The Camden chronicle. (Camden, Tenn.) 1890-current, 1895-08-23
TRADE TOPICS.
Dun a Co., Report on the Condition Of
business.

AuhlmeAas
r. q. Dun & Co., In their weekly
review Of trade says;
Business continues unusually active
for midsummer, aud though there Is
pereept,blo relaxation there are no
signs Of reaction, The one change Of
great Importance which the past week
has brought Ia eminently holpiul-tho
amicable settlement between coal
miners and employees in western Penn
sylyania, Ohio and Indiana. It is said
that about 100, 900 men will have their
wages increased after Oct. LIST by this
adjustmentand while tho enlargement
ofpurchasing power Is Of consequence,
1t seems even more important that a
chronic cause OF controversy has been
removed by the new agreement as
TO company stores There is no i'm
portant change in crop prospects and
at this time no news is ominently good
news. Taken altogether the crops Of
the year promise 80 much better than
was expected a month ago, that the
effect is highly encouraging although
the other crops except corn will not
be full.
"The outgo Of gold continues and
excites some comment because it is felt
that the bond syndicate could arrest
the movement at once if 1t pleased by
reducing the rate Of exchanges.
Speculation has been more sue
cessful in cotton than in any other
product during the past week, and has
lifted the price an eighth, although IL
cannot be said that the prospect as to
yield has definitely changed. Some
injury has evidently been sustained
from excessive rains and the govern.
ment report commands a little more
/ attention.
"The industries continue to make
progress and higher prices for iron
and steel products prove that the sup
ply has not yet outrun the demand
Besscmer iron is a shade weaker, but
grey forge has advanced about 6 cent.
and finished products are remarkably
firm with further advance in stee
beams to 1. 6 and in angles to l. 8 cent?
and in bar iron to 13 cents. Thu
Carnegie works at Homestead brok,
the record by turning out in July 43,
900 tons of steel, of which II, $50 wer,
Of beams.
"Sales of wool are not as much in
hated by speculation as they wer
during the first half of July, but the,
still considerably exceed the actua
consumption in the manufacture
Prices are very firm and holders VIII
bought enormous quantities a mont
ago in expectation of q rise appear t
be looking for a further advance. Blu
wooden goods show signs Of weakenin
and there is much complaining of foI
eign competition and differentiation
especially in medium and lower quail
ties, while in worsteds the tendency c
prices is upward. Some staple cotto
goods have again advanced in price
and the market is unusually strong fo
the season. The shipments Of boot
and shoes continue larger than in an
previous year, but there is very ittl
new business and most of the mani
facturers are getting near the end {
their orders, while many have di
charged part of their hands. Pric,
are firmly maintained and there is L
yielding in leather, though it is T,
ported that in hides prices at the we
show little weakness.
''The failures in July show liabil
ties amounting to ST., 788,51O,
which $2, $40, 075 we're of manufactu
? ing and $8,283,173 of trading col
Germs. Failures for the week wei
900 in the United States against q
r last year and 40 in Canada against
last year.