Wood River times. [volume] (Hailey, Idaho) 1882-1915, 1888-04-13
TRADE IN GENERAL,
Although Dull, the Feeling Is Hopeful,
Failures are Few, and Money Is

Although Dull, the Feeling Is Hopeful,
Failures are Few, and MONEY Is
Easy.
r. G. Dun & Co.'S Weekly Review
Of Trade says; "Dulness is the feature
in business, but dulness with hope
full feeling in almost every quarter.
The monetary pressure which has al
most invariably commenced about
this time does not appear, and the
dangers which were by experienced |
bankers unprecedented seem to have
vanished. There is just now so little
anxiety about the money market that
little is said of the delay of the Bond
Purchase Bill. by amendments in the
Senate, which may possibly defeat it
The possibility of gold exports does
not seem visibly nearer than it seemed
weeks ago, and considerable pur-
chases of securities on foreign &C.
count are reported. Money on call
at New York has ruled at 2 to . per
cent, and foreign exchange has de-
clined from a SO to $4.S7t. The
more pacific advices from Europe
render the outlook more satisfactory.
"But the prevailing dulness is
everywhere felt. Many attribute it
to recent storms and unfavorable
weather, which doubtless affect some
trades materially. Many feel the in.
fuence of existing or recent strikes;
the railroad difficulty at the West does
not abate. But the feature most vide
ly observed is the disposition of Gus
toners to act with great conservatism,
buying only as they are compelled to
buy, and this appears in many of the
leading branches of trade. 1t is in
part the fruit of expectation that
prices may go lower, and in part due
to perception that the demand for
! consumption has slackened, and may
diminish still more.
y 1.-THE failures of banks or bankers
: in North Carolina, Mobile and New
. burg has caused no disturbance
t though it is recognized that man,
), weak spots must always be fount
< after period of extraordinary specu
5 lative activity. Yet, on the aggregate
n failures are not more numerous no
d more important than those OF the las
y or the previous year, which c!earI
e indicates greater soundness in leg't1
o mate commerce since the number {
N failures Of speculative origin has In
creased. Prices are maintained wit
\ re markable steadness; for many veal
t it has happened that the general lew
j of prices has changed as little as
n has during the first quarter of 1885
"Hard pan seems to have bee
reached in the iron business, in til
K. Judgment Of one Of the most success
d, full concerns, for the Thomas Compan
10 at last announces $40 as its contra
K price for the year for best anthracit
OF "The dry goods trade reports fair
s: satisfactory sales, and the Arlingto
S, auction realized fair prices for cotton
o. but, it is reported, losses to makers c
y woolens. The jobbing trade is irreg'
1T lar. but storms and unseas onab
~ weather, with difficulties both as
* deliveries and collections in Westel
:" districts affected by railroad strike
are named as causes. The drug trat
is in unfavorable shape, purchases b
ing reduced as far as possible, al
similar features appear in the marke
:, for sugar and many other produe
"a which may be affected by change
al duties. The wool market, howev'
10. though dull, is steady for the be''
Ma grades, while other qualities sell me
Ier erately at concessions.
GO "Reports from various parts OF
i'm country show general feeling
49, confidence, though lack OF prese
,cs activity is commonly noticed, wi
some closeness in the money mark
and hardness in collections in
Northwest. Rates for money I
or. about per cent. at Boston, Phi
Of delphia, Cincinnati, and Chicago;
Tn the latter strong. The Treasury
ur. changed its cash balance only SO
ers 600, and its deposits still less dur'
;st the week, and the only point OF
all favorable augury as to the NOR