Democratic Sentinel, Volume 16, Number 30, Rensselaer, Jasper County, 12 August 1892 — TRADE IS IMPROVING. [ARTICLE]

TRADE IS IMPROVING.

July’s Volume Was Fifteen Per Cent. Above Last Year. R. G. Dun & Co.’s weekly review of trade says: In every respect save cne the busi- . ness outlook distinctly improves. Theheavy sales of American stocks by foreign holders continue and draw large amounts of gold Irom the country, indicating foreign distrust of American finances. It is within the mark to say that the volume of trade in July, as indicated by clearing-house exchanges, is fully 15 . per cent, larger thun last year and greater than in any previous year, in spite of the decline of 5 per cent, in prices since a year figo. Imports are enormous, exceeding last year’s over 19 per cent, the last month, which Is proof of great "adtivify in do- > ipestic manufactures and co’ffeumptionl Speculation lias made higher pricesfor breadstuffs, half a cent for wheat in spite of receipts at the West exceeding 1,000,000 bushels a day, with exports of 800,000 bushels in three days. Corn has been advanced nearly 5 cents in small sales, and oats 2J cents, Western reports favoring shorter estimates. Cotton has declined j on sales of 596,000 bales for the week, crop reports being more favorable. Coffee is $ stronger and oil # lower. Business failures, occurring throughout the oountry during the last seven, days number 184, as compared with & total of 193 last week.' The corresponding week of last year the figures were 231.