The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-09-24
THE TRADE and FINANCE.
The General Tenor Of Trade Is
Exceedingly Favorable.
MONEY MARKET AT PRESENT QUIET

Merchandise Exports Show n De-
cline While In Imports There Has
Been Considerable Increase-For-
eign Exchange Broken Down.
Gold Shipments Stopped. ..
New York, Sept. Par. g. Dunn
q Co.'S weekly review of trade says:
The alarm about cholera has vanished,
and trade in every direction shows all
the improvement that was expected
The south is little dull because cotton
is low in price and late, but little i'm
provement has been seen during the past
week In few quarters at the west
farmers are holding back wheat for
higher prices so that collections are re-
tarded. But the general tenor of ad-
vites is exceedingly favorable. The
volume of business continues larger than
year ago. Collections are exception
ally goad on the whole, and although
money is inactive and increasing demand
at nearly all points, the supply is ample
for all legitimate needs. Gold exports
have ceased, foreign exchange has de-
clined, and the money market is at pres
ent without disturbing features.
Wheat Recovering III Price.
Speculation is not on the whole active
enough TO have disturbing influence.
Wheat has recovered l 3S cents from
the extremely low price of week ago,
but sales have been only 5000, 900 bush
els. Western receipts in four days have
been 100000 bushels, while the exports
from Atlantic ports have been 953 900.
Foreign advices no longer promise an un-
.1 Al
year. Corn has declined 2 Ia cents and
oats "a of a cent, partly ON more hope
full news from the growing states. Tho
crop is late and thus far much behind
orders. Pork products are shade
stronger, but oil is 5-S lower.
Pig iron is firmer, but bar iron is
slightly easier, some slackening is seen
in plates. Large sales of copper, mt
II IL cents are reported, and lead is
slack at 40, with Tin steady at 20.15
cents. Coal is active in retail trade, and
shipments for the year show an increase
of per cent. The demand for mems
fall wooiens is surprisingly large, old
stocks being rapidly cleared off, and it
has been a big season in cloalSings, while
in dress goods trade is still very heavy.
Cotton goods are full of activity, some
qualities having advanced little, prints
are in pressing demand, and print cloths
quoted at 3 1-2 cents for 61s. In wool.
increasing activity is seen, the sales far
exceeding last years, and carpet wool is
especially firm and scarce.
a Decline in Exports.
Foreign exchange has suddenly broken
down to S4.S6 3-4 and money here has
declined from to 1-2 per cent. while
at London the rate is per cent. The
treasury has taken in 81 HOO 600 in gold,
but has paid out 100000 in silver and
$4,000, 600 more paper during the week.
Merchandise exports from New York foT
three weeks show a decline of 25 per
cent from last year, while in imports
there is considerable increase, and the
August report shows large excess OF
imports, more than S12 000,0
The business failures occurring through
out the country during the last seven
days number for the United States 1888,
Canada 23, total 211, as compared with
1872 last week, 179 the week previous t.
the last and pa for the corresponding
week of last year.
Bradstreets report on the state Of trade
in Canada says: At Montreal the large
number of country visitors to the exhi-
Lition has resulted in heavier sales by re-
tailers and jobbers. The outlook is said
to favor good trade. Business is some
what less active Mt Toronto than last
week and collections are slow.