The evening bulletin. [volume] (Maysville, Ky.) 1887-1905, 1896-09-19
TRADE NOT IMPROVED
r. G. Dun & Company's Week.
ly Business Report.
CONFIDENCE Is SLOWLY RISING.

An Enormous Business Is Being Held Back
Until the Future Is More CIear-specu-
Iative Buying of Materials For Future
Use Continues-Imports of Gold DO Not
Cease Cotton Industry Improved.
New YORK, Sept. 19.-R. G.. Dun 81
Company weekly review of trade says:
There is still no distinct improvement
III business, although conditions favor
it, Confidence slowly rises. speculative
buying of materials for future use con.
tinues; imports of gold do not cease, and
the Bank of England has not tried to
check them by further advance in rates,
as the weight Of the demand now falls
upon France. But an enormous bust
ness is held back until the future is
more clear Names great majority
had no such influence, as many antici.
pated from a verdictless emphatic. To
many minds nothing an eastern state
can do i'll a contest represented as sec
tional gives sufficient assurance how the
western and southern states may de-
eide.
In cotton, hides, wool and pig iron,
buying opening speculative in character
marks the current business. Resump-
ton Of work by good part of the Fail
River cotton mills and advances i'll
some kinds of cotton goods, helped to
raise the price of middling upiands TO
rs cents, again though realizing sent
it down to 5 l-2 cents. The favoNte
speculative estimate, which was about
100000 bales in error a year ago,
alarmed many by naming 100000
bales as the minimum, and 100000 as
the maximum. a range wide enough i'll
itself to suggest doubt, and either guam
tity with stocks carried over is more
than the world has ever consumed.
Wheat has also risen / 5-S cents, al
though western receipts Of 6,62S, $50
bushels exceed last years, and in three
weeks have been 1866, SOS bushels,
against IL, 191, $50 last year. Helped by
purchases at present low prices, Allan.
tic exports were / 1921 $40 bushels. -four
included, and for three weeks 5,196, Sl4,
against 3, S31, 1919 last year.
Corn has scarcely advanced, as west
ern receipts are still as large as a year
ago, with exports smaller.
The one industry showing increase of
working force is the cotton mauufac-
ture, restriction of output having Sc
cured more healthy demand for some
goods. Most of the mills have started
or are about TO start, though the uncer-
tainty of the cotton market is embar-
RAISING. Prices of staple goods have adj
vanced 50 generally that the average Of
representative quotations is 81 per cent
higher than in the first week of August.
No such Improvement is seen III
Woolens. but the speculative buying of
wool, nearly all at Boston, has raised
sales to l1,1lj,3O0 pounds for the past
three weeks against II, 1873, 40 last year,
and "a, j12. 100 III 1892.
The majority Of large wool notes is
said to lie the cause OF selling and prices
do not rise, though quotations are more
nearly maintained.
There has been fair week in dress
goods and better demand for CloGkings,
but the heavy failure Of a Philadelphia
firm tends TO restrict operations.
The iron and steel manufacture is
still waiting for business with nearly
half its producing capacity idle, but
hopefulness and the speculative buying
of pig iron sustain prices. Sales said 70
amount to $4,000 tons have been made
of Alabama iron for shipment to Eng
land, but the home demand does not en-
large at all, and the various associations
still hold combination prices, though
the demand is remarkably slender.
The coke output is less than $4,000
tons weekly.
Failures for the week have been BIT
in the United States, against 2l5 last
year, and 80 i'll Canada, against 30 last
year,