Show WEEKLY REVIEW OF TRADE correspondence of the both legitimate trade and speculation continue duller than is usual at this season though moderate improvement in trade is noticed at memphis charleston kansas city and milwaukee and in speculation there has been a little onoro activity in stocks to natural causes 0 dalness at this season there is added quite unusual uncertainty in several important branches of business the termination of the beading strike has come at last and as was suggested some time ago it only increases the uncertainty jn the iron business efforts to settle railroad wars have not succeeded but new cuts cause much disturbance the sugar trust meets anex pecked opposition threatening its existence operations of other syndicates or combinations make it impossible to forecast the future in many trades and meanwhile the uncertainty as to congressional action on the tariff is in no degree lessened within a few days the sharp rise in foreign ox change has also rendered the future of the money market less clear the fact that the beading strike but slightly affected the iron business became clear before work was resumed and it is now felt that with the known shrinkage in the demand for iron the resumption of work by a few furnaces would be likely to ensure lower prices A sale of extra good forge for 1585 at furnace is reported and the competition to secure orders for rails is still keen bar iron is quoted at but car buildings continues unusually large the pennsylvania alone has placed orders for 2200 cars and 70 locomotives eastern nail makers have combined and the price stiffens a little coke producers at connelsville have at last consented to reduce the prices 25 cents which will help manufacture the gogebic mine consolidation has collapsed and the orders for lake ore thus far indicate a heavy decrease in damand the failure of graff bennet CO but illustrates tha overconfidence of last years expansion the decision against barbed wire patents affects concerns having a capacity of tons but not actually producing without a wider demand for securities curi ties a decrease in railroad burldine buil dine must affect many branches of production the moderate improvement pro in the stock market is therefore interesting but as yet has scarcely lifted prices above the level of february ast 1st of new bonds issued this year 54 millions are tor now road and nearly 12 millions additional were listed last week but how many of these have found purchasers no one knows the quick advance in foreign exchange appears to indicate that investments of foreign capital on this side have ceased tor the present and experienced bankers now discuss the of early exports of gold the actual exports of goods at new york for three weeks past show an increase of 35 per cent over the same weeks of last year but no such increase is expected in the aggregate the treasury has taken in OGO more than it has paid out during the week slightly diminishing bank deposits the situation at washington does not promise any early action in regard to the surplus and even the bill authorizing purchases c bonds may be delayed domestic exchanges aro but slightly in favor of new york and the movements of money this way seems to have ceased with some tendency to outgo in the direction of boston at interior points the supply of money is everywhere reported ample and collections are on acho aholo improving especially in the northwest trade in breadstuff s is hindered by foreign uncertainties which keep alive hopes of war and higher prices corn and oats have declined about 1 cent each while wheat has risen as much but is weak again no change is noted in hog products oil has risen about 2 cents while cotton has weakened sales abroad and the lack of domestic demand weaken coffee andin the sugar trade a philadelphia house offers to undersell the trust and at boston there is rumor of a split while from francisco news comes of organized opposition by sprockets and others reports that tho copper syndicate has sutured the calumet hecla output for yeats lead other producers to contemplate a large in crease in production the long depression in tho price of leather is not yet broken and the boot and shoe trade is reported satisfactory the dry good market continues fairly active for cottons though print dobbs are a shade easier in the jobbing trade growing activity is noticed but in woolens the prospect of improvement is disturbed by renewal of the largo auction sales and a peremptory ealo of sillis is also announced the business failures occurring throughout the conn try during the last seven days as reported to R G dun co the mercantile agency today to day friday by telegraph number for the united states and for canada 33 or a total of failures as compared with a total of last weel and the week previous to the last for the corresponding week of last year the figures wore made up of in tho united states and 23 in canada for the st four weeks the aggregate has been in tho united states against last year and 14 in canada against NEW YOEK |