The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1894-09-14
DuN.s COMMERCIAL REVIEW.


Observation-Disclosures of Strikes and
Crop Reports on Trade.
New YORK, Sept. 7.-R. G. Dun &
Co.'S weekly review of trade issued to-
day says:
The business outlook is much like an
April day, with alternate clouds and
. sunshine. In home branches strong
improvements still continue, while in
others, trade is diminishing. In the
adjustment to new conditions such
f, conflicting signs are to be expected,
and the more, because the deferred
business which had awaited a settle
ment was by no means evenly dis
tributed.
The government crop report is ex-
pected to foreshadow a great loss in
, corn, while other observers believe re-
ports materially exaggerated and esti-
mates of the yieldrange all the way from
1,30O, 00O 600 to l, 700, 600, 900 bushels. The
wide uncertainty affects business pros
poets to some extent, and an advance
of half cent the past week has fol-
lowed receipts not half those of the
! same week last year. Wheat receipts
have been 5,677, 157 bushels, against
1850, 337 last year, and yet the price
advanced one-half cent, although Allan
tic exports were only 1,15S,674 bushels,
against 2,111,644 last year. Pork adj
vanced 25 cents per barrel, and lard %
cents per 100 pounds, as smaller esti-
mates of the corn supply were enter
tanned. The first bills against spot cot
ton of the new crop have appeared, and
the Financial Chronicle estimates the
yield at s, 500, 600 to 5000, 900 bales. To
appearances the new crop will exceed
the maximum worlds consumption of
American, OF which the stock carried
over September here and abroad was
1859, 4s4 bales.
The change of duties has brought
the government during the week
S4, 243, 500 in customs, which is less
than many expected, and receipts are
rapidly declining, while internal rev.
epue has dropped off to S2,147, ,5s2, of
which more than half was actually re-
ceived in the previous week. But by
resembling its order regarding de-
posits of gold here against notes de-
livered at interior points, the treasury
has gained more gold in few days
than by the increase in customs re-
ceipts.
Large bills against future shipments
of cotton, and considerable foreign pur-
chases of bonds and stocks, have caused
exchange to decline, but gold imports
are not in sight, as exports of products
from New York fall nearly 10000 900
behind last years for the week, while
imports show slight gain and are
likely to increase.
Of the aggregate volume of trade
no exact measure exists, but payments
through clearinghouse for the first
week of September were II per cent.
greater than last year, though 20.7 per
cent smaller than in 1892. Perhaps
settlements on past business affect the
record, but it also appears that com
mercial loans are not increasing and
are limited, while western demands for
moving the crops are much smaller
than usual, indicating limited demands
in other business there.
The volume of currency decreased in
August 80, ,002, ,75s, and is now $4,000
per capita.
The boot and shoe industry has been
less affected the past year than any
other, but deferred business has easily
lifted it's transactions above those of
the same week In ordinary years, Bos-
ton shipments being s9,650 cases,
against 81, 400 last year, 81, SIG in 1892,
Bnd s4,001 in 1870. Large orders are
no longer as frequent as they were.
The cotton manufacture after some
weeks of increasing business, which
has been peculiarly stimulated by the
strikes, rejoices in a really large de-
mand at high prices. Several large
mills have gone into operation this
week, and others will soon follow, and
the deferred business appears enough,
with current needs TO employ the whole
working force for time.
The iron manufacture has materially
increased its output since the coke
troubles ended, but with the result
that pig iron is weaker, Bessemer be-
ing Sl1.50 at Pittsburgh. At all east
ern and central markets the demand
for finished products is somewhat dis
appointing and prices gradually tend
downward, indicating working ca
pacity exceeding present requirement..
Rails are not selling, and except at
Chicago there appears somewhat less
business in other finished forms.
The woolen manufacture, in which
deferred business might naturally have
been larger than in others does not in.
crease the working force, and after
two or three active weeks the business
has Stacked with about three-quarters
of the usual transactions of the sea
son. Sales of wool have fallen TO 4, ,1i5,,
1Oo pounds, of which about million
pounds actually belonged to the pre-
vious week, against 7,616,s00 in 1892.
and domestic fine wool has weakened
about a cent at Boston, although
Australian has advanced ~ with
stronger foreign markets. Prices of
some goods are reduced since their
opening, and others recently offered
are 25 per cent. below last years
Failures in August aggregated liabil-
tiles of SO, 139, All, of which So, l72, 33O
were in manufacturing and s5,07s,l53
in trading concerns.
Failures for the week ended Septem-
Der Z were 2l5 in the United States,
against 81s last year, and AZ in Canada,
against 25 last year.
A PopulIst who Advocated Free Coinage
of silver Arrested for Counterfeiting.
SAx FRANCISCO, Sept. s.-Sr