Evening capital. (Annapolis, Md.) 1884-1910, 1889-08-03
BOUNTEUL CROPS
Lend a Rosy Hue to Trade Pros
poets Throughout tho Country.
THE IRON MARKET BRAoIEs Up.


west First 20 Feel the stlmuIus-The
Volume or Trade 1sxceeds Last Years.
Eneet o. the Coke strike.
NEw YoRK, Aug. 3.-R. q. Dun e
co. y weekly review Of trade says: The
country begins to feel the stimulus Of
good crops. New spring wheat began
10 arrive At Chicago on the LIST, ten days
earlier than last year, The st. Louis
corn corner has no effect, an abundant
yield Is expected and business in all de-
partrnents il gaining. The Northwest
ern Miller estimates the wheat yield at
500,O 00, 900 bushels, OF excellent quality
and the mills at Minneapolis are active
with water plenty.
St. Paul naturally reports improve
ment IN trade and Milwaukee also, in
all branches. At Omaha assurance of
crops above average makes business ex-
cellent. In winter wheat regions the
improvement consequent upon good
yield has now been steady for some
weeks, though at Kansas City business
il still rather quiet.
Increased Activity in Iron.
Ia the iron regions distinct increased
demand IL felt, and here orders for 100
new locomotives have been placed dur
ing the week. The certainty Of large
traffic has also its effect upon railroad
negotiations which have made progress
toward peace.
The fact that under such favoring
circumstances the stock market has
gained during the week only 40 cents on
$500 IN the average of prices, may be
attributed TO monetary uncertainties
and to the great volume of securities
awaiting buyers. For the i'll success of
the interstate agreement and the recent
legislation in western states have in
ciined many holders to sell, while pro-
Jects for $4,000 miles of new railroad
and for q vast number of industrial
trusts have caused an unusual body OF
new stocks and bonds to be offered, Of
which but small part has yet been
placed. The money markets of the in
terror continue generally well supplied.
The Increased Volume Of Trade.
The volume Of trade continues to ex-
coed last years at New York 10 per
cent, and outside 12h per cent, accord
ing to cIearings through banks. Ex-
ports for July from New York appear
IA per cent larger than last year, with
imports 81 per cent. larger, and these
figures would point to an excess of about
Sl1, 100000 imports over exports, and
yet the large offering of bulls against
products to be moved hereafter prevents
apprehension.
The prospect is the better for decline
Of q cents in wheat during the week,
though corn, oats and cotton for imme-
date delivery are fractionally higher.
Pork products have-all declined a little
and hogs 20 cents per 100 pounds to $3.50.
The speculative movement in these pro-
ducts has not been large, sales of wheat
reaching $4,000, 600 bushels for the
week of corn 200, 600 and of cotton 10I.-
600 bales; but coffee is three-quarters
stronger with sales of 326, 900 bags
In oil 3,700, 600 bushels have been sold
aud the price is about cent lower
The vvoolen Industry nesitatIng.
The wooden industry still hesitate
Prices Of wool are generally held up to
the average for last month, but in fine
fleece there is some yielding in quota
tions, manufactures finding no encour-
agement to look for higher prices for
goods, and therefore restricting pur-
chases Of wool to immediate needs. If
the goods market does not soon improve
q general yielding in wool would seem
inevitable.
On the other hand more encourage
ment Is felt in the iron business, the de-
mana increasing. Pig is strong and 1t is
noticed that the stocks In hand, though
large. are not one months supply. A
strike in the C0nnellsville coke works
expected to embrace IL 600 men or more
does not appear at latest accounts to in
cIude more than 5000. but it is feared
that the struggle may cut off the sup
ply Of fuel and thus affect the supply of
iron Bar iron is stronger, plates more
active ut full prices and rails strong,
though at present without considerable
sales. Nails have been pressed for sale
by some holders, SO that hopes of i'm
provement have been disappointed.
Coal stln sluggish.
The coal trade is still sluggish and
prices do not seem To be maintained.
Copper has not nominally changed, but
two mines have stopped production be-
cause the current prices does not
suit and tin has been weaker abroad,
selling ut SI9.65 here. Lead has been
active in speculation. rising to cents.
Several large failures in the bOot
and shoe and the leather trade have
attracted attention and ret the feature
1t present IS the importunate demand of
BUYERS for speedy delivery of goods.
The producing capacity is largely in ex-
cess 81 demand, in the whole. but no
unsoandness on the trade has been sus-
pected. The general movement of prices
la July was upward, tho change averag-
ing Il per cent for the month, but the sit
ualion toward the close and az the be-
ginning of August appears to indicate >
little reaction.
Business Fallercs.
The failures during the last seven
days were Tor the United States 1911 for
Canada ia. total 2l0. against q total Of
2Q8 last week. For the corresponding
week Of lass year the figures were 216.
representing 81 failures ia the United
States and g III Canada
Charged with Grave Crime.
EAsT0N. Pm. Aug. 3. = Edward Marsha