| Show Trade In the East Our latest advices from New York are to the effect that the volume of business both domestic and foreign continues beyond be-yond precident and in character prosperous I ous ousThe i The recent panic on the stock exchange disturbed values materially of course but not to the same extent as was anticipated The reports from all parts of the country coun-try show that business is large and healthy Boston notes wool more quiet but firm a good movement of heavyweight heavy-weight goods expected at better prices cottons in good demand and firm leather quiet but improving a firmer feeling in domestic do-mestic hides and fair activity in boots and shoes Philadelphia finds the wool trade less active the demand being checked by what manufactures consider con-sider extreme prices the iron trade a shade weaker but rolling mills full of orders and the coal trade hardly up to expectations expecta-tions with October prices actually ruling At Chicago grain receipts equal last years cured meats butter and hides show decrease but dressed beef lard cheese and especially wool increase and trade in dry goods clothing and shoes exceeds last years At St Louis otrade is rallying again at Cincinnati it is encouraging the tobacco trade improving at Plttsburg iron is rather depressed but the glass trade fair at Cleveland business is good though in clothing dull and at Detroit there is healthy activity No change is noted at Milwaukee except that warm weather checks the sale of winter goods At Omaha business is excellent and at St Paul and fairly active at Kansas City New Orleans reports larger trade than a year ago liberal receipts of cotton and sugar and a good outlook At Memphis and Savannah trade is sound and prospects bright receipts of cotton being at Memphis 11000 and at Savannah 53000 bales Foreign trade in October will surpass that of any other month in the history of the country for exports from New YQrk show a gain of 9000000 indicating an aggregate ag-gregate of more than 105000000 for the country and imports also show an increase of about 9030000 indicating an aggregate scarcely exceeded if at all in any month The heavy excess of exports helps to weak en me rate 01 excnange ana in order to avert a possible drain of gold the Bank of England raised the rate on Wednesday from 5 to C j instead of waiting until Thursday the usual day of meeting The great depression I depres-sion in sugar trust has much influence but the shortness of crops and the scarcity of money for speculative use are sufficient causes for a reaction which the great I strength of the farmers organizations at the west tends to increase The business failures occurring throughout through-out the country during the last seven days I as reported to R G Dun Co number for the United States 1S2 and for Canada 33 or a total of 215 as compared with a total of 218 last week and 225 the week previous to the last For the corresponding week of last year the figures were UG7 representing rep-resenting 223 failures in the United States and 39 in the Dominion of Canada |
