The commonwealth. (Greenwood, Miss.) 1896-1923, 1897-06-10
ouM's ~coMmEsc,AL REVIEW.

l.IHH -l.HH EM-EL EHr9 HArL
The voluns se Dusissss Mueh a,r...
than Realised ny These wAo R..Sc.
Values Aione-Ia Qusntisy There 4. A.
most - Mech Baslnes Doae - A. -.
Year Of Greatest Prosperity bat ~,.h
Small MargiaA for PROFIT.
New YORK, May s9.--G. G. Dun 4
Co.'S weekly review Of trade, issued To-
day, SAYS:
j People are actually doing more bus;.
ness than they realize. They reckon
by values, but these are much love-
than in any previous year OF ~prosperitv
and leave little margin for profits. In
/; quantity there is almost Is much bps;.
ness being done as the years OF great.
est prosperity, and though the in.
crease in population would call for ,
material expansion, the comparison is
not dis~couraging. The recovery IL
slow, he~sitating and gradual, but more
has been done on the whole in Nav
than in April, while returns of Anr;l
showed the volume Of business ONLY
ten per cent. smaller than that of m.
best year heretofore. Yet hesitation
is doing its work every week, and mul.
titudes are waiting because of posi-
bilities at Washington, who ought n
be filing the demand for labor and the
products of labor.
Events have proved that the crop Of
wheat going out is much larger than
any OF the markets expected, and west
ern receipts for the week were 20 ner
cent. larger than last year, while A.
lantic exports have been for four
weeks G,St5, 500 bushels, -four included
against 4,9ss,777 last year. At this
a actual receipts count rather
than predictions. and the truth is hat
the country has exported an extraordi-
nary quantity of wheat and flour, and
yet aus SO much to spare that the Nav
option has declined nearly a cent for
the week. Besides, the outgo of corn.
largely taking the place Of wheat in
foreign consumption, is far beyond
precedent or expectation, and for four
weeks has been 8, 1850, 091, against g, Oo1.-
9s5 last year.. With liberal interior
supplies the price has declined a frac-
ton.
Cotton is unchanged, although at
this season exports are insignificant.
Manufacturers have especial causes
OF delay owing to the possible compe-
tition with foreign goods largely i'm
ported. but there has been no lei -back
in prices, although cotton goods are
at the bottom price. II is evident that
production far beyond the consuming
demand has forced the industry into a
waiting attitude. Distribution of all
dry goods is at present retarded also
by cooler weather than is usual
ut this season. The wooden
mills are producing more than they
have done for years, though much less
they could or would like to pro-
duce, and manufacturers are doing
almost nothing in the wool market,
Speculation has kept the sales large,
four weeks of May IS, sos, 500 pounds.
against 20, l59, $50 in the corresponding
weeks in 1892. There is som weak
ness observable with western holders.
and eastern prices begin to feel the
weight OF enormous imports, although
holders still calculate on a rise as soon
as new duties take effect.
The iron manufacture gains in spite
the closing Of some furnaces. The
production of pig exceeds
tion, II is somewhat decreasing.
while the consumption has gradually
gained this week, in part because of
several structural contracts, including
alone. and Ia
part because the agricultural imple.
ments works have made larger de-.
mands, and also because of the pro-
posed leasing of nearly all the rod
mills IN the country, which has caused
some buying.
Failures for the week have been GA
N the United States, smallest in any
since September, 1895, against
last year, and 90 in Canada, against
last year.