The evening bulletin. [volume] (Maysville, Ky.) 1887-1905, 1896-08-29
GOLD IS COMING OYER
Swift Steamers Bringing Us the
Precious Metal.
ABOUT Ten MILLION ON THE WAY.

Higher Lending Rates and a Growing Con-
fidence in the Monetary Future Of the
Country Is the Cause of the Inflow.
stoprage of Works Until After the
Election,
NEW YORK, Aug. Or. G. Dun &
Y Company's weekly review of trade says:
clearinghouse certificates have not been
issued, but instead gold is coming hith-
er largely on the swiftest steamers,
about $40, 0O0,o 900 being already on the
way. Higher lending rates bring it,
notwithstanding foreign events which
disturb london markets and growing
confidence i'm the monetary future of
the country helps.
Liabilities in failures for three weeks
ending Aug. 20, were $50, 1882, 1856,
against $6,519, 1865 last year, and $S,214,.
470 in 1894; manufacturing were SILL
199,938, against $50, 517, 377 last year, and
= 81, 343, 1888 in 1894; trading were "a, 904.-
1862, against 81, 852, $3.50 last year, and
$3,SS4,4l4 in 1894, while brokers and
other commercial concerns added ST.
S27, 1856, against $4,000 last year and
$1,S84,71S in 1894. The stoppage of
Hilton, Hughes q Company this week,
is of course not included in these
figures.
The stoppage of works also continues,
including among other iron concerns
the Illinois steel plant at Hammond,
Ind, and the Lake Side nail works
there. Disruption in the tinplate asso-
citation results from inability of many
concerns to go on paying wages de-
manded, and will presumably be fol-
lowed by the stoppage of some other
iron works which are getting very light
new business, many contracts having
been deferred "until after the election"
and there is so little doing that quota
tions are almost nominal.
Grey forge has sold for 1926 at Pitts
burg, but it is said that speculative
purchases amounting to 10000 tons of
pig have relieved the Chicago market.
Coke production at Connellsville de-
creased 10000 tons last week, further
decrease being expected.
Anthracite has again been advanced
20 cents since Sept. /.
Minor metals are dull, tin 1885 cents
for spot. copper said to be sold at 1915
cents, though 1926 is the lowest open
quotation, and lead only 2.65 cents with
small dealings.
Leather is shade weaker and hides
again lose about cents for the week
Sales of wool, including some for
speculation and some for export, have
been, in four weeks, only 1856, 300
pounds, against 23,200, 400 last year,
and 30, 135, 800 in 1892 Actual quota
tons are hard to get, but sales TO realize
are at bargain prices and exports of do
mestic and to shipments of foreign are
in considerable quantities. No gain is
seen in the demand for wooden goods.
Cotton shows stronger tone and in a
few qualities slightly better prices, but
the change has been i'll selling from store
without disposition to order ahead of
current wants.
Speculation in products caused an adj
vance of 1852 cents in wheat but by
Thursday it had been lost only to rise
again, and close at nearly the top.
Heavy western receipts continue, low as
prices are, amounting for four weeks to
14,S96,0 bushels, against 10, 60, 26S
last year, but begin to be balanced by
gain in exports which have been for the
week 2,074,516 bushels, flour included,
against 1878, 1896 last year, and for four
weeks 6,967,176, against 4,268,5S9 last
year.
Corn declined on Thursday to 1925
cents here and 20.37 at Chicago, which
is close to the lowest ever known. Crop
advices continue most favorable. but
western receipts indicate less DISPOSE
ton to sell at current figures.
Cotton has reacted sharply from its
advance to 500 and s is now quoted
with little demand.
Failures for the week have been 2SS
in the United States, against 1856 last
year, and 33 in Canada, against AZ last
wear