The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1889-07-12
TRADE OF THE week.
Unusually Good Trade Activ-
ity Make aCood Outlook
clearinghouse Returns of Trade 80
Per Cent in EXCESS Of Inst Year.
Favorable Accounts From
Interior Points


AS noted in special Telegram, I" Rrud-
streets, now that half yearly stock -tnkings
are showing the actual results, there has heen
rather more encouraging view taken of
the state OF general trade, particularly at
Philadelphia, Baltimore. Boston, Kansas
City and Chicago. Merchants now arc look.
ing ahead to tho, autunns husinoas with
rather more confidence, particularly at the
West, where crop reports continue ,,uitu
favorable and where there is reportod tho
largest demand for agricultural implements
in Missouri, Kansas, and Nobrnska Tor three
years
Trade tns been quiet In Ls,uisiaua, owing
70 It's being tho end Of the month, aud to th o
backward though improving cane and rico
crops. There Is too much rnn In Tcxas
Hogs have advanced lGal5c ut leading
W,stern centres with receipts not up To ie-
mand. Cleveland expects the seasons lake
iron ore shipment to amount to 5000 hND
tons the largest on record.
Exhausted by tho speculative cxciterisnt
In trust stocks the Ns. York stock market
has succumbed to tho Influence Of higher
money, prices being lower and trading stag
naut. Bonds arc firm and primn issues
s,nrce. Money Mt New York is sensitiv and
tie loan market disturbed by preparations
Tor the July disbursements. Call loars 4s5
Isr cent. At all important money centres
throughout tho country funds arc firinrr,
and Mt somo there nro moderate advances i'm
ra es. Foreign exchange is weak, with iirmor
money market. Demand sterling is 4 SSl
$50, but francs ar. still high. aud about
1000 ,Un In gold was shipped To Paris.
Sem annual stock taking sales by New
York dry goods Johbers nre at a reduction
of 5I3) pcr cent from regular rates. induced
a heavy movement i'm seasunablu cotton AM,
wo,en goo is. Staple fabrics showed tho
SIN nest ana fancy dress goods the largest
reductions. With agents there is moro
strength. Dark prints and ginghams. and
wtolen and worsted dress goods, are most
active. Print cloths are IN good demand
with manufacturers slow to sell at tho nd
vance OF l-l6c Some makes OF cassimerps
nave been opened Mt nu advance OF g per
cent over last season. Wool is active Mt
interior markets and prices are strong. Ar
rivals ut the seaboard are increasing. Most
oil the ONO clip is reported out Of first hands
Raw cotton is active nt New York. OId
crop future prices have strengthened
Rnw sugars are restricted fferings aud
freezer inquiry advanced IsrI4c. I.icht's
latest estimate of tho beet crop ia redu,yi
75.O00 to 2,9iO,OOU tons. The prediction Ia
made that Inadequate supplies Of sugar
will result In high prices through the coming
yenr." Sugar Trust certificates have touch
Ell .26, and reacted ~ l. Il this week. Heavy
receipts OF coffee at primary Brazilian mar.
kets and adverse cah!o ndyiccs from Euro
pean markets resulted in large sales and
liquidnting orders and decline Of l. 95c on
the week.
Wheat Hour liz moro active and prices ara
stronger A very faw North Mestarp- -,i,iIIeFs
ore said to control all Of the old Spring
wheat on hand Reports OF damage To wheat
abroad and at home and firmer foreign mar.
sa;s iTiiuve,i speculative trading and an al.
vance in wheat OF 2l4c Indian corn is up
ana 81 %@r oa as aSTs %S"a EHRorts ts g tsc:
this week aggregate .t,55, ,S5l bushels, against
,lO5.Sl0 bushels last week and 1868, l97
bushels for the week ending June 81. 1883