The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1894-10-26
DUN's COMMERCIAL REVIEW,

Business Situation-WitII Many Features
OF encouragement, Business Has Not Yet
Answered Expectations.
NEw York, Oct 20.--R. G. Dun &
Co.'S weekly review of trades issued to-
day, says:
Cotton, below cents; and wheat be-
low 55 cents, each lower than ever
since present c1assifcations were
known, with exports of gold instead
of products at such prices in October,
are the salient features in business this
week. Distribution of goods to con-
sumers goes on fairly, with gains at
nearly all points in comparison with
last year, but not yet at rate to sus-
tain the present volume of manufac-
weaken a little The domestic trade
represented by railroad earnings is "a
per cent. less than last year, and 1874
per cent. less than in 1892.
The payments through the principal
clearinghouses for the third week of
October are 2.3 per cent. greater than
last year, but 31.5 per cent. less than in
1892. The daily average for the month
| is SO per cent. larger than last year.
but 2s.2 smaller than in 1892.
With many features of encourage
ment business has not yet answered
expectations, and it is evident that
the loss of part of the corn crop and
the unnaturally low prices of other
staples affect the buying power of
millions.
Wheat for October delivery fell to
"a. II cents on Wednesday, and in spite
of some recovery, the averaa e for Octo-
Der thus far is cents below the lowest
monthly average ever made, which
was in September, and was nearly 10
cents below the lowest prior to this
year, the October average being so
cents below that of October, 1891 or
1890. Western receipts are only 4,70O,-
39I bushels for the week, against g.
064, 1913 last year, and Atlantic exports
| 631 ,OS4 bushels, against $685. last
year, but the controlling fact is that no
demand as yet promises to clear away
the enormous surplus.
Corn declined one-half cent during
the week, with receipts not a quarter
of last years, and exports not tenth.
Pork products were somewhat wealzer
with lard quarter lower. Cotton sold
at 5. o4 cents on Thursday, and with AL
lison's estimate that the world will
consume s,24s, 600 bales American, the
stock of 1000, 900 bales in sight, and
the estimated yield of over 5000, 600
bales deters buyers.
Domestic exports from this city in
| two weeks of October were 10 per cent.
less in value than last year. While the
increase in value of imports has been
| 81 per cent, much of the decrease in
exports is in price, but in August aud
September the quantity of wheat de-
creased over third Provisions aad
cotton gained, but oil decreased, and
in miner products exports in Septeln-
Der declined 16 per cent. The increase
| in imports, exclusive of sugar, was
over 35 per cent. in September,
and in two weeks of October
at New York over 45 per cent
With this heavy increase in purchase
and q decrease in the sales of prod.
ucts abroad, the market for foreign
exchange is in position to be quickly
affected by Withdrawals of capital or
apprehepsions regarding the future
peace of Europe. To $500, 600 gold
shipped Tuesday it is expected that as
| much will be added to-day. 1t APP
pears that three trust companies here
now hold over $40, 900. 600 idle money,
and that eastern mill loans are being
taken from New York by New England
| banks, while the northwestern demand
| for money is unusually small. The
| treasury is again falling backward in
reserve, and large imports yield lit
tie less revenue than last year while
internal revenue for the past three
weeks is S4, coo, 600 smaller than year
ago.
The dry goods business and textile
| industries were especially favored by
the demand in August and September.
In mems spring goods there are few
small orders, and, while fall orders for
suitings continue good, the demand for
cloakings has been reduced by the
strike of cloakmakers.
Sales of wool have for three weeks
| of October been 15.147, 499 bales,
against s,344, 452 last year, and 1906
| 600 in 1892, with markets duh and
| prices barely maintained.
The boot and shoe trade is doing re-
| markably well, shipments from Boston
for three weeks having been 2,58J
cases, against 160,564 last year, and
| 243, ,s99 in 1892.
The iron and steel business makes
better showing this week. Bessemer
pig having stiffened to 5000 at Pitts
burgh, and at Chicago and New York
structural and bridge orders have been
placed, but bar iron has fallen to 80
| cents for common and 81 for steel at
| Pittsburgh, which are prices below
those current in Great Britain. There
is good demand for sheers and some
good bridge contracts are reported.
The Pennsylvania railroad reports its
material account 80 per cent. less than
| that of last year to date.
| The failures in October thus far have
been quite moderate in strictly com
mercial lines. the liabilities amounting
to So, ,s21 ,037, of which 81, 793, ,636 were of
manufacturing and 81, 900, ,G36 Of trad
ing concerns. Some failures of bank
ing. investment and loan concerns not
here included have not proved Of gen
eral importance.
The failures during the past week
have been 253 in the United States
against 34i last year, and 20 in Canada
against % last year.
SHOT AT HIS SWEETHEART,
who Broke a Leg IN Jumping from Win
dow 10 Escape.
LoxDox. O.. Oct. 20.-Carios D. AIey-
ers. a young mechanical engineer, at
/ tonaptad - zhf.as Lille Mitchell his