Show WEEKLY REVIEW OF TRADE correspondence of the gold has begun to go abroad in largo having been shipped bince may ath ill the present state of foreign trade suspension of foreign investments in this country involves exports of gold to meet current balances whether any part of the foreign capital previously invested hero is called back but there are indications of foreign realizing in some securities the cheapening of money in this market by treasury disbursements for bonds has made the outgo larger and jacho secretary states that the price paid will not bo advanced at present merchandise exports from now york for three weeks past fall 12 per cent below last years while imports decline about 6 per cent so that tho excess of imports seems not much below last years and in april tha excess was nearly partly in settlement for bonds previously or ferch tho treasury during tho past week has paid out more than it has taken in and money hero is abundant and cheap with moderate bums arriving from the interior the outgo of gold in view of the largo 0 idle money causes no apprehension at interior points money is scarcely anywhere close and at nearly all points easier but complaints of slow collections do not diminish the volume of trade is almost universally unsatisfactory but the unfavorable weather is in most cases accepted as the chief cause and bamo bomo improvement is reported at and memphis in oregon and in south carolina exceptional reports represent trado better than that of last year generally a decrease is noted with prevailing hesitation the volume of exchanged 8 per cent below last years outside of new york shows increase dt chicago omaha kansas city new orleans and san francisco but the decrease at boston is 20 per cent at st paul and milwaukee 16 per cent at cincinnati 13 at baltimore 9 at st jlouis and denver 8 and at pittsburg and detroit 7 cpr cent at new york as usual of late the decrease is considerable but largely due to speculative changes the tendency of prices has been downward both for securities and for products the average for products was temporarily lifted by the speculation in grain hut has fallen again to a point 5 per cent below the highest for the year wheat has declined 3 cents with more favorable crop prospects and sales of 53 millions bushels here corn has fallen 2 cents for the week and oats 1 cent hogs and lard have advanced 15 cents per ba an d coffee half a cent but cotton and sugar do not gain and oil is 3 cents lower than a week ago the decline in wool since may ast 1st has averaged 30 cents per KS is weaker at 71 cents for continue very dull and leather genei ally favors budesa though tile movement of sole leather has been large this month no special activity is seen in the boot and shoe trade orders falling below expectations iron is very irregular since the reduction to 18 by the thomas co some pennsylvania makers insist upon better prices the lehigh 1850 and others some southern makers meet the reduction while many others are waiting developments definite though not great improvement appears in the dry goods and grocery trades agents have advanced prices of many grades of shootings and the demand for staples presses close upon the supply in woolens there is better feeling rather than actual improvement the distributive tribu tive movement in groceries has increased and holders are more confident it is to be noticed however that in new york wholesale trades there ia rather more complaint of tardiness in collections and the increase in the number of failures thus far in may in the united states against for the same week last year indicates that the over bonfi dence of last fall and winter was in some cases ill judged the stock market has been du pressed about 1 per share by gold exports and by liquidations in some prominent stocks but a vigorous rally began friday morning railroad earnings continue decidedly satisfactory but crop reports while more favorable do not indicate anything like a full yield of wheat and the uncertainties of congressional action still affect unfavorably many branches of industry and trade for businessman business can adjust itself to almost any certainty but to uncertainty it cannot adjust itself tho business failures occurring throughout the country during the past seven days as reported to B G dun co the mercantile agency today to day friday by telegraph number for the united states and for canada 12 or a total of failures as compared with a total of last I 1 week and the week previous to the last for the corresponding week of last year the figures were be ing in the united states and 22 in canada NEW YORK may |