The record-union., 1895-09-21

NEW YORK. Sept 2O.-R. G. Dun &
Co., in their weekly review of trade to-
morrow, will say:
Movements of exchange and of gold
have somewhat affected all markets this
week. Exchange has fallen, though not
because commercial bills have greatly in
creased, and exports Of specie, though
diminished, will reach about 81, 4O0, 900.
Ii is confidently believed that the inter
national sy Indicate Will allow no financial
disorder, and many are certain that an
issue OF bonds will come.
But the root oil difficulty is not remov-
able by bankers, namely, that merchan-
disc exports disappoint the Government
and the syndicate, falling TO meet the cost
OF merchandise imported and leaving a
heavy balance TO be paid abroad. August
imports exceeded exports by Sl5, ZS2, 729.
and net exports of gold were Sl5, l59, 7S2.
a small cotton crop, with large stocks
held abroad, a slender demand for At
lantic wheat. with Russian arriving in
London IN large quantities, and mer-
chandise exports and imports at New
lork 30 per cent. larger than last year III
September thus tar, scarcely promise
speedy change. The volume OF domestic
trade, measured by exchanges, is 20 per
cent. greater than last year, but 9.06 per
cent. less than in 1892, but is not quite as
near the record OF full prosperity for
September as for August or July.
In spite of gold exports, wheat ad-
vanced TOR some days, in all nearly two
cents. Corn rose and fell in sympathy
with wheat. with as little reason, West
ern wheat receipts for three weeks of
September have been 1891. 500 bushels,
against Is, 49l, 629 last year, while Atlantic
exports. flour included, have been 3,94l,-
694 bushels, against 1921 1886 last year
Good reports Of foreign crops. weakness
of flour in Minnesota and large exports
of corn from this country, ali work
against a rise in wheat, though scarcity
OF contract grades may help q speculative
advance.
The cotton market, lifting and falling a
fraction each day, alternately, shows no
settled tendency, big stocks balancing an
undoubted but as yet 10 definite decrease
in yield.
The surprising increase in produce and
advance in the price of iron seems to be
bringing a natural check, as prices have
gone SO high as to cause some purchases
from Europe, both Of pig and finished
products. and have also caused a distinct
shrlnkage in the home demand.
The cotton mills which laid in stocks
OF cotton below six cents are enriched by
the advance in material, and enabled to
make frequent advances in goods which
are sustained. The present demand is
dull, out there are 10 reports OF stoppage,
ana the threatened strike at Fall River
does not come.
The woolen manufacture is doing well
in dress goods and hosiery, but the de-
manG for mems woolens is much re-
stricted, and a few mills have closed.
Foreign prices for clay worsteds have adj
vanced, and monair goods also, the price
OF the material having risen I65 per cent.
AZ Bradford in a few months. Sales of
wool are smaller than last year, and for
ar1y
OF which 1,1IS,1 $50 were foreign, against
24,21Z, 100 pounds in 1892, of which 1914, =
900 were foreign. Prices of foreign wool
are so low that few purchases for export
have been made.
Commercial failures for two weeks Of
the month were S4,I45.227 this year
against s., S67, ,76t last year, and IS, 200, 81 3
Tor the same weeks in 1888 This year
Sl,123,Sl4 were Of manufacturing con-
Germs, against $l,706.04S last year. The
failures this week have been 2l3 in the
United States. against 2l0 last year, and
thlrty-two IN Canada, against forty eight
last year.
GENERAL TRADE IMPROVING.
New York. Sept 20.-Bradstreets to-
morrow will say: General trade through
out the United States shows further i'm
provement in this, the second week of
September more particularly in manu-
featuring and commercial lines in the
Last and at the South. From the Central
Eastern and some Western States, notably
Iowa, there are advices that purchases of
seasonable goods have been checked this
week because of high temperature
throughout the region specified. but in
the south Atlantic, gulf and Western
States and on the Pacific Coast gener al
trade has been increasing in volume,
with improving collections, and goods
selling with less effort IN many instances.
Wheat exports, both coasts, United
States and Canada, aggregate 2,53S 900
bushels this week, flour included, a gain
OF one-tbird over last wsek, but IN con-
trast with j. .537 900 bushels one year ago,
4,727, 900 bushels two years ago, and
3,7S7, 900 bushels in the like week in 1892
New York, Montreal and the Pacific
Coast shipped more freely. The total ex-
ports of Indian corn aggregate ,605, 900
bushels this week, twice what was sent
out last week, much larger quantity
than on like weeks in preceding years,
and the heaviest weeks total since April,
1S9f.