davidaulloa/AmericanStories huggingface dataset:
The herald., 1897-08-05
MINING EXCHANGE QUOTATIONS
ON 'CHANGE
What Was Done Yesterday on Wall
Street

Street
NEW YORK, Aug. 4.-The great major
ity of sales of stock on the exchange was
made at prices very substantially above
last nights closing. But the market sue
cumbed in the last half hour to a sudden
settling movement induced by profit TAX
ing. The effect was to wipe out nearly all
the earlier gain in most stocks and to
leave the average level of the market but
little changed from yesterday. The sales
of all stocks aggregated over $50, 900 shares.
The dealings in the last half hour were all
at lower prices and the only stocks to es-
cape the effect of the fall were those not
included in the late dealings. Except for
the final decline, the market was almost a
repetition of that of yesterday, copious
purchases being made of pretty near every
stock on the list. Sales of odd lots were re-
ported rejecting the investments of small
individual purchases through commission
houses. There was not much discrimina-
ton shown in this class of buying. which
embraced some of the stocks which have
long been almost out of the field of the at
tention of the exchange. A notable feature
of the trading was the heavy selling for
foreign account and the readiness with
which the sales were absorbed and their
sentimental effect disregarded. Northern
Pacific preferred was the chief sufferer in
this respect, but all of the, internationally
listed stocks were sold by London to some
extent. 1t is estimated that the total of
London's sales reached $4,000 shares for
the day. This was almost without effect
on prices here and failed to check the fur
ther fall in sterling exchange. which was
affected by heavy offerings of grain bills
London was apparently eager to realize on
American securities and steadfastly de-
clined to enter the tempting field for spec
ulation offered by the New York market
The industrial group and the gas stocks
were conspicuous again today for strength.
The grangers were heavily bought and ad-
.vanced at one time nearly a point. The
final decline left the net gains in these and
other active stocks only a fraction. Sugar
rose at one time "a, but closed with only
a fractional gain. Operations in railroad
bonds were attended by violent fiuctua-
tions in some cases, with Union Pacific
AZ trust receipts conspicuous for advances
of per cent. The market exhibited very
strong tone throughout with dealings on
heavy scale. The aggregate sales were
W, S,S4O,000l Government bonds were heavy
on moderate sales.
The controlling factor in wheat today
The herald., 1897-08-05
during the week was 95 degrees: lowest,

during the week was % degrees; lowest,
IS degrees, and sunshine 100 per cent.
Crafton--A shower or two early We'd
nesday morning settled the dust and i'm
proved the appearance of foliage, doing
little good, no doubt, and no harm. High
est temperature, 107 degrees; lowest, so de-
grees. Railfall .06 of an inch.
RIVERSIDE COUNTY
Elsinore-Highest temperature, 10S de-
grees; lowest. IS degrees.
Hemet--A light shower Of rain fell We'd
nesday morning, and from the appearance
of the clouds over the mountains a good
rain must have fallen
ORANGE COUNTY
Santa Ana-The weather was cooler than
the previous week; high fogs prevailed in
the mornings Apricot drying is about
completed. Corn and root crops are doing
well. Highest temperature, 81 degrees;
lowest, 62 degrees.
Capistrano-Highest temperature, S4 de-
grees. lowest 66 degrees.
SAN DIEGO COUNTY
San Marcos-Threshing is in full opera
tion and grain on well-tilled land is turning
out well.
The herald., 1897-08-05
Chicago Live Stock

CHICAGO, Aug. 4-Cattle were in fair
demand. Native beef steers sold al 1.S0a
LOO for poor and the poorest up to $50 for
choice to extra with the bulk of the sales
at 425M4.S5. good many stock steers
are selling at 350d42O and stock bulls at
230N3.00
Hogs-Hogs scored another advance of
1cMl2ha. Packers bought heavily Prime
light hogs brought up to 4.1215 From that
figure sales We're made all the way down
to S.GOm3.SO for heavy packing lots, the
bulk selling at 32OM4.0O.
Sheep-The trade in sheep was fairly act
i've at about steady prices. Sheep sold at
2.50M4.00 for inferior to choice natives.
with extra lots at 4.10142O. Range fiocks
sold largely at S5OdS.6O; lambs, 3.5Om5. Is
for inferior to prime.
Receipts - Cattle. 135OO hogs, $4,000:
sheep, 1S,000
The herald., 1897-08-05
San Francisco Produce

