Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1891-09-07
TRADE AND MONEY.

Our exports OF Wh6aU nave dSSuLH6O
gigantic proportions. Their volume
and the prospect that the demand
which they will continue constitute
most important and encouraging fea-
ture of the trade and money situation.
For July we exported s13, ,872, 832 worth
of wheat and -four, as against 81 ,299, ,741
in July of last year. The movement
during August has been far heavier
than during July. Expert predictions
are made that it will double the July
export and reach q, ,000, 600 bushels.
In the week ending August p we sent
abroad from the Atlantic seaboard
alone, the equivalent of 6,893, 1872 bush
eIs-nearly as much as for the whole of
July, 1890. In the first three weeks of
August we sent out Is, 1868, 1874 bushels
of wheat and flour, as against 5,169, ,454
bushels for the same period last year.
From exporting six or seven millions
of dollars to Europe every week we
have turned to exporting six or seven
millions bushels of wheat every week.
This fact in itself, even if there were
no other causes, would account for the
more confident feeling in business and
financial circles.
But there are other causes. Presi-
dent HARRIsON's firm stand for the
hundred cent dollar, to which THE
PRESS alluded lsat Monday, has had
great effect. 1t is taken as notice that
the administration will stand like arock
against the projected flood of silver
legislation; and it has been potent in
calming the apprehensions of those
who have been fearfully looking for
unlimited coinage in the near future.
The encouraging figures of the exhib-
its of net railway earnings for July,
which are now being classified, consti-
tute a cheering feature in the general
situation On the combined Eastern
and Western lines Of the Pennsylvania
road there has been an Increase over
last year of $3.50, 444 in gross earnings
and of S551, ,O59 net earnings. The Erie
reported the largest July earnings
since it was built, the gain over 1890
being 1914, ,268 in gross andS198, ,666 in
net.
The demand for staple manufactured
products shows a moderate increase.
Philadelphia and Boston report great
er activity in wool and worsteds, cloth
ing, lumber and leather. Fruits are
wonderfully abundant and cheap
everywhere. The fall trade in cloth
ing is very good. New England cotton
goods mills report good demand. Do
mestic wool markets are more encour-
aging. Manufacturers are reported
to be buying domestic fieeces freely.
The general iron and steel situation
remains much the same. Coal is neither
higher nor firmer. In the Philadelphia
iron market an improving tendency is
visible. In the Boston iron and metal
market prices are a little better than
for the week before last.
The local money market, under the
influence of the crop situation, has
manifested increased activity, with a
slight transient reaction at the close
of the week, caused by reports of dam
age to crops by frost in the Northwest.
New York banks sent 81, 200, 900 of their
surplus reserves to the West last week.
Bank clearlngs for fifty eight cities
for the week were 1905, ,O16, ,167.
GLOW TO CURE ALL SKIN sEAsEs.'-Simply
apply "Swayne's Ointment No internal medicine
required. Cures letter, eczema, itch, all erup-
tons on the face hands, nose, &C., leaving the SKIN
clear, white and healthy. Its great healing and
curative powers are possessed by other remedy.
Ask your druggist for Swayne's Ointment.