The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-08-20
FINANCE N And TRADE.
The Great Strikes Have No Ap-
preciable Effect on Business.
BUSINESS DISTINCTLY IMPROVED

A Slight Decline in Wheat While
Corn Has AdvancedAThe Print
Goods Trade Enormous in tht
East-Exports from New York E1
coed Last Year by Seven Per Cent
NEW YORK, Aug. OR. G.. Dun &
Co.'s weekly review of trade says
Later advices from the west promis'
rather better crops of wheat and corn
and cotton prospects are little better.
though neither yield will approach that
Of last year. With abundant supplies
brought over, the outlook is 80 good
q that business distinctly improves and
the prospect for fall trade is everywhere
considered bright. The great strikes in
New York, Pennsylvania and Tennes-
see appear to have scarcely an appreci.
able effect upon business, and though
interruption of traffic is threatened on
many important railroads stocks are
generally steady or strong, closing but
small fraction lower than week ago,
More gold has gone abroad, but money
is abundant and easy, and collections
in almost all quarters are more salts
IaCtt Ty tnau usual.
Promising Outlook for Corn.
Wheat has been weaker and declined
three-quarters of u cent. with western
receipts exceeding 100000 bushels in
four days, while Atlantic exports were
not 100000 bushels, and sales here
only 16,000,000 bushels. Reports of har
vesting in spring wheat regions are
more encouraging. Corn has advanced
g q aha1r
mainly because of possible interruption
of traffic for western reports are defin-
itely more promising, especially as to
Kansas and Illinois. Oats have declined
only quarter, but lard is a shade
stronger In cotton q further decline
of a sixteenth has occurred, and sales
have been 59S, 900 bales the actual move
ment at this time being insignificant,
while crop prospects, with the heavy
stocks on hand, tend to depress prices.
Trade is quiet in the east and in re-
tail lines moderate, with stocks well
cleaned up. Orders for dress goods from
the west are large and cotton jobbers
have no difficulty in selling the whole
production, higher prices for bleached
goods being expected. The print cloth
trade is enormous. Boot and shoe trade
is healthy, though profits are small.
Nbul is larry dCblFe anu uTlIl anu ln6
outlook rosy. Hardware is firmer and
an advance expected. Groceries are in
good demand, some at better prices, and
the tobacco crop promises well.
Active Demand for Iron.
Western iron mills have not fully re-
sumed, but the present demand for bar,
plates, sheets and structural iron is very
active, and mills are full of orders.
Cottons are in great demand and firm.
Carpets are quite, active, with an ad-
vance of 2i cents in ingrains In fall
woolens business is heavy, but orders
for spring goods are rather smaller and
more largely in low grades. Business
in dress goods crowds the manufac-
turers, many having sold more than
they may be able to deliver.
Exports from New York for two
weeks have exceeded last years by per
cent, but imports are enormous for the
season, for two weeks at New York 80
per cent. greater than last year. As
cotton may not be largely required
abroad for some time, continued ex-
ports Of gold are not surprising, but for
the week are not large. Treasury re-
serves have been reduced only 5000, 900,
and no change has been made in CIR
culation, and on the whole the fnan-
cIal outlook is satisfactory.
Business Failures
The business failures occurring
throughout the country during the last
seven days number for the United States
173, Canada %, total 1877, against 1Sa
last week and 1874 the week previous to
the last, and 216 for the corresponding
week of last year.