The Port Gibson reveille. [volume] (Port Gibson, Miss.) 1890-current, 1895-08-08
COMMERCIAL.
A LULL In BUSINESS REPORTED BY
DUNE'S AGENCY.
THE CORN CROP VERY LARGE
Cotton Has Lost Little--7. 500. O0o
Bales Expected.
snnaii nlse I'm the Price of The Sta
pIe--The Price of Iron a Shade
Higher Though Not Firm--Tbe
Wheat Market.

New York. N. Y.-R. G. Dun A
20. g weekly review of trade saws:
There Is perceptible halt which
may deceive if attributed to wrong
causes. Trade two months late in
spring pushed forward into July
large share of business belonging to
April or May: Seeing a rush of orders
out of time, many imagined it would
continue and hurried to give more or
ders. The jam of two months bust
ness into one lifted prices. Then other
orders came to anticipate a further
rise. The midsummer halt was inevi-
table and it is yet somewhat uncertain
how much improvement will appear
after 1t. The crop of corn promises
TO be the largest ever grown and is al
most out of harms way. The crop OF
wheat appears from later accounts to
be 10000, 900 bushels smaller than was
expected a month ago. and had the
best hopes been realized il would have
been more than 100000 bushels short
Of full crop.
Cotton has lost little and more peo-
pie seem to believe in $500, 600 bales
than believed in 5000, 900 a month
ago. Larger stocks than wore immc-
dtately wanted have been taken by
traders as prices were advancing and
these tend to limit further orders.
The general advance in many products
Rlso causes reluctance to purchase, and
the distribution Of the past
half year has been in part to
make up for stocks and individual
supplies depleted during two
years Of economy. On the other hand
there have been enormous increases in
the working force and considerable
increase in wages paid, which enables
people to buy more freely. Strikes Of
some Importance appear, but do not
threaten to last long, though strike
of coal miners may for time effect
business somewhat extensively. The
hopeful spirit prevailing in nearly all
markets may find its warrant, in spite
of shortage in some crops.
For the first time since the rise in
prices of iron products began, there
have been some concessions to retain
business, and efforts of new works to
get orders, tend to check the advance.
i'm spite Of this the average of prices is
a shade higher, bar having risen rela-
lively more than mil iron has declined.
The market for pig is quiet and on tho
whole remarkably strong, with the
prospect of an increased output.
Finished products are generally strong,
with more demand than can at present
oe met for plates and for bar. The
structural demand continues large, in
cluding 3 1000 tons for one new build
ing mt 18th street, but the expected de-
n and for rails is delayed. Great spec
ulation in copper stocks had brought
extravagant statements of demand and
profits but liz has been paid in some
cases for lake and the consuming de-
mand is actually heavy. Tin has re-
mained. in spite of large arrivals aud
visible stocks 5000 tons larger than
usual. and lead is stronger In tone.
Business in cotton goods has been the
largest in July for several years, reck-
oning deliveries, but not large as to
new orders. A further advance Of 1tc
per ward has been made, with moder-
ate demand for some bleached aud
brown goods, and prices are firm for
sheets and drills, while colored cottons
are auiet. with occasional advances.
Sales OF wool have been only 6,O73,-
A5o nounda for the week against 8, $780,
400 in 1892.
Wheat suddenly rose +. per cent on
bad reports Of condition, but has
dropped all the gain, as the scsntiness
"a exports is felt, shipments in July
having been only 3,495,0 ,064 bushels,
Aonr included, from Atlantic ports,
against (. s65. 633 last year Western
receinta continue very small and farm
ers appear to be holding for higher
Corn ia a shade stronger, although
the re7orts are decidedly stronger.
Cotton has risen an eighth in price,
,vbollv on bad condition reports Dut
- tbe lowest estimate the years yield,
With stock carried over, VIII exceeu
tbe worlds demand. Heavy sales oi
coal ARE shipped at prices ot least 'Uc
hoIow the circular and the market ls
mncb demoralized with fear OF autumn
sales. 1oo,, oe1
Failures for the week have been zoi
= tba limited States against 23O last
year and twcnty-elght IN Oan'u@
against fourty-fenr last year.