The evening bulletin. [volume] (Maysville, Ky.) 1887-1905, 1896-09-26
BUSINESS IMPROVED.
Better Than 1t Was Reported
One Week Ago.
MODERATE BUT STILL DISTINCT.

Prices Have StifIened and Orders For
Products of Some Industries Have In.
rreased-Infiow of Gold Has Placed Con.
tdence in the Money Market "A Small
Gain in Working Force.
NEW YORK, Sept. 26.-R. G.. Dun &
Company's weekly review of trade
says: A very moderate and yet dis.
tinct improvement is seen, no longer
only in the buying of materials, which
continues and stiffens prices, but also
in orders for products of some indus
tries, i'll money markets, and in exports
of staples. 1t is as yet little more thar
a step toward better things, but has al
ready started some important works
and prompted a few considerable con
tracts.
Continuing arrivals of gold have
raised the treasury reserve above $l25,
900, strengthened the banks and re
Taxed the stringency i'll commercial
loans, SO that at about per cent lower
rates more business was done thar
in three previous weeks. boarding il
no longer reported, but some boards are
being unlocked. The movement of crop.
continues large, and purchases for ex
port have advanced prices or prevented
depression. While the gain in working
force is not great, it seems clear that
for the first time in many months there
is some net gain.
An important change is the genera.
advance i'll produce markets, especially
i'll wheat, which rose sharply on Thurs
day and Friday, closing is higher fol
the week, with much buying, apparent
ly on foreign account. Reports of crops
abroad was supposed to be the chic,
cause, as visible supplies i'll this country
increased largely, but for the first time
since July /, western receipts fell below
those of the same week last year. They
are still large, and for the first quarter
of the crop year thus far have been 52,-
72l l5S bushels, against 40,414, 1851 last
year, gain Of about 30 per cent, and il
is conceivable, but can not be considered
quite probable, that such receipts have
come from a crop smaller than last
years. although prices averaged 10 L.
cents lower in July and 6.8 cents lower
i'll August than last year and only fall
below last years i'll September, because
of the sharp decline then and as much
advanced now. Atlantic exports, fiom
included, were for the week a little
more than a year ago, for September
1000, 900 bushels more and u ,S07 800
bushels since July |, against IA, 1873, 30S
last year. If there should come an un.
usual foreign demand it would make
great difference with future business.
Cotton advanced an eighth week
ago, but lost three-sixteenths and with
full receipts might have gone farther
but for the resumption of work by sew.
eral important mills.
Specializing buying Of wool does moi
abate, sales for four weeks having beer
"a, S44 400 pounds against %, 75S, 970 last
year and 81 ,02l 900 III 1892, but no gain
in prices results. The sales are largely
for cash, and by holders who have ma.
turing notes TO meet, though some have
been for export in spite of a decline OF
per cent in the London opening. 4
few of the wooden mills are resuming,
the belated demand for heavy goods
constituting most of the gain visible,
but manufacturers show confidence that
more goods will be wanted when the
futuae is more clear.
Finished products of iron meet more
inquiry, and the placing of contracts
battleships, for one large building here
and for several bridges explain the
starting of two or three works, but with
such months as have passed little bus
mess is again. A sharp fall of 81 per ton
in low phosphorus pig and slight rise
in grey forge ut Pittsburg and in steel
plates are the only changes noted III
prices, but billets are still sold by out
siders at $3.50, bar steel ut LOO ami
furnace coke below 50, with an output
of only 60, III tons weekly at Councils
vile, though all the combinations main-
tain their prices. Exports Of 5000 tons
of rails this year at prices far below those
current here, and $4,000 tons pig IL
at IS. SO at Manchester, freight
being at least 49, Is, indicate unloading
q surplus abroad to avoid weakening
here. The plates are slightly
lowered by home competition to 81. 100
against $500 for foreign, and tin is a
shade weaker at IL cents, copper at
10. 70 and lead at $50.
Failures for the week have been 3l5
in the United States, against 236 last
year, and 80 in Canada, against 90 last
year.
INTE IRRATIONAL ARBITRATION