Pine Bluff daily graphic., 1895-08-12
DUN'S REVIEW.
Business Improving and Fair Prospects oi
 a Good Grop.-Cotton Advancing.

| TOT midsummer, and though there Is | perceptible relaxation there are no signs of reaction. The one change of great importance which the past
 week has brought is eminent helpful the amicable settlement between coal miners and employersin Western Pennsylvania. Ohio and Indiana. It
 is said that about 100000 men will
 have their wages increased after October lst by this adjustment, and
 while the enlargement of purchasing | power is of consequence, it seems even more important that chronic cause
 of controversy has been removed by the new agreement as to company stores. There is no important change in crop prospects, and at this
 time no news stntinentlN good news The corn crop is rapidly approaching
 maturity without harm; the pros
 pect as to cotton, if not quite as sat- isfactory as it was month ago, has
 not materially altered for the worse;
 and the latter news about wheat is fairly favorable. Taken altogether the crops of the year promise so much
 better than was expected a month
 ago, that the effect is highly encour-
 aging, although the other crop ex- cept corn will be full.
 Speculation has been more success ful in cotton than in ally other product during the past week, and has lifted the price an eighth, al though it cannot be said that the prospect as to yield has definitely changed. Some injury has evidently been sustained from excessive rains, and the government report com mands a little more attention.
 Wheat has declined fraction with
 very scanty transactions, the ex- tremely small Western receipts in fiuencing the market for the present
 more than the restricted exports. The concerted withholding of wheat by Western farmers, if continued,
 would doubtless effect the price in the end, but it has already stopped. At
 lanta exports almost entirely,
 the amount, flour included, hay-
 ing been only 753, ,33C bushels
 for the. past week against, 2,9S6, ,435 bushels for the same
 week last year, and when foreign
 markets have supplied their needs from other quarters the Western far mers may find reason to regret that
 they did not ship their wheat at the ordinary time. Corn tends to lower prices with more encouraging pros poets, and the expectation of heavy corn crop affects prices of provisions,
 as might be expected.
 The industries continue to make progress, and higher prices for iron
 and steel products prove that the supply has not yet 0utrnn the de-
 mand. Bessemer iron is shade
 weaker, but Grey Forge has ad
 vanced about SO cents, and finished
 products are remark ably firm, with IllIlIItI ttNtN dtllCC III SbCGi Oo
 1.6 and in angles to l .5c. and in bar
 iron to 1.3c. The Carnegie works at Homestead broke the record by turn , ing out in July 43,000 tons of steel, of , which IT, ,150 were of beams. The contract for the Standard Oil build
 ing has been placed, calling for 4,000 : tonsv and at the West there are large orders given for new freight ears, the Chicago & Northwestern alone ordering 1,500. There is as yet no
 great demand for rails, and it seems the market will lack support for some months to come. Lake copper has advanced 12c., which has checked
 transactions, though some sales at
 second hand are reported at Il.S7e.
 Tin has also declned about a quar- ter of a cent, and is quoted APO, though IA l5c. is said to have been ac- cepted in one transaction. Lead is a trifie stronger at 3.55c. The anthra-
 cite coal market is completely demor-
 alized, and prices have again yielded 7 a little to about the lowest ever , known.
 ; Sales of wool are not as much in- } fiated by speculation as they were during the first half of July but they still considerably exceed the actual ) consumption in the manufacture, r amounting at the three chief markets to 6,259, 300 lbs. against 9,271,700 lbs. r for the corresponding week in 1892 7 Prices are very firm, and holders t who bought enormous quantities a : month ago in expectation of a rise, P appear to be looking for a further 7 advance. But wooden goods show signs of weakening, and there is f mnch complaint of foreign competi- : ton and underyalnations, especially |