The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1895-02-08
fRApK REVIEW.
Duu's weekly Report Gives Some Interests
Ing Facts.


New YoRK, Feb. 9.-R. @. Dnn's
weekly review of trade says:
Things look better near the close of the
week, tEceuse 10 is believed that a new loan
will be negotiated. There vas need for relief,
since January closed with the hea~test
gold exports ever made in any month and tho
heatieSt Withdrawals OF gold from the treas
ury. si3, 469, 105, the hope 6f a pew loan being
the one thing which has lifted prices duFirg sbe
past few days. January leaves behind it the
lowest average of prices for oil commodi ties
ever known; for cottoh, iron and Its products,
HOol and silver, the lowest monthly average
ever known, and for wheat range above the
t1inirumi but get declining rapidly toward
that point IndusIridl operations have not
materially diminished, though it has been
disappointing month because the revival ex-
Feeted has not come. The continuing drift of
money to New York shows scsnty commercial
demand In the interior and no improvement
appears here In commercial loans. In short,
businBss Is still waiting and finds reason for
hesitation In the conditio3 Ct the treasury.
Speculation has not favOred producers.
Wheat was II cent lower. but western receipts
were only 226 0I2 bushels against I.57p 2i7 last
year, and with exports larger than last year
k4ight have helped prices had not the visible
stocks been SO large. Corn is : cents lower
with receipts about half aud exports not ons+
eighth of last years. Cotton declined six=
teenth and is close to the lowest point ever
VI
January. The movement continues large and
the maximum crop estimates are encouraging,
but there is not little hope that decrease Of
acreage may help the planters. Neither here
nor abroad does the manufacture promise near
ly the maximum output OF consumption.
Silver has been weak and for the month has
made slightly the lowest average ever known,
the output in 1894 being rcckoned by Wells,
Fargo & Co. at S2S,72I OH, or 4o,5SS,9tt odnces.
The decrease was II per cent, while the in
crease in gold was s. per cent.
Iron and steel look less encouraging at the
east and the demand is disappointing, although
prices are not weaker. At Pittsburgh and the
west larger demand appears, particularly for
wire and wire nails, which do not change in
price as yet while BeSsemer iron IS % cents
higher, billets little stronger and gray forge
I5 cents lower. The structural demand Is good
Textile manufacturers cannot score improve
ment for the week, for though print cloths
have advanced shade, the demand for other
cotton goods is only moderate and prices are
unusually irregular The opening of mems
woolenS has continued with even more gen.
eral declaration Of belief by the domestic
manufacturers that they can sustain them
selves in medium grades and in worStedS, but
in the finer grades much hesitation appears and
in the lower grades, the extremely low prices
made by foreign dealers seem to threaten the
manufacturer. Wool is so low that large sales
for possible futures continue and the total at
the chief markets for four weeks has been 23,-
I57055 pounds, against 25, T27, $50 two years ago.
Failures for the past week have been 354 in
the United States, against 370 last year, and 81
IN Canada against - last year.