Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1896-08-20

" ueau PROMISES " ell.
New York. Aug. lo.-Ihe statement
compiled w bldastreeLS shows tAe
total bank clearlngs Or the principal
Clues Oh the Unlteu states the PAST
week TO be $S4J, Uol ,1o6. Inns is d
decrease ol o.UI per cent. compared
with the corresponding week OF .ast
year.
K. q. Dun's report says that the
spell OF deadly no. wcatAer Aas Affect
ed the trade THROUGHOUT the country,
and in the east speculative feeling Was
somewhat affected until Thursday ny
apprehension OIL The possible lnnuencc
OF the Bryan meeting. According 70
government reports crops have sus-
tanned serious injuries. Labor dlfll-
culues extend and the closing OF estaD-
lishments Tor want OF work and the
refusal OF commercial loans by banks
have checked operations in many
branches of industry and trade, The
week, therefore, closes, as last week
did, with domestic business unusually
dull for The season. Measured by the
clearing house exchange it was 5.Ol per
cent smaller than last year and 155
per cent. smaller than the same week
il 1892, the last year OF full business, at
this season. The government crop re-
port for August was gloomy. Wheat
rose about u, but again declined, clos
ing only fraction higher for the
week. Corn declined throughout the
week closing over cent lower. Cot
ton advanced sixteenth. Estimates
OF great yield are confronted however
with the movement from farms of s.
56l 900 bushels for the week, against
2295 900 last year, and it scarcely
seems reasonable to believe that 20
700 900 bushels would have been mar
keted since July first this year against
II ,625 600 last year, if the yield had
been smaller with the price nine cents
lower than IA year ago. Atlantic eX-
ports of L ,410,0O0 bushels against $685.
800 last year are not enough to account
for the difference. Iron productions
reduced 20,764 tons weekly III July
( anu HAVE Dttll lul IllIl lCuhSNh Slh|N
August, while unsold stock increased
26, 1872 tons in July. Copper receded to
its quotations before last week. FIN
has been sold below current quotations
at 3.35 and with the sales eight hun
dred tons Of lead weakened to 2.75.
Wooden manufactures make little
with not more than u third OF the
machinery now running and the de-
mand for goods does not improve.
Nor has amy Improvement appeared IN
cotton goods, although the curtailment
of production for some weeks has been
great The failures in the United
States for the week are 2S9 against 1856
last year.
Bradstreets says that the volume of
business throughout the country is
practically unchanged. New features
do not point to improvement in the
prospects for fall business. Indus
crles generally continue quiet, with
more men idle than Il week ago. The
most significant feature is the higher
rate for money early in the week and
SOIlIt hllhN uIlS III Sb'oIhihS I'M
money. This disappeared with the
manifest reaction against the free sill
vrf sentiment which followed the sill
yer demonstration at New York Aug
IL. There is little or no demand for
iron or steel, Notwithstanding that the
capacity of the furnaces in blast was
restricted during July more than 50,
OOO tons Manufacturers of hardware
and icwelry report business excessive
~ dun. The brighter side OF the pic
ture is found in generally favorable
crop conditions at the south, which
have stimulated buying at Baltimore
Savannah, New Orleans and Texas
The early movement III cotton is
pointing to an improvement i'll mer-
camille collections The financial situ-
alton at New Orleans is relieved by
the sugar bounty payments Collec-
lions are improving at Pittsburg and
there is better demand for dry goods
and shoes than last week. At Omaha
holcsale merchants report very gen.
eral Improvement. On the Pacihc
coast, the wheat yield promises well
in California, but general trade AT
Washington and Oregon cities is rather
less active.