The age-herald., 1897-08-14

AuOi Cd7E III Aiod1 eAd HCdAly oI pitShh
 crop prospects. The general confidence
 in this is emphasized by the presence of a
 large number of buyers from all parts of
 the country and their statements of con-
 ditons at their homes and more forceible
 still in the heavy purchases they are making. But the customary signs in
 prosperity are not lacking elsewhere. The
 strong rise in stocks, the growth of bank
 clearances and railway earnings. the
 heavy speculation in many products. but
 most of all in wheat, have made the week
 one of surpassing interest even to those who best remember the upward rush in
 1879. At the principal clearing houses
 throughout the country, payments in
 July were for the first time slightly larg- CT than in 1892, and Il per cent. larger than 1ast'year insthe first week of August A717 larger than in 1893 and 175 per cent.
 largerethan last year and in the second
 week of. August they are 17.9 per cent larger than in 1892 and 3S2 larger than
 last year. ug,
 The great crops and the haste of fer
 eigners ito buy and ship wheat in view of
 shortages elsewhere have mad the week snrs nrorabls. Ticking of profits by pool lowered the price 3 cents on Saturday,
 btt ftgaas since risen cents. Western re- sceipts, slow in July, have in two weeks 1 been 7,395.713 bushels. agains; 6,722, 1882
 last year, and Atlantic exports (1our in- cluded) have been in the same two weeks l 4,114,341 bushels against 3SS461S bushels | last year. Even the demand for corn by greatly exceeding that of last year shows that foreign anxieties are serious for b. | 510,135 bushels have been exported in two weeks from Atlantic pous, against 2514- | 42S bushels last year. The price has ad- vancsd 112 cents, notwithstanding enoc- nous stocks being brought over The | urgency of French buying of wheat, ce- ports that Russia will stop exports in t51 IrA1 co,
 finued shipments from the Pacific to countries usually having a surplus, mak- | ing even the largest estimates of the probable supply not too great for the.pos- sfble demand In all the great industries 1 large demand for products appears with strong speculation in ma eria1 and inter-
 mediate products.
 In the iron and st ;el b.anah, the start | ing of many works afrer the settling of wages, keeps prices lower and even de- presses some, but the fact that the de- | mand is growing lsadsto heavy pur h3s s | of iron ore, 100000 tons at Cleveland in a | week, and of billets LOGO tons, while com
 sessions recsely reported in pig iron have | ceased. sr at9
 The output of furnaces August l was 65.357 toms, against 164, ,064 July 1, and de- E crease in known stocks unsold indicates eraging 1S10OO torls weekly, which is l more than in the same morths of 1892, though below the great increase in the capa city of works now. Sales of tin are
 modefalte of copper to Anne. icam consum- CTS large, G is said at lie for lake, and
 of lead at 3721k, with speculative realz- ing, but heavy sales of tin plates are bringing slightly better prices
 All textile industries are encouraged by
 a greatly improved and really large de- mana TOT SUouS, Wnicn causes many ito
 advance in prices. With i;lle production much cur.aibed stocks of cotton goods are
 rapidly decreasing, and woolen advances have been made in clay wofsted and mix turess. fiarnels and middle suiting. Spsc- utattion in wool continues prices bout 10 cents higher. sales of 23,499, 800 pounds in two weeks show ahe willingness of some holders to realize.
 Failures for the week have been 239 in the United States against 2sS last year,
 and 30 in Cannda agains. 36 last year.
 fcJf Modified the Regulations
 Washir gt1n Aug 13-Aciine Con1mis-