Telegram-herald., 1891-08-12

what Dradssxests' ssys Of Lest Wssh's
COMMERCIAL Aspects.

Special kilograms 10 Bradstreet's
points TO no increase or decrease ia the
volume OF general Hade. The de-
nraDds for seasonable staple mer :.
ehandise are fairy active. ChicsSo.
-. Louis. Kansas City ana San Fran
cisco report increasing volumes OF bust
ness. but at Philadelphia, New Orleans,
Dallath, Omaha, New York and Boston
there has been no corresponding ex-
pension. while at Cincinpati an aetuai
sircrra-e j. reported. IL IL worth not
iIag that there has been a marked in
crease in the demand for p.g iron at
Eastern eenters.
Boots and shoes. which have re-
Gently been more active. are in slower
request again, and this reacts upon
leather. Lumber at nearly all lead
ing markets continues slow of sale, and
even at several enterprising western
distributing points some varieties OF
Dry goods, notions and clothing are
not in active request. Drugs are in
better Demand. dnd some lines of
shesiware as well, while grocery
ranged 3-l6r lower, are in only mod
crate request, but steady in price.
business failures in the United States
number 21s. against 200 last week
aud l55 this week last year. The
total January l To date is 1885
against 6355 last year.
There is some Improvement in the
demand for dry goods, jobbing being
most notably active at New York and
Boston, with cotton and wooden dress
goods chiefly In request. Changes in
prices are few. Collections are good.
except from the South. Raw wool
Is in moderately fair request. but the
recent increased demand at Western
markets has declined, with nearly all
domestic grades lower than year
ago. Raw cotton is duh and 1-Sc.
higher in price. New Orleans reports
some damage from worms.
Crop reports generally are quite IA
vorable, with the exception that esti-
mates of the Louisiana rice output
have been reduced Recent rains have
greatly favored Indian corn in Iowa,
Nebraska, Missouri and Kansas. Re-
coipts OF winter wheat at primary
markets continue very heavy, in spite
oi which quotations remain fairly
steady.
Exclusive cable advices to Brad
streets Indicate that while domestic
stocks OF wheat. both coasts, increased
2.141 900 bushels during July, by
counting stocks available in Europe
and afloat therefor, the grand total
increase last month was 2.469. 900
=, t,,.p b~t Ink
extraordinary heavy exports of wheat
to Europe last month served only to
enhance stocks ailoat for Europe and
in Europe $685. bushels. During
July 1890, stocks OF wheat here. in
Europe and afloat for Europe de-
creased 363 900 bushels, but in July,
1889, the aggregate increased more
than In July this year, 2,S3i,O00
bushels. Available wheat in the
United States and Canada equeled
20. 76.O 900 bushels August 1, 1,tOO,-
600 bushels less than n year ago, but
3.16O,OOO bushels more than on Aug
ust 1, 1889. Europe, United States,
Canada and the high seas presented
an aggregate of S5,S64 900 bushels
of wheat on August 1. against 68,-
S22 900 bushels a year before, and
69. i 80 900 bushels two years before.
Exports OF wheat and flour as wheat
from both coasts OF the United States
have increased fully 25 per cent.
within a week. equaling 100000
bushels, a weekly aggregate unrivaled
since July and August, 1887. In the
first week OF August. 1890. the total
lAven including Montrears EXPORTS
I was 2,166, 600 bushels; in 1889 1t was
2.OJ6. 900 bushels and in 1883 2.211.-
900 ushcl. Fo five week o. thc new
cereal year we have exported II ,000..
600 bushels of wheat (and flour
rs wheat). against $4,000. 900 bushels
from the United States (and Canada)
I'm the like period OF 1890. 100000
bushels from the United states in the
weeks in 1889 and 9,S00,00O bushels
in 1883.
Share speculation IL narrow, and
the market has not been free from
disturbing influences. The condition
OF Union pacifics floating debt furnish
ce OCCASION for a short depression In
that stock. The general market, how
ever. has improved, and shows n dis
position to respond to the crop news
the export movement and the contin-
ued fall o. European exchange. st rlinl
| il, 1c. on on the lower, and gold i'm
ports are confidently expected with
fin q month. Money is abundant In
| New York, but lack OF confidence and
apprehensions OF stringency still make
a close situation regarding loans and
commercial paper. The bond market
| though sthgnant, has improved n lit
/ tie.
Bank rlearings in July make a bet
| ter showing than in MAY or June
but remain y per cent behind the total
| for July 1890. For seven months the
| decrease IL slightly heavier. New York
| July clcarings are 2.6 per cent behind
| those of last year. and this with heavy
| decreases at Philadelphia and Bos-
| ton, account for the net decrease In the
| grand total. Chicago and San Fran
| cisco show the largest gains. The
| decrease Of the total for other cities
| than New York Is only 81 per cent
| The July total for fIfty-eight cities ag.
| gregates 4 ,420. 900 900, and for seven
months It amounts to S31 .5S1 .0o0, ,00O
| n decrease Of 90 pcr cent. from the
seven months total in 1890.
| Dominion advices are more favor.
| able. In the Province Of Quebcc the
general trade outlook has improved
| and in Ontario the movement Of sta.
| pies 1as begun 10 increase. Wheat
crop prospects throughout are excel
| lent. and Bradstrect's advices are that
the Canadian surplus for export will
amount TO 1000. 900 bushels. Tho
Dominion reports 90 business failures
| this week. against 90 last week and
~ne e.r
number January ! TO date In 1.1fo
against e95 last year.
CbtfdYtp Eut-V