SAN FRANCISCO. Aug. 4.-Middlings-
IS. .50022.00 per ton; California and Oregon
bran, 15.OOd15.5O per tom
Hay-Wheat, 12O0d15.0O; wheat and oat,
II 100M14.00; oat. 10.00d12.5O river barley, 100
assoc: best barley, 9.OG@11.0O alfalfa, Sec
ond cutting, 60Oq7.5O; clover, 7OOQS. 80;
stock, 7.00mS50; compressed wheat, IL. 50
400 per ton; straw. per bale, 3O@4O.
Dry Beans-Pink, 1.50n1.60 lima, 1000
10; small white, 1.25Q1.S5; large do, 1.20m
1.30
egetables-Potatoes, in boxes. Early
Rose, 50d70 per GENITAL; River Burbanks, 80
40; Salinas Burbanks, 9CM1.10; in sacks,
Early Rose, 40Gl50 per sack: Burbanks, 400
80; new sweet potatoes, 1k@2 per lb. ;
new silverskin onions, S50l1.O0 per cent
al; bay cucumbers, 2Oa25 per box;
dried pepper, 5@7 per ib. garlic IL
ole per H.; green peas. 2@l21a per fb. string
beans 203 per lb; bay squash. 30d4O per
box; tomatoes, 40M60 per box; green corn,
75d1.OO per sack; chile pepper, 25@4O per
box egg plant, 40Q60 per box; green okra
40Q60 per box
Fresh Fruits-Apples, large box, 35075;
royal apricots, 20GtS5 per box: Longworth
awberries, 950Gi5.00 per chest; large
straw berries, 35O0l5. 90 per chest: blackber-
ries. 1.50M2.50 per chest; raspberries, 5000
400 per chest: cantaloupes, 75@1.25 per
crate; figs, 25435 per small box, 40@75 per
large box; Fontainbleau grapes, 25@50 per
box; Muscat grapes, 60475 per crate;
peaches, 256l60 per box; plums, 20Gl40 per
box: pears, 20@40 per box watermelons
5.00GI10.00 per hundred.
Citrus Fruits Oranges, nominal: Mexi-
can lines, 4.5o@5.5O per box; common Cali
fernia lemons 10Q@2.50 per box; fancy
California lemons, 800 per box.
Tropical Fruits-Bananas, 1.00@2.00 per
bunch; pneapples, 1.5Oa2.5O per doz. ;
6 per lb.
Dried fruits jobbing prices furnished by
the San Francisco fruit exchange:
Apricots-Fancy Moorparks, 1919; choice
do, 11h; fancy do. 0; choice. 8; standard,
81; prime, 5A.
The herald., 1897-08-05

III do calf, 151a: bulls, 7; salt steer, 5g6i
do stays and bulls, 8; COWS. 41suoA; sheep
skin. 2@5.
CURED MEATS-Picnic hams, II; No
hams. 9%; Rex, ia; Roulette hams, u
special fancy breakfast bacon, lH;
special breakfast bacon, IL; Rex bacon
l0 Diamond C breakfast bacon, backs.
81: Rex boneless hams, sugar cured, 9A
Rex boneless butts, 81; Rex dried beef.
sets. - Rex dried beef. insides, 1874; HeS
dried beef outsides, 10; smoked tohgues'
ner lb. Is: bacon bellies, Sik; light medi-
um bacon. 81; medium bacon, s; dry short
clear bellies. 1920; avg. ~; dry salt
clears. s5a4o; avg, 81; salt clear backs
64; Rex pure leaf lard, tierces; 6; ivory
tierces, 81 cottolene, tierces,. elA; Rexo,
lene, tierces, ~; special kettle rendered
lard, 81.
TALLOW-Per lb., 2Q2H.
The herald., 1897-08-05
SAN FRANCISCO MARKETS
Call Board Prices of Cereals and Ship
ments Received

