The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1894-11-02
WEEKLY REVIEW.
The Huisns.a ufih wseh %. Reported by
Dun's Review

nv AANNNi lhNiN tANNlWNiN Nthh WV ]
we're week ago. Gold exports have
ccasel. quite a number Of mills have
gone into operation, aud the demand for
products, 10 not equal to that. OF mss'
porous years, lie better than II has oeen
most Of the time this year. The prices
OF farm pyoduct- do not improve much.
sud there ar -till some strikes TO resist /.
reduction oi wages. -o that the purvhas-
ing power oithc proplc cannot have
materially increased. but there 10 a
more hopeful spirit which prompts
greater activity. On the other hand the
record oi past transactions 10 somcWhat
les favorable than II late Payments
through the principal clearing house,
throughout the country show decrease
Of ~ per cont compared with last year,
aud decrease Of 2i.g percent compared
with the same week in isp2, tho de.
crease Tor four weeks being 2p.s per cent
Cotton has sold 1t 5.si cents Tor mid
ding upands, aud the lIgc receipts at
such low prices indicate clearly that the
crop will at least b. close TO the largest,
II not the largest. eyer produced. The
anticipated seidement Of difficulties at
Fall River has not been realized, aud at
present a good many spindlcs and looms
are idle. But strikes are temporary n
more lasting influence is The large ac'
cumulation OF cotton In the worlds
fIlN
now exceeding 2,OOO.OO0 bales. II Is IN
tcrestinF that, IN spite Of the the low
price ri the principal southfrn crop,
manufacturers aud wholesale dealers re-.
port rather more Improvement In trade
with the south than with any other sec
ton. The wheat market lea quarter
lower, and noihingappear TO justify any
important change Western receipts
have bcrn i,sl6,b7l bushels against
6.25d.G23 last year, aud Atlantic exports
only is4 ,2'3 bushels against i,OdJ,Jd5
last year. Corn Is higher, without any
very clear reason. aud It H. noteworthy
that az the same time pork ir 10 cents
lower lard 20 cents per 100 pounds, aud
hogs ~ cents lower. The contrast In.
dictates how little the provisions market
depends al resent on natural relations
OF supply aud demand.
Exports Of domestic products at New
York Tor the past month decrease Of
a. 0O. 900 In value. or mvrr.thHu-io Yer
cent. A. the same time there appears
nm Increase Of t3,4O0,OOO In imports At
New York, or IL per cent, and as before,
tho increase Ia other articles than sugar
Is oven larger. The comparison, how
ever, IL with month last year In which
the excess Of exports over imports was
enormous, over so, 100000, 80 that the
changes reported do not yet imply a
contrary balance. The advance Ia for
cign exchange, which warranted the
shipment OF q .OOOOOO gold last week
was explained by no important transae'
ton IN securities, ~ Foreigners arr
neither buying nor selling Americans
much at present.
Industrial accounts are on the whole
more encouraging. The boot aud shoe
industry leads Ia improvement, aetua
shipments from the east being larEel
than In any previous year, for four week
s0. OlG cases against 227, 524 last yea
aud 3il, O22 In 1892. While the fall lrad'
, Is near an end, most Of the eastern max
ers OF cheaper goods are crowded will
-, orders covering from one to threemonth
In advance, but concerns making good
Of better grades haveas a rule little busl
ncss ahead, The leather trade IL smalle
aud for the first time In many weeks ~
> oeipts Of union crop slightly ercee
sales. The demand for India rubber
" fairly good, new Para line being 90 10 Z
Fl" cents. Ia iron and steel the wei
shows weakness, while eastern market
ID show more encouragement. Nothing ,
sr consequence il doing Ia rails, the d.
" liyeriea ior The year 10 October 1 bein
10 only 5iO,O 900 tons, much below ordinar
1o requirements ior renewals alone.
10 structural work some moderate conirao
are reported, but bar iron Is extremel
"a dull, aud Il Is stated that the low pric
Of reported last week, 10 cents for iron Al
Dn 81 tot steel, have been shaded In son
10. transactions. There l. decline In wiz
Si,OO beingquoted for galvanized barbs
and f22 90 for wire rods The best ~
ture Is that the heavy increase In q
ny output Of pig does not yet seem 10 oV'
he load the market, aud there are rsth
me less signs Of pressure to sell than Of la
ar In textile industries the situation
HE peculiar, and Ia many respects perpls
lih ing. II undeniable that orders
be goods are on the whole dlminishii
the aud retail trade doss not yet prom
ap, such supplemental orders ~ we're
cps psctel, but a good many works hl
found orders enough 10 start 40 70
me. time some having business for seye
NIB months. The demand Tor wool IL not
iter large as Il has been, and while pri
~ a have scarcely changed Tor two wee
,pa- sales arc but i,3Ol,2J0 pounde agai
on b,77s, 100 Ia 1892, aud for four weeks
OK. 45i ,7l0 pounds against 20, IA, 100 In II
iore PRICES were pnt down before the !
70 tariff took effect, 10 that results Of
ave eign competition are felt mainly in
easy dnced sales NJ some domestic wocls.
an most nothing IL doing In spring wool
hers for mems wear but manufacturers
port more encouraged to believe that, as
large share Of the cheaper goods,