The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1890-07-24
FINANCE AND TRADE.
WEEKLY COMMERCIAL REVIEW.
Tho Latest Reports Received By Dun's
Agency.

Nrw YoRK, July ls.--R. q. Dun & Co.'S
weekly review Of trade says: The Silver bill
has been passed and is signed by the Presi.
dent, but has had scarcely any effect on the
market as yet, excepting the advance in bar
tlver to > 3id, followed by decline TO sod.
No change appears in money markets, and
foreign exchange remains steady at "A point
which admits exports Of gold, engagements
for to-day being half million for Germany.
The bank OF England lost sl.j0 900 during
he week, and the later advices from South
America are less encouraging. The indus
trial outlook is not improved by delays in
congress, nor by drought in some Western
states which seems likely to cut down the
yield of wheat.
INCREASED VOLUME or BUSINESS.
The volume Of business still continues
very large for the season, and the prevailing
tone in most every department Of trade is
confident and hopeful Western hides are
higher. and there is good retail trade in
summer goods though wholesale trade is
quiet. Cotton goods are strong but wool
Iavors buyers.
The Chicago Board Of Trade statistics con
iinue 10 show great increase over last year
in movement of all grains and -four and in
meats, the increase in dressed beef being
three fold. and in lard, cheese and butter
large, with considerable gain in live
stock wool and hides. Boot
and shoe sales are little slack
but l.. y goods and clothing last year sales
are surpassed and payments are good. Cleve.
land notes the largest trade since last year,
though seasonahly quiet AZ present, and sub
.tantally the same is reported from Detroit
and 81. Paul. Minneapolis increases it,
weeks output Of -four above lO0,0O barrels,
aud reports strong lumber market Trade
is good at Omaha and Denver, but dull and
inactive at Jacksonville The livestock
movement at Kansas city is large, but al
low prices.
RITTER TONE ~ IRON.
A rather better tone is reported in the
Philadelphia iron market. shipments for
six months have been 3..Oj tons, and sale,
made already cover about three months
more of production. Large consumption Of
copper sus,ains the price at II cents, and
manipulation hds Ildteu ul NJ -t'b CeUNsi
out lead is dull n, 81 cents Coal is lower.
Wool is duh and in limited demand. No
definite improvement is seen in the woolen
goods market; Little is doing at present in
knit goods. The speculative markets have
been curiously variable. Wheat is more
than half cent lower than week
ago, Notwithstanding some evi dence
o: injury from drouth; the stock
carried over from tie last crop year is esti'
mated at 6DOJO,OOc TO 100000 bushels,
which, with a yield even smaller than is
now expected, will more than meet all prob
able requirements. Corn has advanced near
t. half a cent higher again in spite of favor
able corn prospects. Hogs AMI prk pro-
ducts are weaker, and coffee unchanged,
though the distribution was very moderate.
Raw sugar has been advanced sixteenth,
though refined is'lower and the Spreckles
product is offered below that of the trust
The business failures occurring through.
out the country during the last seven days
number 2O7, as compared with total OF
| lg7 asst week. For the corresponding week
! Of last year the figures were .OS.