SAN FRANCISCO. Aug. 4.-Wheat-
Quiet; December 1.497s bid; May 1.5OA
bid
Barley-Quiet; December. "a.
Corn-Large yellow, 1.071a@1.121s.
California bran, 15M15.50.
F'lour-Family extras, 4.75M4.S5; bakers
extras. 465@4.75; superfine, 3S5a4.35.
Wheat-No. / shipping, LAZY; choice do,
1.4SA@1.50 milling, 1.5212m1.57R.
Barley-Feed, 9OM921s; brewing, 1.O5@1. 10
for new. and 971a0f1.0212 for coast.
Oats-Poor to fair, 1.n1. 10; good to choice,
1.1219@1.221a; fancy feed, 1.25M1.3O new red,
1.021aM110; new Salinas, 1.10@120
Receipts-Flour, quarter sacks, 49, 7S7;
wheat, centals, 1885; barley centals. 90 C4O:
oats, centals. 610; beans, centals, 1215 corn,
eastern, centals. 400; potatoes sacks, 524S;
onions, sacks, 426; bran, sacks, 1926; mid
dlings, sacks, 325; hay, tons, 100; hops,
bales, GO; wool, bales 143; do Oregon, bales,
145; hides, number, 635; raisins. boxes, 500;
quicksilver, TASKS, So; wine, gallons, "a, 9OO
The herald., 1897-08-05

was the enormous export demand. At least
a million bushels were sold to go abroad
the continent getting two-thirds and the
United Kingdom the balance. The foreign
ers were buyers of futures also, and with
the pronounced strength of English cables
caused an advance of ss in New York prices
for the day. Near the close September
closed at Sc. which ecipsed all previous
records in this campaign. The excessive
weakness in corn arising from liquidation
and better crop news caused some selling
in wheat at times during the day. but new
buying sprang up vigorously on each weak
spot. Total transactions posted up $685.
600 bushels. September opened at 49,
S5a.
The herald., 1897-08-05
SUMMARY
WEATHER AND CROPS
Conditions Prevailing Throughout
Southern California

Following is the United States depart
ment of agriculture's climate and crop bull
letin of the weather bureau for Southern
California for the week ending Monday
Aug. 2, 1887:
Foggy mornings and clear, warm days
prevailed in the coast section. while clear
very warm weather continued in the in
terror districts, where the maximum tenn
perature ranged from 95 degrees at North
Ontario to 101 degrees at Grafton and los
degrees at Elsinore. Light showers of rain
fell on the 2Sth of July at Los Angeles and
vicinity and in the foothills and in the
mountains of the eastern portions of San
Bernardino and Riverside counties, doing
no damage to drying fruits or grain The
coast fogs were beneficial to beans and
root crops, but delayed fruit drying in
those sections. Off the coast the apricot
season is over and work will begin soon
on peaches. which are rapidly rpening
Grain harvest continues and beet cutting
has begun. The soil is in good condition.
though springs and streams are beginning
to get low.
SAN LUIS OBISPO
Grain harvest is still in progress, with
good results. The fruit crop is heavy, and
picking requires more help than anticipa-
ted. Highest temperature, 81 degrees; low
est, As degrees.
VENTURA COUNTY
notwithstanding fogs and hot days
were suitable for beans; cutting has be-
gun. The apricot season is over and the
result is satisfactory.
West Saticoy-Crops are looking exceed
ing well on account of heavy fogs. Apricot
drying was delayed by fogs, which made
the worst drying season in six years. The
week averaged only 60 per cent sunshine.
Los Angeles City-Cloudy or foggy morn
ings continued throughout the week. The
days were clear and warm, which caused
the temperature to average daily excess
of one degree. Highest temperature. 81 de-
grees; lowest, SO degrees A light shower
of rain fell on the 2Sth of July,
La Canyada-The weather was favorable
for ripening and drying fruits. Trees and
vines made a rapid growth, The soil is
in good condition, but springs and streams
grees; lowest. SO degrees. There was 100
per cent of sunshine.
Verdugo-There was considerable fog the
last of the week, but was beneficial than
otherwise. apricots were all dried ana
work had not begun on peaches. Fostef and
Early Crawford peaches are now ripeuitg g
rapidly.
Pasadena-Much warmer weather toe
past week Showers occurred on the 2sth
of July Apricots are so big a crop tina
it is impossible to save all. Oranges prom
ise a heavy crop. Peaches are ripenins
fast.
SAN BERNARDINO COUNTY
North Ontario-The highest temperature
The herald., 1897-08-05
CHICAGO MARKETS
Yesterdays Transactions on the Board
of Trade

