The Oskaloosa herald. (Oskaloosa, Mahaska County, Iowa) 1885-1919, 1900-06-14
BETTER DAY COMING.
All signs Point to Another Period Of
Great Activity in CONNER
cial Liner.

New York, June ar. q. Dun g. CO. 4
| weekly review of trade says: 'The adj
leurnment of congress after a successful
session. the progress toward peace in
south Africa. and the rapid adjustment
OF prices here to q more natural level
an tend to bring nearer the day Of great
er activity. But that progress has not
been rapid, and the yielding of prices
aHeets many as reaction, cutting off
part Of the PROFITS supposed to have been
secured, The impression grows, also,
mat no extensive changes in business are
| now prol&Hie until after the presidential
election and the possibility of trouble
IN China has at least as definite an in
nuence on American affairs as any
change In South Africa. The unsettled
CONDITION Of labor controversies, more-
over Operates strongly for the time to
limit expansion Of domestic business Yet
the yolume@of business ts so large that
a few months of waiting could not excite
any apprehension
fallures in May We're not only the
largest ever known in that month since
such, records were made, but of so
months covered by these returns only six
nave shown as large liabilities. Con-
Trajectory though 1t may appear, the re-
port Is encouraging. There was not a
single failure in the month which was
calculated to shake or did shake COM
mercial credits, which were stronger at
the end of May than at the beginning.
The large brokerage failure for about
SlS,o0o,oo0 exceeded in amount all fall
ures in any other month except one since
1898, and with it came another for $685.
eoO Nearly so per cent. of the total de-
faulted liabilities was due to five "other
commerciaP' failures, while the ten large
failures in manufacturing ana trading
covered less than $2,0b0000 liabilities in
all, The number and amount of 1ia-
q al Fatlr to,
compared with last year are: May 1900,
9f; 1899, 5S1. Liabilities, May, 1900, $23.-
III, ISL; 1893, S3,S20,6SG Failures for the
week have been 206 in the United States
against 1853 last year, and 10 in Canada,
against 10 last year"
Bradstreet's says: New business at
wholesale is OF a between-seasons char
acter, but warmer weather has offered
a stimulus to retail business in some sec
TONS Chief activity and most attention
is, however, still concentrated on the
prices situation, and efforts to readjust
quotations to meet current demand and
supply conditions go forward steadily.
The only exception to the general down
ward trend of prices is that furnished
in leading farm products notably cereals;
but here the moving cause is hardly a
favorable one, being the result of less
satisfactory crop reports, particularly
from the northwest. and 1t is to be noted
that advices from the central west, where
the winter wheat yield promises to be
very short, are also less favorable The
northwest has had some rains, but, it
s claimed, not enough to render the
situation free of danger. Corn crop con-
aitions remain favorable, as likewise do
those of oats, but these grains and hog
products have sympathized in the up
ward movement of wheat, which has at
last broken from it's lethargy and Is
again attracting speculative attention"