Daily public ledger. [volume] (Maysville, Ky.) 1892-191?, 1896-06-27
BUSINESS.
The Monetary Outlook is Not
Yet Clear to Some.
Number Of Failures in the United
United Greatly Reduced.
Leather ls Slightly Lower for the Kinds
Not Controlled by the Leather Company
Lower Prices VIM Soon BE Made
for Coke-Bessemer Pig Lower.

New YORK, June 27.-R. G. Dun & Co
will Saturday say:
Failures for the week have been 217
in the United States, against ESQ last
year, and "a in Canada against 20 last
year.
The monetary outlook is not yet clear
to some. The strength shown in re-
cent conventions by advocates of silver
coinage, and expectation that all the
elements favoring that policy may yet
be concentrated, incline them to q
waiting attitude. Their uncertain.
ty retarls improvement, notwith-
standing the more widely prevalent
feeling that tie monetary action of the
st. Louis convention will be sustained
by the peo. lie. Eu. many mills have
waited as long as they can with safety
and signatures have been given by
enough cotton mills OF Fail River to en-.
sure a 'elafOrary stoppage, it is
said, te Lature OF which is
erence with the Pro 'ilo1ce MAUI
facturers. Meanwhile the Pacific of
Lawrence and the Naamkeag of Salem
have closed for time. and practically
all the southern cotton mills will be
represented at a meeting on Monday
with the same object
Wooden mills are active without con-
cert; but Ia are mentioned IN dispatches
as having closed this week There is
no similar movement in other indus.
trie,. thoagh the perioi of summer
closing is at hand in many Of
them AMI important controyers.
les as to wages OF iron puddlers
and other hands ma ie 1t likely
that the annua! st)ppa &c in that in
dustry may last longer than usual.
The weakness of wheat. witch has de-
clined 2,10 cents, AMI of cotton,
which is an eighth l,yrg for spots,
though less for future have full ex-
PLANTATION in decidedly r,od crop pros
poets. II may I've doubt i whether the
boot and shoe industry has ever been
in better shape on the whole, though
manufacturers complain that an ad-
vancs in price is necessary which deal
ers are very reluctant TO pay.
Leather is slightly lower for kinds
not controlled by tn leather company
and at Chi2ago pack hid IS are steady,
while country hav. advance a shade
with small reeci1t'. Cnp9e- is held at
Ills. Lead is hardening AZ 3.O5 and
American tin plates are we'll sold at Is
cents be .ow foreign.
The great combinations. which the
Iron Age wisely reasons tend to cause
disastrously low prices hereafter, still
control the markets both for material
and finished products of iron and steel,
though it is reported that lower prices
will soon be made for coke, owing TO
better utilization of products and for
nails owing to heavy decrease in con-
sumption The billet pool re-
ports no large sale, but
middle men or outsiders continue TO
underseu il The new demand for fin.
ished products is very light; and, while
quotations average a shade lower. most
of them are cut 70 secure business.
Bessemer pig is a shade lower ut ST. e5
at Pittsburgh The textile manufac-
turers. as has been said, are generally
devising curtailment of production,
and the only change in prices is down
ward