough as yet to terminate the cxtraor-
ease of the money market.
The volume of domestic business re-
by exchanges through clearing
louses is go per cent. less than last
and 2S.S per cent. less than in
S92.
Commercial liabilities thus far re-
,crted in failures during July amounted
o S9.OI6.77S. of which St.5bo.a.0 were
# manufacturing and Sl.23l.47O of
concerns. and the decrease for
he month. though grea: in compar-
son with last year, is hardly as much
$ has been expected. The failures
his week in the United States have
,een 2l9. against 496 asst year. and A
- f,nl, ,-.rSt ~ Lost -,nar