Omaha daily bee., 1888-08-19
OMAHA TRADE CONDITIONS.
General Business Somewhat Slower
and Collections Rather Dull.
GOOD PROSPECTS FOR THE FALL,
a Revival OF Commercial Activity
Generally Anticipated-Anothcr
Wholesale Hard ware Firm i'm
Sight-Gcnerai Notes.
TRADE CONDITIONS.

Money continues in supply equal to the de-
malid at the usual rates. Indications point
TO an early demand from the country and a
tighter market during September.
General trade this week has not been quite
as active as last week. but sales have been
fairly satisfactory and are reported as a rule
in excess of last year. Collections have been
very good until this week, when there has
been a noticeable slowness, attributable to
the approach Of harvest, when the time and
energy of the country are devoted to secur-
ing the crops. The outlook for a heavy fall
trade is very good indeed, and with a con-
%tinuance of the present favorable weather
the results will show up in a very desirable
way.
A combination of capital and abil-
ity is forming, to crystalize in
the shape of anew wholesale hardware house
about the 1st of January. Himebaugh,
Merriam, Taylor, Lobeck, and other well
known names in that line of trade, are men
toned as the projectors. The capital is to
be $500, 900.
A deal for the transfer of q controlling in
terest in the city water works stock to others
than the present holders is said to be in
progress, but even If consummated Omaha
will not be directly affected, as it is known
that Mr.. Wiley will retain the management
in any event.
Ell made
The American Banker states that a coun-
terfeit so bill of the series of lSS; lately
made its appearance IN New York. The bill
was much soiled and badly frayed at the
edges. On countcrfcits of this Issue the
words ''for ten in the sentence, 'This note
is a legal tender for ten dollars" are so close
together as to look like one word. In this
specimen the paper has been ingeniously torn
50 as to conceal this blunder. In the word
"this,n on the back, the ''h'' and "i'' are run
together and look like an ''m." The check
letter on this bill is c..
Private advices state that the deficiency
in the French wheat crop has already led to
heavy purchases of wheat on the Pacific
coast for direct export to France.
A reduced crop of honey is expected in
California. There are not half so many bees
in southern California as there were six
years ago and the supply of sage and other
honey furnishing shrubs has been diminished
at least 80 per cent by the clearing up of
land.
Reports from 1913 correspondents, cover
ing the fruit growing regions of New Eng
land, New York and Michigan, show an
enormous yield of grapes IN all sections, a re-
markably short crop of pears of all varieties,
a curtailed crop of plums and a full crop of
peaches in Delaware, Michigan and other
sections where commercially grown, with u
limited production in the peach orchards of
southern New England. High prices are
considered positively certain for pears and
plums, with medium values for grapes and
| DcdCHeS, Dul GRAPES nelu LOT inc Wlluer mar
ket will doubtless command comparatively
fancy prices. The apple crop is, on the
whole, considerably less than 'even year,
production two years ago, owing to drouth
in some sections, cold weather at the time of
blooming, and premature dropping of the
fruit.
Coffee is more active, prices ruling weak.
Good Rio is not overplenty and commands a
premium. The following important intelli-
gence is contained in the Rio News of a late
| date: wv q hear COmDlaiutS as TO the mn
slightly appearance of the greater part of the
coffees coming to market, but are also in
formed that it furnishes very good roasted,
and, as the trade is now principally conducted
by r~oasters, it appears to us that appearance
is OF less Importance now than specific
gravity"
Rice is selling freely, but the supply of do.
nestle rice is short, and three large steamers
have recently arrived at New York laden
with rice from Japan. This year the amount
of rice imported INTO the United States, es.
pecially from Japan, is unusually large.
The Glenshiel, the first tea ship via Sue1
five days from Annoy. She brought a cargo
of 1858, 600 lbs tea, Oolongs and Japans, OF
which about one third the former and one
half the latter have been sold previous to ar
rival by overland samples.
The coal traffic agents of the Pennsylvania,
Reading, Lehigh Valley, New Jersey Cen
trial and New York, Lake Erie q Western
railroads at the Long Branch meeting de
cidcd TO advance the freight rate on Goa
rates from 5 to 10 cents per ton. The ques
ton of west-bound all-rail rates was consid
cred and an advance on the basis of 5 cents
per ton TO Chicago was ordered. This makes
the new rate to Buffalo 81. 20 per ton and to
Chicago St50 per ton. These revised tariffs
will go into effect on September 1, and the
usual ten days notice will be issued TO the
trade. According to the statement made by
a participant of the meeting the advances
were unanimously endorsed and the new
rates will operate until January |, when an
other meeting of these officials will be held
10 determine the ACCESSIBILITY of a still fur
Their advance.