CHICAGO, Aug. At was again an ad-
vance at Liverpool that supplied the mo-
tive for fresh rise here at the start
September, which closed at a. opened ir-
regularly at from 77@771s, the offerings at
the lower quotation being a triflling
heavier and very light changing hands be-
low the higher figures. Those were quickly
added to an energetic jump to rs. 1t
dropped again suddenly to 771s, and as
quickly rose again, this time to 7SA. The
Liverpool advance before trading started
here was ED per GENITAL, or about equival-
ent to 2A cents per bushel. The great
The herald., 1897-08-05
Washington Wheat

TACOMA, Aug. 4.-Prices for wheat have
had an advancing tendency for. several
days, and today there was considerable ex-
element and competition among buyers,
the highest point touched being so cents bid
for No. / club and so cents for No. blue
stem. New wheat is not coming in very
freely, advices from Wala Walla stating
that the market there is unsettled and
farmers are holding for a further advance.
Dealers state that further advance in
price is looked for tomorrow. The mills
are we'll supplied with old wheat and are
inclined to bear the market on new. Sew
eral lots of new are looked for in the morn
ing.
The herald., 1897-08-05
Boston Wool Market

BOSTON, Aug. 4.-The American Wool
and Cotton Reporter will say tomorrow
of the wool trade: The market is even more
a waiting market than 1t was last week.
The trade, as a whole, is not selling. The
diminution of activity is not accompanied
by sagging quotations Wool is now prac-
tically cleared up in the west. Sales of
fleece woods have been light, and large
amounts of territory have been sold. Sales
of foreign woods are small. In Boston
sales for the week aggregated 1887, coo
pounds, of which 5,3S5,00O were domestic
and 2O02 600 foreign
The herald., 1897-08-05
INCORPORATION

Dulin, Mariner & Co. Incorporated to-
day in this city, with a capital stock of
$25. 900, divided into $50 shares $17, 900 sub
scribed; purposes, to deal in hay, grain.
feed, wood, coal, cement, salt lime and
fertilizers and to ship merchandise. Di-
rectors: Charles A. Mariner, Alfred Craw-
ford of Los Angeles; E. G. Dulin. A. G.
Edwards and F. C. Silverthorn of San
Diego.
The herald., 1897-08-05
Money Quotations

NEW YORK, Aug. 4.-Money on call
firm at 1@2 per cent; last loan, per cent;
closed. offered, at per cent: prime mercan-
camille paper, 31a@4 per cent; stirling ex-
change, weak, with actual business in
bankers bills at 4S65sG4.S6s4 for demand,
and at 4.S55s0i4.S5A for sixty days; posted
rates. 4.S61a@4S7. and 4.S71ad4Ss; CONNER
cial bills. ASS; silver certificates. 57@571s.
SAN FRANCISCO, Aug. A. - Drafts,
sight, 49, telegraphic, liz.
The herald., 1897-08-05
Dried Fruit Prices

NEW YORK, Aug. 4.-California dried
fruit prices steady. Evaporated apples,
prime wire tray, 5A; wood dried, prime,
512; choice, 5a4; fancy, 6d64. Prunes,
3a712 Apricots royal, S@9; Moorpark,
12. Peaches, unpeeled, 6MS; peeled, 11@14
The herald., 1897-08-05
Liverpool Market

LIVERPOOL, Aug .-Wheat-No. red
western winter, firm, Is 101ad; No. red
northern spring. firm, rs 61ad. Corn, spot
American, new, firm 9s: American mixed,
old firm, 3s Id; August Is 11&d September,
IS 13sd.
The herald., 1897-08-05
Silver Bullion

NEW YORK, Aug. 4.-Bar silver 81;
Mexican dollars. 45.
SAN FRANCISCO, Aug. 4.--Bar silver,
56%; Mexican dollars, 441a.
LONDON, Aug. 4,-Bar silver, 2eAd.
The herald., 1897-08-05
Treasury Statement

WASHINGTON. Aug. 4.-Today's state
ment of the condition of the treasury
shows: Available cash balance, 1921, ,5O2, ,521;
gold reserve, S140, 160 4S9.
The herald., 1897-08-05
RIVERSIDE COUNTY
San ia Catalina Islands

Natural charms, augmented by grand lie
Limitations, Saturday night. Exhibition Of
fancy diving from height of seventy feet
Saturday and Sunday. Daily concerts by
Marine band. Best of fishing. Wonderful
submarine views from glass-bottom boat.
Three boats Saturday; two Sunday. Ban
ming company, 222 South Spring street;
telephone main &c.
The herald., 1897-08-05
Mining Stocks

