Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1894-02-17
wEEkLv TRADE REVIEW.


Indlctlag the Condition Of ths Commer-
eIal, Financial aud Industrial fBterests
Of the Country Complied " H. q. DUN =
Co.--ImproveInsn In some Directions
Counterbalanced by Loss In Others--
Wheat Takes Another Drop Stocks In
sight Remaining Very Large -Basiness
Failures, Etc.
New Y0RK, Feb. 1O.--R. G. DUN q
Co.'S weekly rcview of trade, issued to-
day, says:
Improvement In business still appears In
many directions. but II seems 10 be In part
balanced by loss In Others. The gradual gain
which began some time ago. and which
strengthened little by the success OF the
treasury loan has scarcely answered expecta-
ti0ns Reports Of resumption OF work con-
tinue 10 indicate that tho industries are doing
more than In December, and yet tho record OF
their actual gain rs disappointingly small
The marked increase which appeared In Offer
ings OF commercial paper has almost wholly
ceased. and the accumulation OF unemployed
funds continues, SO that indorsed mill paper
has been taken at sia per cent. The bond
operation has not advanced stocks nor stlnu.
lated speculation and the lowest price ever
KLown for wheat has been recorded.
Doubtless the uncertainty which remalns,
With tho tarif bill yet In the senate and cur
rency measures Of importance pending 10 the
house, has some hindering influence, but there
Is still seen an increase In the demand for
many kinds OF goods because OF the exhaus
tion OF the stocks In the hands OF the dealers
by a consumption which. though less than
usual, Is nevertheless more than In any other
country
Crop reports were expected to cause great
advan co In wheat, but the price has dropped 70
63h cents cash, the lowest point ever known In
this MARKET and both here and at Chicago
May wheat has gone lower than ever. Re-
ceipts have been larger at the west-i, ,eOs.5l5
bushels against ., ,is6.370 for the Same week
last year-while Atlantic exports are not .
third OF last years
Stocks in sight diainish little, and are 50
great that bankers, after their trying expert
ences last spring. are not In haste to carry
them for spectators. The fall for the week
was about cents, with sales Of 100000 bush
els In one day and i4.00J,00o for the week
Sales OF corn were small, and the price de'
clined less than q cent, though western re.
ceipts were .sce bushels, against 2.55S2i@
last year.
Hog products and coffee we're substantially
unchanged Cotton rose sixteenth In spite OF
visible stocks exceeding half the worlds con-
sumption for q year, and decrease OF 20 per
cent. compared with last year In taktngs OF
northern spinners Speculative forces on
either side, rather than the facts Of supply and
demand, govern at present.
Inc volupe vi uomes.io ,Iauo , uvoS nv Ia',s'.
ria"y lug! coso' oAenanhes ,nu so. -
conparou WIN Ias' year VI ,yo ~ sen' o''o
"nere anu of's per CENT q. To" loN. =,
Ing earnings Vi ,au"ays III 'u"uaiy 49, :.
per cent smauer thah iase year, 'no =. ~ :
rising from o. PCT ven' lor 'hu 'niIo M W ~
ior Inc iast week Oh inc nou'n' .no iosS ue'ns w
'o' III .runk a.nos, 10 on sous"oIn 90 ~ :"
granger roads, zoo IN osher "es'orh al" TO- o''
south"esterh roaus 4,
In west-pouho tonnage tno uecroaso IN Jan :
uary was - PET cent, roor earnings anu anu
prospect that tne uecfeaso niuy cons,nuo,
ratner tnan any nnanciai evsh. causeu eno
average OF rniiroao stocks 70 iaii 90 cehss per
snare ana the average Oh trust STOCKS ieh W
cents, the latest guesses, rather than informa-
tion about the taxes controlling the market.
There were some foreign sales OF railway
s,oc,s hut bonds were IN good demand
''u.ns' nm W. o'nus VII ~ ~. s.,
INC ae.uai prouuct'on Vi ps IIon ~, oa. ou' "aI '
was vg2s2 tons weekly, against WVof TONS
January l, and 11i, ,20i year ago. The appar'
ent output was slightly less in january than in
December b,t tbe increase in stocks uusold
- n,,,,. !, asy 49,. a,airs. 10 ssT tr n.c.r,.
~ "as o'i.y i''o-' .oas, ssains' 49, a
per- 20 thae consumption ~ INC nianuiasVulcS
Increased not quite one-haif per cent, tnougn
~ per cent. less than year ago.
There have been large sales OF steel billets
nftina the price 10 6.5 al PittsDurah. and i
be,,er demand sor wire nails wire rods and
Dc..er "euahu ivI wiz no,.s, ,,. W. ious anu
uaroou "re' "hho .no r".sou.sn Pr.v Vi
besseiner pig mas advanced 10 siV'o. fhlu'
delphia notes larger transactions. and i'm
proyement appears at Chicago.
The market for tin Ia dull al 49, IS. md lake
,..,,,o. ,s ,,n,., - 40 A. h,,. i.ad 10 .,ron,ar