The herald., 1896-08-14
MARKETS OF THE WORLD
Local, Eastern and Foreign
Commercial Dealings
WALL STREET SPECULATION
treasury Receipts and DISBURSEMENTS
for July
WALL STREET SPECULATION
Southern Cotton Hills OF Short Tim.-Am.r.
lean Pig iron-Drv doo.s for a Halt
Yssr-Rubber Output

The exports of wheat from the Atlantic
! coast for thirty days in July reached 7.C9.-
| 6n bushels. against 1885 for the whole
month of July in 1895.
The treasury's estimate Of the amount of
money in circulation August 1st is 1874. =.
5O5,l42 The per capita circulation is $21. Is.
The receipts of the treasury during July
amounted to $29, 029, 209, about the same as
| during July in 1895. The disbursements
were 2,OSS 46S, leaving a deficit of over
Sl5,OJO0 0V. In July 1895, the deficit was 80 000-
ooo. Ihe abnormally large deficit in July
OF the present year is said to be due to the
extraVagant appropriations of the last ses-
SION or congress, payment on which began
july lst with the new fiscal year.
secretary Rounsevile of the Fall river
Cotton Manufacturers association has re-
ceived letter from southern cotton man
ufacturer in which the writer says that
l.Sl5.OO0 out of a total of $500 900 spindes
IN the south have agreed to shut down
5Sls per cent of the time between July and
october.
From the monthly reports made to the
american Manufacturer it is estimated the
total Sl production of pig iron in the United
4,s67, ,4s7 tons. The production for the first
SIX months of 1895, according TO reports
made to the American Iron and Steel asso-
ciatlon, was 4, LOST, ,35S tons, and for the last
six months 5,S5S, $50 tons. In other words,
me PRODUCTION for the first six months
Of 1886 is S19.929 tons in excess of the pro-
duction hi d for the first six months of 1896 and
SSl 263 tons less than the production for the
first six months of 1885, and 391, ,263 tons less
d9 tfan 1so5 ne production for the last six months
The report of the H. b. Clafln company
for the half year ending June 80, 1896. is in
teresting as portraying the conditions rul-
ing in the dry goods trade during the first
at the rate Of per cent on the 81, 800, 300 Of
nrst preferred stock. and at the rate of
per cent on thex2. $40 ZOO of second nrpfprre1
the .suplus for the s3,S29, 100 Of common
stock e, XIV was only 4 of per cent. as against
After paying the half yearly per cent
on the common stock, therefore, the sur
plus is now reduced about as much as it
A correspondent of the Glasgow Herald
writes ''The stories that have come from
japan as to the new navy have been so
t1al, that one has to be very chary in
accepting tSee them It may be remembered
there; the terms even were given. | hear
from source in Japan that it may be re-
yet BEEN arrved at ndeed the Jspaness nas as
desire to establish yards themselves, and
the Mitsubish firm. one of the best known.
the Minato river. which Will be especially
suitable for repair work, the position being
OF & tactical advantage;
rubber crop in the history of the Amazon
trade was gathered during the season just
closed. but this is no indication that the
trary, new facts are constantly coming
to light to point out wider extent of the
rubber forests than was formerly sus-
become more accessible, either through
new geographical discoveries or by add-
It is stated at the office Of the consul at
Costa Rica in New York that the govern
ment Of Costa Rica had. passed an act re-
materials. Rrs' The imporfation @ d MOI Of printins
machinery is at present free Of duty; The
2 cents per 'xilo. which is equivalent to
in Costa Rica have been urging the re-
The OH Paint and Drug Reporter says:
Interesting Developments came few days
see tse heras sscePd snd Of of h
offered to the British public June 22d. The
Americap Company ] for the three M W years M 81 end nd
ing August. 31st as follows 1893, !, ,49s, ,542
pounds; 1894, 7341, 1892; 1885, 9,57o.s4 the fig
prices of last year largely increased the
pIounds for the year ro. ending nd August slst
in the import Of borate Of lime for the
year ending June 80, 1886, all of WHICH was
practically imported oct after august 81, 1874,
the American consumption for one year
of 5 753 716 pounds"
The report of the navigation bureau
shows that during the year ending June
80. 1896. 7O9 vessels Of 2o4 900 gross tons were
built in the United States and num-
bered by the bureau of navigation. COM
pared with 6S2 vessels Of 1888 600 tons for the
last year. an increase of Il 900 tons. Steam
vessels built numbered 322 of 900 tons,
compared with 2S3 of rs, 700 tons for the pre-
vious year. Steel as chief material of con-
struction has increased 1O6.9Oo tons from Al
71o tons for the previous year; Nearly
built on the great lakes. The tonnage built
and numbered on the great lakes was 14
SO vessels of $4,000 tons for the previous
year. This indicates the rapid increase in
size Of the vessels of the lake fleet.