Pine Bluff daily graphic., 1895-09-03
DUN'S REPORT.
Prospect for a Most Successful
 Business Season Predicted.

Improvement in markets and prices continues, and whereas a few months ago everybody was nursing the faintest hopes of recovery, it has now come to be the only question in what branches, if any, the rise in prices and the increase of business may go too far. A strong conserva- tive feeling is finding expression, not as vet controlling the markets or in- dustries, but warning against too rapid expansion and rise. Ill some directions the advance in prices clearly checks future business. But encouraging features have great power. Exports of gold continue, but are met by syndicate deposits and expected to cease soon. AnXie- ties about the monetary future no longer hinder. Crop prospects. ex- eept for cotton, have somewhat inn proved during the week. Important steps toward the reorganization of great railroads give hope to inves- tors. Labor troubles are for the moment less threatening, and some of importance have been definitely settled. The industries are not only doing better than anybody expected but are counting upon great busi- ness for the rest of the year.
 
 The advance in prices of iron and it's products has added about $2 per ton more in a single week to the price of Bessemer iron at Pittsburg, and yet the great steel companies are buying wherever they can, while the air is full of reports that this or that finished product will further ad- vance. Many of the ablest men de- plore this rapid rise, note that it may expose some branches to foreign and urge that consum- CTS begin to hesitate. But the yari- 0us combinations which now con trol many iron products have so sue eessfully lifted prices thus far, that the markets seem to lack the re- straint of individual caution, and meanwhile holders of large quanti- ties purchased for future sale or de- livery want to get all they can for them. The demand, whether on old or new orders, appears large enough to sustain all advances yet made, and strikes of ore handlers and Mar quette miners cause fear that sup plies of Bessemer ore may run short.
 Since the speculat tive spirit and the power of combinations pushed up prices of hides, leather and shoes, the demand has distinctly declined, at least for the present, and many works are out of orders, while few are now receiving enough to support a full production.
 The demand for dress goods is still large, and some cancellations of orders forforeign mems cloths are re- ported because goods do not come up to SampleS.
 The prospect for wheat has hardly improved this week, though the price has fallen.1A cents.
 Corn is coming forward more free ly, and the September price has de- clined quarter. With the promise of a great crop, pork and lard are a shade lower.
 Cotton is raising as if there were no surplus of 5000, ,000 bales Ameri- can carried over to the new crop year, which begins with next week. The price has advanced to S.19 cents, and as there is no large supply of actual cotton available at this time, the market price can be easily moved.
 The volume of domestic trade is but slightly better than in previous weeks, exceeding last years by 1S.S per cent. against l6.3 for earlier weeks of the month, and falling S.1 per cent. below 1892, against 9.1 in earlier weeks. Railroad earnings in have been hardly per cent. larger than last year.
 Failures in three. weeks of August show liabilities of $6,51S,366, manu- featuring $3,517,377 and trading $2,S53,9S9. In the same weeks last year liabilities were $s,2l4, ,470. manu- featuring $2,S45,33S, and trading $3,- SS4,4l4, Failures for the week have been lS6 in the United States, against l96 last year, and 42 in against 40 last year.
 
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