The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-07-23
FOREIGN MARKETS.
Trade Conditions at London. Man
chester and Berlin.

London. July business on .hc stock
EAchan" last wccl. Has very quiet. Owing
To- the rise IN money ami To- the political
outlook. buyers wsro practically absent.
whale the selling. encouraged by thr t3T-
favorable aspect az the future Ind II
marked effect upon prices. especially I'm The
home departments CorsolS falling - POINTS
and the war loan ; paints. Most home
railway securities ais. declined heavily.
and the Chimes" railroad loan, I'm spite of
the anr"aucenent - The payment az the
Chinese securities falling from 10
points.
The best market was the American.
Union Pacific Railway shares rising "a
Points. Illinois Central II. ard others irac-
uCEaly or suffering no change
Mines showed no special features. such
changes a. there ver" being downward.
Money. until Monday. %. for the We <
and for tiIre" months bills from "a u IS.
MANCHESTER dull.
Manchester. July -. Very trying and
spite. tn reduced output in yarns. medium
and lower counts ar" arCuTuuldtiuG. Fin"
American and low Egyptian counts. how
ever. are having a fairly good sale. al
though very irregular. TIL" India demand
Is now rcyIy!ng. and fair business was
placed during tie week in Gh"oties. mull5
and other light goods from Egyptian yarns.
Both Calcutta and Bombay axe buying.
ShiriiuGs are wanted. hut the prfc" limits
are for the most part unacceptah!e' ana
at no time atJractiy". Naaras took Wide
cloth and colombo bleaching cloths. China
took nothing, and is CaUrclliuS orders
wherever possible. Print goods want o.
terS. bat fanCiss are slow. VI AicanS are in
fair demand.
Eou.n reports very good demand for
dress prints. both Tor hom- consumption
and expectation. Aivires from Mulhausa
show mat 4 very small business IN yarns
and cloths was done curing the week. but
that prices were maintained
BETTER TONE At BERLIN.
Berlin. July 22.-Althcugh BoerSe transaC-
volume. a better tone prevailed than during
the week previous. lue partly 10 the better
American iron market reports and partly 70
me improved reports from the International
camp In China. the caln.r view taken II
IN" chinese situation. and the unusual tight
less of the money market.
The feature of the week was tho rise in
coal shares through the continued exc isur
reports from mining centers. Never heless
they r"lapsed Yesterday upon the publication
Of the July return II three Of the principal
companies. which are not wholly satisfsc-
tory.
Iron shares gained moderately. hI. they
also fell of yesterday upon the r c"ip' Of
reports OF the elimination Of new orders for
iron goods and the rumors that the Ameri-
cans Will comhin" to force iron exports in
reference to which some fears are expressed
for Gcrmany's foreign business.
Chinese loans We're stronger upon the
prompt payment Of the latest interest quota.
fnEmanian loans. which had recently fallen
heavily. are now rising upon Tn. solution Of
the Cabinet crisis ut Bucharest;
The money market wa. surprised that tho
Bank Of England raised the rate a fun I
per cent and the effect here has been q
moderate advance in London exchange.
Further Imports Of English gold are not
expected. Money rates have not yet been
affected by the london, adyarce. ON tho
contrary. money reCeds,; To 2i.. q pho
NONE nal low rate for Berlin. Private dis
count remained ~ per cent all the week
Tine coal situation is remarkably .strong.
the scarcity being still uErclieNed. The
State railways and naval and merchant
vessels embarrassed for want uf coal.
Dealers find II impossible 10 accumulate
stocks.
The iron situation Is gradually weaken
ing Silesi3 reports I"H"1 tons increase in
the stocks of pix iron since March l.
The German organ expresses great dis
appointment that the Hiy-Holleben ar
r,ucprrsnt does not abolish tEc American
Cour.terVaiiinE sugar duty.
The incomes of the German railways dur
ing June was Iii,na1c marks. or an in
crease OF il. t0.0op.