The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1897-06-19
CURRENTS OF COMMERCE.
4. s. oun & Cos Review Of the Past
Wees Operations.
VERY MODERATE, YET DISTINCT SANS.
The Effect Of Crop Prospects, Receipts
and Exports Of Wheat, Cotton Acre
age and the Cotton Market-M1lls
Await Impending Tariff Changes.

without fluctuations, and at the best
moderate, but yet distinct. 1t is still
in quantities rather than prices, al
though in some branches an advance
in prices appears, but on the whole the
number OF hands employed, the vol
ume of new orders and and the amount
of work done, are slowly increasing
The prospect of good crops of wheat
and cotton helps the growing demand
from dealers, whose stocks are depict
ed; gradually gaining consumption
also helps, and in the money and ex-
change market large buying OF Ameri'
can securities has an influence.
Wheat looks we'll and the best trade
authority now estimates sthe yield at
SIS, 900, 900, with many State and rail-
road returns to support it. The price
recovered 1sc after last weeks fall Of
over &c, because visible supplies are
diminishing, but with 2,9l0,579 BUSH
els received at Western ports in June,
Atlantic exports have been, flour in.
Guided, 3,128,943 bushels against 3d.
7O4. S72 in one more day lastyear. The
outgo is steady and since March has
been l6,949, 1892 bushels against 49,
l15, 42l last year, and yet Western re-
ceipts have kept fairly ahead Of the
exports.
The annual report Of the cotton
acreage by the Financial Chronicle
shows an increase of 5.83 per cent. in
all the States and an increase in every
State in spite of the floods, which with
no more favorable weather than that OF
last year, would mean a crop of nenrly
9,100, 900 bales. The market is six
teenth weaker, partly because some
Southern cotton mills are trying to
limit production.
Neither cotton or WOODEN mills can
expect other than a waiting business
with a change of tariff impending, but
the demand for bleached goods is
steady, though moderate, and for
print cloths slightly better at 2. 44c
plus / per cent, and for print goods.
though not active. Brown goods are
dull, though quotations are unchanged.
Some large wooden mills are prepar-
ing to increase output and have bought
heavily. Sales of foreign wool at Bos.
ton alone reached 100000 pounds
out of S,3GS,00O sold Of all kinds at
the higher markets. Carpet mills at
Philadelphia, which have just resumed
after long idleness, were also buyers,
and all are now running nearly full
time.
Iron furnaces in blast juno l re.
ported weekly output Of 1913, $50 tons
against 1852 May l, and in unsold
stocks, exclusive of the great steel
companies, al increase Of 1853 tons
Tor the month, to 1850, 252 tons. The
main fact is that production of pig has
Tor some months been much in excess
Of the demand in the Manufacture OF
finished products. Failure to form
the rod trust caused wire nails to yield
Sc. The general demand for plates
and sheets was better and for bars
much larger East ond at Chicago, with
some large orders taken at Pittsburg.
Philadelphia reports decided improve.
nent in finished iron, with fewer con.
sessions, and Pittsburg large structu.
ral orders, while apprehension Of labor
difficulties has induced much buying at
The West. The strike OF Pittsburg
ended without success.
Failures for the week have been 1852
in the United States against 246 last
year, and 30 in Canada against q lasi
year,