Birmingham age-herald., 1895-08-31
Dun's Review.

New York Aug. 3O.-R. G. Dun X Co intheir weekly review of trade tomorrow will say:
 Improvement in markets and prices continues and whereas a few months ago eVeryody 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 increase of business may go too far. strong, con servative feeling is finding expression, not as yet controlling the markets or in dustries but warning them against too rapid expansion art rise. In some branches the advance in prices clearly checks future business. The industrials are not only doing better than anybody had expected, but are counting upon a great business for the rest of the year.
 If the speculative spirit and the power of combinations pushed up the prices of hides leather and shoes, the demand has distinctly declined. at least for the pres ent and many works were out Of orders, while few are now receiving enough to support a full production. Shipments from the east in August foot up 356,376 cases, against 355, ,S44 last year and 323, IA in 1892.
 The prospect for wheat has hardly inn proved this week. though the price has fallen IA cents. Western receipts Ire decidedly increased, but are only 3.905,J05 bushels against GAPS. 294 last year, and
 
 els for the week, flour included. against 327111S bushels last year, In the past four weeks Atlantic exports have been only 4,36S, ,5S9 bushels, against 11,701 .S53 last year, and this alone is quite enough to explain the failure to maintain the sensational advance in prices which so effectively checked the outgo. Corn is coming forward more freely and the Sep tember price has declined A of cent. with the promise of great crop. Pork and lard are shade lower.
 Cotton is rising as if there were no surplus of 3.G00,00 bales American car ried over to the new crop year, which be- gins with next week Whether exagger- ated or not, reports of injury have inn pressed traders, and purchases in three days here amounted to 955,SOO bales. The price has advanced fo S.19c. and as there is no large supply of actual cotton avail able at this time the market price can be easily moved But if the yield is as shert as buyers believe, it is not a good sign for business at the south. since the abundance of old cotton in foreign mar kets must hinder exports at higher prices during the very months in which plant CTS are forced to sell most of their prod uct. Already dispatches indicate that the retail trade at many southern points Is slack The volume of domestic trade is but slightly better than in the previous week, exceeding last years by 1S.S per cent, against l63 Tor the earner weeks or the month, and falling S16 per cent be- low 1892, against 9.1 in the earlier weeks. Railroad earnings in August have been hardly 6 per cent larger than last year, but 163 per cent smaller thah in 1892, the loss on grangers and southwestern roads being large. Tonnage eastbound from Chicago was 1S6. 736 in four weeks of August, aga;hs, fS1, ,7SS last year and POT 695 in 1892.
 Failures in three weeks of August show liabilities of 6,519,36 manufacturing s. 5f7 ,377 and trading $2.S52, ,sS9. In the same weeks last year liabilities were $S.214,470, manufacturing $S.s4o.33S and trading B SS4.414.
 Failures for the week have been 1S6