Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1894-10-11
ouNs COMMERCIAL REVIEW

Wheat aad csstsu Reach tho Lowest
frie~~ Ever hns~n snd Pnreass~- 81
oth~r Frssiurt- srr Ks-trirsed a. . Nat
ursi Consequence Rsilrassd sod Tru.s
>te~k- ts~~r. with Oth~r Indu-art~s
fsiriy Holding Their uwa-
NEw NoEk. oct. G-E- q. Dun {
Go. = weekly review Il trade. i,,ar,i to-
day. ~ays
I he lowest priecs ever known f,sr
wheat and entton necessarily imply
snrncw hat restricted consumption -
other products WITH the chief money
crops of the west and south sinking in
value IL il not strange that purchases
II manufactured prsl,iuets are smaller
than expected Wheat has touched
the lowest point ever known for on
tlon>, ami cotton the lowest ever known
IN any form with the present ela>>ifi-
cation and the accumulation - stocks
IN both products i di>couraging to pur-
cha~erS for an advance Producers are
compelled to s..ll at prices below th..
ordinary cost uf raising crops and in
sssFne western states ther. j. also la
Hentable failure Of the corn crop. In
der the circumstances it would h. very
strange II the demand for manufac-
tured products should H. quite a. large
a. in other years.
Wheat suffers most from accumula-
tion It sinelss in sight. which arr far
beyond what i usually expected for
the season- and the exports in Scptem-
her were unusually small For the
first week 81 o-tol-r Atlantic exports
were i-os7.sse bushels against -. : Is
last year. and western receipts were
only 4.sl5.6@1 bushels against s.I50.ss
last wear. and th,sr figures give some
sncours cement bat have little infiu-
enee in view u the unusual visible
suppiy- The priee for cash wheat i. a
small fraction higher for the week.
Pork prszlucf~ arr weak IN tone.
thuaEh only lari Is quotabiy lower.
Cotton j. oue-,irlath lower. the cash
prev hsiuw the lowest knoaa fsr
fortv-6ve yrars. ssd- cot>iirrinr tn.
aiscreue- in eia.>i6cafiou. il II psr-
hsT~ lower than A. anF tirne sinrs.
t~s., ami estimate that the crup j.
lmarr than 10 s.lu- asa tsal.-~ ar. usa-e
cs.zuruo-iy credited now thsn sSti-
mzt-s # s.1easso baIeS we're two
ruunihs sg,s
The condifisn q the inslustris, - in
ssssns rrsueess uiss-r >atisfacfarv- Eri-
d~ufiy th-re il lar-er demand fer
ira F'r'~4ust~ than th-rr was a usonfh
AEo. ihruaxh tire iaereas@ in autpnt
has hsrn ~aua-vshat greater tAaa IN
I.rrva~- in th- dsnlans- 20 that pri.s-s
stessiiir t~ui si.svruNart
Tae i--s ausl sh.-s TRADE esntiun.-. e.,
sirIircr u.s-~ <s-i- thau Ia suv p-~-
ssali- rear ~ b. 5af IN >.-rteuit,-r. an.
uasr>t 20 th.- vs.rss stilI lave s.r,lsrs fs-
uus 80 tsg asauths aheasL although
aaalu,F fsr iss'V ,'r razsiiuun- gpr6cs-i .,,-ri~
I b. H~vz demand To ,,rv z-s--i. 8, MT
a. izr-s- a. it ha- t---n and ia ~urin.-
.ssssls the market = eall,..l reaaarks islr
anli- thaaEa th~ue s rrlatixelv a s-s-sa
DIAL daius in earrrur or,ivr~ for Tie
tsd iTsa.s- Natteu nrint cloths arr a
sh@lis strHuzer. a. the u~ss. frssrn Pal
klser ressartisng tine duratian - th.s
strike = ass~ enea5uraz,iua- hst fer
ether Esssis the market i slarr. -
might - expected ia vi.a - the
heagy ass-ilnr ia the rass material
Aasslru~ zrr ls>s arsiv.- and rhiIs.
feerc arr uHms.rlsus snail arsIar~ fs-
fall E.--,s- the eeuaaud sar spring
sussi> {, as Ecf nj azurr than ah.snt
th7re-sIuart.r, - the ordinary quan-
tity- and uaainiy iialitssl "a IN. chsau-r
grade In these the domestic pr
aucers app-zr to - uasrting forrign
coaaPetitlaa quite satisfactorily.
Sales Il xosl far the vve-l have i--en
s..ss'i.s5 F-sunis. sKair>t 60. stn two
YEAR ago. and far i've weeks ending
tActoh~r saie~ WERE - --g. 30 pounds.
against Is.ia--is5 last year. ami .. Is. :
80 in l>.g.
The volume of dums>,ic trade insli-
Gated by the exchanges AZ the prinei-
pal clearing hoases ! lI-s per cent
larger than year ago, but IN compar-
lson with i,.s= shows decrease of - :
per cent kailroesi earning. thus far
reported for the month of September
are a. per cent less than in i>sss. the
loss being rather greater in the latter
than in the earlier WEEKS Of the mont h.
In the money market more CONNER
cial paTer i coming into sight. though
on the whole the market i by no
means encouraging. and good single
name paper has been placed at 3 per
cent. the lowest ON record
The revenue 81 the treasury for the
first month under the new law i bout
5000, 90 les than for the same month
last year. and there i feeling that
for some months to como. with scarcely
any imports If sugar or receipts from
the whisky tax the effects Of the new
law viii not b. fairly shown
Commercial failures in the third
quarter OF l>9f have involved liza bill
ties Of So. .ssi .lgl- exclusive of banking
institutions and railroads. against So. =
ss9.s.l reported a year ago for the
same quarter, and for nine months Of
1884 the liabilities have been sal. 0g4. =
5e-. against >95t.32t So last year The
manufacturing liabilities were 81. I'll. :
sse, against 81. .6s,,s. ~ reported a year
ago. and in trading SIf,IsI. % for the
quarter, against s5s.sIi.is6 year ago.
For the month Of September the liza
bilities have been smaller than in
other months this year. only =. 30. Ia
Of which ss.90s-Sz3 were II manufae-
turing and S3-650, o.. OF trading con
Germs.
The failures during the past week
have been =l9 in the United States
against 80 last year, and - in Canada
against - last year.
g.n.sSi.n >weux.I a.. -
WASHINGTON, Oct 6--The importa-
tion OF natural gas from Canada into
the United States Is assuming such pro-
portions on the northern frontier as 10
call serious attention to the rivalry