Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1888-02-08
FINANCIAL And COMMERCIAL.

That standard Journal of "Trade, Finance
and Public Economy" Bradstreet's, New
York, contains in its very full reviews of the
past week large amount of valuable informa-
| ton, interesting to the farmer, m erchant
manufacturer and economist of the in terror, as
well as dealers at the large csnters of trade,
from which we make compilations.
financial plethora appears highly proba-
BILE during the first half of the present year.
Money continues to flow to New York from
the interior. Foreign investments in bonds
are large, and low rates of interest prevail in
London.
The stocks of wheat abroad and afloat for
Europe are supposed to be heavier than they
were this time one year ago.
Ia estimating the amount available for eX-
port, it is assumed that the Government re-
port of the wheat crop was too low by 20 600 00C
bushels. Assuming that the condition of the
winter growing wheat will continue favorable
there will be added larger deliveries from the
last crop for export than has been anticipated
After providing for spring seeding, and a fair
estimate of home requirements, the amount
however, for export on the 3lst of December
1887. falls below that at the corresponding
dates 1886, 1885 and 1884. 1t is estimated to have
been, January lst 1885, 81 400 FOG bushels against
els same date in lSS6and l5s, 12 6sS bushels same
| date in 1855. This estimate takes in flour also
for export. The exports from both coasts of
| wheat and wheat-flour in January were equal
| to 100000 bushels of wheat, leaving for the
remaining five months about 10, 900 900 bushels
per month to 3lst June, 1888, and this it is es-
timated, will be ample to meet the foreign de-
mand as 1t will make its requirements of the
United States.
Following are Bradstreet's estimates of flour
and grain in sight, in elevators and store
houses ou3 of farmers hands on the 2Sth OF
January 1888. Wheat, 7O.2l4.I 54 bushels corn
l0,974.Oee bushels; oats, 9,l7s.553 bushels rye
6s6,9lS bushels; barley, 3,943,l6O bushels; -four
1,SS4.964 barrels. Richmond held at that time
| 81 OBJ bushels of wheat; $3.50 bushels of oats
and %, 900 barrels Of flour. Washington city 90
900 of corn $1,000 bushels of OATS and 3d. 600 bar
rels of flour.
| The visible supply of wheat in the United
States and Canada, as reported by the New
York Produce Exchange, February 4th. 1888
was Al ,0S6,640 bushels, decrease of 674 1856 from
the previous week. On February 5tb, 1887, il
was 81 70,03l, and on February 9Th, 1885, 81. 1877
| Q45 bushels
\ There was small increase of corn and rye
last week over the previous. and decrease O.
| I07, 507 bushels of oats.
During the past week sugars declined. The
coffee sales fuctuated, closing with slightly
| higher quotations.
Strength is noted in the cotton goods mark.
| ets,-brown and bleached and prints, an(
other patterned fabrics taking part in tn,
| movement. Orders, the prospective demand
and limited stocks rather than active buying
forms tho basis of the tendency to frmnes
and future activity in cotton and woollel
goods.
Following is mparative statement of tn
receipts and expenditures of the Unitet
| STATES =