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

NEw YoRK, July is.-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
,ilver to 5 3id, followed by decline TO sod.
No change appears in money markets, and
foreign exchange remains steady at point
which admits exports of gold engagements
Tor to-day being half million for Germany.
The bank OF Eng'and lost 81 20 900 during
.he week, and the later advices from South
America are less encouraging. The indus
!ral outlook is not improved by delays in
congress, nor by drought in some Western
States which seems likely to cut down the
Ficld 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
tavors buyers.
The Chicago Board Of Trade statistics con.
,inue to show a Creat increase over last year
IN movement of all grains aud -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 n little slack
but in dry goods and clothing last year sale,
are surpassed and payments are good. Cleve.
land notes the largest trade since last year,
though seasonably quiet at present, and sub.
,tant.ally the same is reported from Detroit
and St. Paul, Minneapolis increases It's
week outpu, Of -four above 10000 barrels,
AID reports strong lumber market Trad,
is good at Omaha and Denver but dull and
inactive at jacksonville. The livestock
movement at Kansas city is large, but at
low prices.
ETTTER TONE ~ IRON.
A rather better tone is reported in the
Philadelphia iron market. Shipments for
made already cover about three months
more of production. Large consumption oi
copper sustains the price at II cents, and
manipulation las placed tin at 2l.5j cents,
out lead is duh at 81 cents. Coal IS lower.
Wool is dull 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
0: injury from drouth; the stock
carried over from TIE last crop year is esti'
mated at 60OJO,OOc TO 100000 bushels,
which, with q yield even smaller than is
now expected will more than meet all prob
able requirements. Corn has advanced near
ly half 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 Spreck les
product is offered below that of the trust.
The business failures occurring through
put the country during the last seven days
number 2O7, as compared with a total Of
l97 ast week. For the corresponding week
Of last year the figures were .O3.