The Wilmington daily Republican., 1891-06-06
FINANCE AND TRADE.
Heavy Exports Of Coin Have Little
Effect on Business.
SHIPMENTS OF $e,ooo,ooo I'M GOLD.

In tho Face of This Large Export
Trade, While Laboring Under the
Depression Usual at This Season
of the Year, Is Everywhere Hope
ful-A Bountiful Harvest.
New York, June 6.-R. G. Dun g.
Co.'s weekly review Of trade says:
While decided activity is hardly ex-
pected now until after the close of the
fiscal year, it continues to be matter of
surprise and congratulation that the
money markets and trade have been so
well sustained in spite of heavy exports
of gold. The exports this week have
already been about 81 900, 900, and from
orders thus far it expected that g., ,0OO,-
600 more will go out today. The exports
of products are larger than year ago,
with not much difference in imports,
but the excess of imports We're large at
this time last year. The New York
money market has been easy, rates on
call dropping from 81 to 3per cent, with
heavy receipts from the interior. Re-
ports from other cities show that money
is tighter at st. Louis, tight at Nash
vile, frmer at New Orleans and Pitts
burg, in hardly adequate supply at
Cleveland, not stringent but affected by
dist1ust on account of city finances at
Philadelphia, firm at Boston, in good de-
mand in Chicago and Milwaukee, but
with supply for all legitimate needs, and
easy at all other points reporting.
A Hopeful Outlook.
Trade is not very active, but almost
everywhere hopeful. Failures at Bos-
ton have made shoe manufacturers eau
tious, but there is a belief that the worst
is over, and that fall trade will be very
active. The exposures of official and
banking misconduct at Philadelphia
tend to make business inactive. Through
out the south and west the fine crop
prospects give encouragement, almost
the only complaint now coming from
New Orleans of drought in the adjoin-
ing region. In the northwest continu-
GUS rains have made the prospect un-
surpassed. Chicago reports larger re-
ce1pts than year ago. st. Louis notes
fair volume of trade, Milwaukee great
improvement from rains and st. Paul
also, while at Minneapolis the lumber
trade is unsurpassed. At Omaha and
Denver trade is fair, and at Kansas
City dull because of too wet weather.
At Louisville the outlook is good, but at
Nashville heavy dry goods failure
causes some depression, and there is no
improvement at Memphis. New Or
leans reports trade dull. At Savannah
trade improves, and at Jacksonville is
quite steady.
In the Great Industries.
In the great industries there is a bet
ter demand for iron, as yet without
change in prices. More orders for struc-
tural iron come from the break in the
building strikes, and especial activity
appears in the boot and shoe trades.
Sales of some cotton goods are recorded
at the lowest prices ever made. Wool
moves slowly, but yielding at the west
gives better prospect. In breadstuffs
the decline continues. Pork3products
are lower and coffee about three
eighths lower, while tin, copper and
lead are all stronger. In general the
approach of harvest which is expected
to be most bountiful has its natural ef-
feet on prices, and trade is but little em-
barrassed by speculative movements.
Business Failures.
Tho business failures occurring
throughout the country during the last
seven days number for the United States
gil, and for Canada IS, or a total of 224,
as compared with total of 254 last
week, PAT the week previous to the last
and 205 for the corresponding week of
last year.
Wanted TO Kill Himself