Springfield daily republic. [volume] (Springfield, O. [Ohio]) 1887-1888, 1888-02-04
PRICES REFUSE TO RISE.
4 VERY QUIET WEEK IN TRADE AND
FINANCE CIRCLES.
u .. D1a's Review ef D1sinsss-With
1Asals opse.lasasa, Thsrs IL An Increase
- Legitimate Dssissss, asA Greater
vsa1ns TAa. ~ this Time Last Year.


q. . weekly review OF trade will say Quiet
~ been the prevailing feature in business
during the past week, At nearly every in
oosi0r point reporting and st the chief east
efn cisies Yet il Is generally estimated
dat the volume of business transacted
eompares fairly with that of last wear to
dase. Clesrings confirm thi. estimate
shoWing gain If about ) per cent, in pay
0ents through all hanks outside New York
With little speculation in any direction to
swell Transactions, the returns are a safe in
aicAtiOn AZ this SEASON ~ o moderate IN
croase in legitimate trade, Price refuse to
rise. though meats and vegetables are =
shade higher on the whole, there is y little
Larger decrease in other articles. even retail
prices Of coal st Philadelphia having yielded
= cent?. The general level Of prices OF
soods ID lower. The monthly statements
6hoW heavy decrease in public debt n de-
s1ssse only xS3S, in the volume OF
money In circulation, the deposits in banks
having increased q. 200, 90 in January. and
. rapid return of silver from circulation
being overbalanced by an increase Of s, ,on,-
60 in gold certificates outstanding. For
the past week changes have been small
Money 10 easier. and in good supply At
Ill interior points reporting. and accumu-
lases in New York hanks 50 rapidly that
some SIX months loans n Z per cent. have
6een made. Slarksning IN manufactures
md indi,posi,ion 10 invest in new enter
prises. cause the plethora Of money here.
and purchases of bonds have increased Of
lAte, though in January the repor, was
-. S2f $40 AGAINST 44t i2s. $50 las, wear.
fhe Withdrawal Of public interest from the
sock market il illustrated by sales ot only
Ola A6S shares in January. ayainS, :, 236.
10 Tor the .ame month last wear Steadily
widening disagreement. between lines both
east and we.t, and rapid enlargement of
Ooeratins exnense. deter Investments
Without active movement, prices have de-
clined about q cent. per share for the
veek IArre amounss Of foreign capital
continue 10 come in for investment of lands
q mor,e.ses, the west and south. particu-
loriv Of late In Texa.. but statistics indicate
,haS 4 iarr.y amount of foreign capital is
q Dresent being withdrawn in part. per
hans from securities,
fxport, of merchandise from New York
Apr four veeks have fallen only S31, OOO be-
lev thoss of the same weeks last year. but
inports for four weeks show an increase of
lS per cent The strike in coal regions
h. Already caused ,ome blood she'd, several
failures in the grocery line, and great SUI
Issins and loss HOPES of its termination
within % days are not more clearly war
f>nted than thew vere two O. three weeks
60. For the time, q sitter tone results in
Sks iron market. the best grades being
snarce and ,hade higher. but il is felt that
seneral anxiety 10 seil would appear il the
Serike should end. More .sle. of rails at
81 .sOare reported. but less than were expect
"a 70 follow the Prnnsylyania lead, and the
naxket for ber iron i. disappointing. In
WOOL q Distinctly better tone is seen
With considerable buyine by manufactures,
Who feel the improved demand for wooden
soods But FOREIGN competion keeps prices
very Low. and the wool sesspu i. 20 near It's
end that NO material advance in prices is
expeeted- Staple cotton. remain firm. bu,
busineo is limited by >cantiness Of stocks
In prints some advances are reported The
markes, for provisions have been compars-