National Republican. (Washington City (D.C.)) 1872-1888, 1873-08-29

inc NEW 10TH HnlppluH l4ltt.l
The stormy and altogether unreasonable
weather OF the last two weeks has served TO
shorten the season Of rural recreation, bring
Ing back to the metropolis many hundreds
OF business men In advance Of the period
originally fixed for their return. But what
Is the loss Of the proprietors Of watering
places and other recreative resorts Will be
the gain Of the city, for 80 large an accession
to the business ranks cannot fall to impart
increased vitality TO the various branches Of
trade. Indeed, Indications Of coming activ-
ity arc already visible, and by the LIST Of Sep
TENDER the wheels OF commerce" may be
expected to reyolve with becoming velocity
As we have frequently had occasion to re-
mark OF late, the essential conditions Of o
reasonably prosperous season seem to be
assured, though, as has been the case for the
last few years, the margins Of profit are
likely to be slender, owing to the heavy cx.
pcnscs OF carrying on business, compared
with few years ago. There are, however,
many features more favorable for success
full fall trade than last year. We have not,
for instance, the distur bling influence Of an
exciting Presidential election, nor the do
pressing effect Of a colossal conformation
like that which laid the best part Of the busi-
ness section OF Boston In ashes. Aside from
these imnlunitlcs too, we have many encour-
aging iunuences' oNor-truulng mas received
a decided chock; the country Is exporting
more and importing less Of unnecessary arti-
clcs than for q few years past. The crop OF
cotton Is likely to prove q full one, some ex-
perts estimating that 1t will be the largest
since tho war; the wheat crop is pro-
nounccd the largest and best we have ever
had; the corn crop Y not so large as
surplus Of old In the country, afford
full average for expectation, and the minor
crops appear, rs o whole, to be equal to an
average. The food necessities Of the depend
ent countries OF Europe, moreover, are such
that the cereal crops are likely to yield fair
return. These are essential elements IN con-
nection with the fall trade, as prosperous
Agricultural season rarely falls to bring pros
perlty to industry and commerce. The pos
sibillty Of financial disturbances Is about the
only drawback, though discerning bankers
and business men are OF opinion that the
money market Is likely to be measurably ex-
empt from the extreme stringency OF the last
two seasons. Nevertheless, there are natural
causes operating to carry up the price Of
money; and In the general uncertainty that
prevails as to the future course Of the market,
there can be no better policy for conservative
merchants than to avoid, as far as possible,
the making Of engagements to pay large sums
OF money until after the movement Of cur
rency from the interior back to the centres
begins, which will be late In the autumn. The
natural course Of gold would seem to be to-
ward lower range, II left free from specula-
tive manipulation, since the exports Of coin
and bullion have been considerably less than
last year, the demand for customs lighter,
while the foreign commercial Indebtedness,
from the course OF the Import and export
trade, must be smaller. On the whole, then,
We sec nothing on the surface of affairs to
prevent the realization of the hopes which
are entertained In regard to the fall trade.