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Show ' strengthened their resources and will be abundantly able to meet any interior demands. Liquidation has also materially strengthened the interior. The surplus reserve of the New York banks is now over $55,-000,000, $55,-000,000, having shown a remarkable rise in the past five or six weeks. We have already imported about $20,000,000 of gold, which has proved sufficient, although only half of the $40,000,000 which it wa3 anticipated would be required a fow weeks ago. The improvement in the local banking situation has been so pronounced as to discourage further gold imports, unless there be a sudden and unexpected increase in-crease in merchandise exports. Bankers are now pursuing a more liberal policy towards their customers, and the demand for commercial commer-cial paper has correspondingly improved. As business operations had previously been materially curtailed through pressure from banking sources, the relief in the latter quarter should in due time make itself manifest in greater business activity. At present general trade is very quiet. Buyers have been pursuing a hand-to-mouth policy, and many establishments in the iron, textile, leather and other industries have been obliged to materially reduce their output. It is recognized that the whole country has entered a stage of overproduction, which is due partly to diminished purchasing power, and partly to an ex. cessivo enlargement of producing capacity. This readjustment between be-tween production and consumption, or supply and demand, cannot be immediately accomplished, but the evil is fully recognized and the curative process is now fully under way. As already said, the rest cure i3 working out beneficial results, and is likely, as of old, to prove the best restorative known. Some uneasiness is felt regarding the political situation; but it must be remembered that tho actual effect of politics upon business is generally less in fact than in sentiment. When economic conditions become sounder, business will promptly rally with comparatively little regard to politics. Our foreign trade, though showing very unsatisfactory un-satisfactory results for the entire fiscal year, is at last giving signs of return to the normal. JUST FGE FUN No Waiting on the Way. Ain't a-wallin' rr the wagon, let tho woid be understood; What on earthy tho use In waitln' when the waikiu'ts miguty good? Tlmo Hies fast By sun an' sun. Got lo git there Raco to rau! Ain't a-waltln fer the cyclone for to whirl me on the vay; What ou earth's the use in waitln' whon tb.0 walkln's free today? Time files fast You'll never cheat it; As the wagon comes We'll meet il! Reserved Hi3 Decision. "Does he believe In woman suffrage suf-frage ?" "His wife says he does." "But what does he say?" 'Give him a chance. The old lady won't leave lor tho convention till next week." Leaves From a Life Primer. "If tomorrow will bo your day for bunting trouble put U off until next wek," says the Old Philosopher. "There is so much trouble that It is perfectly willing to wait on you, well knowing that you'll stumble over it at any time. Put it off. If you can. It'll do for a rainy day, for tomorrow may be brilliant with sunlight and blossoms." ' Some Little Sermons. Dar's fo'ks in dls worl' what would trlt clze de Angel Gabriel fer de way he blows his trumpet. It's mighty hard, w'en you hcz done run de race, ter find dat a thlel lu de night hez skipped wld de prize You may hoi' de Bible upside down, an' read it dis way an' dat, but any way you look at it it's right dar. Kaze one man falls fum grace Is ro reason dat grace can't keep twen ty mens golu' and hollerln' hallelujah. ' Wen you goes out In de worl' ter look fer happiness you mustn't wear a countenance dat'U niako happiness take ter de woods. Text6 on the Way. Ef tlmo would wait for one man de rest of do world would say he wuz too tdow n hoss to count on. Misery likes to have friends, but I don't want to bo sociable of I has to jlne a colouy of owls. De biggest task joy ever took wuz wfjen he tried tor laugh trouble out o" de world. Note From tho Seashore. The folks clown here are fc-elln' prime. In fact, they couldn't feel no better. bet-ter. Wo think the ocean is sublime Send Laura's bathing suit by letter' MoU He probably recalled the say-Ing say-Ing that it is easier to preach than to practice. Returned Explorer Yes, the cold was so intense that we had to bo very careful not to pet our dogs. M'tss Y'oungthlng Indeed! Why was that? Returned Explorer You see, their tails were frozen stiff, and If they wagged them they would break off. "What arc your son's college coloivs?" "Well." answered Farmer Cornsax. "Jim has figured so strong in boxing find football, I should say they must be black and blue." CONDITIONS ARE FAVORABLE. We are now in a stage of the year when conditions are least favorable fa-vorable to activity, says Henry Clews & Company of New York in their last weekly Market Report. It is vacation time, and the number of absentees is large. Our harvest still possesses some uncertainties, and it is the period betveen seasons when commercial operations are generally at a minimum. Such conditions are, of course, not calculated calcu-lated to stimulate activity.. Nevertheless, the tendencies are towards improvement and the inertia which now exists in the business world is what was mo3t needed to permit of readjustment and lay the basis for a fresh recovery later on. The greatest betterment has been in the monetary situation. Owing Ow-ing to recent pressure exerted by banks in all parts of the country, prospects of a money squeeze this autumn which once caused considerable consid-erable apprehension have now been reduced to a minimum. At worst there is nothing to be feared except possibly local and temporary stringency when tho crops move. Tho Eastern banks have greatly |