The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-11-10
DUN g. CO.'S REVIEW.
A Lnrge Volume of Legitimate Business, Ac-
comp MED by Improving Prices.

A large Volume of Legitimate Business, Ac-
comp .ni-d by Improving Prices.
NEW YORK, Nov ar G. Dun e. Co.'s
weekly review Of trade says: The volume OF
legitimate business has been wonderfully well
maintained during the past week, during the
whole political campaign. And this Is tho more
remarkable because. In the months preceding
those OF political excitement. speculation had
been unusually active and extravsesnt There
has come a confident in many
branehes OF business. and larger trade. with
improving prices, usually Anticipated as q result
of the postponement OF very many opera
tons and purchases in past months.
In the reports from interior points
generally IL 10 noteworthy that the aggregate
OF transact ons " large for only five working
days AT oil citlss reporting, money continued
Ia fair or active demand, While scarcely any
complaint of strineeucy 10 heard; and colisc-
tlons, though some hat intercepted, have BEEN,
the whole. satisfactory, with improvement.
noted in several cases. The large volume Of
currency in circulation. together with the tenn
porary inactivity OF speculation. explains the
matter. The circulation of all kinds of money
reached 81 ,407, 67l 66S, Nov. J. being Sal 500 900
larger than a year ago. In the past week the
treasury has alec paid out 81 100000 more than
il has taken 10. The report OF apthrseits
aud btuminous furnaces IN blast showed
weekly output Of 128. $40 tons. against lis. lS9 q
month ago. aud l3g, 487 year ago. In the out
put Of charcoal iron. an increase Of about Per
cent In the month of October makes the weekly
output only about IA per cent smaller than at
this date last year The increase of late has
been mainly in Southern production. No
change in prices is recorded as yet. Steel rails
have been at very low figures in all 40. coo tons
tnksn by tho Vanderbilt roacs. ana as
much more by other companies. and II is re-
ported that large orders can yet be placed at not
more than s21
The wool market has been decidedly more act
i've and stronger, but while q more con dent
feelIne prevails in the goods trade. improvement
on orders or purchases 10 not yet observed. Cot
ton goods have been firm. with strong under
tone. The boot and snoe trade is firm, and act
ual deliveries this year thus far have been TO
per cent larger than LAST year. with net prices
averaging shade better, while stocks
usually narrow. The coke and coal trads 10 Very
active at Piitsbure. and the OUTPUT Of Antbra-
cite coal, 9l3.S+9 tons for tho last week, has
been foe the year thus far 81 $50 against
2ISI9. 463 last year, gain OF nearly 10 per
cent.
Exports fell per cent. below last year ct
New York, while imports here In October were
about per cent below last year. Prices of the
chief exportsblo products still rule high ss 20
prevent q free movement, and wheat has ad-
vanced during the past week about cent, With
sales OF 81. SOC, 900 bushels; corn has advanced
pc With ssies of 500 900 bushels; oats have ad-
vancrd &c; pork % cents per barrel; OIL IL cent,
with small trading: cotton sixteenth. with sales
OF 365, 600 balps. and coffee has remained steady,
with sales 7oi ga 900 bags during the week.
Transactions IN stocks have not been heavy,
ana prices have scarcely changed ~ all in The
aggregate
The business failures during the week num-
bered 226. as compared with 275 last week and
25i the week previous For the corresponding
week last year the total WAS 2i5