The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1889-06-27
BUSINESS MORE ACTIVE,
BUT THE OUTLOOK ON THE WHOLE
HAS NOT IMPROVED,

HAS NOT IMPROVED,
nan a Co.'s Weekly Review of Trade aays
tho Hallway Outioek ID Dlsoouraglng,
tho Iren Market shows an Improve
ment, Crop Prospects Continue 10 Im-
prove, wheat Advances While Cotton,
oohao, Pork and lard Arc Fraction
Lowor,
NEW YoRK, June ee, r., q, Dun &
Goa Weekly Review of Trade saysi
While business Ia rather more active II
oannet be said that tho outlook has on
tho whole improved, There IL q better
feeling with larger transactions In iron
and wool, and crop prospects ara more
favorable, liut tho agreement Of rail-
way presidcna has not prevented q 70,
newal Of strife, and tho decentralization
Of rates Is spreading widely
Tho exports Of gold to-day will
exceed H,4OO,OO0, II the railway out
look continues 70 discourage foreign
investors and the banks begin the last
half Of tho year with low reserves gold
going out and large CROP 10 be moved,
the monetary prospect will not ba quite
encouraging The present Increase over
last year In tho volume Of payments
through clearing houses h large AZ Now
York, averaging 81 per cent for two
weeks Of june not no large NJ Boston,
Philadelphia and Chicago, whore speou-
latlon N active but averages for tho two
weeks 1879 per cent, aud smaller, but
yet considerable Ut tho thirty remaining
towns, where the increase for two weeks
averages O,s per cent,
The actual Increase Of 4 per cont In
volume Of paymentais Ia fairly distributed,
though at about u third Of the cities
bualneaa falls below lat years, AZ
Milwaukee continued wet weather re'
tarda, and business Ia rather quiet at
Kansas City, and outside Of speculative
operations and the iron trade II h gOner,
ally duh NJ Philadelphia, but marked
improvement Ia noted AZ PIttsburg, and
In a less degree at Cleveland, Tho de-
mand for money Ia rather active there,
but generally very moderate, with ool'
leetIons not on tho whole pcrceptibly
bettor
Improved Crop Prospects,
Rains have decidedly improved crop
prospects, In tho northwest, no that great
hopefulnem tlnges all commercial re-
ports from that section, aud the do.
m0ralilnllon Of rail rates h commonly
supposed 20 promise better returns 70
farmers, while the difference In cost Of
transporting eastern product 10 western
consumers iq already considerable
throughout the region north and west Of
Illinois, l.sltO 0pd canal rates have also
been reduced aud are near the minimum,
Better prlcOg for iron are reported At
Pltt6burlt 10 Philadelphia aud 10 6omO
extent hero, the advance on many kinds
Of pix iron being about 90 cents por ton
liut northern No, 1 can still be- bought
here No 5000 70 $lS and southern No, I
NJ Sl6,25 TO Sli per ton, The markets FOR
manufactured products are stronger and
higher, but there Ia q feeling Of doubt
whether the Improvement will hold after
the orders have been placed which result
from recent destruction Of property by
floods
In coal recent hopes have not boon
realized II Ia oven stated that the
Reading company has not received
single order az the late advance, aud
Nlts below The schedule are reported At
Philadelphia
Copper Ia unchanged, but tin II lower
nt 90 conts, production having boon
stimulated, Wool Ia rather stronger,
lOi quotations averaging o Of a cont
higher, and manufacturers IN somO lines
buy more hopefully, but In many othon
The state Of The dry goods market Is 0till
given ~ q good rcaaon for buying no
moro than enough for immediate 70,
quiremcnta,
An AdVnneo In Wheat