The San Francisco call., 1895-08-03
DUN's REVIEW OF TRADE.

NEW YORK, n. y, Aug. Pr. G. Dun & Co.,
in their weekly review of trade tomorrow, will
say: The years business will be much affected by
the crops and the most hopeful estimate falls be-
low a full yield, except for corn larger stocks
than were Immediately wanted having been taken
by traders, prices were advancing and these
tend to limit future orders. The general advance
in many products also caused reluctance to pur-
chase and the dist ributon of the past half year
has been in part TO make up for stocks and Indi-
vid ual supplies depleted during two years of
economy. On the other hand there has been an
enormous increase in the working force and con-
siderable increase in wages paid, which enables
people to buy more freely
The apprehension of money disturbance has been
quite pushed aside. Strikes of some importance
appear but do not yet threaten to last long, though
strike OF coal-miners may for time affect busi-
somewhat extensively. The hopeful spirit
prevailing in nearly all markets may find its war
rant in spite of some shortage in crops. Railroad
earnings for July thus far reported are 1856 per
cent larger than last year. but 143 per smaller
than in 1892 the loss being mainly west of the
Mississippi. East-bound tonnage from Chicago for
four weeks has been 21s,S63, against 2,209 last
year, when strikes disturbed, and 225,333 in 1892
decrease of about per cent. All the indications
show midsummer laSstude.
For the first time since the rise in prices of iron
products again there have been some concessions
10 retain business and efforts of works to get
orders tend TO check the advance In spite of this
the general average OF prices IS shade higher, bar
having risen relatively more than mill iron has
declined. The market for pig is quiet, and the
whole remarkably strong, with the prospect of in
creased output. Finished products are generally
strong, with more demand than can at present be
met for plates and for bar Business in cotton
goods has beeu the largest in July for several
years. reckoning deliveries, but not large as new
orders.
further advance OF a quarter of a cent per yard
has been made, with moderate demand for some
bleached and brown goods, and prices are firm Tor
sheets and drills while colored cottons are auitt
with occasional advances. The demand for M ems
woolens has been less active, with some disap-
pointment observable, while worseds have sold
relatively better.
Wheat suddenly rose cents on bad reports OF
condition. but has dropped all the gain as the scant
in sss OF X is felt, shipments in July having
been only 3,A95 064 bushels, flour included, from
Atlantic ports, against 9,S65,633 last year. West
receipts continue very small, and farmers ap-
pear be holding for higher prices. Corn is a
shade stronger, although reports are decidedly Ia
vorable.
Cotton has risen an eighth in price, wholly on
bad condition reports, but at the lowest estimate
the years yield with stocks carried over will ex-
ceed the worlds demand. Heavy sales of coal are
reported at prices least 20 cents below the crcu-
lar and the market is much dem oraliZed with
fear Of auction sales. The stock market has been
strong, especially in the grangers, and the average
close is 2S cents higher for railroads and 102 for
trusts The failures for twenty-five days of July
have been smaller in liabilities than year ago.
amounting to S, 1872 727 OF which 81 021, 1922 were
of manufacturing and $5,665.563 OF trading con-