Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1888-08-01
FINANCIAL AND COMMERCIAL,
TRADE NoTEs-cRop REPORTS.


Bradstreers of the 2sth uItimo contains very
full review of the wool interest from which the
following is taken:
OF Representatives had been generally antici-
pated no effect was produced on the wool
| trade: The American Wool Reporter argues
| that. In view OF the fact that American WOODS
have fallen Is or 20c. per pound since 1880 they
are not likely to go any lower at present. even
II the bill becomes a law; and, on the other
of an advance II the bill is defeated. unless the
Importation of wooden and worsted goods Is in
some way checked,
Less business has been done at Boston this
week than last. A considerable amount OF new
wool is held on consignment at higher prices
than can be realized now. The mills ale not
running ahead Of orders to any extent. and the
demand for material is limited to their 1mme-
date requirements. There is no special move
are rather duller than medium. The demand
for Texas spring stock is comparatively LIBERAL
and the volume Of business in territory wool 10
not unsatisfactory. all things considered.
The sales Of the week at Boston are reported
at ,l76 200 pounds. as against 2.509 400 pounds
last week and 2,lS3, 600 pounds in the cores
At Philadelphia wool is in better demand at
old prices. Manufacturers stocks have run
effect Of the tariff agitation has been fully dis
counted and prices are nearer bed. rock OASIS
they are operating with more confidence. The
sales, for the first time this season, exceed
those for the corresponding week last veal. and
are 50 per cent. larger than they were a week
ago. The totals are for this week 9ao.OO9
pounds, against AS. 5000 pounds last week and
TO 900 pounds for week ending July 70 last
year."
The same authority complies information Of
the Sprine.wheat prospect in the Northwest,
as follows
1.-THE reports are generally favorable, If not SO
in places it Is only local and exceptional.
There are points where too much rain is COM
planned of. and at some points it has been too
dry, but these are both exceptional. There are
rust in both Dakota and Minnesota. Tho re-
ports from along the Northern Pacific, the
Manitoba and the Chicago st. Paul railroads
are almost uniformly of a favorable character.
In some districts in Minnesota there has been
damage by chinch bugs. some serious and some
i've
tinued, it would not be surprising If the north
west shall turn out larger springswheat ag-
large nnmber of Immigrants that have found
home in the northwest within the year 1t
would not be surprising If the results Of output
disappointing. There has been occasionally
small damage in certain sections from hail
storms. The spring grains OF all kinds are
said to be most promising In nearly all sectlons
of the northwest"
We have searched all the authorities avail.
able for late specific Information Of the hay
crop in the Western States which usually ex-
port that article. After looking over all the
returns from those States made to him the
Chicago crop correspondent Of the New York
Journal of Commerce thus sums up the result Of
the hay harvest. 1.-THE gress-crop is now about
secured. Its yield is fairly good and its quail
ty excellent"
The Illinois State Department crop-report
says sthe hay-crop Will be larger than expect
ed an the late cutting is being saved In better
condition than that harry ested early this sea-
sou.
The report from Nebraska says "the grass
crop was never better and the present the best
for many years past"