The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-06-29
DUN's REVIEW OF TRADE.

NEW YORK, n. Y, June 2S.-R. G. Dun & Co. s
weekly review says: The half-yearly report of
failures next week will include about $500 against
1929 for first half of last year and liabilities $685.,
600 900 against $1O1,57S.152 last year. But for
Cordage concern the aggregate would be nearly
% per cent less than last year, and the manufac-
turing liabilities 266 per cent less but including
the manufacturing liabilities will be 100000 600
against SAL STE, l02 last year. and the trading $45,
100000 against So 2,349,978 last year, while mis-
cellaneous liabilities were only So, 100000 against
ST S56.O72 last year. The liabilities for the sec
ond quarter wi II be about Sal 900, 600 against
SAT S13,683 for the first quarter this year, but
$37 1915, 1878 for the second quarter of 1894 Rail-
road receipts cover eleven roads with 1856 miles,
s109.65641O of Indebtedness and $S7,429.531 Of
stock.
Failures in Canada have been about HOO, against
1922 last year. Failures for the past week have
been 2b6 in the: United States against 2l4 last
Business is better, although the crop outlook, af-
fectng prospects beyond the near future is little
less distinct. There is more ground for doubt about
winter VIII eat and cotton than week ago and
threshing receipts are comparatively low, though
prospects for spring wheat are exceedingly good.
The price, IA OF a cent lower for the week is be-
yond mistake TOO low, IL the latest impressions Of
the week are relatively small, but for four weeks
have been 5,166413 bushels, against 6,794.52Slass
year, while Atlantic EXPORTS flour included have
bushels last year.
Corn has declined fraction and pork is steady
Cotton has fallen 3l6c 70 7c, in spite OF reports Of
| serious injury by rains in Texas and Louisiana. A
little buying by Northern spinners surprises the
market for their takings have been more than
enough for the years consumption and British
ceipts show great decrease in exports of cotton
goods Speculation has even spread to the wool
market, and with advance of about lie In prices,
the sales have been the largest ever known for any
week, 14,067 900 pounds, against 6, 1886, 600 in
1892. A growing belief that the domestic clip is
short, and an idea that the coming London sales.
beginning July 2, will show higher prices, have
been more potent than little increase in the man.
ufacturing demand, and the price has risen in all
markets.
The labor troubles passing with advfces Of
frequent advances in the rate of wages paid.
Copper has been strengthened by large sale OF
Calumet and Hecla for export at 1904 c, which is
now quoted, while tin is slow at 14G115c and lead
at 3071ac.
Iron still advances, Bessemer selling for SIP 90
| at Pittsburg and gray forge at $40 go further
advance In structural forms is xpected, the West
ern demand for steel rails al the advance of So per
ton Is quite good, the rise in bar is maintained and
cult to place orders at such price.
Tbe closing OF It's contracts by the syndicate
raises the treasury reserve above 100000 600,
but the certainty that no more gold is to be I'm.
ported by the bankers makes foreign exchange
stronger, and If large part of the bonds taken
abroad have been resod to this country, delivera-
bic as soon as possible, some believe the heavy
merchandise imports for June at New York, 4S
| per cent larger than last year against EXPORTS
about per cent smaller, will render exports OF
| gold altogether probable. Money still comes
| hither from the West in amounts averaging about
| particularly on iron and other manufacturing
| paper.
The railroad presidents have again agreed tc
restore rates which have been disasrously cut for
| some time past but railroad stocks have sharply
declined, about ~ "a per share during the past