Omaha daily bee., 1888-09-16
THE CONDITION OF TRADE.
Money in Demand at Firmer Rates
of Interest.
MORE CALLS FROM THE COUNTRY
Funds Needed For the Movement of
Grain n Live Stock-The
General Jobbing Business
Very Good-Notes.
Rates ~Stinening.

Rates %Stirening.
There have been no features OF great interest
developed in financial circles the past week.
Our bankers nave met the calls from the
country by grain and live stock dealers, who
are beginning TO want considerable sums,
without feeling at all cramped and there
seems to be no doubt but what the money
market will be comparatively easy for some
time to come. Rates are always sitter here
in the fall than at any other time and
the preset season Is no exception.
The general jobbing trade is very good.
Orders are liberal, both to travelling sales
man and by mail, and it is noted that a bet
ter class of goods is called for, the coun-
try is in good shape and willing
to spend it's money for extras. Collections
are seasonable and it is thought will improve
as the season progresses. 1t is noticeable
that while there have been many failures
this year the prominent ones have been
among concerns of doubtful credit for a long
time previous and have been expected sooner
than they came. Country products have
been freely supplied at unchanged quota
tons.
TRADE NOTES.
The amount of bullion held at the present
time by the Bank of England, the Bank of
France, and the Imperial bank of Germany,
tnc tnfcG leading DankS OF Europe, aRRftpd-
ted 1888, PIG, no gold and 1926, sos, l55 silver,
or a total of $50, S2L,S}5.
There is a prospect for an art revival lin
American coinage. A bill TO secure an inn
provemcnt in our coinage has been drawn in
accordance with the views of Mr.. kimball,
the director of the mint.
In 1865, when the national debt was at its
highest point, a~ggregatlng nearly s3,t0l,O00,
600 and the population less than 30, ZOO, 900,
the debt amounted TO more than Ssh for each
individual. AT the close of the fiscal year
1883, according to a calculation by Mr.. Ed
ward Atkinson, the public debt unpaid and
| unprovided for was 81 ,052, 400, 593, while the
| population was 81, 394, coo. The amount of
debt per capita has been reduced since 1865
| from nearly So to Sl1. Tn period of less
than a quarter of q century has witnessed q
reduction of the debt by nearly $4,000
600 and an increase Of population of more
| than &c, O0O, 900.
The aggregate receipts of the government
last month were 1896, 623, Isl, against $35 ,616,
1l6 for August last year. Compared with the
month of July last months receipts showed
a gain of 81, 800, 600 in custom receipts, a gam
| of 81 100, 900 in internal revenue, ana a slight
loss in miscellaneous receipts. The months
showing indicated greater activity IN bust
ness, both domestic and foreign.
Coffee is in fair demand. Two Of the
steamers from Brazil have arrived at New
York with cargoes aggregating 81 ,3S1 bags OF
coffee, and the feeling is not so Dullish as it
was. Rio dc Janeiro cables receipts of ~, DOC
bags of coffee in four days, the stock there
having increased to 220, 200 bags. Receipts
at Santos for four days were 1000 bags.
Teas are more active and the supplies arc
gradually increasing. The steamer Mon.
. .,loutnsliire has arrived ut New York via
Suez, with a general assortment of China
green and black and Japan, replenishing
stocks of some kinds which had begun to run
low, notably the better grades OF Japan and
China black.
Oranges are scarce and high. A New York
steamer has brought in over eight hundl ed
barrels of good Jamaica oranges, which are
iobbing there repacked at s6.75@7.OO pei
barrel.
Choice brands of canned corn are ~likely.tc
be affected by the damage to the sweet corr
crop of Maine by the recent sharp frost. The
loss is heavy, estimated at 81, 0OO, 600 or more,
but fortunately there was a larger surplus
than usual left over from last year, which,
with the good pack this year in Maryland
and Delaware and the good contributions
looked for from the canneries Of New York,
New Jersey and the west, will be amply sui
ficient to meet all requirements. The New
York Commercial Bulletin states that the
corn pack of the whole country In 1885 was
in round numbers, q little over 1,OO0,OW
cases; in 1886 it was nearly 100000 cases
while last year it exceeded 1000 900 cases
bring from 25 cents to 40 cents per case more
than the products of the other canning dis
tricts.
The estimate Of the salmon pack to date IL
156, 900 cases. The Frazer river is still pack
ing salmon, and has put up 8, 100 barrels.
The Minnesota and Dakota wheat crop will
be 80, 000, 600 bushels below that of last year
and 10, 000, 900 bushels of the wheat will b,
unfit for tirst-class flour. Not anywher'
enough good milling wheat to supply usua
requirements of local mills. These ar
threshing returns and there is no going be
hind them
An amendment has been offered to tn,
board of trade rules extending the regula
session of the association from l to | :l5 p
III This amendment, together with tn,
proposition recently offered to abolish tn
short afternoon sessions, will be voted on i
ten days.
Lamson Bros. & Co., of this city, yesterda
wired their correspondent in Memphis t
learn the truth of the reports of the exist
ence of yellow fever there, and received i
reply a dispatch which read: 1.-The health o
the city never was better"
M. DE Surrell, the French consel ~stationc
at Chicago, has made a report on America
cattle to his government. He says that tn
losses sustained by cattle raisers during ls
and 1887 were equal to 100000 head, Will
in 1887 there was a falling off @
so per cent in the production of calves. Wit
all the loss there has not been an increase /
the price of meat, and this is because an
mails are seldom sold in this country befor
they reach the age of three years, and tn
y - p'ONi tih " " Nhtli W
has caused many of the raisers to put theI
on the market, thus putting down the pric
of beef with the certainty of advancing it
future cost. NJ. DE Surrell believes that b
the end of the present year the price of bee
in the United States will be 80 per Ger
higher than it Is now.
1t is estimated that the wheat crop {
France will fall at least forty million hectol
tcrs below the ordinary crop.
One of the oldest and shrewdest and mos
successful ex-range cattlemen, one who e
in when Texas cattle were worth $40 a hea
all around, with calves thrown in, and WI
got out of the business when he could sell
|, S22.5 so per head for everything, countin
calves, is reported as saying that the rane
cattle business is now IN good shape to max
money for legitimate investors.
A meeting of barb wire manufacturers wa
held at the fremont yesterday in Chicag
which will very likely result in the fern
|, ton Of a strong pool or trust in the ne,
future. Prices are at present so low tn;
the manufacturers claim their outlook is d.
| plorable as there is no profit to be made.
, AS far as could be learned those preseI
: concluded that the only way TO improve ma
i taro xpnp 4 rnnttnna A tpar on nrinaa until ,