The evening bulletin. [volume] (Maysville, Ky.) 1887-1905, 1896-05-30
BUSINESS POSTPONED.
Political Uncertainties Causes a Stagua-
ton of Trade.

tion Oh lraue.
NEW YORK, May 30.-R. G. Dun &
Company's weekly review of trade says:
Continued exports of gold, amounting
to $3,900,000 this week. are recognized
as natural results of the borrowing and
importing early in the year, but caused
no serious apprehension. There is a
general conviction that destructive
schemes will not succeed, although at
present political uncertainties cause
part of the business that might be done
to be postponed until the future is more
clear.
Markets for products are weak rather
than stagnant. The business done is
small, but largely governed by the be.
lief in large crops and in sufficient de-
mand. Wheat has fallen cents.
Though low prices bring larger Atlantic
exports than year ago, for the first
time in many months, flour included,
1,543,973 bushels for the week against
l, ABB, 745 last year, it remains that for
May these exports have been only A.
TAP, TT bushels, -four included, against
6, 1873, 420 last year, while western re-
ceipts are for the week nearly 10 per
cent larger and for four weeks 8,043,-
645 bushels, against 5,944, 572 last year.
Estimates vary widely, but nobody
looks for q crop so short as to exhaust
the surplus i'll sight.
Cotton has fallen an eighth in spite of
continued reports that famine is near.
Decrease in manufacture of 30 per cent
at the north and perhaps more at the
south show the real nature of estimates
based OH continued manufacture at
maximum rates. Receipts still indicate
q crop of 100000 bales last year; a
yield is promised much greater than
consumption in any year.
Except in print cloths, which are
weak with stocks of l, 723, 900 pieces in
sight, nobody can tell what quantities
of goods have been accommodating while
mills have been waiting for demand.
Wool sales, exclusive of few specula-
tive transactions based on extreme low
prices, are less than 40 per cent of a
weeks fair consumption, and for May
have been IL, I'll 300 pounds against 90
800, $50 last year and 20, l59, $50 in 1892.
Prices are weaker, washed Xxx 16 l-2,
Ohio delaine 10 and about half the
quantity sold is foreign. The larger
manufacturers took quantities of wool
i'll January, and the smaller want
quiet except for Wheeling use and deal
ings i'll mems wear still unsatisfactory.
The iron and steel markets are weak
with lower prices, because the demand
for finished products is entirely made
quate, though prices are higher. Pig
iron has fallen over per cent since
April /, but the average of finished
products has been advanced per cent
Lower quotations for Bessemer and
grey forge, and local coke at Chicago
with stoppage of two-thirds of the fur
naces i'll Virginia, some in Pennsylva-
mia and others in the Mahoning and
Shenango valleys result from inability
of manufacturers to sell at prices which
their combination demands, billets be-
ing undersold by open hearth iron bars,
by steel bars and nails by new concerns
which are rapidly putting in machines.
Plates weaken and there is no improve
ment in sheets or rods. but beam makers
have raised the price - per ton, making
a slight advance in the average of all
prices for the week 1t is possible that
after the disaster at st.
Louis may affect iron and steel markets
The minor metals are all a shade
stronger.
Failures for the week have been 239
in the United States, against 215 last
year, and 20 in Canada, against "a last
wear