Show WEEKLY correspondence of the business is a little better and in aggregate volume is now fully equal to thai of last year at date though smaller in some important branches the iron and woolen trades have materially decreased but business in groceries lumber and farm products generally is largeant large and confidence in improvement at no distant day grows stronger this confidence has a substantial basis in the crop prospects which grow more satisfactory each week and in tho belief that changes of important industries will by congressional disagreement be referred to a vote of the people trade has improved philadelphia baltimore cleveland st paul nashville and Gr alveston and is excellent ab omaha ata s me japmas the lateness of the season re tards the revival of activity and at many the recently is still unbroken but the general result is a imperceptible increase of activity at detroit and st paul the lumber trade mentioned excellent as and and NasE vule larger transactions and b etier prices m iron have been noticed with improvement aaa in charcoal iron at detroit wool dealings are smaller than usual farmers hoping tor better prices hereafter and dry goods are not especially active the demand for woolens being slack even at low prices and for cottons rather irregular for the season the coal trade acs been large m july but seems to slacken more activity is seen in coffee which has declined half a cent and in raw sugar butare fined is easier production having overtaken consumption this state of foreign trade is a constant reminder ahafi much depends upon a continuance of foreign investments and loans the new york returns would indicate an excess of merchandise imports over exports of about for july following for the previous six months unless products move out freely embarrassment may result and the rise in prices of exportable products tends to check their movement the treasury has taken in during the past week more than it has paid out and the actual circulation of all kinds is about 5 less than was a month ago owing mainly to the large retirement of bank notes but this results from the comparative inactivity of trade and reports from all monetary cen indicate that the supply of money is ample for all legitimate business the settlement of the cable war and the excellent crop prospects have been used to advance stocks about 62 acts per share but esteria es terii freight do not yet improve in spite of frequent hopeful reports the business failures occurring throughput the country during athe rasi to B G tant aco the tile agency to day friday telegraph by number for tho united states and for canada 25 or a total of as compared with last week and the week previous jast apor the corresponding reek of last year the failures numbered made ap of inthe united states and 20 in the dominion of canada r byork aug 4 1888 |