The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-11-02
THE STATE OF TRADE.
PRICE OF MONEY AT HOME AND
ABROAD.
What the Manufacturers In All De-
partmenis Are Doing and at
What Rates.
AVERAGES OF THE CORN CROP
OF The WEST.
The General Outlook Still a Very
Cheering and satisfactory One
The Country Prosperous.
ESPECIAL TO TIE APrEAL.l

NNFEOlAL ~ n
PHILADELPHIA, Pa, November l.
The weeks business has shown a
slight telling off. The cause was the
sffor, to advance prices. The result is
consumers, jobbers and Manufacturers
have SIMPLY stayed ia doors. The
general eentiment lie there is no legiti-
mate opcasion for an advance in
p,ices: that the current output in all
ore industries is sufficient for the de-
mands, and that any advance is likely
TO create q reaction and dependency.
The consumption capacity is at its
highest limit, and railroad builders,
house, shop and mill builders, and the
bulldog interests generally, are be-
ginning to contract opera ions, Ma
terial OF all kinds is abundant. Nails
are POP 10; merchant iron, 81 1902;
steel rails, $S4936; plate iron, $40
2 %; pig iron, $1,000. The furnaces
are all over sold. Rail mills a make
very few orders for this years fxecu-
hon. Rolling mills generally are
crowded.
The weeks development in the coal
trade shows An enormous improve
ment in all quarters preparatory for
eoldweather. TheNovember anthracite
output will be 3 100000 tons. A BIZ
luminous syndicate is talked OF to pro-
tect pl' c. S from competition. The coke
output is heavy and 1000 ovens will be
built 5000. The latest lumber news
from Chicago aud Savannah shows all
mills crowded with orders. The Geor-
gia mills a eall sold up to January lst,
and cars ars scarce between tidewater
and lake ports.
A general lookout of $1,000 textile
workers in Philsdelphis, because one
employer employing 100 hands, men
and women, refused to discharge @
loom boss against whom certain accu-
sations are made by a portion OF the
hands, the workmen offer to arbitrate.
Business is a little slack, aud the EN-.
ployers would just as soon stop a few
weeks, and at the same time break up
the organization Of the employees.
Orders for expensive textile, mining
and rolling mill machinery have been
enormous since October LIST, and cur
machine shops are better situated
than for years. List week shipments
of boots and shoes from New England
factories were heavy. Receipts of the
trade at Boston this year, $2,Sl2, $50;
last year, ST. ,764,490. The leather msr.
ket IS very active everywhere, and the
winter prospects for the boot and shoe
trade never looked better. The rail-
road projects OF the past week foot up
800 miles in short lines that will be
built early next spring as feeders to
three Of the trunk lines. ALI kinds
Of railroad materials are in de-
mand. The provision market indi-
Gates a declining tendency in prices.
Flour, corn, pork and meals of all
kinds are in abundant supply. The
export trade is d~rseging, and specu-
latois are detected over the prospects.
The carpet factories will resume full
time November LIST. The clothing
manufacturers have been running 49,
900 hands full lime in New York and
Philadelphia all fall. The hosiery
and knit goods manufacturers are
crowded with orders, The market is
well supplied with cotton goods. Large
orders Tor all kinds of textile goods,
from ginghsms up to silks, will be
crowded in next month,