Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1895-02-21
GUNS COMMERCIAL REVIEW.

-
ESpsrts - tssstsl sssf wtrhdrs~st- sr.u~ the
rr~sssry >tspp~st ~ ihe Bsss-i I-~a~ C..n-
tract rh- Exs~-stlu< h~aps~-- es F.rss
Frssiast. sa.t K--Iri-tsd Ops rsti..s- In
issta~tri~- ots~ts-i.-~ Witch BIsrk sh~
Path 80 tfu-ta--- Prosperity
Nav YoRk- Feb IG-E- q. Dan &
Co. = weekly review % trade. issus.,l to-
day. says
ExPorts of gold and Withdrawals
from the treasury have been almost
entirely stopped hy the contract for
purchases of gold frcm McSsrs. Bel
mont and Morgan Though it, de-
tails only became public thursday,
and were quite sharply criticized by
many. the fact should not be forgotten
that the rate of cxehanr. was in
fact cuntrelcsi. rDld was actually
started hitherward from Europe. and
there WIS entirely arrested
at least thus far. the outward move
ment which has seemed within forty
eight hours Of emptying the treasury
CloSs eritiei>m of things done in snch
a stress comes later For the moment
business only waits - know whether
sales of American securities and with
dravals of gold frou the treasury have
been lastingiy stopp-sd by the remark
able Increase II coufidensc-
The transactions with foreign hank
crS could not put into the treasury
larrrr revenue. which is still falling
behind. expenditures for February
thus far being S4.95l.sgs. While the
f. y
ftr two weeks have been 20 per cent.
larger in Volume than last year. they
are much behind those of two years
agu. AMI the customs revenue aver
ages % Per cent less The reviving
confidence has not only prevented
NithdrawaIs % gold hy Americans in
the main. but sales OF American secu-
rities By foreigners have been nearly.
II not quite. balanced By purchases.
The two obstacles which block the
path just now are exceeding eheaPness
of farm products and restricted opera
tious in the industries. There has
bern M gain in prices Of farm pr,siueiS
On the whole. eorn j. nominaily half
q cent higher. but with an insiruifi-
cant movement. while wheat. alSo
with movement hardly half ~ last
years i quarter of 4 cent lower for
the week. Cotton with continuing
large receipts. remains unchanged
Pew wor,ls tells the story Th. cnrn
croP Il undeniably short. though prob
ably a much larger supply than 81
hrial reports Indicate. Wheat and cot
ton supplies are 80 far beyond the
worlds demands that extreme laux
prics- are natural aud speculation foe
advance Is greatly handicapped Re-
strietesi Purcha--> by the west and
spufh naturally r,ssult
Perhaps th5s inliusnrr s, felt A.
Hluca n the h.,at and she.. industry n
IA sny ether. fsr euiv part. thsugh
large part. e the varioJl- qualities has
b--eH advanced in pri-s~. the distinct
crirtssii lss..ut - orders in others II csp--
ciaIiF Observed Fs..tNcvn this shrink
swe. aud that which results fram
Inability af fsbhers % pay al
vanesf pr5cs-s fer other xsis-is.
siuits. = nnmtser Il factories have bsesn
sla.ed. ant asher~ are running part
time. comparatively asx having ur,ters
far their full fsree- Shipments fruEn
the east eoutinus larlrer than IN anv
preVious wear - date 4-gs7s eass>.
AGAINST Ess.tt8 tws YEAR agss. but a
continuance u SUCH activity a, scarcely
:, b. expected
Leather euutiau-s strong IN al
grassss and reeeipt- are. on the whole.
Cssszely taken
The outpat u pig irun Eehruarv
WAS ts-.-sg tons, against 10. sis weekly
January {. but tho stn--SS rvmainiug
ausssld we're -1~.0-s tsns. against sts.-
- January l. ami insiiraie decrease
II d. - tsas in actual consumption,
xeesly. during the mputh - January
Ceutinaed dallness II rrp.srt.,,i in
cuttoas 4nsi n resiaefi,sn - prics-> IS
the Amas,lea.F mills cau~cs s.ams hesi-
tatiou- In the main the works are
wei employsst- but with extrerlsiy :
ss-aatF Vrahfs and considerable doubt
whether market xill h-s fsunsi for a.
esnalatiBss sto..iSs - sonis- gr,ssi-- 7 rasiss
in sxoalsaS i by M means satistae-
tory. thaugh fairiy large .R velume IN
mssilam ami lpw grades but priees
have h.e~a generally reduced and eau-
p.sitlan sslth cheap f,5r-i-u asnslsiS =
felt ssatus. ~ bat msrs- sales Of wuol
euutiuue within about a sixth -
vesk's norlual supply for eastern
mills. amounting "a s.lg,i. so pounsis.
q - ais-h e l9l- .i.l0 we're soms-stis.-
Ths moHsy market shows a tendency
"a strengthen. ant somewhat larger
offerings sf commercial papsr appear.
NthaaEh Hst IN proportion - the re
Rsrts,l activity of mills loahtlsss
nany are working only short time.
bat aHE Improvement j. encouraging.
4 :. g.lss7v hat eis-er market j. expected
a. n result - the bnua transaction
/ 41e ruIume of domestic business rep
resented 'aF elearings was a. , per cent
larger than 49, wear. but ls-5 per CENT
smaller than in isgS. anu sh-~ average
for February Ia date shows an Increase
of - per cent over last year. but de-
errasss of sal per cent from i-9G
The failures for the first week of
February show liabilities of only =, :
-. 80. of which So ~ were OF man
ufaeturing AMI 81 .91s s9E of trading
e0ueerns< The final rePort flr Jan
uary shows an aggregas. of sI5.ss7. .sll.
against -. >tl.64> last year, s.l-ssss- -
were u manufacturing concerns this
year. against SlI.s~s.7t5 last year.
while last year slI. >.'i- I15 were trading
Concerns. against slT.-3s.s,- last year
Failures for the week were 80 in the
United States against ~ last year.
and 81 IN Canada. against - last year
aNOTHER MISSING STEAMED