The Republican. [volume] (Oakland, Md.) 1877-current, 1885-01-24
Trade and Labor.

New YORK. Jan. H.-Brdd SsreetS
Journal, in its commercial summary, |
says: 1.-THE general commercial sit
uatiOn throughout the country, as re
ported by special kilograms from
leading trade centers.. corroborates
the view expressed last week, that
while,there is a feeling abroad of
greater confidence respecting the out
look for business there is little APP
parent basis therefor, beyond the adj
vanced price of wheat, which in
turn is of course the approximate
cause of the gain in Indian corn oats,
-four, and particularly so for the
movement in hog products. As pre-
viOusly indicated. an improvement
due to the spring demand was not
unlikely to take place in the staples,
and mainly in food products and dry
goods.
The gain in prices at Boston is the
same as that noted over a month ago.
Manufacturers still claim that they
are producing at loss. The revived
purchases of dry goods at this season
were to be expected, yet the volume
is smaller than one year ago now.
The Industrial situation, as whole
ia rat her worse 'bc6S It has been.
Continued re0GS- -. eau RAJ the
East and West, strikes of violence in
Indiana and Ohio do not mark an
improvement.
AT leading cities the situation is as
follows: Boston says the advance in
dry goods prices has been maintain
ed, but at loss of sales. Philadtl-
phia reports a continued feeling of
confidence, but IA smaller volume of
transactions, Pittsburg announces
an increase in manufactured iron pro-
duction, but no encouraged outlook,
especially since the failure of Oliver
Brothers & Phillips. Cincinnati re-
ports a stronger tone in trade, but
sales are not increasing. Chicago tel
egraphs: mo marked signs of re-
vival, but working that way" AT
St. Louis the dry goods movement is
smaller than last year.
In grocery staples the market open.
ed dull, but developed same activity
] and firmness toward the middle OF
the week. closing weak.
Dry goods in New York are receiv.
! ing more attention from jOhbing
buyers, and The trade in specialties
has developed a moderate degree oil
activity.
Telegraphic advices from promi.
nent members of the iron trade at
the large Eastern cities do not tell OF
any serious reVersPs in the spirit oil
renewed confidence in the general
situation, and the outlook which had
been previously expressed and which
are given below. The intelligence OF
renewed inquiry for pig iron noted
from Pittshurg, Philadelphia, Cincin-
natl, Cleveland and st. Louis is re-
ceiyed by members of the trade at
the East with mildly expressed
pleasure. To adj that there is little
if any such demand at the East is to
make known what is quite apparent
from the dizziness characteriZing the
market here. Prices are unchanged
at Sl9, SIT and SIG respectively for
No. /, 2, and gray forge irons. The
bar and structural, plate and tank
iron market is quiet. The steel rail
trade is also dull, with S27aS28 quot
ed as the nominal figure, Scotch
pig-ron imports during the week Eat
New York; amounted to but $50
tons. The market is very dull and
prices unchanged.
Boston, Jan. 1.-THE Advertiser
in its weekly review of the wool
market says: The market shows
increased activity, resulting from a
large inquiry from manufacturers.