The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1888-08-09
THE BUSINESS OUTLOOK.
Volume OF Trade Fqua, to That Of
This Season Last Year.

Il q. Dun q Co.'S weekly review says:
Business is a little better and In aggreg ate
volume is now fully equal TO that OF last year
at date. The iron and woolen trades have
materially decreased but business In grocer
les lumber, and farm products generally Is
large. Trad, has improved q. Phil
alelph,, Baltm re, Cleveland, D,troit,
st. Paul, Nashville and Galveston,
and is excsllent NJ Omaha At
Detroit and st. Paul th, lumber trade Is es
pecially mentioned MS excellent, and at
Pittsburgh and Nashville larger transactions
and better prices in iron have been noticed,
with improvement also in charcoal iron at
Detroit. Wool dealings are smaller than
usual and dry gools are not especially active,
and the demand for woolens being slack even
at low pric S, and for cottons rather irregu-
ar for the seas,n. Tne coz, trade has been
coed for July, Tut seems TO slacken; more
activity Is seen in coffee, which has declined
i6 cent, and in raw sugar, but refined is
easier, production having overtakcn con-
sumption.
puLrSEss IN SPECULATION.
The speculative markets have been nom
with sales Of -, ,OO1,0J0 bushels Mt New York,
aud corn cent, with sales Of 5000, go BUSH
els, and oats cents, but all were still higher
on Wednesd,y and have since declined.
Hogs have risen 10 cents, lard 10 cents per
hundred pounds. ani pork 20 cents per bar
| rel; oil ~ cent aud cotton % cents per 100
pounds, with sales OF 100000 ta'cs.
Iron is considered strong'r, though
No. Southern is quoted at
eli - delivered in Brooklyn, aud steel rails
are lower, sales being quote equivalent to
| 500 Eastern mills. The general average Of
all prices has risen . l-2 per cent. since July
| lst. Reports as to elections do not improve,
| aud complaints are common. One hundred
| and eight qualities OF wool average exactly
| the same price as July |. The exchanges at
all points are smaller than n year ago, but
because Of decline at New York; outsi le Of
this city the aggregate shows gain of per
cent.
FOREIGN TRADE FALLING OFF.
Foreign ale is diminishing, however
New York reports for four weeks show n de-
cline Of 1873 per cent. in value of exports and
much more for the last week, with only a
slight increase in Imports The New York
| returns would indicdte an excess OF merchan-
disc imports over exports of about sl3,OoO,-
go for July, following S6l,OO,OU for the
| previous six months. Unless products move
out freely, embarrassment may r~sut and
the rise in prices Of exportable products tends
TO check their movem, mt. The treasury has
taken in during tho past week
$2,OO0,OO) more than IL has paid out
and the actual circulation of all
kinds is about IS, 900, 900 less than It was a
month ago, owing mainly to the largo retire
ment OF bank notes. Reports from all none
tary centers indicate that tho supply Of
money is ample for all Legitimate business.
The settlement OF the cible war aud the ex-
cel'ent crop prospects have been usei to al
vance stocks about 69 cents per share, but
Western freight wars do not yet improve In
spite of frequent hopeful reports,
Business failures throughout the country
during the last seven days numb rel PIG, as
compared with 22l last week and 22S the week
previous to the last. For the corresponding
week of last year the failures numbered lS3.