Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1886-08-07
THE CONDITION OF TRADE.
Reports from Leading Cities, Show
ing Midsummer Dizziness,


Reports from Leading Cities, Show,
ing Midsummer Dizziness.
Special kilograms to Bradstreets this week
point to the distrif ution Of smaller volume
OF general mercb n lise than in any previous
week during the year. This appears to be
regarded as natural outcome at this season !,
and representative traders at leading cities
continue to express confidence in an active
and profitable trade In the autumn The
total bank cearings in twenty>nine cities for
the week ending July 80, amount to $747,-
712 ,542, as compared with $S25 ,404, COS last
week. Here is a decline of ST. ~, 900 on
week, and the nearest approach to the total
in the corresponding week one year ago res
corded for months. The total earnings Of
twenty-five western and northwestern rail-
way companies During the third week Of
July amounted to 50 2SS 900 this year, 70,
O5l, 900 last year. Considering the cut rates
of one year ago and the check to general
trade due to the panic in 1884, the record is
| Of very moderate gain.
The customary autumn demands for fluids
is indicated by the hardening Of interest
rates, backed by the improved demands for
| funds at Boston. Philadelphia, Cincinnati
Chicago, milwaukee, Burlington and New
| Orleans. The movement Of dry goods from
agents hands has been smaller, but that from
j)bbers has increased somewhat. At Western
centers the summer trade holds on fairly and
he autumn sales also begin well. All ad.
vances are maintained, prints being quoted
ut $780, with light stocks. Wooden manu>
facturers will n 1t stock up until the opening
of light weight fabrics, in order to learn the
probable price level A 10 cant gain is
expected, though not SO confidently as pre-
viousiy.
the American Iron and Steel Associations
report of the production and sto:ks VI pig
iron, confirming the previous impression that
a hand~to-mouth demand has stimulated
larger total output within six months than
! ever before, has resulted in distinct shade Of
Improvement in the pig-iron industry,
though prices are thus far unchanged. TIE
increased prices for anthracite coal do not
command general confidence and the demand
continues light.
E,rlier reports as to damage to the spring
wheat crop are believed to have been exag-
yerated, ana Dakota and NJ nnesota ara now
thought likely to yield over 45, 900, 900 bushels
rue Wisconsin yie.d is better than expec.ei
Heavy receipts Of winter wheat, and lnoder>
The drouth west and northwest has damaged
he Indian corn crop to some extent, and in
such localities general trade is checked.
Recent local rains have improved the pros
oecs some.
The total California hop yield is 49, 600
bales. The Louisiana rice crop is expected
to be of fine quality and to reach 800. coo
,scks, and the Louisville tobacco market is
irm, inasmuch as the crop needs rain and
stocks are smaller. The July cotton report
shows that the plant in the Atlantic States
| md in Mississippi and Alabama has been
leteriorating, owing to the severe rains. In
Texas, Tennessee and Arkansas the condition
is equal to that OF a year ago. In Louisiana
it is only fair.
The total value Of buildings for which per.
olits have been granted at twenty five p 'ints
within s. x months is SOS, 900, 600 against $685.
oCO 900 in the first half of 1885. The total
numbers of failures in the United States this
week is 1862 against 1914 last week.
Ohio Prohibs.
The last day of the Ohio State Pro-
hibition Convention at Canton, brous hit
the lars est gathering of the kind ever held
in Ohio. Three thousand Prohibitionists,
100 OF whom were delegates, we're in attend
ance.
The resolutions adopted were OF great
fourth section, relating to the Dow liquor Ii
cense law, which reads as follows:
The Dow law is fair specimen OF double
dealing legislation by olitical party that
| claims to be neither for nor against prohi>
btion; in as much as it attempts TO secure
| the saloon vote on the one hand and the tenn
perance vote on the other; AMI VIC denounce,
as an outrageous concession to therum power,
the features OF the law which legalzes tho
| liquor tra ffic.
The State ticket nominated is as follows:
For the Secretary of State-H. R. Smith,
Mo row.
Commissioner of Common Schools-L NJ.
aagood, of Hamilton.
Judge of the Supreme Court-Gideon T.
Stewart, OF Huron.
Clerk of the Supreme Court-H. J. May,
Of Hardin.
| Member Board of Public Works-Abraham
E. Teachou-, of Cuyahoga.
The convention adjourned, after holding a
mammoth ratification meeting.
GENERAL MARKETS.
PITTSBURGH.
FLOUR-Fancy family AIS to o
Choice red winter 45' to 5 s
| WHEAT-A No. Red So to S
No 2 Red SIS TO s
| CORN--M xed, Shelled AZ 4
| Ye'ow-Ear 4S 4
| RYE-No 2 60 to g
| OATS-W dITE SO 20 8
| SEEDS Clover seed $50 10
| Timothy ssel 21 rs
HAY-No l. Tim'hy balel 14,O AS
| Prairie SO 81
nose tim from wagons IA 90 100
MILLFEED-Bran 1900 125
| Seconds l6 0
Middlings 10 90 II q
Chop Feel 10 90 II q
BUrrER-Creamery " 2
| Choice roll IL