The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1889-09-27
TRADE REVIEW.
The Volume Of Business done
Shows a Decrease.
Money ,StrinScpcy Due 10 tho Alb
sorptton Of Cash by Stock Spec
uIation-ItcpOrts from Trade

Money ,StrinGcDcy due 10 tho Alb
sorptton Of Cash by Stock Spec
uIatton-ItcpOrts from Trade
- 4Centres-Graih aud Staples.
hs Special kilograms to Brndstreet's indicate
that the storms OF tho North Atlantic coast,
rs we'll as uufavorable weather in Missouri
and Nebraska, have had on apprecIablo effect
on tn, distribution OF general merchandise.
In other respects no particular changes aro
reported. Relatively the greatest activity
is said to bc at Chicago, Omaha, st: Joseph
nud New Urle1ns. Mercantile collections
are variable. Cotton il moving freely in
Louisisna, but the sugar crop there Is buck
ward. Early freshets I'm Nebraska have
done very little damage to ths Indian corn
crop there. Cattle and hogs arc dull and
heavy. S,Irnun aro hrmer at San Fran
cisco. owing to the decline in the Alaska
catch.
Gross earnings or III railroads FOR August
show n q gain OF 10. per c'nt over their ng-
grexate earnings in the same month las.
year; hut 81 roads out of the whole number
show decreases Stock speculation is duh
and subject to rtuctionary tendencies, the
weather diminishing part cipation, and
threatened railroad disturbances ting
appT ahension. though the undertone OF the
market continues strong and confident.
Bonds are dull md firm Money nt New
York Is firmef on n drain OF funds to the
loans 4 q 4 per cent Foreign Exchanges is
high and firm.
Wheat showed an early advance OF 1ic on
unfcvorable reports a' to grahe OF new
Winter, unexpected absorption Of new wheat
by millers and others before reaching lead
ing storage points and liberal orders from
millers and shippers for new Spring, but de-
clined later losing FORMER advance anil clos
ing h. hvy The Government crop 70, Ort
was construct unfivorahly. Indian corn
l,a-
reports and heavy receipts Exports this
week OF wheat land -four us wheaD nggre.
gate 1,4J,5j2 bushels, against ,@7,2l9
bushels last week and =, 'S', ,43S bushels in thu
to date are ~, 4G5 '4 bushels. against % S27..
q. bushels last year.
Dry goods jobbers at New York and Bos
ton rep lrt trade interfcred with by stormy
weather. The volume Of business done
necessarily shows decrease, hut the season's
trade IL we'll ah .ad of last year in leadin ?
lines. AT first hands n steady, moderate do
mand is reported, with prices firmly held
| for both cotton and WOODEN GOO Il. Print
| cloth stocks, however, are growing, and
| prices. while unch ingrd, weak. New
| York jobbers is II prominent felture.
There is some improvement in wooden
! clothing. Raw wool SALES are restricted by
slowness OF manufacturers to take hold, Tut
| bolders manifest moro conf lent tone
The new domestic clip is moving freely.
Raw cotton is slower ut sale ut unchanged
prices. The Governm 'et cr>p report Is re-
| garded as buliish. September delivery has
advanced on exhaustion Of lccal stock and
| sympathy with LiverpOo.
| An increasing inter st in raw sugar is
| caused by a bctt .r demand for refined aud
stronger European cable advices. The gain
! is credited to legitimate traie Influences.
| Prices of refined are well maintained. Coffee
prices have been stimulated by crop an
weather conditions ut primary sources, as
llxr
Europe during August The spccu ative
| advance is Z lOc.
The business failures during the last wen
| days number for the Uni ell States ITO and
| for Canada 23 For tho corresponding week
| of last year the figures were lgJ in the
| United States and 81 in Canada.