Evening capital. (Annapolis, Md.) 1884-1910, 1889-08-10
THE WEEKS TRADE.
A Slight improvement Reported
BY Dun & Go.
aEEERAL AoTIvITY EvERYWHERE

moves Approximations In the Iron
Trade-coai DnIi, with an Advance In
AnthraeIte BILLED for Sept. 1-wool
steady- Improvement in Cotton.
NEW York, Aug. 10.--R. @. Dun &
Co. 3 weekly review Of trade says: The
changes in the business world during the
" though but slight, have all been
in ...s right direction. There is better
movement Of products, some improve
inent IN crop prospects, particularly in
cotton, and with more confidence and
strength In the stock market less chance
Of disturbing Withdrawals of specie for
Europe. IN manufactures all changes
are IN the direction Of Improvement, and
the reports from interior points indicate
a volume or trade exceeding last years,
and on the whogs steadily increasing.
Good Reports from All Directions.
OF all the cities reporting this week
scarcely one notes dizziness in trade, and
though business il rather Inactive at
Kansas City better demand for money
il seen. AZ Detroit while general trade
IS fair, considerable building Is in prog
rcss, and collections, slow in some lines.
are good in others. Omaha finds trade
good, crops never better and collections
fair. Milwaukee notes excellent crop
prospects, except for corn, and business
good. Chicago rejoices in assurance of
abundant crops, and dealings in pro-
visions exceed those of the same
week last year by so per cent,
In wool by % per cent and in live
stocks and hides by 10 per cent At
Philadelphia there Is seen general inn
prevent; mt Galveston very favorable
crop reports give strength, and at Bos-
ton there is a significant hardening of
the money market.
Glad News from the Coke Regions.
The glad news that the coke strike
has ended has removed apprehension of
the closing of many iron works in the
pittsburg district. Price of iron and
manufactured iron and steel had been
advancing there and the upward ten
dency may now be checked, though at
Philadelphia there has been confidence
that success of the Connellsville strikers
and an advance in wages of coke work
ers would insure an advance of 81 per
tom OH pig iron. The price has advanced
about DO cents and manufactured iron is
strong.
The expected revival of business in
anthracite coal does not come yet, but
there Is some activity and the Reading
Is expected to advance prices Sept. 1.
The glass trade is good and possibly
helped for the moment by rumors of a
combination OF makers The copper
producers have agreed to continue
present prices, though their ability is
still distrusted. Tin is weaker abroad,
but the American demand is larger than
ever, and lead is dull mt 1856 cents.
The Wool Market Fairly Steady.
In wool and woolens there is not much
change, and while orders for dress goods,
carpets and staples continue tolerably
fair, and there Is some demand for cloth
ing, buyers are disposed to deal closely,
because many houses still have part of last
wears stock ON hand. A general advance
in prices of goods being thus kindled it
is perhaps significant that increased in-
Quiry seems to have arrested the yield
ing III the wool market. which has been
fairly steady for the week. But sales
have been slight and spinners still buy
sparingly.
The market for cotton goods IS more
satisfactory, but the market for raw cot
ton does not yield, though the new crop
is now expected to be large and from
two to three weeks late.
Leather Not Very Lively.
In boots and shoes the severity of COM
petition makes profits very narrow. aud
The Shoe and Leather Reporter notes
that after general reduction of 81 to
SO per case last year and further con-
cession OF 90 cents per case in March of
this year. with a decline of 90 TO IS cents
per pair ON shoes in the two years, man
ufacturers can hardly be held respon-
sible for occasional failures among
dealers.
Rubber is weak and declining, with
parafine offered at 61 cents.
With steady improvement in the re.
ports from the northwest wheat has de-
clined about three-eighths of cent on
sales OF only 5000, 600 bushels here and
corn one~half cent on sales OF 5000
600 bushels. Oats are nearly | cent
lower and hogs 10 cents per 100 pounds.
OIL and Gomez Advance.
In oil there is an advance of half
cent, and in coffee prices have been
lifted three-Quarters of cent, but with
many protests from buyers, who note
the growing disappointment Of those en-
gagged in distribution. Sugar Is strictly
nominal with 81 cents quoted rs above
any bid at present obtainable, and the
narrative that an international syndicate
ia getting ready to buy Cuba from Spain
and to control all sources of supply Of
raw sugar. may be mentioned as indicate
ING the difficulties which the trust and
the Madgeburg sydicate begin to realize.
4 Strong stock Market.
The stock market has tseen strong and
advancing ON the rather thin theory
that recent failures and consequent dis
trust Of commercial paper have driven
investors to buy securities. There i IN
fact no such distrust, and money in am
pie supply for commercial uses is quoted
about at usual rates all over the coun-
try. a more rational explanation is
that railroads are assured of large fall
business. and SO viii be powerfully
pressed to adjust differences, If only for
time. The average price Of the more
active stocks IS about SLIGO per share
HIGHER than week ago and foreign re-
alizing no longer appears. The tendency
ct capital toward Industrial combina-
tions may naturally have been checked
III late. and this would lessen the tlispo-