Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1897-06-18
CURRENTS OF COMMERCE
A. 6. Dun 6 Co.'S Reuiss Of ihs Past
Wee S Operations.
very MODERATE. YET DISTINCT GAINS
rhe Effect of Crop Prospects, Receipts
and Exports Of Wheat, Cotton Acre
age and the Cotton Market-siiiis
Await impending Tariff Changes.

The gain in business continues, no.
without fluctuations, and at the pest
moderate, but yet distinct. 1t Is stu
in quantities rather than prices, al
though ia some branches an advance
| in prices appears, but on the whole the
humber 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 the yield at
5l5, 600, 600, with many State and rail-
road returns to support it. The price
recovered lie after last weeks fall oil
over 4c, because visible supplies are
diminishing, but with 1910, $40 bush.
els received at Western ports in June,
Atlantic exports have been, Hour In
cluded, 3,l28, 943 bushels against g.,
704. S72 in one more day last year. The
outgo is steady and since March has
been 6,949, 1872 bushels against 49,
lis, 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 $50 per cent. in
all the States aud an increass in every
State in spite of the foods, which with
no more favorable weather than that Of
last year, would mean a crop of nearly
3, 100, 600 bales. The market is six
teenth weaker. partly because some
Southern cotton mills are trying to
limit production.
Neither cotton or wooden mills car
expect other than O waiting business
with change of tariff impending, but
the demand for bleached goods il
steady, though moderate, and fol-
print cloths slightly better at 2. 44t
:. 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.36S, 900 sold of all kinds al
the higher markets. Carpet mills al
4 Philadelphia, which have just resumed
tlffer along idleness, were also buyers
and all are now running nearly frl
time.
Iron furnances in blast June 1 re
ported a weekly output of 16S, $50 tom
against 10, 52S May l, and in unsolt
stocks. exclusive OF the great stee
companies, an increase of 1,613 tom
TOR the month, to /, 1850. 252 tons. Th,
main fact is that production of pig ha
Tor some months been much in excess
If the demand in the Manufacture O
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 bar
much larger East and at Chicago, will
some large orders taken at Pittsburg
Philadelphia reports decided improve
nent in finished iron, with fewer con
,essions, and Pittsburg large structu
raj orders, while apprehension of labo
difficulties has induced much buying a
the West. The ttrike at Pittsburl
ended. without success.
Failures for the week have been 26.
in the United States against 246 las
rear, and 80 in Canada against 81 las
year.