The evening bulletin. [volume] (Maysville, Ky.) 1887-1905, 1896-06-06
A REVIEW OF TRADE
r. G. Dun & Company's Week.
ly Business Report.
MARKETS NEARLY MAINTAINED.
Farm Products Cheap wnh the New Crop
Promising Well and Old Stocks Large.
Gold Exports No Longer Aiarming-Po.
liticaI Conventions Have a Tendency to
Check Trade-Failures of the Week.

Gold Exports No Longer Alarming-Po.
liticaI Conventions Have a Tendency to
Check Trade-Failures of the Week.
New YORK, June 6.-R. G.. Dun &
Company's weekly review of trade says;
1t is highly suggestive that, with as
little help as there is now from new
business, markets are so nearly main
tanned. Summer is close at hand, and
with new crop promising well and old
stocks large, it is no wonder that the
farm products are cheap. The factories
and mills are still waiting for the rush
of business seen last year, and i'll spite
of narrow orders at present, are gener-
ally holding on with much confidence
1t is SO late that gold exports no longer
alarm, for the date of unexpected re.
turns draws near.
The opinion gains ground that more
active business is expected after the
conventions have been held, and the
safety and sufficiency of corps have
been assured.
Low prices at this season affect farm
ers very little, but the spectators who
have bought from them for a rise De-
clining wheat and cotton has helped
marketing the surplus, so that exports
have been more liberal, from Atlantic
ports 2,227, All bushels of wheat for the
week, flour included, against 1,555, 30S
last year, while western receipts 2,006,-
475 bushels against 1,726, 457 last year,
increased much less than heretofore.
Estimates entitled to most confidence
point to a probable yield of 500, 100000
bushels wheat, which with the stock
carried over will clear away any danger
of oppressive charges for br6ndstutfs, at
the same time giving producers fair
return.
Estimates of cotton acreage by the
best authorities indicate a crop of TO-.
100000 bales if weather is favorable,
and the surplus from past crops is GER
tain with only fair yield to be large
enough to prevent any harmful rise, as
a yield exceeding the maximum worlds
consumption of American would prob
ably cause some decline.
The movement of cattle at the west is
very heavy, and lard makes new
low record, with enormous stocks accu.
INFLATED.
The hardest problem of the day is
whether iron and steel prices can be
maintained, as they have been during
the past week. The nail associations
have failed thus far to win over COM
petitors who undersell them, and are
able to manufacture 1000 kegs against
every l00,0 900 by concerns in the combi-
nation. The bar association asks more
for iron than the selling price for steel
bars.
Open hearth billets are freely sold at
Pittsburg below the price asked for
Bessemer, and middlemen are still sell.
ing Bessemer billets about 81 below the
price fixed by the pool. Naturally the
doubt regarding maintenance of prices
greatly checks the demand for the pres.
ent, but belief that much larger de-
mand is certain, and will not long be
delayed, is the one thing which pre-
vents considerable decline
The textile manufacturers are wait
ing, with some cotton goods reduced
still further in price and ginghams to
the lowest point ever known, while no
increase appears in the demand. Sales
of wool still fall below half the quantity
required for full consumption and
prices have further declined, the aver
age of quotations by Coates Brothers
falling below IL cents for the first time,
making the fall AIS per cent in five
years.
Clay worsteds and mixtures, fancy
cashmere and fancy worsteds are a
shade lower, the average of representa-
tive prices being 2S.4 per cent lower
than the spring of 1890, against 27.37
month ago.
Failures for the week have been 234
in the United States, against 1875 last
year, and 30 i'll Canada, against 20 last