The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1897-08-25
TRADE REPORTS ARE GOOD.
Improvement IL Uniform I'm All Sec
tfons Of the Country.

New York, Aug. 21.-R. @ Dun & Co.
in their weekly review of trade say:
mot for several years have the tele-
graphic reports from various cities in all
parts OF the country been as encouraging
or shown as uniform Improvement as this
week. The markets are called crazy by
some. but fairly represent the people
whose confidence In the future Is strong
and increasing. Nothing appears to check
IL. Rumors Of injury to crops are not
sufficiently supported TO have much in
huence. The only temporary hindrance
Is the strike OF bituminous coal miners.
which interferes as yet little with indus
tries, and seems likely TO terminate within
week. The demand for money improves.
taking from New York TO the interior
about $500, 900 more than was received dur
ing the week, and offerings of CONNER
cial loans are much larger, including con-
siderable iron and steel paper. and the
course of foreign exchange Is generally
interpreted as an indication that specie
imports cannot be long delayed.
THE greatest gain has been for agricul-
ture. Corn has advanced a little in price,
but is moving very largely, so that the last
years surplus may soon be marketed un-
less the crop turns out better than many
now expect. Cotton declined IL cent. be-
cause OF an estimate promising the largest
crop ever grown, but the goods market
is decidedly improving, and some OF the
large mills, after n few weeks Of suspen-
sion, have resumed work. Other farm
products are doing well also, but wheat has
advanced about 11% cents for the week
on actual transactions. with heavy pur-
chases for export. The official estimate
OF yield is entirely disregarded except as
an admission that the crop will be larger
than that Of last year, and ii is commonly
assumed that the yield will be $4,000 0OO
bushels or more, though recent reports OF
Indicating n e.
what smaller outcome have helped the ad-
vance in prices. 1t is well 10 notice that
corn exports continue more than double
last years. also in three weeks s.5l6,5
bushels. against 4.119.241 last year.
Failures for the week have been 223 in
the United States. against ESQ last year,
and 30 in Canada, against q last year"
Bradstreet's says:
Special kilograms from trade centers
the country emphasize the
growing prosperity Of the farmer due to
higher prices for almost all agricultural
produce still in his hands. and point to
continuation of the demand which has
been conspicuous within the past few
weeks. The volume OF trade continues
to increase and prices are hardening No
such volume OF business. largely in an
ticipation Of requirements, has been re-
ported since 1892 Larger transactions have
been in dry goods, clothing and shoes. and
south and west in wagons and farm i'm
plements. Another very favorable bank
clearings report is found in the total, ST.
140 000, 900, this week. which, while II is
per cent. less than last week, is 40 per
cent. larger than in~the third week of Au-
gust, 1896; 26 per cent. heavier than In
1895; 40 per cent. larger than in 1894, and
fully So per cent larger than in the like
week of 1893. when clearings totals were
reduced to very low figures.
Exports OF wheat (flour included as
wheaD from both coasts Of the United
States and Montreal this week are the
largest in any one week since September.
1893, amounting TO 5.2lS.000 bushels this
week, as compared with 100000 bushels
last week. 2.291. 900 bushels in the week a
year ago, 1885, 900 bushels two years ago.
g. 1872. 900 bushels three years ago, and as
contrasted with 100000 bushels in the
week OF 1893"