The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1889-08-15
COMMERCIAL.
PRESENT CONDITION OF TRADE.
sErTER MOVEMENT IN PRODUCTS AND CROP
PROSPECTS rMPRovED-sTocKs STRONG AND
ADvAYCISG-PIo IRON STRONG.

r. @. Dun's weekly review of trade says:
The changes in the business world during
the week, though but slight, have been in
the right direction. There Is little better
movement Of products, some improvement
in crop prospects, particularly in cotton, and
with more confidence and strength in the
cotton market less chance Of disturbing with
drawals Of specie for Europe. In manufac-
lures all changes are in the
direction of improvement and
the reports good from interior points
indicate volume OF trade exceeding last
years, and on the whole steadily increas-
ing.
AT TRADE cEHrERs
or all cities reporting this week scarcely
one notices dulness in trade and though bus.
iness is rather inactive at Kansas City,
better demand for money Is seen. At De-
troit while general trade is fair, considera-
BILE building is in progress, and collections,
slow in some lines, are good in others. 0ma.
ha finds trade good, crops fair; Milwaukee
finds excellent crop prospects, except for
corn, and business good Chicago rejoices in
assurance Of abundant crops, and
dealings In provisions exceed those OF
the sarhe week last year by 90 per cent in
wool by 2j per cent, and in live stock and
hides by 10 per cent. At Philadelphia there
is seen general improvement, at Galveston
very favorable crops reports give strength,
and at Boston there is significant harden
Ing Of the money market. The coke strike
has ended aud removes apprehension of the
closing of many iron-works in the Pittsburg
district.
COURSE or PRICES.
In pig iron the price has advanced about
so cents, and manufactured iron is strong
The glass trade is good The copper produ-
GERS have agreed to continue present prices.
Tin is weaker abroad, but the American
demand is larger than ever, and lead is dull
at 3.S5 cents. In wool and woolen goods
there is not much change. Sales have been
light and spinners still buy sparingly. The
market for cotton goods is more sat sfac-
tory, but the market for raw cotton does
not yield though the new crop is now ex-
pected to be large, and from two TO three
weeks earlier. In boots aud shoes the Sc
verify of competition makes profits very
narrow. Rubber is weak and declining
With steady improvement in the reports
from the Northwest, wheat has declined
three-eighths of cent on sales of only
100000 bushels, and corn half cent
on sales of 5, 10000 bushels. Oats are near.
ly a cent lower and hogs 10 cents per 100
pounds. In oil there is an advance OF half
cent, and in coffee prices have been lifted
three fourths Of cent. Sugar is strictly
nominal, with six and one.third cents
quoted rs above any bid at present obtaina.
bic, and the narrative that an international
syndicate is getting ready to buy Cuba from
Spain and to control all sources OF
supply Of raw sugar may be mentioned as
indicating the difficulties which the trust
and the Madgebnrg syndicate begin to real.
ize.
STRONG AND HIGHrA
The stock market has been sf.ong and af
vancing A rational explanation is that
railroads are assured of large fall business,
and SO will be powerfully pressed to adjust
differences, if only for time. The average
price of the more active stocks is about 81 60
per share higher than a week ago and for
eign realizing no longer appears. The tend
ancy of capital toward industrial combina-
tons may have naturally been checked or
late, and this would lessen the disposition to
realize on good securities. During the week
the Treasury has taken in $i,0O0,0)O more
than it has paid out, but the merchandise ex.
ports from New York for the week were
nearly 3Oper cent. above last years, with an
increase of about ~ per cent. in imports.
The business failures number POI, as com.
pared with Il total of 2lO last week, and PIG
the week previous. For the corresponding
l. L. L..