The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1888-01-06
BUSINESS WAS BRISK.

Tremendous Volume Of Trade in 1887
Review of the Iron, Wool, Stock and
Other Markets-The Tsar, However,
Closes with Something Mote Than the
Usual Dizziness, Owing 10 soe oncer-
taiuty Regarding the Tariff .Snd the
Labor Troubies-EaiIures for Twelve
Months.
NEw YORK, Dec. SIR G. Dun & Co., i'm
their weekly review OF trade. say:
"a year of enormous business closes with
little more than The seasonable dullness. Trans
actions much beyond the average in Septenf
Der and October prepared for some slacken~
inc of tras, in November and December.
which has been increased by tar
i'll uncertainties by several strikes OF
importance and by n speculative ad-
vance in prices. Unusual pressure for money
during the fall on the other hand, caused a0-
justments which prevent severe pressure as the
year closes. and except at a few Western points
the money markets are comparatively easy
with collections almost everywhere fGir' ana
at most points reasonably good. doll
dar trade has generally been large, aud the re-
cent change in the weather brings greater &C.
tivity in some branches. But the pend
ing strikes and controversies about
wares. and uncertainties as to the
f,itfrs In some Of the largest industries,
operates unfaYorably. Ease of money.
and belief that the Reading strike would
not last, have Helped stocks to improve unA
yesterday, when the DAY opened with some re-
action. Hopes Of activity aua advance after
New Years sustain prices, but the great move
nent of foreign capital hitherward for invest
ment has ceased at least for the time
'sThe dying year has seen 1924 miles of rail-
way finished, making the mileage for the
United States 1910, but changes of freight
rates at the West tend steadily downward, 1875
seItuG the prospect for building next year.
The Pennsylvania reports decrease OF s1Fo,'
000 in net earnings for November ana the ERE
a decrease OF $a4, 23&
THE cotton industry records for the yeas
larger productions, sales anG profits than for
1856 and the year closes with an excellent do
Tand, stocks well cleaned up and many makes
sold ahead. But the wooden manufacture Is de-
scrlbed as having the most unsatisfactory year
Il has ever experienced, with business SmaU
and PROFITS smaller than last year Enormous
importations Eave left a large stock of dress
goods on hand
''The iron industry. sitter the largest years
output on record, is rapidly cutting down pro
duction prices, and. at many points, wages
Since March the average of all grades at Phil-
adelphta has declined S141, and OF rails 80
Sales Of $4,000 tons Alabama and Tennessee
iron are reported, but no sales of rails, ios
which next years orders cover only 100000 to u.s.
Goal reduction has been the largest or
record. but the market closes with some excite
ment. the Lehigh strike continuing, while dis
patches affirm that Reading miners will striks
Janu&rg1.
"The grocery trade has been very large foi
the year. and closes with fair activity notwlth
standing the speculation in coffee, and the rise
in sugar following reports Of decrease OF 56St
900 tons in beet product. Provisions hold the
recent advance.
'Tfhe Treasury has added S7i4,000 to its de-
posts with banks. and S1,600,000 to the cir
hulation during the week 1t has now increased
the Circulation of coin and paper about S6lcVO.-
600 since Jolly /, and St30.000,000 since July +
1886 The incomplete returns of clearing
houses indicate an aggregate in the year ex
ceeding SOL, 100000 with q gain of about 4 pei
cent. over last year, but November showed
| small decrease and in December the decrease
in payments has been considerable
''The years failures show decrease Of 2Oo IN
number. but large increase of S530O0!lOO ID
liabilities, as follows: 1SS7-Number, 1854; liza
bilties, 1851 $50, 8H; average, ST. 392. 1885,
| Number. 9.834; liabilities S114,644,119; average
| R1t.651 The returns for the Dominion of Can
| ada show 1882 failures, with $l6,3i1,76 habil'
| tiles; average, Stf.S03 The failures in the Do
minion were one in every fifty-four persons in
business; in the United States they average
| one in every III persons. F"