Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1894-10-04

Considerable Exr~-. Over Last Year,
ba-in~s-. hut ON the Whsle Les. Than
Normal. Disclosed By . Careful inquiry
Into the stat. Of the Dtr~r~at Bran-h-.
OF rrsd~-c"ntina~d Depression In Yarn
Prsdaets
NEw YoKK. sept sa.-R- e. Dun a
Co.'S weekly review OF trade. issued to
day. says.
Retail trade. the last step in the
movement from producer % consumer,
n at the same time the first step upon
which depend empty shelves in the
stores and future orders tn the mills.
After months Of unnatural economy
buying should be large enough To send
the mills further orders very soon
Special inquiry has been made this
week at all commercial centers r,.-
garding the state of retail trade. and
many of the answers are given on
the following pages Wide diversity
appears in different trades. and the
details of business at the different
cities merit general attention. The
main facts disclosed are, first, a marked
improvement within the past month,
and n considerable excess over the
business done n year ago. particularly
IN the necessaries Of life But. second.
II appears that the volume of trade at
present il ON the whole considerably
less than in a normal year. at most
points. and in the more important
trades j. apparently about 20 per cent.
smaller than in Septemher. is9s
Evidence Of continued improvement
in wholesale trade and manufacture
does not appear this week Their. i
large distri button on orvi~r~ given some
time ago, but new business going to
the manufactures is everywhere slack
ening The completion Of or,lerS for
repleniShmrnt Of stociSs leaves a mar
rover demand. and il Is vet ton early
for consumption to provide further or
aers The volume Of business w.
porte'i by elearings at the chief eitics
IN 80 per e-nt larger than last year,
but SIS pr c-nt- les than in fSg.. and
for the month Of Septemby.r the daily
average has been sizs 1sso. go. against
81, 90. $50 last year before recovery
FROM the panic had couas.. and SIT. =
ooo 0ss in i-9.- A. thsss. include pav-
meuts resulting from trade deferred
during months Of uncertainty. the
comparison j. but moderately eneuur-
aging
The depression in prices - farm
products will have some influence
[ uprrcsientcd recorsis havs. been uaaf..
/ in eotton and wheat. though a. to
wheat only in contracts for future de-
7 livery. in which the prics-s ar. the low
eSt ever made The avaiIabi. stocks
are about IS. aoo. eba bushels greater
than a year ago. and western receipts
for the wc~S wr-r s.s5e -l6 bushels.
against s i9t. .03g last vear. ami since.
August l. 5l.tso aoa bnShei-. against
z>.0ao.@s5 bushels last year The At
lantic exports fpr the week ansi since
E August have h-cn ah1ut third
smaller than last rear. bu; the fall in
E price daring the week has been L 3
{ cents.
Cotton On the spst j. lower az q ~
cents than At zny other tim. sinc..
lss9. and quotations them did nUt mean
What they do now. while the lowest
option has been quoted at sea cents.
which Is below all pr~viaus re,.srsis.
E Even AZ the close the fall for the xs-lx
II one-quarter. An estimate IT 49,
0a.ebo bales minimum this wear hzs
/ influenced the market. bus vznuid ~
/ ceive less attention II stoclSs in sight
we're not heavy, while all axrs-e that
this crop is likely u exes-d tbs. world ;
requirements Of American cotton
II is encouraging that speculation in
corn has broken, and the pricr has
fallen 5 cents, less gloomy estimates
than those of the department having
gained general acceptance IL i now
supposed that the yield Ii not far frrlua
1.50o. 900. O01 bushels. which will compel
much economy in feeding. but sp~cula-
tion in pork has also broken and the
price has fallen - cents. while lard
has declined a half In / cent
The iron industry shows n shrinkage
of demand. and the prices quoted IN
day are but little above the lowest this
year. Bessemer pig is weaker at sit
at Pittsburgh. with an impression that
excess of production must cause fur
ther decline unless lower prices arr,
made for steel rails Billets. struc-
tural forms and nails are n shade
weaker. and in eastern markets
competition of works to get business
tends Ia destroy profits There i more
business at the west and Chicago re-
ports n good demand for sheets. fer bar
in small lots. and for coke pig. though
states and boiler tubes are weaker.
The boot and shoe manufacturers eou-
tinues 10 lead others in comparative ac-
tivity, and shipments from Boston for
the month have been .=S>.G9. eases.
against s..s. ss3 last year and -. fl.i in
Is8s-
Textile manufacturers feel the
shrinkage of the demand due tn the re-
plenishment of stocks. and thsre Is
less doing in cotton and woolen goods
ut first hands. The distribution by
iobbers on previous orders is large,
and stocks are still being reduced by
purchases, but the trade now depends
in all branches upon the supplemental
orders expected In cottons recent ad
vances are maintained. but buying
is noticeably less active The fall
trade in woolens is prolonged the more
because it has been light through the
season, but in spring goods there
is little new business. Sales of wool
for the month have been 1889. $50
pounds, against II, SIS. 125 last year and
81, ,0so. 500 in 1892
The failures during the past week
have been a35 in the United States
against 334 last year, and s. in Canada
against 3s last year.
On Trial for Offering . Bribe to Coaaeil.
Il man Jacob Born
; PITTSBURGH, Pa, Sept 29.-Ex-Coun.
Gilman Richard Armstrong was placed
on trial yesterday morning on a charge
of Offering a hrihs. of slnn tn CnnnciI