The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1898-08-27
WEEKLY RRBEETEWS
Durn's and Bradstreet S Resume
Cf the Financial and Com.
mercial Conditions.

lnCiA AtdA AOituAAlOnNs
New York. AUG. 2s.--R. G. punn A COZ
weekly Review Of Trade will sayi
The volume ot business rsne~ed b
exchanges at the principal clearing,
houses is 2oA per cent larger than iasl
year and 2s.s per cent larger than IN 1897
heretofore tho year OF largest bushes,
and highest prosperity ever known. Par
Of this increase was due to speculation
at New York. but there are most healthy
Increases over the best OF previous year.
and though in some branches bushes,
Is net satisfactory IN character, In nearly
ali It Is IN volume larger than ever befor,
No unfovorablo change appears in IL.
prospect Of crops. upon which the wei.
fare Of tho country Is iargay dependent
nor is there present OF threatening FIN.
ancial disturbance. Europe has moi
wcaried Of buying American securities
although some spectators have been
selling. nor is there shown any wan, OF
confidence among American investors.
COMPARISONS MISLEADING.
Comparisons as to foreign trade an,
apt TO mlslead, because imports last
year were extraordinarily small after the
big rush tomanucipate new duties while
exports were beginning TO show the phe-
nomenal demand which made the year
quite the most remarkable la our history
Hence the decrease of l3 per cent from
New York la August thus far Is not
alarming but sales OF products yet to be
followed are large and have stopped any
dvance in the current rates OF foreign
exhange. Nor is 1t at all disheartening
thai imports at New York for the month
thus far exceeds last years by nearly s.
10000 since last year fen below those Of
1896 by more than 100000
WHEAT GOES DOWN.
Wheat goes down cents for the week
as if there were no foreign demand com
ing, the obvious concert Of farmers to
keep back wheat the crop being GER
tainly very large tending to encourage
a conspiracy Of traders against them
which thus far has entire control Of the
market
EXPORTS FOR WEEK.
Atlantic exports for the week have
been 2.7al,5s4 bushels, against 3.56S, 1868
last year. and for four weeks Of Aug
ust 13,10l .07g bushels, against 1887 .G3s
ust year while Pacific exports. 25i.
23o bushels for the week. against 77O.
Sl9 last year. have been for the month
1868 7si, against i,4O5,SS3 last year
II is wise to remember that the fore
ign demand on account OF last years
shortage is stnl tapping over. while
reports show that foreign crops are
about average
IRON AND STEEL.
The output OF iron and steel no long
er measures the demand. and the stip-
ulated stoppages OF furnaces in the
shenango and Mahoning valleys has
raised the price Of Bessemer pig az
Pittsburg to siO.JO and OF grey forge
TO S9.325. without any certainty what
ever that such prices can be maintain
ed when the valley furnaces resume
operations. as some Of them are now
doing. The natural result Is that IN,
Pittsburg region II so much the less
able to compete with the great Iuino!,
combine just formed. which Is gettlna
all the business II can do and promise,
10 turn out iron at less cost than ans
other works IN the country At al
points bars promise a larger outpur
than ever before, and structural torn,
and plans are in heavy demand. Will,
the tin plate producers have found
themselves obliged to advance prices
about ten cents per box. and the salei
are said TO be very heav
BOOT AND SHOE TRADE.
Shipments Of boots and shoes hay,
been larger than in any previous yeal
amounting 10 SG2. .29S cases In foui
weeks Of August this year. agalns
3iS25S last year and 95G,37G Ia 1886
much the largest for this month here
tofore and S2S.2si In 1892. While leatn
er is quite stin. Notwithstanding ex
tremely light purchases by manufac
turers. hides yield a little at Chicago
The reduction In manufacture by tn
print cloth works. expected 10 reacl
one million spindles shortly, does no
disturb the market for staplean,
bleached goods. which is unchanged.
Failures for the week have been II
in the United States against 223 las
year, and &c In Canada. against "a las
year.
| A NOCIABLE FALLING OFF n
sPECULATIONs.