Show WEEKLY TRADE REVIEW dmd A co in IB their trade review for the week ending june say that it is both a matter of surprise and congratulation that the money markets and trade have been so well sustained in spite of heavy exports of gold the exports of products are much larger than a year ago with not much difference in imports but the excess of imports was very large at this time last year secretary foster has called in the 44 4 per cents and in interviews with bankers announced the ability of the treasury now to pay off the whole of them if desired by holders he also made most positive and reassuring statements regarding his power and determination to maintain the purity of gold and silver in use the new york money market hasteen has been easy rates on call dropping from aj 3 to 3 per cent with heavy receipts from the interior money is tight at st louis at nashville and at cleveland while in other cities all legitimate needs are easily supplied money is firm at boston but in good demaud demand at chicago and milwaukee the review says throughout the west and south the fine crop prospects give encouragement almost the only complaint now coming from new orleans of drought in the adjoining region in the northwest continuous rains have made the prospect unsurpassed chicago reports larger receipts than a year ago afo of flour wheat cheese hides and three times as much wool smaller receipts of oats rye barley and but one third as much of of crude meats with full trade in dry goods and bright prospects generally st louls louis notes a lair fair volume of trade milwaukee great improvement from rains and st paul also while at minneapolis the lumber trade is unsurpassed at omaha and denver trade is fair and at kansas city dull bemuse because of too wet weather at louisville the outlook is good but at nashville a heavy dry goods failure causes some depression and there lei is no improvement at memphis new orleans reports trade dull cotton in fair demand sugar active molasses dull and rice quiet and lower at savannah trade improves and at jacksonville is quite steady 11 the iron trade has improved the boot and shoe trade to is quiet wholesale merchants being averse to credit in dry goods it to is noted that there is no talk of prices cotton goods are being sold very low in many cases wool moves slowly but yielding at the west gives a better prospect in bread breadstuffs stuffs the decline continues and wheat to is 21 2 cents lower corn 2 cents oats oate if 11 and cotton also declines three sixteenths business failures for the week mentioned were for the united states 24 and for canada 13 for the corresponding week of sat last year the figures were for the united states and for canada 26 |