The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1895-09-11
Bradstreet'S Review.
New YORK. Sept 6-Bradstreet's

New YORK. Sept 6-Bradstreet's
says:
Favorable crop report from all d.
rections and a continuance OF the
boom in steel and iron continue to
characterize the general situation
Latest advices as tc the corn crop
have replaced anxiety with conf
dence in the larger estimates OF the
size of that crop aud satisfactio"
with the outlook for trade for this
autumn Harvesting aud thresll'ns
are interfering little with business
in the spring wheat county yet
Duluth, Minneapolis and st. Paul
jobbers in general lines are pushing
for eew business. In South Dakota
and Washington farmers show no
disposition to sell their grain. Ca.l-
tornia reports perfect weather for
harvesting.
The orst crop outlook is found N
Texas, where worms have seriously
damaged cotton in some sectlo"s.
The growth of bulIish speculative
feeling engendered by expansion in
trade and industry was partially
checked toward the close of the week
by continued gold exports, London's
bearishness, and the low prices for
the agricultural products OF the coun-
try.
Public interest III the New York
stock market has beeu increasing.
Reports indicating settlement OF
the anthracite troubles have made
the coal stocks speculative feature
Foreign exchange is very dull but
firm at 4 90 for demand The gold
shipments for the week through out
side channels were 81. 100000.
Advances in prices this week,
aside from Bessemer pig iron, steel
billets, bar iron and wire nails, III
cluded gains in quotations for cotton,
print cloths, hemlock sole. some
cheaper paper, sugar and lead, while
wheat, corn, oats, pork, coffee, cattle,
hogs, wool, leaf tobacco and hops are
lower.
Bank clearlngs at ffty-nine cities
for August aggregate 81 lo7 ,s2l,-
5s7, falling Of, as was to be ex-
pected. of 9 per cent from July.
but an increase of l6 per cent. over
Angus, of last year aud % per cent.
over August in the panic year, 1893,
and decrease of only per cent.
from August, 1892. Every section of
coutry shows a gain in August over
last year, except the NoIthwesterE,
which is beginning to report trade
expansion Gains are heaviest and
most numerous in the Eastern aud
Middle States, aud the South is be-
ginning to experience the effects of
higher cotton prices IN enlarged
bank ciearings.
Wheat stocks available east of the
Rockies, here and in Canada TELL
away sharply during August, and for
two months the decrease is s,92;,-
600 against increases in August and
July in four preceding years The
worlds wheat stock for August in
creased $1,000 bushels In August,
1894. they gained 9.26s, 600 bushels
and in 1892 12,4S6,000 bushels
Domestic available wheat stocks are
almost as hight as on September /,
1892, and many smaller than two
years ago
Actual gains in volume of general
trade this week are accorded at
Seattle and Tacoma. on the Pacific
coast, St. Louis and Kansas City in
the West, Duluth and St Paul in the
Northwest and at Chattanooga,
Augusta, Atlanta and Memphis at the
South
Competition between rival coal
companies still prevents advances Of
prices of both bi.uminous and an
t!iracIte
The outlook for woolen mil pro-
ducts is not quite as bright as is that
for cotton mills, which are sold well
ahead