The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1897-08-28
DUN'S WEEKLY REVIEW.
REPORTS OF THE LARGEST COTTON
CROP EVER GROWN.

Corn Exports More Than Double Last
Year,s..Tho Demand for Finished Pro-
ducts Has Decidedly Improvod.-The Boot
and Shoe Industry Difficulty.
r. G.. Dun & Co., in their weekly
review of trade says: Not for several
years have the telegraphio reports
from various cities in all parts of the
country been so encouraging or shown
as uniform improvement as this week.
The markets are called crazy by some,
but fairly represented the people whose
confidence in the future is strong and
increasing. Nothing appears to check
it. Rumors of injury to crops are not
sufficiently supported to have much
influence. The one temporary him
deranoe is the strike of the bituminous
coal miners which interferes as yet
little with industries and seems likely
to terminate within week.
The demand for money improves,
taking from New York to the interior
about half million more than was
received during the week and offerings
Of commercial loaDs are much larger,
including considerable iron and steel
paper and the course of foreign e1-
change is generally interpreted as an
indication that specie imports cannot
be long delayed.
The greatest gain has been for agri-
cultural products. Corn has advanced
a little in price, but is moving very
largely so that the last years surplus
may soon be marketed, unless the new
crop turns out better than many now
expect.
Cotton declined An eighth, because
of an estimate promising the largest
crop ever grown, but the dry goods
market is decidedly improving and
come Of the large mills, after a few
weeks of suspension, have resumed
work. Other farm products are dong
we'll also, but wheat has advanced about
llsc for the week, on actual transac-
lions with heavy purchases for export.
The official estimate of yield is entirely
disregarded except as an admission
that the crop will be larger than that
of last year and it is commonly assumed
that tho yield will be $4,000, 600 bush
els or more, though recent reports of
injury indicating the probability of a
somewhat smaller outcome, have helped
the advance in prices.
Western receipts for the week were
3,4SS, S44 bushels against 3,947, IT'S
last year, and for the three weeks II,
34O, 2G7 bushels, against 10,697, 1877
last year, while Atlantic exports are
about double last years, 3,705, 2S7
bushels, against 1,8OS,347 last year,
and for three weeks 9,S19,3l8, against
6,1O2, 661 last year, -four included, for
both years. y.
It is we'll to notice that corn exports
continue more than double last years
also, tn three weeks being 8,516, 544
i bushels, against 4, 1l9,47 last year.
| The iron and steel industry is push
ing forward, in spite Of the still unset
tied strike of bituminous coal minors
and the enormous purchases Of ore a
Cleveland, and also of billet
at Pittsburg, show the utmost conf
dence in the future. Many additions
establishments have begun Rork dur
ing the past week, and while no ma
terial change in prices has occurred
the reports indicate fewer Concession
to secure business and much steadiel
tone. g..
The demand for finished product
+ has decidedly improved, especially i
plates, sheets and bars, and in railwa
g supplies, particularly in car nails. Th
i salesof ore at Cleveland have,amoun'
). ed in two weeks to 100000 or 10000
o tons, and of bilets sales reported a
y Pittsburg have been in three week
J. about 300, 600 tons.
- Tin is firmer, with full consumption
Ia and there is larger business in copper
u beVeIdl uIl'l'A PouAuo Ao'Au6 Ooo
(. taken for export, raising the price c
$. lake to III.
:. The old difficulty remains in th
boot and shoe industry, dealers bein
unwilling to buy largely at the price
which manufacturers now make, 8
). during the past week the only chang
4 has been slight advance in calf boot
~ The market for boots at Chicago
), again much stronger, prices havin
a advanced, with very narrow transa
"a tions and buyers are holding off, in II
~ belief that the prices have reached Il
70 topn
- m the wooden business considers
,f BILE increase appears in the number
~ establishment at work and the d
!, smand geoda has much increased.
-. Fail6I9s for the week have been 2;
- in tho N1iteta States, against $50 la
"a yeas sand 80 in Canada against 81 la