The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1889-08-09
NUMBER 81.
TRADE OF THE WEEK.
Average Demand and Moder-
rate Movement Continues.
Excellent Crop Prospects and other
Conditions Make the Outlook Fav-
orablc--Activo Demands for
BreadstuffS-Gcne Eca-
turcs.

Special kilograms to BrddStrcct's fully con-
6rm its report OF only ian average demand
and moderate distribution" In general trade,
made last week, and show n continuance OF
these conditions. Now York City, Boston,
Philadelphia, Baltimore, Cincinnati, Cleve-
s~-.sy-rc housr- cusan nss~~- -Esaaaisoo- -sre ina-
cluded In this characterization. Tho excep-
ton, II any, is tho iron AMI steel indu|tries
at leading points OF production.
Kansas City reports a decline In the vol
uno Of trade, and rains have 6amagcd wheat
and corn in the shock In tho region near
Omaha and st. Joseph. There is only fair
volume OF trado at Dstroit, Galveston and
Savannah. Crops at the South are promising,
and for somo days the like has been true in
the Northwest, where wheat crop is now
expected equal to that of 1888 Excessive
hent hns decreased tho volume or general
business at New Orleans, San Francisco's
Hour and bullion exports To China arc grow
ing rapidly.
Aside from the movement In iron aud steel
there Is no unusual or notable general dstri
button of staple products. Crops prospects
and indications of heavy railroad q traffic
cause II decidedly better tone and recovering
prices In stock speculation at New York,
though without much iucrolsa of activity.
and less apprehension IL felt about the antici-
pated draln to the West. Call looms arc per
cent. and timo money PER cent. Foreign
exchange is weak and lower on decreasing
demand and u bett n supply.
Breadstuffs prices have been higher, and
the demand for specul,t on aud export gen
orally more active. Russian and Gcrman
wheat crop reports are no mor5 favorable,
but those from Dakota and Minnesota now
promise about as much wheat as last year.
The decrease OF invisible wheat, both coasts,
July against like datc l>SS, is calculated at
5000, 600 bushels, about - per cent. and or
visible wheat l2,O0o,OUO bushels, or 3S per
cent.
for corn. Wheat cluses a IL 80 ami corn 40
higher on the week. Exports, wheat (ind
-four as wheaD both COASTS this week equal
,3S5, $3.50 bushels. against ,iG),202 bushels
last week, and =, pa. 27l bushels in the fourth
week, Of July 1888. English and French
crop reports will TO largo extent determine
the course Of hereby exports The United
States probably carry over into the new crop
year the smallest wheat stocks within the
decade.
otrOriugs, partly to nrr've. prices have given
way &c. when sellers withdrew from tho
market. Tho demand for refined continues
checked, and refipers arr. still storing thnir
Sales Of coffee in speculative markets, based
on weaker cables and more promising crop
reports. depressed prices about 2-5o per
pound.
Dry goods commission mea at Now York
report a steady but moderate demand for
cotton and woolen goods. Some dsappont-
ment is expressed at the slowness Of Fall
trade. Jobbers are preparing FOR Fall open
ings, and report n quiet but steady demand.
Prices are uniformly firm with all advance
OF ono sixteenrhsiu .pEint cloths and more
strength In low.grade worsteds. Foreign
silks and woolens are in better demand. Dry
goods exports arc light. Raw wool is steady
on moderate inquiry from manufacturers
Higher prices OF finished goods check sales
and Induce light recorders by the mills. Raw
cotton Is in good demand at Now York at
1-lGc advance. Speculation is more active.