Omaha daily bee., 1885-08-19
THE TRADE OUTLOOK.

Trade is gradually picking up In the
principal wholesale centerr, as country
buyers are now beginning TO make their
purchases for the fall aeaton. An early
renewal of activity In commercial and in
industrisl circles Is now confdentIylooked
for. The reports from every quarter are
of the most encouraging character, and
especially from the west and south. The
immense cora crop of the west Is now
considered cafe, and the same rnsy be
sald of the bountifol cotton yield of the
south. The business failures continue to
show decrease. In the United States
and Canadss lset week they numbered
169 as sgainnt $50 in the previous week
and POI the week before. One of the
most encouraging features is the In
creased demand for money. The loans of
the New York associated banks footed up
1914, $40 600 last Saturday, against $293-
146, 200 May 90, and $287, $40, 600 year
ago. The aurrlus reserve has fallen off
oyer So 900 O0O this month.
Activity ia the wool trade continues,
and the manufacturers have great conf
dence in the stability of prereut prices Of
the raw staple. The wocltn goods trade
is reported better thsn at any time c uring
the past yesr. Spinners of wornted yarns
are busiIy employed on orders, and
prices average 5 cents per pound higher
than few weeks ago. Blanket manu-
facturera In some cafes advanced prices
about B per cent. last week. Some de-
siratle lines of spring style woolen fab
ricg, of which samples have been recently
placed on the market, are already under
the control Of ordeIs that will absorb
several months production. The general
| outlook for business in wooden goods Ia
bIightenir 6, and here and there small
advance In prices have been paid. The
cotton market has fuctuated within mar.
row Limits, and the net change for the
week was unimportant. Trade In the
new staple has developed little activity,
but there has been more doing In its
manufi ures. The restriction of OUTPUT
by the mills has given more confidence tc
buyers, and sslllrg agents. havs secured
an advance of about Of a cent a yard
On number of makes of low grade and
fine bleached shirtlpgs, tlckings, etc.
The general market for cotton goods IA
firmer and shows hardening tendency.
In the iron and steel trades there Is n orc
confidence In values, and increased &C.
tiyity is noticed In standard brands Of
crude iTon; but the volume of businers
in most departments il moderate, and
orders generally effect current require.
ments. The Philadelphia Record in Its
weekly review of tie grain market says:
The price off wheat for prompt delivery
has declined "a TO 3 cents per bushel and the
| speculative futures are 8 to cents lower in
| all markets. The break is due to realizstions
by the long interests and more general thort
selling in the speculative markets, encouraged
by an increaiipg crop movement to interior
centres and growing feeling Of upeasiness
about the kesping quality of the large stocks
in store nt Chicago. Exporters have been
operating little more freely in spring wheat,
but there has baen no general improvement
in the foreign demand. The dullnees in this
branch of the trade ia eyiderced by the con
tinued depression in the transa,lsntie carry
ing trade. IL is not unusual at this time Of
year to find some thirty or forty vessels under
charter awaiting cargoes t the leading At