Show Teals in the East Secretary Vindoms heavy purchase of four per cent bonds has brought immediate immedi-ate case iI tho New York money market About J2BK was paid for over 10000000 of the bonds which are quoted 2 cents lower already but the effects i the market were eminently beneficial No unhealthy expan ion of speculation has appeared as yet and commercial loans are again quoted at G to 7 per cent while money on call has fallen from about 100 to 4 per cent The actual isbursments of the treasury in excess of the receipts for the week have bean 9SOO OW only partof the bonds having yet Ieen paid > forbut over lOOiUOO more notes have been > issued for silver bullion It is impor ant to notice that the pressure for money till increases at most of the interior cen I tree and tho banks of England Franco and I ant Germany lost uncut J510OUO gold last I week Until crops move more freely tho future of the New York money market will not bo entirely unclouaed The interior money markets aro generally gener-ally closer with the strong demand which unprecedented volume of business naturally nat-urally causes At Boston the stringency affects ects trade somewhat but wool is in much better demand sales reaching 5C33OCO pound > and the movement of boots andshocs lS larger than a year ago with leather firm but hides slightly easier Wool also shows mprovemont at Philadelphia and cotton nanufacturo is fairly active the iron trade is very active and nail makers advance prices to 12 per keg the drug and chemicals and tobacco trades arc quiet with collections collec-tions slow Chicago has a large decrease from last year in receipts of grain but increase in-crease in lard cheese hides and wool dry goods and clothing sales exceed lat years with prompt collections and the boot and shoe trade also though for the week more quiet Money at Chicago is close and rates stiffer the demand being very heavy but tho stringency does not much affectgenoral trade St Louis notes good fall trade in all lines especially dry goods and boots and shoes with money at 7 to 8 per cent At all other western points reporting trade is ood exceeding last but JoodJoxceeding years every ivjiere money is in strong demand and at mst place tight Closeness also appears at southern points Galveston hopes for relief soon as cotton moves Atlanta reports re-ports cotton going forward rapidly and not much trouble caused by tight money and Savannah reports 1 close market with receipts re-ceipts 37000 bales cotton 15300 barrels rosin and 3650 spirits Tho stock market declined steadily while money was scarce and tight and tho re l overy has as yet been but moderate Many brokers are advising liquidation of account on tho first rise though some atrong men predict a good advance The movement of freight is heavy and railroad earnings continue to show an increase though failure to adjust tho question of rates raised by the interstate commission is still a disturbing factor The general condition of business is so satisfactory monetary pressure only hindering that the failure at Boston causes no apprehension If speculation does uot prevent adjustment bf prices to the conditions of legitimate traoojthe monetary difficulty will soon be overcome by the marketing of products The business failures occurring throughout through-out tho country during the past seven days as reported to R GtDun Sc Co number for the United States 1G and for Canada 21 5 or a total of 190 as compared with a total of 193 last week and 203 the week previous pre-vious to the last For the corresponding week of last year the figures were 193 representing rep-resenting Ii failures in the United States and 21 in tho dominion of Canada |