Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1896-08-13
ouN'S CONNIE RciAL REVIEW.

>atd-n Chsnxe IN Monetary Conditions.
Produced Throughout the ccantry bv
the ~-ussttss.t Ca.tsp-~ Of speeasstsrs
- Chi~sEs ia.Port. Deer-.s~ aud ~
poe .. increase. EsssRE the Pressure of
oar obaSstieas Abre@a
NEw IokA. aug s-R- g. Dun &
c.. IN their weekly review OF trade
To- tay. say;
The sensational COLLAPSE Of speed
lators az Caic 20 wap controlled Dia-
mond Match aud New York Biscuit
stocks and had hoiStcsI them 10 fancy
figures with the consequent closing
of the Chicago stock exchange for a
periot set insir fnite. though followed
By remarkably few failures, brinxs !
sud Ten change IN IA notary con sisions
thrunx hout the country Al least
mouth earlier thaa h.ad been expected.
Ehicsgn has drawn heavily upeB its
hans balances here. aad withdrsvais
Of all other western funds may natur-
ally result Europe waS al.o moved
- sell American stOcks rather freely.
80 that the average of ss OF the most
active railway stocks trit sboat = Is
pr share. aat tae ar~rsgs of trust
stocks Abssut 81 -
IL = img-Srtant that th~ iEcrcaS- Of
n.erclaausiiss y. ~xF~srts s>1eop3 or = per
eeaI over last year fsr the N--A. and
tire decrease q imports. szs.gsa er :. :
per cent. still soatina~> Ia limit this
sum payable abroad
The situation a. 10 cotton - doabt-
less eriticsi for many pros4accrs ~
tremely hs and dry weather has done
serious ha IA. bat u must in4r~A b..
an exiraot dInary Sozditiea that re-
duees the 3 ield - per crnt IN August
Men Of mitch kaovlS2ze aa4 expert
eaee bat . few days axs juixesl q iv.d
Of Io.oo,0o bales. aud II th~y wsre
i,ooo.ooo bales too high. sfill these DC
now predict oaly s.oHeo bales are
likely to err in the opposite direefioa.
With large acreage II = always Saf~ u
remember that only part of ths
crop Is ever affected b. kaisfor-
tunes between August ami frost The
price r,rse almost beyonsl precedent. -.
on wedas ssiay aioae-
Labor ~ NOR disturbed than nsa4t
The great strike Of garEaent worSrrs
here has mucA cxte AIDED, the strike a.
Cleveland has hro<ea out axsia aud
involves several other brAnches Of
labor. thu iron furnace ms-a - the
Sheaango valley rssist a rrslactissa 70
the wages 81 Mas. l-gs. thsax xh Mahoa-
ing SAlicy workers do not ths iroa
WORKS thruug lout the csuutrv are
striving - cut down Gust in orsi~r u
keep in opsrztion. the iron miacs ~
the 0osysbic r4ngs are stopping. the
suspen ,ioa 81 sttou mills has hs.-3uae
more general and over four niiiisu
spindies ars sail - b. lille az FaIl
River alone and probably thrre-eigh hts
or more of the entire proin ing eipac-
i'y n the country; the rubber xorks
/ arr mostly s-oppsd aud no.Withstand-
Ing ehe lightweight opening. a num-
l'er Of wooien mills Evidently the
working force and also wages have
been reduced
The iron markets grow less dcmor.
allied in tome. because all the associs-
tioas decided To maintain prices for
this month. bet the markets are not
stronger IN volume Of orders or pur-
chlscs. Pressure to sell. even at coa-
cessions is the prevailing rule, and
prices are almost nominal
Failures for the week have been go
in the United States. against se5 last
year, and y in Canada. against ~ last
year.