St. Paul daily globe., 1886-10-30
THE STAFF Or TRADE.
Continued Moderate Transactions
During the Week--Hn Oney Easier.

Continued Moderate transactions
During the Week.-H1 Oney Easier.
New YORK. Oct 29.-Special kilograms
to Bradstreets'. while recording omewhat
improved movement in merchandise reflect
on the whole continuance of the late check
to general trade. While this appears to be
OF a seasonable character after the recent
period of active trading, there is little in
sight at the moment to suggest immediate
improvement, although confidence in its ap-
pearance in the near future is unabated.
From number of points word comes that
mercantile collections are made with
less ease, which is attributed in part to
the low price of staple farm products.
At most of the cities reporting a better
business there is cooler weather The
practical holiday in many lines in New
FORK on Thursday cut into the total value
of transactions. and is reflected in the
weeks bank clearings. This, together
with about one-third less trading on the
stock exchange. caused a loss of about
$125, 900, 000 The total OF bank cearlngs
at thirty cities this week is 1884, 9T4, 120,
against $1,000, 492, 9S4 last week, and
S971, 664. 1876 in the like week last year.
Chicago lost S11, 400, 600. st. Louis So, 7OO.-
600 and Baltimore S1.700. 600. while San
Francisco gained So 200. 900 and New
Orleans $500. 600. The Western money
markets generally continued quite firm,
with the current of funds still to
the West. The demand for funds for gen.
eral commerce and industrial affairs at most
large cities continues marked. The stock
market was hestatng and somewhat lower
during the early portion of the week, with
CO IS derable bear talk and selling short This
ygo frlinJyad hyo hr,lj
and considerable advances in certain stocks.
The transactions of the New York stock
exchange for the week were 1,76O,153
shares against 2. 52S, ,275 shares last week.
Bonds were generally strong and advancing,
the sales on the stock exchange for the
week aggregating So 352, 500 against SILL
sos. 800 last week. Money was much easier,
the arrival Of large amount of gold from
Europe tending to give less stringent tone.
Call money was quoted at 4@6 per cent.
and time loans at about 6 per cent. EX-
change continues weak and lower with
prospects favorable to further gold imports.
Commercial paper is in poor supply but
rather well sustained. The distrbu-
ton of dry goods from East
ern centers has been noticeably
checked. though prices are strongly held.
The demand for raw wool from manufac-
turerS is not SO large as in September,
though the decreased demand for the East
ern knitting mills has caused no weakness
yet. The strength recently shown in iron
and steel is fully maintained. Wheat has
been stronger and higher again. after re-
action from the advance made early in the
week. Speculation, foreign war rumors
and the growing opinion that importing
nations will yet have to buy largely from
the United States, are underneath the most
recent advances. Rains and frosts in many
sections of the cotton region this week have
not resulted in widespread damage. Louis
vile reports the weather favorable for
curing the tobacco crop. The business
failures throughout the country during the
week number for the United States 1856.
and for Canada 19, a total of 215 failures.
O'Donovan Rossa's Gall.
NEW YORK, Oct. 29.-The following
story for the truth of which Mr.. Roosevelt
will vouch, is in circulation: On last Friday
O'Donovan Rosa called upon Mr.. Roose-
velt and offered to furnish him the hearty
support of his paper, and the vote Of the
secret societies he could control. if Mr..
Roosevelt would give him two checks-s
small one for the cause of Ireland and
much larger one for the personal use of Mr..
Rosa. The check for 1.-THE cause was to
be dated after election, so that Mr.. Roose-
velt might cancel it if he were not elected.
The check for Mr., Rossa on the contrary,
was to be dated properly, so that it could
be used at once.