The Oskaloosa herald. (Oskaloosa, Mahaska County, Iowa) 1885-1919, 1900-08-16
MAKING PROGRESS.
Business Appears to BE steadily oc-
cupying "a More Stable
Position.


New York, Aug. u.-R. G. Dun & Co.'S
weekly review of trade says: Progress
has been made toward more stable posi-
ton of business, with few more heavy
contracts to hold the ground already
gained but for proper Interpretation of
the weeks results one must look beyond
Wall street operations where, more than
any other quarter, the vacation season is
leaving its impress of inactivity. Specula-
ton is cautious, but investment holdings
are being increased rather than dimin-
ished, and operators cannot see that their
hesitation on the ground of politics is
echoed any more in general business circles
than two months ago. Small change APP
pears in railroad stocks, ten industrials
are 81 higher, and traction issues shade
lower. Working forces are smaller and
will soon be further reduced, probably for
three weeks, by the closing down of cot
ton mills in New England, which has been
delayed longer than expected; but our
strength is evidenced to the world by the
over-subscriptlon here of the new British
loan of e10.000000 on about 3A per cent.
basis, of which over half is allotted to
American applicants.
London sales of 10000 shares of stocks
and some bonds, and American purchases
of the new foreign loan, explain why gold
goes out in the face of foreign commerce
returns which show for New York alone,
for the week, an excess of exports over
imports of more than IS, 000, 900. Exports
for the week of $12763,719 were more than
double those of the same period of 1899, and
for the year, the gain is over $S5, 100000,
while imports gain only $20,000,000. The
money market is untroubied by financing
of the foreign loan, though the volume of
new commercial loans is well sustained"
Bradstreets says: Trade conditions
still exhibit many of the irregularities in
cident to the transition period between
midsummer and early fall trade. Despite
the hot wave with its effect on the grow
ing distributive demand, and also because
of the reports OF damage to the corn crop
which II has melted, more cheerful feel
ing is perceptible in general trade, and the
booking Of fall orders for dry goods, cloth
Ing and hardware at leading western CEN
tiers and heavy engagements in iron and
steel products, though at low prices, are
of encouraging proportions. Prices are
not showing the precipitate declines noted
some time ago, and among the really en-
couraging features are the advance in
wheat mainly based on improved export
Inquiry.
IAN immense business in steel products
Is reported booked at Pittsburgh and Chi
cago, and steel bars are really firmer, with
an advance of "a per ton announced by
western manufacturers, who have sold
their output up to the close of the year.
Pig iron is still rather neglected, but in
quiry for this material is really better at
the south, largely on export account, and
furnace shutdowns are so numerous as to
Indicate an adequate realization of the fact
that the root of the evil is in the output
of crude material Current production is
claimed to be the lightest for more than a
year past, and further announcements of
shutdowns are scheduled as far ahead as
September l."
What most people want is something
mild and gentle, when in need of
physic Chamberlain's Stomach and
Liver Tablets II the bill to dot: They
are easy to take and pleasant in effect.
For sale by Green & Bentley Drug Co.