The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1891-08-22
THE CONDITION OF TRADE.

Tbs General State Of business Through
otf the Country a. fistreted Thorough
K: I. Dun & Goa wSekiS Hetie~-fhe
Gfain Markets OF this Mofld Anecied by
Rhssia's Bye CRnse-ThS troT Prospects
of. The 6ointtS Decidedly Ffatteri1y;
and the Eject Being. Felt m Bdsiness-
Failures for the Week, Etc:
New YORK. Aug. 16-R. 6. Dun &
Co.'S weekly review of trade saws:
The prohibition of exports OF rye by Rus
sia because Of the official declaration that
famine is impending, has suddenly affected
the grain markets of the whole world. Rus
sia usually exports about So Oo1.0a1 bushels
of rye, and men reason that other grain in
large Quantities wih be required. Crop
prospects grow brighter every day, and
with assurance that the country will not
only have enormous supplies Of grain, but d
market for il 1T good prices, business is i'm.
prot ing throughout the iiorth: 1ae moy.E
nieIt begins close to tile FARMS; country
| merchants are buying more freely: and their
purchases are felt by wholesalers and manu-
factIrers Trade at Boston shows Improve
mcnt, wool sales relching s.TJ2 90 pounds:
and the demand for goods is improviny ::
Cotton goods are also in better demand. At
Philadelphia there is general Improvement.
particularly i'll wool and wOOlens, in dress
goods. H. pants, and in tobacco. At Cleve-
land tradel-hows some Improvement, thou IN
iron is dcmoraliZed. A. Fort Wayne i'm
proyeiscnt is noticed. although the building
trade is 20 per cent behind last years; but
at C.ncihi;ati trade i- oniy fair, southern
business being smdllcr. 1t chicago Increase
Is noted in aim st every branch of trade cxs
cept cured meats. with wheat receipts fvc=
fold last years. At 81. Louis busi-
ness Is increasing in almost all
liEcs, though lumber ntii building
ia
the cattle and packing trades are light and
wheat not moving fr, ely; but general trade
Is improving and healthy. At 81. Paul busi-
ness - unp>u IIly triss and country mer-
chants are buviug very freelS. The -cuth is
in very diff-r ut condition. Tiie gfedt
surplus Of cotton last year. and the Prospect
of an equally large crop this year, threaten
lower price than producers can stand, and
trade and collections are both poor in that
section. There Is distinct Improvement
in the demand for cotton goods,
which the mills now produce with profit ut
lptcF prices than ever. Actual sales Of
cihthing and 6f wo6ler sOris arpn r to be
larger in tile aggregate than ever Int the
Manufacturers are embarrassed By Conf
paratlvc scantincss of orders for tile futurd
The monet r. uncertainty oPcrltes to pre-
vent large commitments in advance. Im-
provement in iron is felt Mt Philadelphia as
to the better grades Bar iron is dull, but
the demand equals the supply in plate and
structural iron. and the prospects ure CON
sidered good In rails nothing is doing. and
sales in July for the whole country were but
S2.010 tons. against actual shipments OF 49,.
I6 tons Exports Of wheat for the plst
Week hIye ban three times list years, AMI
western receipts Average about I,h10.0p
bushels daily, Though in sbnie quarters tho
movement Ia rctarl led by the hoIie of d
higher marxet Tin has declin ii here to
~ - cents for August, but is higher in Lon
don. and = lies OF LAKE copper are REPORTED
at lIa5 cents. Labor troubles In th6
Omaha smeliin. works have ad-
vanccd the price Of lead to a.. cents;
and the coal concerns have agreed upon an
advance of Is cents for egg aud ~ for stove.
to tIke effe't September ]. although the
market is still dull aud the shipments sine
January I have been 2.s93.5 .51l tons greater
than last year. The advance in prices dur.
ing the past week has averaged nearly 2 per
cent. for all commodities. Foreign trade
continues to improve. for while imports
have declInrd largely. the exports for two
weeks of August hav. exceeded bv nearly "a
per cent. those of the corresponding weeks
last year. In the main the interior money
markets are in fairly good condition cN-
ceptins at the south. aud at Philadelphia
confidence is gaining: at Boston rates are
ea~y; at Chicago money IL in healthy de-
mlnd, with supply sufficient for legitimate
trade, aud at st. Louis rates are to per
cent. with no money going into speculation
except in grain. II Europe is able to send
cash for all the food it will require this yelr,
it is probable that the country will not lack
money long.
The business failures occurring through
out the country during the last seven days,
number, for the United States, 2l2. and for
Canada. -, or tot Il Of 22f, as cnmplred
x at nj nf Iasf fnr he
week previous to the last. For the CORE
spending week Of last year the figures were
49, representing Ia failures In the United
States and q in the Dominion of Canada