The Monticellonian., 1895-06-21
oUN's COMMERCIAL REVIEW.

Generally-Fallures.
 NEW YORK, June 15.-R. G. Dun &5 Go. E weekly review of trade, issued to- day, says:
 It is no longer question whether business improves. Not for long time have our reports from all parts of the country been so uniformly favora- ble. The daily average of bank clear | ings in June Is 9fs per cent larger | than last year, though 11.4 per cent. i less than in 1so2 The most potent influence has been the receipt of more l favorable advices regarding growing crops Even official statements helped because altogether less gloomy than previous rumors. La bor troubles are getting out of the way, wages in many establishments are rising. and with the iron industry just now leading, there is general im- provement in manufactures. None tary conditions also help. The time draws near when, with good crops, ex- ports will bring gold hither, and though foreign operations in stocks and bonds have been insignificant this week. the effect of previous transac- tions has not been exhausted. Much diminished receipts of money from the interior indicate better employment in business, especially at the vest and the volume of commercial loans stead fly rises, and is now fair for this sea son even In q good year.
 The government crop reports were so much less dismal than was ex- | ,;-l d for time a host Of calamitous ru- mors. The decidedly cheering out look for spring wheat, which our own and other private adviees confirm, goes far to balance reports of loss in win. ter wheat regions, and even this, in the light of the demonstrated deficiency of the official returns of acreage were found far more encouraging than pre- vious accounts.
 Western receipts for two weeks of June were 3, 3,1l6,6s0 bushels of wheat, against 3,0o1. 292 last year, while Att lantic exports four included, were only 2,364847 bushels, against 4,G30, 227 last year.
 The official statement of 14s per cent. decrease in acreage was quickly LOdItNs III ICN bL LilG rev lSGtl 7 EDAIIIl- ment estimates for last year, to mean that more than 90,000, ,00O acres now growing cotton, which much exceeds the best unofficial estimates. and from an area no greater over 9,000, GOO bales were produced in 1891, so that the re- port gave no aid to prophets of evil. 1 That some reduction would be well for the south is clear. but the heavy pres ent surplus will cover a larger loss than seems probable. The price has not changed, bat transactions have be- come Insignificant, though weather conditions are closely watched.
 Manufacturers abroad. according to Ellison, have stocks 2s9,000 bales greater than year ago, and conner cial stocks of American in sight are still 3, 20o 30s bales
 Cotton mills are doing well for the l season, and numerous advances of an i eighth to a quarter in brown sheet 1 ings. drills, hleached muslins, ging- hams and ticks are still reported
 The wool mauu lecturers look for i speedy settlement of the labor trou- 1 bles and find moderate demand for low and medium heavyweight goods, while some of the cheaper lines of 1 spring goods have been opened with l lourisling results, but as to better I grades there is still great uncertainty i about prices.
 Wool sales for two weeks of June have been l2,sGl 9G5 pounds, against II, 520, 550 in 1s92; of which 6,79I,800 were foreign this year, against 5,556,- 310 in 1892
 In shoe manufacture the season for temporary suspension is near, but shipments from the east for June thus far have been n per cent. larger than in any previous year.
 The output of pig iron June 1 was but a trine larger than May l, 157, ,224 tons, against 156, 554 year ago, and 174,024 two years ago. The advance in prices continues, Bessemer pig reaching SIP. 10 and gray forge slO.65 at Pittsburgh, and changes in all iron products show an advance of 3.7 per cent. this month, and 133 per cent. from the lowest point in February.
 The anthracite coal trade does not maintain the Improvement recently re- ported and with palpabe overpreduc- tion, bad faith being charged again, the price has declined Q cents.
 Railroad stocks have gradually ad- vanced about 93 cents per share during the week, and earnings fer the first week of June show an increase of s.7 per cent. over last year, while full re- turns for May gained 7.3 per cent, though 13.3 per cent less than in 1893,
 Failures for the week ending June are swelled by the Cordage statement to Sl0, sol, 49s, of which S9,622, 46s were of manufacturing and $1, ,l29, ,03O of trading concerns. Exclusive of Cord age, other failures showed 1,641, ,498 liabilities, of which S462, 46S were of manufacturing concerns. Last year the aggregate for the week was g., 5o7 2as of which S47G, 1ls was of manufacturing and Sl, s7e,e6l of trad ing concerns.
 The completed statements for May show an aggregate of So, 560, 26l' against S9 7s7, 921 last year.
 Failures for the past week have been 241 in the United States, against 232 last year, and 24 in Canada, against 40 last years.
 A PAIR OF ROBBERS