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Review Of Trade

Review Of Trade image
Parent Issue
Day
29
Month
August
Year
1895
Copyright
Public Domain
OCR Text

Dun's says: The volume of business shrtnlts, oaturaj In August, and the shrinkage nilher larger than usual, because traosa in ,luly were somewhat intlated for that . month. Some industrien are doing more than ver beiore in A njiust, and the prospecta ior f alf Irade is ood in ethers, although much depends :m the croj. and the outcome is less clear than speoulatora on either side are disposed to tdmit. Industria] trouble have not entirely luit durlng the past week have become mncii les-, ihreatening. Tlie priceof wheathas rallen luavil.v in spite of all efforts to hold back supplies from farms and to encourage buying. Wheat oiifhi to go abroad freely at present prices. but Atlantic cxports have been exceedtnt(ly ÜRht. Stories of short crops abroad have little woight in the presence of such a record ind the abstentlon of foreinn purchasers proves more effectlve than the withholding of wheat Bj western farmers. Corn has also decllned. Jotton advanced a fraction without anydeünite ?h:iii((e in erop prospects and as usual the imi'-n-c volume of stocks earried over is by most traden not approlated. lt is a relief to turn to Ihe great industries, in which euormous orJers placed some weeks or months ago cause phenomensl actlvity for the season. The strike of mili workers at Duniee, Scotland, has summoned serious proportions. About 13,000 operatives ire iiow idle. The amona Mora claim has been settled by the Spanlsh g-overnment agreeing to pay the indemnity of 81,500,000 to Señor Mora, an American citizen whose Cuban properties were confis:;itel by Spain in 1870. The cabinetof "[Ktiii rofused to pay the 8800,000 interist on the claim and it is reported that he United States authorities had coraoleted plans to sieze Havana, the captal of Cuba, when Señor Mora waived :he interest, and thusprobably averted .var.

Article

Subjects
Old News
Ann Arbor Register