Show tELEGRAPHIC The Coanlrjs Business I Now York 23 According to toinor rows Public tho clearing house exchanges ex-changes for the past week will show the following gains and losses expressed in percentage aecomponied with the corresponding cor-responding week last yru Losses Chicago t2 Mil waukec 232 Uails New York iO5j Boston 29U Philadel phis 225 St Louis 579 Baltimore 15C Cincinnati 231 fcan Francisco 20 Pittsburg 515 Louiavilleli1 3 New Orleans IU1i Providenco 393 insas City 499 Cleveland 437 Indian oils 161 New Haven 592 Syracuse 331 Lowell 161 These exchanges need more interpretation than usual One year ago a gigantic operation in wheat culminated in extraordinary transactions at Chicago and Milwaukee The ox changes at Milwaukee were at that time about 31 per cent larger than usual and those at Chicago fully 3000000 in excess ex-cess of the average for the previous or subsequent week Hence it happen that the exchanges at Chicago and Milwaukee Mil-waukee compare very unfavorably with those of tho corresponding week last year Yet the inclcae at all other cities is decidedly encouraging and there is no other city except those named at which I an increase does appear Even San Francisco so long the tirdy member of tho family begins to churn improvement improve-ment in business though tho gain is I small Leaving Chicago and Milwaukee out of consideration wo find that increase in-crease of exchanges at other cities outside of New York has been 37030000 or 23 pet cent The increase at New York is not materially affected by the activity of sjuculaicm in stocks so that the increase in tbo aggregate movement executing the two citiei named is moro than 24 percent per-cent There has bow no such increase in prices during the past ytar The exchanges show that there hits been an increase of 11 to 13 percent per-cent in the quantities of products excl anged outside of the ctioimcnli nd but putting aiida the reports of exchanges ex-changes there is a decided improvement in the condition of the iron the dry good the woolen goods and the grain business and proSpEct for the future lire remarkably bright |