The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1895-06-28
WEEKLY REVIEW.
The Bu.ines. ofthe week a. Reported h,
uun's Review.


Dun'. Review.
lie who sees setback In business at
thi. time must be- gazing through a
telescope pointed 10y mistake At some
other country. From al parts Of the
United State.. the hes, advices obtain
able tell OF a rising tide Of trade and in.
du-iry, which threatens here and there
90 mount too far aud too fast. The vol
Time oi all bushes. IL by no means equal
to that Of 1872 a. vet. though In some
important branches larger than in that
or any other YEAR Daily payments
through clearing houses in Jun, are
26.9 per cent larger than last wear,
though SO per cent smaller than IN 1892,
the last year Of full business at this
season. 4 rise Of more than quarter
To- q single year il the more significant
because, in spite Of recent advances, the
prices Of commodities ~ whole average
fraction OF per cent lower than a
year ago. Two Influences Of tremcndous
power contribute 20 the rise. encourag.
iug crop news and confident rcplcnish'
ing Of stocks which have been for two
YEAR, depleted To the utmost. When
business payments have 20 long been
5000 millions yearly less than before,
.t D.. not strange that the increase should
Doe at the rate OF ll 900 millions aycm
when faith iu the future inspires general
rep.eni.hment Of stocks.
sale. Of wool no the chief markets,
&il35oO pounds domestic aud 3,sl4,4OO
foreign, are larger than loo any previous
year ilg tuc same vcck. and 100 three
weeks OF june have been ig,5lG.Oo5
pounds. oi which lO,53l 100 were foreign,
against l6pj3.6oo m lsp2, Of watch
,.7Gi,SUo were foreign. Holding oi
stocks Bog grower. Tor higher prices hnr
cau.ci 600 advance iu the average oi iOi
quiUlic. %, domestic Nool quoted 10y
Coates Bros. from 1900 cents June Go
1877 ccu,.. but Australian b. bought on
large scale at 80 Co D, cents ior combug
and 80 20 80 cents for clothing, both
secured and want of domestic supplies
D. evidently causing heavy purchases Of
foreign wool in advance OF needs. Orders
Cor mems wODicu- are little better
and the Washington mills have opened
their Clay vor.ted- at an advance Of
about 81. per cent, though some lower
grade.arc reduced in price. Advances
continue IN cotton goods, and are su,-
tanned by unusual demand aud scarcity
90 atime when the mills are generally
anxious 20 clear OIL old stocks. Ship
ment- OF boots aud shoes Tor the week
have been the largest ever known In
amy week, lol.i25 eases, according to
the Shoe and Leather Reporter, aud ior
three weeks Of June have been Il per
cent larger than in any previous year,
Many shops are stopping, though most
have orders to August or September.
Failures for the second week oi Jun,
show liabilities Of only &2,O92 .3s2. o
which $7O2.3t7 were manufacturing an,
~ ,S2D ,525 were trading, against s20i7,
j35 In all Tor the same week last year, o
which s6ss, l37 were manufacturing an,
2.22O, 700 were trading. Additions 70
the fret week Of June raise the aggregat,
for two weeks, including the Cordae,
concern, TO tll,32l, Sal, Of which $40.
5l7,325 were manufacturing and 1854,
ll6 were trading. Failures for the weel
have been 22s In the United State
against PA last Year, aud 81 In Canad
, against % last wear.