The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-07-30
FINANCE AND TRADE.
All Kinds Of Business Effected
by the Weathel
THE CROP OUTLOOK IMPROVING.

Money is Extremely Easy-specuIa-
tion Cyriosly Affected by the Pos
sible Failure OF the HATCH Anti
Option Bill-Business Failures in
This Country and Canada.
New YORK; July 8o.-R. g. Dun &
Co.'S weekly review of trade will say:
Extreme hot weather for an entire week
has checked many kinds Of business, but
has not prevented considerable excess
in the volume of trade over that of last
year. The crop outlook on the whole is
decidedly improving. Money has been
abundant and cheap. and collections
generally good for the season, and there
are no signs Of threatened disturbance.
The great interruption of iron and
steel manufacture at the west con-
tinues, but there are distinct signs of
probable settlement. Finished products
of iron and steel are stronger and So to
N per ton higher, but greater demoral-
ization is expected in pig iron unless
more of the consuming works start
speedily. Bar and sheet iron are very
active, and manufacturers of plate and
structural iron have more orders than
tney can Wen hanoie, Dut no improve
ment is seen in rails.
The Anti-Option Bill.
Speculation has been curiously
affected by the prospect that the Hatch
anti-option bill will fail, and while cot
ton has advanced a quarter with enor-
nous sales Of TIC, 600 bales, and lard and
coffee are higher, and corn three-quar-
ters of cent higher for early delivery,
the supply being scarce, wheat has
ell m -, u 1z.a< 6 4
600 bushels and oats half cent. West
ern receipts of wheat are heavy, 3,544,-
600 bushels in four days against exports
of 956, 600 bushels. Receipts of cotton
are light and exports slightly more than
last year, but sales of phantom stock
exceed sales tangible aud visible cotton
about fifty to one. The syndicate is
said to have sold out all its copper and
the price is strong at III to IL cents,
but lead is weak with some sales ut 4
cents; and tin with quotations at 20.45
cents. Sales of coal are not discovera-
BILE, and it is called the dullest July on
record, but another screw upward in
prices is expected.
81 100000 in Gold Exported.
Money has been extremely easy at II
per cent, and from nearly all points
come reports that the markets are well
supplied and the demand Ogenerally
some. Yet the exports of about 81 ,000,-
600 in gold this week are not altogether
encouraging to those who calculate that
with congress out of the way a better
foreign demand for American securities
may be expected. 1t often happens that
such hopes are unrealized. The treasury
is gradually Strengthening itself, as is
needful and comparatively easy at this
season, but when the fall demand for
money to move crops begins in earnest
pressure in the money markets may
speedily appear unless gold comes back
from abroad in large amounts. Ameri-
can buyers of stock are encouraged by
improved crop prospects and by the be-
lief that the traffic in connection with
the Worlds fair will help all the trunk
lines, and during the past week stocks
have been dull, but fairly strong.
business Failures.
Tho business failures occurring
throughout the country during the last
seven days number for the United States
III, Canada 22, total 1893, against 1877
last week and 100 the week previous to
the last, and 247 for the corresponding
week of last year.