SAN FRANCISCO, Aug. 4.-The official
closing quotations for mining stocks today
were as follows:
The herald., 1897-08-05

C'9I VUottttIUIIS WtTt as IoIIOWS: Flour,
strong, 10 higher; No. spring wheat 7S%:
No. spring wheat, 74@751a; No. 2 red, SO1a:
No. corn. 2I7sa2s; No. oats. 17A; No. 2
white, 19%; No. white. 1s1aM21 No. rye.
i21s@43; NO. 3 barley. q fob. No 4. 251S
M26; No. l flaxseed, 90M9Os; prime timothy
seed, 2O@2l5: mess pork, per bbl., $50;
lard. per 100 lbs. 455: short ribs sides, loose.
51aa57s; dry salted shoulders boxed. 5M5A
short clear sides, boxed. 5a5h whisky.
distillers' finished goods. per gal. 119.
The herald., 1897-08-05
mt AIN STREET SAVINGS BANK.

Junction of Main, Spring and Temple sts.,
(Temple block, Los Angeles.
Officers and directors: T.. L. Duque.
President; I. N. Van Nuys, Vice-President;
B. v. Duque, Cashier; HI. w. Hellman,
Kaspare Kohn, Fl. w. O'Melyeny, ]. B.
Lankershim, o. 7. johnson, Abe Haas. w.
G. Kedckhoff.
Money loaned on real estate. Interest
paid on term and ordinary deposits.
The herald., 1897-08-05
Closing Stocks

NEW YORK. Aug. 4.-The following
are the closing stock quotations:
The herald., 1897-08-05
Bond List

NEW YORK, Aug. 4.-The following
were the closing quotations on bonds to-
day:
The herald., 1897-08-05

\ prices of wall paper greatly reduced.
Y. Gckstrom. s24 South Spring street.
The herald., 1897-08-05
| OS ANGELES SAVINGS BANK.

heQcknOH.
Money loaned on real estate. Interest
paid on term and ordinary deposits.
T os ANGELES SAVINGS BANK.
2so N. Main st.
J.E Platter; Pres; aW aIs,; Hss,,%p;:n E. .p;s v-rr's
Directors-I. w. Hellman,. ]. p. Platter.
+. ". HeIlman. I. W. Hellman. IT,. W.
Interest paid on deposits. Money to loan
on frst-class real estate.
DIRECTORY oE CALIFORNIA Ho-
- TELs.
GRAND HOTELS. F. THORN. Manager.
Cor. Market and Montgomery sts..
San Francisco.
AuFopesn f'an'
HOTEL GREEN-J. H. Holmes. manager.
Pasadena.
HOTEL METRoPoLE-on Catalina ISL
and.
HOTEL ARCADIA-santa Monica, 9.
Rheinhart proprietor.
HOTEL HOLLENBECK-Sprin and sec-
ond streets, Los Angeles.
HOTEL RAMONA-Spring and Third
streets, Los Angeles.
ABBoTsFORD INN-Corner Eighth and
Hope streets. Los Angeles.
HOTEL PORTLAND-4A South SprinG
street, Los Angeles.
HOTEL LBRUNSWICK-Santa Ana: Amer.
lean and European plan.
HOTEL HOLYROOD-Riversid Cal.-B.
Cochrane, proprietor.
THE ROWELL-Main and Ninth Streets
Riverside; E. ]. Davis. proprietor.
HOTEL CARLTON-13 to 27 East Cole.
rado street, Pasadena.
HOTEL LAvALoN-AvALON, Santa Cata-
lima Island.
HOTEL BREWSTER-J. e. O'Brien, pro-
prietor; Fourth and c sts., San Diego.
HOTEL BELLEVUE TERRACE-Cor-
ner Sixth and Pearl sts.; f. A. Urban,
proprietor.
The herald., 1897-08-05

