Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1894-09-22
DuN'S COMMERCIAL REVIEW.

While Buslness Has Received No Setback
this Week, the Volume OF Increase Di-
mtnishes, Orders for the Replenishment
OF Exhausted Stocks Having Been Largely
Disposed Of-A Conservative View OF the
Outlook.
NEW YORK, Sept. 15.-R. g. Dun &c
Go. S weekly review of trade issued to-
day says:
Business has met no setback this
week, and continues larger than early
in August and larger than year
ago directly after the panic More
commercial paper is offered; the
western demand for money in
creases; the iron manufacture greatly !
expands its output; shipments of shoes
continue large, and cotton goods still
advance little. In some directions
the postponed business has about spent
itself and less active trade results,
while the net increase has not been |
much more than is usually seen in |
!. passing from August to September. |
.in comparison with last year the in
come is 10 per cent. in volume of clear
ings, while in comparison with Sep
tember, 1892, the decrease is 25.7 per
cent. Railroad earnings In September
thus far reported are 1.3 per cent. less
than last year, but 155 per cent less
than in 1892, and the tonnage compar-
ison shows substantially the same re-
suit.
The country has now passed nearly
three weeks under the new tariff, and
all admit that changes have been of
less Importance as yet than was eX-
pected. If in some branches business
has materially increased, it has gained
little or has fallen off in others. Loss
in some directions is explained by crop
reports, for the most favorable eSti-
mate of experts puts the loss of corn at
about 400, 900, 900 bushels, whereas the
government report is by some inter-
preted as meaning Il loss of 600, 600, 900
bushels. The opinion of the trade
does not favor the official estimate, and
the price has not risen at all during
the week, though receipts have been
very small; exports have practically
ceased, and all realize that the shrink
age of 400, 900, 600 bushels is serious, if
it proves no greater, since it must af-
feet prices of meats for year or more.
Pork is unchanged, but lard has risen
so cents per 100 pounds.
Nor are official reports as favorable
to wheat. Western receipts in two
weeks have been 1l,1S4,6s7 bushels,
against l0,G74,76l last ycrr, and Attain
tic exports only 2,074, 100, against
j,l06, 5Gs last year, and the price is one
half cent lower Considerable injury
! is officially reported to cotton, but few
expect less than s,500,00O bales, which
is more than enough and the price is a
sixteenth lower
Shipments of shoes from Boston in
two weeks have been 1895 cases,
against los, $50 last year, and in low
priced goods the market has not been
as bare for years, while purchases
from stocks or for quick delivery re-
feet depletion of stocks and consum-
ing demands
Less activity is seen in A-r- -
th, rnsn oI postponed business having
ahated, and there is more disposition
to defer purchases because of some
what general advances in cotton goods,
and because London wool sales are ex-
pccted to make the outlook clearer.
Strikes in cotton mills have not ceased,
and stocks of print cloths shrink rap
idly; but sona question whether re-
cent advance; in prices can be MAIN
tanned. with important additions to the
present force. There is still a fair
business for speedy delivery in wool
ems. and for cheaper grades of spring
goods but scarcely anything is done
in the finer grades About half the
usual business in the aggregate has
been done. it is estimated, but about
three-quarters in the cheaper grades
Sales of wool have been S,2j5,2o0
pounds in two weeks. against 5,6i7, 900
last year and lG,4as.S0o IN 1892 The
markets are easier and less active, all
waiting for the London sale.
Speculation in stocks has been tame,
the public being indisposed TO sell,
while crop prospects and unsatisfac-
tory earnings hinder any movement by
operators. London has sold a little,
but the average for railroad stocks has
advanced during the week 80 cents per
share. while trust stocks declined Gs
cents, whisky showing most weakness.
Domestic trade reflected by clearing
house returns, naturally about 10 per
cent. larger IN September than in Au'
gust. gains little more than last year,
but less than in 1892.
There is a little improvement this
week in offers of commercial paper
particularly in connection with manu-
features, though the business is still
narrow. The movement westward ant
: southv ard has also improved, and the
scarcity of small notes for use at the
west has enabled the treasury to add
, little to it's gold reserve. Customs re
ceipts in September are S9,Osi,O37
against 90 ,9sG, IA internal revenue, anc
i, imports of merchandise increased less
than was expected. Exports of prod
ucts from New York in two weeks hav'
been IS per cent. smaller than las
: year, and in August the principal ex
ports amounted to S35,G75,6sl, against
Si5,669, l52 last year, decrease of p
9 per cent, mostly in breadstuffs.
Failures in the first week of Septem
5. ber as yet reported show liabilities o
t only 81, 10000. OF which S4l5 10 wer
: of manufacturing and 1857, ,45O of trad
a ing concerns. The aggregate of liza
4. bilities reported for August is SlO,697'
y 5l3. This week the failures have bee
2O7 in the United States, against 81
last year, and A in Canada, against :
, last year.
D A FOOL AND HIS PISTOL.
\. | MOrtaIly WOundg His Young wife an