The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1894-07-05
MARKET REPORTS.
TRADE AND COMMERCE
Dun's Weekly Trade Review

NEW YORK, June Or. g. Dun d
Company's weekly review oil trAo'
says: ..,
The great strike OF coal miners mas
ended at mos. points but another
threatens to interrupt business more
seriously for time, though the mum
her of hands engaged is comparatively
ANAL Travel and traffic are well nleh
arrested on about 20 western roads al
ready. and strikes are threatened on
all roads which use Pullman cars On
tho whole. other changes during. the
weel, have been for the better. Many
,nennfacturing establishments which
were stopped by want of fuel have re
sumed The depletion OF the treasury
reserve has been checked by the vol
untarv deposits OF gold by New YORK
banks. Exports OF gold nave alliloI h
ceased. Congress mas naue nun tIa
,,rooress toward final disposition OF the
tariff question, Crop prospects gro"
better as the harvest draws nearer;
The resumption OF work III mines Is
and mills has made good progress put
the demand for products Is as !eV
smaller and less urgent than was e6-
pected. Buyers apparently walIeu ioi
lower prices of iron ana steel prouucIs'
which manufacturers are SLOW 10 SNe'
IN view of the increased cost Oh ma
terials and production. AFTER sus-
pension of half the working force Tor
more than a month it was expected
that orders for producers would be
very large, but instead there Is gen
erai complaint Of dizziness and narrow
demand. and prices of Bessemer, pig
and some finished forms are niue
weaker. Although the working force
has evidently increased, several estap-
lishments have stopped for want OF
orders, or because no settlement re
oardinp wages for the coming year
has yet been reached.
Textile manufacturers are nuch EN-
barrassed by the near approach OF
probable change in the tariff, the et-
fect of which cannot be calculated, In
snite of this reason for deferring orders
and pnrchases the number OF mills
ouitting work is not yet as large as
was expected, for there appears a little
more demand from clothiers ana JoD
beers. The cleaning up process mas
been accelerated with success by con-
SESSIONS in some cotton goods, but tall
orders are still limited and the accu
mutation of goods continues. Some
what better orders in woolens, partlc-
ularly in low priced all wool goods and
in CLAY diagonals and worsted cheviots
though lot large in amount gives nope |
of larger trade, but the mills are
buying cautiously and sales OF wool
fell below last year, 2,7SS,7CO
pounds for the week against 3, l4@, 9UO
In four weeks of June sales two years
ago were 90, 1853, $50 pounds, last year
only 0, 750,S76 and this year II ,6O1i o24
mounds Growers and other holders
OF wool seem disposed to demand
higner prices ttln can now be pald
Bui tle receipts rom the interior are
liberal and exceed the present demand.
Wheat has deciDed cents, the year
closing with insignificant exports, for
four weeks Of July only 3, O2O, $40 bush
els from Atlantic ports against 9,9lI,-
454 last year, while western receipts
have been $500, S04 for the same weeks
against S,9l0,042 last year, much
smaller decrease.
Corn has declined Use, receipts be-
ing larger than of wheat and heavy |
crop is expected. Pork products are
also shade lower. Cotton has yields
ed 1-16c as speculation against the
enormous stocks in sight grows tire
some.
This week the failures have been
2l4 in the United States against 3O5
last year and 30 in Canada against p
last year. OF late the number OF I'M
portant failures has increased little