The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-09-17
THE STATE OF TRADE.
The Prospects for the Fall Re-
markably Good
EXPORTS FALL BELOW LAST YEAR

Tho Cholera Scare Has Not Affected
the Volume of Trade-Sales in tho
Stock Market - Exports of Gold
Unprofitable-T The Supply of Money
Ample.
New YoRK, Sept. l7.-R. g. Dunn
& Co.'s weekly review of trade says:
Cholera has landed and the business of
New York goes on exactly as If it had
not. Cars are as crowded with passen-
gers, and streets as badly blocked with
cart loads Of merchandise, as they were
one week or one year ago, which means
that the heaviest trade ever known at
this season is now in progress. The same
Is trne Of other cities, almost without
exception, and the outlook for fall trade
at all points is regarded as exceedingly
good. But many people are afraid that
all other people will be afraid, and con-
stquehtly Speculative markets decline.
Tho selling of stocks has been quite
heavy, and the decline in prices has
averaged about 81 per share for all the
active list Money is in ample supply
and the demand from the interior is less
than usual at this season, but large
amounta are held out Of the loan market
by people who aI e looking foI exceptional
opportunities to bny Chsatly.
There has bfaei; fnDCh talk about pesti-
lence us al 500 +, for low prices of
breahstuils nbI 01fAJu. But the fact is
that the enorTB1fE stocks brought over
from last year afford sufficient reason
for exceedingly low prices Receipts Of
t..a..t ~
four days of this week have been $780,
S33 bushels, while tho Atlantic exports
have been only ,Ob5, ,435 bushels, and it
is not strange that the price has declined
thice quarters of cent. At n 5-Sc.
wheat is lower than it ever has been in
New York, except in two days in 1884.
.. Decline in Corn and Oats.
Corn has declined 1-2 cents in sym
pathy. but it is also the fact that western
adviCes regarding tho growing crops are
more favorable. Oats have fallen half
cent and lard is shade weaker In
cotton there has been heavy selling and
September options are below cents,
though the price for spot cotton is un-
changed. Oil has declined half cent,
but coffee is three. .eighths stronger.
Iron is more steady, the output Sept 1
being only l5l ,64S against l55, 1856 Aug.
!, and unsold stocks have been reduced
abput $4,000 tons The demand for
structural iron is very encouraging, and
plate mills are well supplied, but quota
tloua are variable and bar iron is unset.
tied Copper is lower at IL IA, and tin
at 2,03 in spite of large distribution, but
lead is more steady at AIS cents. In dry
goods there has been notable increase
in tho number Of buyers, and the market
is more nearly hare of woolen goods than
1t has been for years, the medium
worsteds and tho serge trades having the
preference. There is heavy demand
for cottons. and medium bleached goods
arO higher, with browns firm. Carpets
are stronger, and many mills demand an
advance Of 12 cents.
-.. Shrinkage in Speculation.
Money has been steady ut per cent,
that exports of gold are improbable.
Merchandise exports fall below last
year The treasury has added 81 ,000, 900
gold and 100000 silver in its stock,
while putting out 100000 additional
paper. Here, rs in all parts of the coun-
try, the supply OF money is ample for
legitimate needs and the shrinkage of
speculation is helpful as regards the pos
sibility of monetary pressure later. Re-
specting the cholera it is well to remem-
Der that sanitary precautions are more
thorough than ever before, and at most
foreign cities have sutficed to prevent
the spread of the disease.
The business failures occurring through
out the country during the last seven
days number for the United States, 1874;
Canada 2S, total 1882, as compared with
179 last week, 17S the week previous to
the last, and 239 for the corresponding
week of last year.
Advices to Bradstreets concerning the
state of trade in Canada says: The re-
ceipt in Montreal of news that cholera
had appeared in New York seems to have
had more unfavorable effect on trade
than elsewhere so far as learned. To-
ronto does not seem to have paid so much
attention to the subject. Wholesale
trade in leading lines continues fairly
active.