The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1888-09-13
TRADE REVIEW.
EFFECT OF GOOD CROP PROS
PECTS.
Advance In the Speculative Markets,
and I'm Railroad s,ocks-Incrcas-
ed Demand Causes Cioscness
I'm MONEY mt Some Points

r. q. Dun & Co.'s weekly review OF trale
says: Wool and iron industries respond at
last, though with some hesitation yet, to the
stimulus afforded by good crop prospects.
The increased demand for wool is shown in
higher prices for nearly all grades. Coates
circular for September reports
considerable speculative feeling, and the
average Of los quotations is now 2?1
cents, against 2i.7 August 1. There has
been distinct improvement in the purchas-
ing by manufacturers, aud In dress AMI knit
goods more activity. The demand for cot
ton goods, is at present comp Iratively ligh,
and irregular.
In the iron trade also an improving demand
is felt In all directions, excepting in the mar
ket for steel .ais. Pig iron is iirmer in New
York, AID though some Southern iron Is still
offered below current quot,tions, anl four
now Southern furnaces are 10 begin work
this month, the tone is irmer. At Pittsburgh
advances Of % TO - cents per ton are report.
ed. Bar AID other flnishe. iron e. also
stronger In Pittsburgh aud Philadelphia, aud
some speculative disposition in the pig iron
MAJ ket Is noticed. leyellnd also rep rts an
improved demini for orc aul better prices.
The deliveries Of steel rails for ght months
of this year have been only 40, ,jO1 tons
against l,Oi5,oiS last year.
The speculative markets are higher, whrat
nearly lc, with salcs ot 3iOJJ,OOj bu., and
corn about lc, in spite ofcxc,Ilent ports a, 70
the probable yicll. Cotton has riscn u,ar,y
&c, though the best recent reports a. to the
yield arc confirmed. The coffee market Is !
cent higher. with I cttor demand. Oh -
stronger. and foreign hides higher ,uynr
has advanced l.lGc and lard ncarly. fic, vet
other pork product, are ste idy, and hogs loc
per 100 lbs. lower The stock market has
shared the upward tendency, showing an al.
vance Of about jlc per share since a week ago
The gross earnings of railrla Is continue
encouraging. The wars Of rates do not c'as,
and the denoralizttion such tia, the trunk
line pool aud the Central Traffic Association
have practically ceased operations. We1ku -
nnl selling in important Western stocks con-
tinue. bu, tho mirkel improvement in the
coal trade helps many stocks. The situation
does not improve the demand for secC~itirs
offered by protector, Of new roldt Nor 10
returns OF foreign trade promis, the import,
of god which are uully expected IN the
fall. Exports from New York fall sl,2.0uOD
behind last years for the las. week rap,rtc !,
and IL psr cent bshinl for tn, past hy,
weeks.
Tho accounts from interi'r cities continue
decidedly favorable. \, to collections al-D,
while some complaints appear, the general
tenor Of reports is more favorable The in.
creased demand for money has cau,cd some
closcncsS in the market a, b fillmore, Glove
land AMI Nashyi,l,, tu, at most points the
supply is ample. Tho treasury has taken in
during the week S2,OoooJ NOR. than i- has
paid out, but the payments for $G,O0JO .
bonds purchase have not vet b el rrporte l.
The business failures number 93i, as con-.
pared with 22j last week and 2lt the week
previous 70 tn, laS.. For the corresponding
week Of last year the figures were Ia, an
.! in the Dominion Of Canada.