Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1895-09-27
TRADE REVIEW.
Situation Considered by Leading
Commercial Agencies.
Excess of Imports Over Exports Sends
the Gold Out-volume of
Domestic Trade.

New YORK, Sept. 2l.-.-R. q. Dun &
Co. IS weekly review of trade SAYS:
movements OF exchange and OF gold have
somewhat affected all markets this week. Ex-
change has fallen, though not because COM
mercial bills have greatly increased and ex-
ports OF specie, though diminished, will reach
about g., 100000. 1t is confidently believed
that the international syndicate will allow no
financial disorder and many are certain that
an issue Of bonds will come but the root of
dtfnculty is not removable by bankers. name
ly, that merchandise exports disappoints the
government and the syndicate, failing to meet
the cost of merchandise imported, and leaving
heavy balance to be paid abroad. August
imports exceeded exports by s85. 2s!,729. and
net exports OF gold wore sl5.lb9,78a A small
cotton crop. with large stocks held abroad, o
slender demand for Atlantic wheat. with Rus
sian arriving in London In large quantities,
and merchandise exports and imports at New
York 80 per cent larger than last year In
September thus far, scarcely promise speedy
change Tho volume OF domestic trade. meas
ured by exchanges. % per cent greater than
last year, but 90 per cent. less than in 1892, is
not quite Us near the record OF full prosperity
for September us for August or July
Wheat Advanced Two Points.
I'm spite of gold exports wheat advanced
for some days, in all nearly two cents. Corn
rose and foil In mpathy with wheat with as
little reason Western wheas receipts for
three weeks OF September have been l67pl 66J
bushels. against I6,49l,6.9 bushels last year,
while Atlantic exports, flour included, have
been S,eil 6Sa bushels, against 7,62i.9S5 bushels
last year.
Tho Iron Industry.
The surprising increase in production and
advance In prices of iron seem to be bringing
natural check, as prices have conc SO high
Us to cause some purchases from Europe, both
ofpig and hntshel pro ducts. and have also
n hrip In
Cotton Goods on the Advance.
1.-THE cotton mills which laid In stocks of
cotton below six cents are enriched by the I'D.
vance in material, and enabled to mako fire.
Quent advances in goods, which are sustained.
The present demand is dull. but there are no
reports of stoppage, and the threatened strike
ut Fall River doss not come The wooden
manufacture is doing we'll in dress goods and
hosiery, but the demand for mems woolens is
much restricted, and few mills have closed
Tho Failure Record.
Commercial failures for two. weeks OF the
month were s4.l5i25 this year, against g. S67 :
764 last year aud u, 25o.Sl3 for the same weeks
in 1893 This year Sl,725,8l were OF manufac-
turing concerns, against $685., III last year and
eo3 ,6SS Of trading concerns, against 100 O4s
last year The failures this week have been
BIB In the United States, agains 2l0 last year,
and 81 In Canada, against 4S last year."
Bradstrcet's View.
Bradstreet's says
General trade throughout the United States
shows further improvement In the second
week OF September, more particularly in man
ufactur!ng and commercial lines ut the east
and south. From the central western and
some western states, notably Iowa, there are
advices that purchases of seasonablc goods
have been checked this week because of high
temperature throughout the region specified,
but in the South Atlantic, gulf and south
VUn fnrna foto md m I'm hate
eral trade has been increasing In volume, with
improving mercantile collections as rule, and
goods selling with less effort in many In
stances
I'm support OF favorable influencing con-
ditions are this weeks heavily increased total
OF bank clcarings, the largest weeks aggre.
gate of wheat exports within three months,
the heaviest woeks shipments OF Indian corn
In seventeen months, the maintenance OF full
proportions Of the extraordinarily heavy de-
mand for iron and steel, and the significant
hardening OF leading money markets, accom-
discounts ~
Prices Looking Up.
Price tendencies this weok are more favor
nble from the point OF view of the holder, adj
vances having been recorded in wheat, corn
and oats, after prolonged reaction, wheat
-four, raw and refined sugar, Coffee brown and
bleached cotton goods and print cloths. in sole
leather and turpentine. Quotations have held
steady through the week for cotton, wool.
lumber, hogs and lard, while decreases among
prices for leading staples are noted for cattle
sheep, pork and rosin.
Trade at Different Points.
Among special trade features Of the week
are the increased demand for finished forms
Of iron and Steel following the check In the
demand for credit; increased activity among
manufacturers of clothing and cheaper grades
OF jewelry, and IN enlarged demand for dry
goods hardware. clothing and shoes at the
west, particularly Chicago and St Louis Ad-
vices from Des Moines nre that trade is dIsap-
pointingly dull collections poor, money tight
and that farmers are holding their crops, but
from Omaha reports are much more favorable
Savanna, Jacksonville and Birmingham, a.
the south, report visible Improvement in gem
eral trade as expected, Atlanta and Chntta-
nooga locally On the Pucltc coast palouse
wheat has boon hurt by tho rain. but the hops
not as much as expected Flour is going to
the Orient BY the cargo. Us Is general mer-
caandize to Central America