Indian chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1882-1902, 1891-08-06
WEEKLY TRADE REVIEW.
business Continues Dragging, but tho
Fall outlook a. Fine.

Fall outlook IL Zine.
NEW YoRK, Aug. Ar G. Dun 4
Co.'S weekly review OF trade says
Business continues dragging and dull
In commercial circles there seems to be
very general and growing coincidence
that the business OF the fall will be
large and profitable, and some i'm.
proyement Is seen, but not enaugh as
yet TO justify sanguine Views. Trade
at the south is peculiarly depressed be-
cause there is too much cotton. Again.
IN parts OF the west where crops failed
last year trade has not yet recovered
| from the depression resulting, and as
| long as the corn crop Is in doubt, com
plete recovery Is not expected. In sew
eral states legislation hostile to capital
causes much disturbance Further.
the collapse OF real estate speculation
In many parts OF the west and south has
brought severe losses and embarrass-
ment 10 many.
AT the east monetary uncertainties
have a powerful influence European
difficulties do not pass as quickly OF
fully as was expected, and now serious
financial trouble Is apprehcnded in
Russia because OF failure OF crops which
will only help this country In the end.
Then Is growing doubt whether the
movement OF crops here will not cause
temporary drain greater than eastern
money markets can meet; but II the
grain can be sold the gold will come.
One large financial institution has
bought English consols to consider
able amount and IA leading trust COM
pany is said TO have 81, 600, 600 Of its
deposits In gold Though no gold has
been exported the outgo OF currency to
the west and south is felt here and at
Boston. Money Is close al Bufal1 and
Cleveland, in active demand at Chicago,
Cincinnati and Detroit flrmer at Z and
: per cent at St Louis, in good supply
for legitimate business at Milwaukee,
close at Omaha. Nashville and Atlanta,
light at Jacksonville, but easier at Sa-
yannah and in fair supply at New Or
leans.
Business at Boston has further i'm
proved. Hides arc dull and domestic
lower at the west Philadelphia notes
more frequent orders for wool and wool
lens and improvement In the tobacco
trade. and while money is freely loaned
on call time, loans are almost impOs-
sible 10 make. At Hartford and Buffalo
trade Is quiet, but the demand for lum-
Der improves; Pittsburg business is un-
changed aud rather slow; al Cleveland
fairly good for the season and at Cinci-
natl somewhat active, Chicago reports
receipts Of wheat seven times last years.
OF rye, cured meats. lard and wool
double last years: OF dressed beef a
third larger with some increase ia
cheese and butter. Dry goods sales are
slightly larger and good orders are
seen for clothing and shoes. AT Omaha
trade Is fair, and at Milwaukee satisfac-
tory and increasing activity is noted
Throughout the northwest the prospect
Of crops is exceedingly good, but al
Kansas CITY wet weather inierfercs
with harvesting. Tho distribution OF
goods is on large scale at st. Louis
and at southern points business is dull
or only fair though curiously improved
at one or two localities because of injur;
10 cotton by heavy rains
The great industries show no imp0r-
tant change for the week, though itl
must be said that dishearteument iu the
WOolen goods trade seems 10 ingrsass.
and IL Is admitted that sales are not
equal to last years, though the trade was
dragging then. Much of the trouble is
attributed TO excessive credits In the
trade In boots and shoes
there is continued improvement, and
Boston shipments since July 2nd have
largely exceeded those OF the same
weeks last year. The coal trade is still
depressed by excessive production the
output exceeding last year TO date by
>, 700, 900 tons. Copper is still de
pressed by the apathy OF home con
and there is very lii
tie trade in lead. while specula.
tion has lifted and again depressed |
the price OF tin. Philadelphia Describes !
the iron market as frightfully dull and |
sales 10 realize are made al prices con- |
slderahly below the quotations. Struci- |
ural mills are we'll supplied for the !
present and bar iron is steady. but |
plates are irregular: buyers refrain |
from taking rails and the lower grades |
Of pig-iron are ofe red here below quo |
tations. The market for brcadsiuls |
has been strengthened by reports OF in |
jury to the crop in Russia, and wheat |
has risen cents and corn cent. while |
no change appears in cotton. The |
price OF oil has fallen over 5 cents for |
the week, but pork products are a shade |
stronger. The business failures occur |
ring throughout the country during |
the last seven days number pa as com |
pared with total Of 25i last week. |
For the corresponding week OF last year I
the figures were lS9