Owingsville outlook. [volume] (Owingsville, Ky.) 1879-192?, 1896-10-22
DUN'S REVIEW,
silver states ruyinc G.ld nj n Small Prr-
MUM NV York Exports for October
Largely IncrrHs d over 'ptembrr.

silver states Huyinc Aid nj n Small Free
MUM Nv York Exports for October
Largely IncrrHs d Over s'ptembrr.
NEw YORK, Oct. l7-R. q. Dun & Co.
SAYS Saturday;
Gold commands a small premium
The most power. nj force in business at
present is a cons 'rvat.vc timiditv aud
the foreign bankers who have been o.
fcring for small percentage Ia insure
people against a premium un gold until
December have made an easy and sure
profit out of prevalent approximations
From Kansas, Nebraska and other
states where the silver agitation i said
II To strong. come orders hy many
bankers an business men to get them
gold at a small premium. and there has
also been some demand for boarding
from individuals in other states who
are afraid even of their own best judg-
mrut.
Oac commercial change. which more
than any Other. insurrs better business
in the near future, is the excess of
merchandise exports over imports
In two weeks of October the exports
from New York have increased b O
per cent, against 3D. in September.
while import, have decreased - per
sent. against So in September. Com
tinued shipm ,nts of gold from Europe,
not including 81, Ol0. 900 from Australia,
now amount to So, 81. OBJ since tn,
movement began, of which So, 25). O0J
has already arrived and have not been
arrested 10y measures taken by the
great European banks
The heavy movement of grain is the
cornerstone After an increase ~ -. =
I2S.6s5 GA exports of bread stufT> in
September there have been shipped
the past week from Atlantic ports alone
2,l3L74I hUsIclS flour included. and I, :
20I,6I5 ia two weeks of October.
against @,5lA."5l bushels last year \
more important fact i that all avail
able grain frrights have been engaged
for months ahead here and ON the Pa
,ific colst The minister of ayr
culture in Indiana stated in conn
Gil on Thursday that distress was cX-
pectcd in large part of India as the
result 81 the drough;s. 4 high official
of Russia, in this country now. con-
firms accounts az shortness in the Rus
sian yield. ThuS estimates that Europe
will fall loo. oJ0. 900 bushels short Of
last year in supply of wheat are
strongly supported, and while depart
ment estimates of vie d in this country
are not credited, there H. every reason
to expect a remarkable foreign de-
mand. Wheat has advanced a cents
for the ,~".I
ir.: .t ar- makers got very mar
.ov o-a.. 90 "a prices, or at an adj
"a less .Hn.. one per cent.
Hilicultics threaten the iron manu-
'ture, for pig is higher. Bcsscmcr at
20 and gray forge at 81. - at Pitts
ourgh, while plates, angles and beams
are weaker. and various combina-
tons hold prices only by long
outside competitors to take the
market as far aS they can. Steel bars
are largely sold at lc, while e is de-
mandcd for iron; all the nails that out
siders can produce are sold n less than
the association asks, billets are still
selling for less than pool price and its
shipments in September aggregated
only $4,000 tons, mainly on sheet and
tin plate bars, and the demand :or rails
is growing small.
Wool is stronger. with continued
speculative buying. and sales ut east
ern markets have been IA $50. 800
pounds for two weeks, against 81 200. =
200 las; year and II, 7J2, 500 in ls92. but
consigned wool has been mostly with
drawn until after the election. No
gain is at present possible in
goods, and. though the number of
mills starting for the week is II
against stopping, much OF the work
done is in anticipation of a better de-
mand than now exists. The cotton
manufacture has also started more
spindles. but the demand for goods
scarcely increases and print cloths
sell at 2-5 per cent. Failures for the
week have been SOS in the United
States, against 2G3 last year, and 40 in
Canada, against 80 last year.