The Republican. [volume] (Oakland, Md.) 1877-current, 1885-06-20
State of Trade.

4'i'N Chhi y uiit TO- DTUUSJTGeJ' 3
Journal, in its commercial summary.
says: 1.-The generally unfavorabIe
conditions affecting trade reported by
BrddStreet's last week continue un-
pleasantly prominent. The volume
of merchandise moving, so far as
data concerning it are obtainahIe, is
light as compared with like periods
in preceding years. The accumula-
ton of surplus funds at leading bust
ness centers east and west shows no
signs of the beginning of permanent
check. The dry goods market pre-
SCENTS no encouraging feature. AT
Boston trade is dull with commission
houses and only fair with iobbers.
Prices in some lines are unsettled.
The $500, 900 to $4,000, 200 sales of
f1annels at New York this week were
unsatisfactory as to prices, sharp cuts
in price being prime inducement to
buyers. The enforced idleness among
the iron mills in the west has result.
ed in a somewhat better feeling in
merchant iron at various points.
though no large sales are reported.
There has been some slight gain in
I the Philadelphia pig iron mark ct,
but none of these reported improve
mentS have been noteworthy except
by contrast with previous dizziness.
Akron, Ohio, pig iron is reaching out
into the Hudson River valley and in.
to New England in consequence of
favoring railway freights, and South
ern pig iron continues to come north
east, though as reported in reduced
quaint titles since the advance of 80
cents per ton in freight rates. The
production of Eastern and Western
pig iron has declined $500 tons per
week since May l.
The condition of the anthracite coal
trade is less gratifying, the COMPETE
ton between carrying companies be-
ing so intense as to result in the in
vasiOn of the Philadelphia market by
Delaware and Hudson coal, which
sold below the market. The move
ment of grocery staples has been re-
stricted, with sugar easier and coffee
lower.
BOSTON, June 13.-The Advertiser,
in its weekly review of the wool mar
ket says:
The market presents few new fea-
lures, and we can make but few
changes in quotations. The tone is |
fairly steady, and sales would have
been larger had not manufacturers
been interested in the large auction
sales of fiannels and had awaited the
result before purchasing. There has
not been, however, much holding
rers are now stocking up ahead Of
their wants and are buying only as
their orders compel them to. New |
woods are not selling freely, and |
transactions, with the exception of
Texas and California, are mostly in
old wool. The market is, perhaps, a
shade easier for lots of X feeces, but
XXX is firm. There have been larger
sales of Michigan. Some little Texas
has been sold above 23c, one lot at
24c, and another at Csc, but these are
for fancy lots and do not make a
market quotation. New Texas can
be sold on a basis Of 55a573c per
secured pound, but above that man
ufacturers are not paying in gener-
al way.
CONNELLSvILLE, June lathe
Keystone Courier says: The iron
strike has as yet had no effect upon
the coke trade. Shipments continue
at about $50 cars daily and the pros.
poets are even shade brighter than
they were two weeks ago though
continuance of the strike must even.
tually depress trade.