The Chilian Budget tells a gloomy
story Of failing revenue and exports. The
The herald., 1897-08-05

export business done yesterday and numer-
Gus acceptances of cargoes and smaller
parcels ordered by cable yesterday after
noon from Chicago and the seaboard was
of course an element of the influence at
work that created the early strength. The
feverish fluctuations at the same time gave
an exact Interpretation of the unsettled
feeling among the spectators. The price
had another break to 1873 before the ex-
piration of the first hour and a half of the
session, and a rally in the following twen-
ty minutes to 77s. Germany accepted
everything offered last night, and the
United Kingdom bought what No. Q spring
had been offered. 1t was still claimed, how
ever. that seaboard exporters were having
much trouble in getting the Kansas hard
wheat they had already sold to go abroad.
The Chicago receipts were 1856 cars against
144 cars year ago, of which 1876 were new.
Primary western market receipts were
116, 705 bushels, against 569, 1870 bushels the
corresponding day of 1896. The clearance
for exporting Atlantic exports were very
liberal, the wheat alone being 413,9 1922 BUSH
els. The amount of export takings re-
ported from New York by IL o. clock swelled
to 100 boatloads and % carloads, or 200,-
bushels were reported from here direct.
The latter was No. ! northern spring and
No. spring. The latter grade sold in
considerable quantities between local deal
eio premiums over september prices
ranging according to location and desira-
bility of sample from a quarter to a half
cent per bushel. AS an indication of the
demand still existing among country mill
ers for spring wheat it may be mentioned
that one carload of No. / northern brought
8 cents per bushel premium The latest
sensation in the shape of market informa-
tion was the closing quotations from for
eign markets. Liverpool wound up with
gain for the day equal to 21h cents per
bushel; Paris, 2ss, and Antwerp, per bush
ell. Prices reached the highest point of
the day near the close, reacting only n .
September opened u higher at 77hG77A
sold between 76s@7S&, closing with buyers
at 7Sls. Rains in Kansas, more particu-
arly, but also in other important sections
of the corn belt where moisture was need
ed, created a general desire to sell out
long corn The decline was very small
in comparison with the immense uuanti-
ties disposed of. Oats opened heavy with
corn. Prices fell off a shade, but recovered
later under good buying shorts. Provis-
ions opened strong and higher, but became
easier for time and then once more
started into activity and increased
strength. Armours name was given up
near the middle of the day on a considera-
BILE amount of lard and ribs that had been
bought early and that was the signal for
general demand that started and lasted
through the remainder of the session.
The leading futures closed as follows:
The herald., 1897-08-05
230 N. Main st.

w. M. Caswell, Cashier.
Directors-I. W. Hellman, j. d. Platter
H. W. Hellman. I. w. Hellman, jr.. W.
M Caswell.
Interest paid on deposits. Money to loan
on f1rst-class real estate.
The herald., 1897-08-05

oE CALIFORNIA Ho-
- Tells.
The herald., 1897-08-05
GRAND HOTELS. F. THORN. Manage

Cor. Market and Montgomery sts..
San Francisco.
The herald., 1897-08-05

According to dispatch from London,
I'd inst, the court of appeal, the highest
judicial tribunal in the country save the
house of lords, has rendered final decis-
ion on point of interest to banking, fnan-
cial and commercial circles and one which
may hereafter be quoted as a precedent
in legal circles the world over. The oues-
tion was one where a firm of bankers had
mailed to a customer a check for $4,000
1t was distracted from the mails by a,
swindler, who forged the Endorsement
deposited it in bank to his own credit
and Immediately withdrew $4,000 on ac-
count, with which he decamped The is
sue was whether the bank, as a remitter
or the customer, as receiver, was responsi-
BILE for the loss. When the case reached
the court of queens bench Justice Grant
ham, one of the most erudite judges on
the bench, ruled that the loss was that of
the person to whom the check was sent.
On appeal Sir Henry Hawkins whose de-
cisions are seldom questioned, took the
I same view. But the court of appeal, with
the lord chief Justice presiding, has re-
versed all the previous decisions and lays
1t down as English law that the bank is
liable there being no payment, as the
check failed to reach the person for whom
1t was intended.
= 4 Il
The Roanoke times. (Roanoke, Va.) 1897-1977, 1897-05-01
CONDITION OF TRADE

New York, April 0-Bradstreet's to-
morrow will say: The more conspicuous
features of trade are less satisfactory than
last weeks showing, including IL moder.
ate reaction in prices of staples and n
falling off in the volume of transactions
In various lines. Collections continue
slow and less favorable conditions exist in
iron, steel, cotton and several other in
dustries. The sales in wool have declin.
ed sharply. General conditions in the
mississippi valley have improved some
what; Bank clearings for the week show
IL oeci!ne OF Is per cent. over the CORE
spending week of last year. Failures
have decreased, however, which is - fa
vorable sign. The stock market is dull,
owing 60 bear raids due to con tipued ex.
portations of gold. The exports of wheat
and flour are about the same rs this
period of last year.