The Republican. [volume] (Oakland, Md.) 1877-current, 1895-07-04
DUN'S REVIEW.
BUSINESS Better, Though Crop Out
look Is Less Distinct.

Trade issued to- day said: Business
is better, although the crop outlook,
affecting the prospects beyond the
near future, is little less distinct.
There is more ground for doubt
about winter wheat and cotton than
week ago, and threshing receipts
are comparatively low. though the
prospects for spring wheat are ex-
ceedingly good. The price a quar-
ter of cent lower for the week, is
beyond mistake too low, if the
latest impressions of injury to
wiLter wheat are correct.
Receipts for the week are rela-
lively small, but for four weeks
have been 5,166, IA bushels against
1874, 52S last year, while Atlantic
exports, flour included, have been
for four weeks 4.912, 729 against
7,444 OO2 bushels last year.
Corn has declined a fraction and
pork is steady. Cotton has fallen
3-16 to z cents 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 returns show "a
great decrease in the exports of
cotton goods.
Speculation has even spread to
the wool market, and with an ad
vance OF about l cent in prices the
sales have been the largest ever
known for any week -4,017, 900
pounds against 6,S35,GO0 in 1892.
In four weeks of June sales have
been 16, 1872, 465 domestic against
17,451, 500 pounds foreign, but in
1892 they were 10, $40, 760 domestic
and 10, 427, 500 foreign. A grow
ing belief that the domestic clip is
short, and an idea that the coming
London sales beginning July 2nd
will show higher prices, have been
more potent than a little increase
IN the manufacturing demand, and
the price has risen in all markets.
Light weights and mixed goods
hesitate and some are lower than a
year ago, but since the Washington
mills opened clay worsteds at a
slight advance, othe. medium and
better grades have been stronger in
tone. The labor troubles are pass
ing with frequent advances in
wages.
Copper has been strengthened by
large sale of Calumet and Hecla
for export at 1o8 cents, which is
now quoted, while tin is slow at
14.04 and lead at 3.279. Iron still
advances. Bessemer selling for
$500 at Pittsburg and Grey Forge
at $1,000, further advance in
structural forms is expected, the
western demand for steel rails at
the advance of 50 per ton is quite
good, the raise in bar is maintained,
and plate and sheet mills are
crowded so that it is difficult to
place orders at current prices.
The half yearly report of failures
next week will include about G,900,
against 1000 for the first half of
last year, and assets of about $685.
100000 against SOL, $751; 1872 last
year. But for the cordage concern
the aggregate would be nearly 90
per cent. less than last year and the
manufacturing liabilities 26 per
cent less, but including it the
liabilities will be about $40, 900, 900
against SAL, 370,1 100 last year, and
the trading 100000 against
$50, 345, 97S last year, while miscel-
laneous liabilities were only 50, 7OO,-
900, against 1886, 072 last year.
Failures during the past week
have been 256 in the United States,
against 214 last year, and % in
Canada, against IS last year.