Show WEEKLY REVIEW OP TRADE correspondence of the the crop prospects which aro the basis of existing hopefulness in business continue good reports from spring wheat regions are favorable especially from st paul and kee and the increase in yield promises to compensate for a good part of the in jury to winter wheat harvesting of winter wheat so far indicates results fully equal to the lamerand lat erand better foreshadow ings of the agricultural bureau kansas city especially reports excellent yield and the state estimate for michigan is bushels a decrease not greater than the annual review indicated corn reports from all quarters are encouraging and the yield of oats promises to be very large though injury from rain is reported in texas the same cause operates to balance the increase in the acreage of cotton in that state but the prospect in the mississippi valley is stilt fairly satisfactory on the whole prospects favor a large agricultural yield though important crops are not yet beyond danger the manufacturing outlook is a little better though the prevailing spirit is still one of uncertainty and waiting the great strike at pittsburgh has been practically terminated and the demand for iron there is better without change in price but it is not yet clear whether the cost of production can be readily adjusted to the state of the market the termination of the strike weakens bar iron at the east and southern no 1 pig is largely offered at 1750 rails are unchanged but tho official statement shows sales by all mills for the first half of 1888 of tons against last year and deliveries of tons against last year the coal business is more active and schedule prices are realized the copper production for the half year is put at ibs auf the visible supply abroad now tons has increased tons in june lead is weaker and cotton print claths cloths the demand for cotton goods being irregular wool docs not improve and qualities average a shade lower than june the actual tade in progress though a little smaller than a year ago must bo considered largo for the season clearings at all points still show some decrease but for the latest week only 4 per cent in the aggregate and 2 per cent outside of new york compared with a year ago when transactions were very large for the season general improvement is noted at st paul in manufactories manu factories at pittsburgh since the strike virtually ended in real estate at omaha whore 1500 per front foot is paid in cash for a site for immediate improvement and in lumber and iron business at detroit iongi aunt thoro ia depressed kansas city business men complain that discrimination in freights may take many millions in trade from that point but are working for its correction A strike in the imako erie iron co at cleveland is expected to be settled soon business appears dull at most points however congressional uncertainties affecting many branches of trade while in others the natural reaction from exceptional activity is still y felt is in good shape wars of rates do not cease and controversies about export rates and discriminations against particular cities multiply the reported earnings but slightly exceed those of a year ago on roads which report earliest and have a considerable increase of mileage and meanwhile operating expenses seem to have increased generally more than earnings stocks were decidedly strong for some days but with large realizing have grown dull and weak again though still averaging about per share above prices of a week ago nearly all branches of business are to some extent disturbed by the transportation troubles and the negotiation tation of securities for new roads is not rendered easy money is everywhere in abundant supply for legitimate business and yet complaints of slow collections grow more frequent again especially in regions about kansas city galveston st paul and detroit the treasury has taken in more than it has paid out during the week and the exportation of gold still remains unexplained foreign exchanges being below the shipping point exports of merchandise for two weeks from bew york havo been 26 per cent below last years which were exceptionally large and imports still show a slight increase the supply of money is so large however than the failure of the treasury to purchase any bonds of lato excites no the business failures occurring throughout the country during the past seven days as reported tor gr dun co the mercantile agency today to day friday by telegraph number for the united baates and for canada 14 or a total of failures as compared with a total of last week and the week previous to the last for the corresponding week of last year the failures numbered but made up of in tho united states and 25 in canada the failures for this week in canada are very slight casualties are still very numerous on the pacific slope the number this week being 37 NEW YOEK JULY |