Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1893-08-25

New York, Aug. 1S-Dun & Co.'S
weekly review says that faint and vet
delnlte signs of Improvement are an
the better because they come, not from
possible delusive hopes or from None
tary foreign aid, but from the good
sense and wonderful recuperative DOW
er or the people themselves Business
Is trying to go ahead without waiting
Tor Washington. But little money
comes back as yet from timid boards,
ana the paralysis of exchange is nearly
as complete as ever, but that very fact
pushes each section and city into re-
lying more on itself and less on VAIN
street. Assumptions are now becom-
ing frequent, and in the very shrink
age of production men see evidence
the demand must soon overtake the
supply.
With shrinkages in the great indus
tries, it is surprising that railroad
earnings do not decline more. the de-
crease on the roads reporting in Au-
Gust thus far being Is per cent. The
decrease of % per cent in cleariugss
outside of New York last week and 30
per cent. this week, are only natural.
More money is now found for CONNER
clal loans and failures of banks have
become both less important and less
frequent, though the greatest cautious
is shown in accommodations. The re-
ownership for the Northern Pacific was
so fully discounted that it produced lit
tie effect. The prices of securities
yielded comparatively little. CottorB
fell quarter of a cent with somewhat
better reports of the probable yield
Wheat drags near the lowest figures
ever known in spite of Il decrease iIc
the visible supply, for, though westerns
receipts are not large, the stocks Oh
hand are far beyond the power OF spec
ulatorS to carry with the money mar
kets in their present condition. The
movement of corn is decidedly large.
with crop prospects improving The
important relief comes from the ahate-
mcnt Of the drain upon the savings
banks. The commercial failures this
week number 455 in the United States
against 1872 for the same week last
ear.
BIndstrect's weekly article ON the
Estate of trade will tomorrow cmhody
the following: There are evidences uf
an actual increase in demand in Ger
tain lines, such rs that for dry goods
tat Chicago, and for shoes at st. Louis
At Cleveland and Louisville actual
Improvement or an expression of re-
turning confidence from merchants are
the feature Even at Detroit, Milwau-
kce and Omaha, where there is no
tangible improvement in trade or bank
ing circles, there are reports of Il bet
ter feeling, based on the confidence
that congress will repeal the silver
purchase clause. With the cXcrption
of this better tone i'm the west, the
general situation is unchanged. The
widespread use of certified checks aS
currency is Il feature of the week. Gold
receipts for the week aggregate S1O,-
100000
The available stocks Of wheat CON
tinue to show weekly net decrease
from Australia, the United States, Can
adj; and Europe, Notwithstanding II
gain of more than 100000 bushels in
| the stocks afioat for the latter part
| last week and exports Of wheat, OF
both coasts, continue to vie with these
| i'll former periods of the heaviest ship
ment, the total being G,l92,OOO bushels
this week against 5, 100000 last week
| In the south there is Il scarcity OF
money with which to move the cotton
| crop. The business situation on the
Pacific coast is improving