Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1894-08-30
ouN's COMMERCIAL REVIEW.

An Improvement In Trade All the More
satisfactory Becaa.e Not Amounting to
. Boou-A Gradual Decrease in Nearly
All Lines Of Busin~~. and Manufacture
The Damage To Germ. Thsagh severe.
Not ~ Hal a. EtP-eted.
NEW foEK. Aug. sS.-R g. Dam &
Co. weekly review of trade issued to-
day says.
thanges during the past week have
not eecn definite nor very complete.
A. the presidents final decision re-
garding the new tariff i assured bu:
rot yet certainly known. part Of the
hesitation which appears NAV he
attributed u the uncertainty
which must soon terminate other
conditions. # not entirely favorable.
have a. east not changed for the worse
during the past week The injury TO
corn II less than many anprchcudet,
but i still believed t. have reduced
the yield about SEQ ooo u0g bushels.
The strike Of coke workers and coal
miners has ended. and while the loclS-
out u cotton operatives i important.
u affects the earnings aud livelihood
OF much smaller number.
tariff uncertainties herinS - com.
forward ~ thst transactions in many
departments arr larger than Of late.
and on the whole larger than at the
time of especial Stagnation last year.
but IL Il still ton som 70 determine
how far the satisfaction q postponed
demands VIII ~et Idle hands at work.
or raiS's transactions toward the normal
volume bIt IL i healthy sign that
the gain thus far j. gradual and not
spas1nodie or Eighty in appearance
In ali the great industries some in
erea>e IN demand for rrpslucts has ap-
pared and the hoot ami sho. trade
continues 70 Lead others in recovery. a.
shipments frum the east not only ex-
eeed last years largely, bat surpass
those IN August Of previous years
t-eonony appears here in purchases Of
cheaper qualities rather than in pur-
ehassss Of fewer pairs or eases. and the
demand i largely for speedy delivery.
rejecting unusual reduction II stocks.
In the iron and steel manufacture
the demand for finished product> in
ercases, but i at present mot A. large
a. the capacity Of the works which
have endeavored u resume operations
A moderate increase i seen in the
Z wooden mills in operation. and agents
/ who have offered spring goods. Sener-
4 ally AZ a reduction Of ahou, Iet per
I cent from last years prices. have taken
I orders for considerable quantities: hut
/ there is still great uncertainty about
I h..
/ petition in may important classes. par
Z ticularly of the bettcr grades n goods.
and as this must continue for months.
I the adjustment To new conditions must
/ be gradual
About 500. ouo. go bushels &, now ths.
more common estimate - WELD ~
corn. which will leave nothing for ex-
I port and falling below full supply
/ for feeding. viii materially affect
prices Of meats for The coming wear
I Wheat has been stronger in spite -
favorable reports that yield ~ 90
0oo, ,eoo bushels or more +, now ex-
peeted- Receipts at the west fer the
week were = g-is sss bushels. against
s.7s+.it0 last year. and Atlantic ex-
ports only i.4s7.4 AS bushels, against
e-oaa 49, last wear
Hog prodacts are oaly = shade strong
er. Cotton fell shade mainly on ac-
I count Of curtailment of consumption
/ By the strikes, but recovered Ac-
counts FROM the south continue to
promise a yield considerably larger
than that Of is9l
Money markets continue to reflect
legitimate increase Of commercial de-
mand. which comes mainly from dry
goods commission houses. but il i
noted that although the last week of
| august II at hand. the requirements
from the west and south for crop
moving purposes are by M means of or.
dinary magnitude Foreign exchange
has been a shade stronger. though
/ domestic exports OF products from
| New York have been for three weeks
si.477 900. or 6 per cent less than last
year, the decrease in imports having
been only 100000 in the same weeks.
Foreign capital appears TO be doing
scarcely anything at present in Amer
lean securities. and the advance If 81
per share in railroad stocks and 81 40
in trusts this week has been due to
| speculative operations on the floor
Railroad earnings in August have
been l per cent larger than last year
but i4.9 per cent smaller than in l-gl
although i. i observed that in ton
mage many of the leading railroads are
now doing better than two years ago.
The treasury has gained a little in
gold reserve, though New York banks
begin 20 resent aud resist the process
Of drawing gold from them for cur-
reney shipped te the interior.
A year ago this week payments
through clearinghouse dropped - per
/ cent. railroad earnings ls per cent.
thirty iron works stopped and half the
cotton mills At Fall River. and there
were 4i0 failures. Of which only nine
| aggregated liabilities Of 81 100 00a.
The exchanges this week are larger
than las. year BY io.s per cent. al
though they arc ie.4 per cent below
those Of isa2-
/ The liabilities OF firms failing for the
second week Of August amounted to
only si.slS. $50. and for the last three
weeks to only S7,e6s. 056, of which 81
$50, ,20s were Of manufacturing, and S.
7s-.3e9 Of trading concerns
The failures for the week ended on
the 2ith were 80 in the United States,
against 40 last year, and 20 in Canada.
against 20 last year.
II