The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-07-23
FINANCE And TRADE.
Crop Prospects Improve with the
7 Favorable Weather
AT MOST POINTS WEST AND SOUTH

Spring Wheat Prospects Remark.
ably Good-General Trade all Over
the Country in a Flourishing Con.
dition-Failures Fewer Than Last
Year.
7 NEW YORK, July e3.-R. g. Dun g.
Co.'S weekly review Of trade will say:
There is distinct improvement, not only
in transactions in comparison with the
same time last year, but also in pros
pect for the..coming season. Crop pros
poets improve greatly with the favor
able weather at most points west and
south, and especially as respects corn.
The monetary supply is abundant, and
the demand, though seasonably moderate
is at many points improving, while there
is but little complaint regarding collec-
tions.
Prospects of spring wheat are remark
ably good. returns from many of the
states surpass all expectations, no impor-
tant change appears in the prospect for
foreign demand, but wheat has risen 81
cents in spite of western receipts
amounting to Q, 1875, 900 bushels in three
days, against export of $685. bushels.
Oats also rose cent and pork products
shade, and corn has advanced It cents
notwithstanding wonderful weather for
that crop. In coffee there was slight
advance. But in the cotton market a
decline of sixteenth occurred with
sales of 100000 bales in week owing to
continued large receipts and improved
crop prospects.
Business in the East.
Business in dry goods at Boston is
more active than usual in July, with
liberal western orders. Cotton mills
are actively employed and orders will
keep the wooden mills crowded for some
time to come. while the boot and shoe
makers are full, the rubber works busy,
leather and wool freely bought by man
ufacturers, sales reaching 5,400, 600
pounds for the week.
At Philadelphia trade in most lines is
fair. Manufactured iron is stiffened at
Pittsburg by the closing of many mills,
and the works at Cleveland are pushed
beyond their capacity, with some ad-
vance in structural iron. The clothing
trade at Cincinnati increases with or
ders from the south, and the trade in
shoes improves. In all leading lines
trade exceeds last years at Chicago and
prospects for maturing collections are
very healthy.
Crop Prospects in the Northwest.
From Minnesota reports indicate
repetition Of last years great crops. At
ST. Paul trade is quiet, and at Duluth
the tone in lumber, building materials
and -four was never more satisfactory
AT st. Louis trade is firm in seasonable
lines, and crop prospects excellent. Re.
ceipts of cattle are liberal at Kansas
City and trade fairly good. At Omaha
general trade is excellent. At Denver,
also, trade is very good, and at Louis
vile, fair. but at other southern points
a seasonable dullness appears. Rain is
reported to have slightly affected cotton
about Savannah, and considerable i'm
provement in trade is seen at New Or
leans, though sugar Is strong and rice
firm.
The stock market has been little af.
fected by the vote of Burlington and
Quincy to withdraw from the western
traffic association, for fine crop pros.
poets and the coming adjournment Of
congress give strong operators basis
for successful campaign against the
shorts. Money is unusually plenty, on
call declining from to II cents, but ex.
pectation of q better demand coming
somewhat restricts time loans.
Business Failures.
The business failures occurring
throughout the country during the last
seven days number for the United States
1853, Canada 19, total 1871, against 100
last week and 176 the week previous to
the last, and 254 for the corresponding
week OF last year