Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-08-02
THE COUNTRY'S TRADE.
E. 6. Dun & Co.'s Weekly Review
Throughout the United States.
without Exception the Trade Conditions are
Favorable, Monetary and Otherwise.
The Weeks Fail ures.

NEW York, Aug. 1.-R. G. Dun &
Co.'S. weekly review of trade says:
Heavy exports of gold, 81 200, 200
having been engaged for Saturday, and
the advance OF the Bank of England
rate from to per cent. have altered
the monetary outlook for the present.
Merchandise imports are very heavy for
the four weeks at New York, having ex-
ceeded last years by % per cent. or
Sc, 800 900, and yet the months imports
last year were ST., 800, 600, but exports
from New York for the four weeks have
been 81 ,220 200 less than last year, or
nearly 9 per cent. and the months ex-
ports last year from all ports were but
S52 ,258 ,2l9. These figures indicate q
very heavy excess of imports. For July
cotton exports have been about IS ZOO
bales lees than last year, and ex-
ports OF wheat and flour have
of late been checked by high prices, but
for the month show gain. The prices
of commodities tend steadily upward
with the expectation OF an abundance
Of money land have risen one-half of l
per cent, during the week, and this
movement, Il prolonged, will tend to
cause shipments of gold instead of pro-
ducts. At almost all interior points the
money markets, as here rates have been
moderate thus far, and the supply
ample, however, and complaints of slow
collections, though little more frequent
than of late, are comparatively rare.
Accounts of trade are almost uniformly
satisfactory; slight falling off In some
lines is seen at St. Louis and rain Is
badly needed for crops in the region
tributary to Milwaukee, but for the mid
summer season the state of business IS
better than usual. Exchanges through
all clearing houses outside of New York
show gain over last year of ~ per cent.
At New Orleans Savannah and Memphis
business is satisfactory for the
season, and crop prospects are excellent,
so at Detroit, st. Louis, Kansas City and
Omaha business is good. The iron mar
ket appears rather more confident,
though no change can be observed in
prices. The wool manufacture changes
but little at Philadelphia, and here no
improvement is seen, and Western prices
are held too high for manufacturers.
The boot and shoe business shows no
weakening, and large number of
buyers are at Boston and are operating
freely. AT IHe TeceuI a(FEuce III pTlc6S,
both leather aud hides are firm. Fears
of injury to wheat and corn are caused
by very numerous reports from the Gen.
trail aud Western states, though esti-
mates of a yield of one hundred millions
of bushels of wheat in the Dakotas and
Minnesota, appear well supported by de-
tailed railway reports. In general, the
speculative markets show the influence
of anticipated currency expansion, but
reaction would be natural if the
outgo of gold ut the rate of
81 700 900 in a week should continue
to overbalance the expected purchases of
silver at the rate of 10 800 900 ounces in
a mouth. For sometime to come the
monetary outlook will therefore be
narrowly watched on account of its pos
sible influence upon the course of prices.
Business failures occurring throughout
the country during the last seven days
number 1S9, as compared with 1879 last
week. For the corresponding week of
last year the figures were 2l0.