The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1889-05-30
THE OUTLOOK CHEERFUL.
ENCOURAGING RePoRTa FROM vARl
oUs TRADE CENTRES, ID,

pun lNNpI bbN INbpi
According 10 Dun a Co.'S Weekly Rsyiew
of Trade tho Wool Market IL stronger,
nettsr Feeling EHlsts Ia IroA aad
steel, Coal IL Advancing aud Lead
weake'--A Fuli Volume Of nasiaess
Reported,
Nav YoRE, May eb,-R, q, Dun a.
Co.'s weekly review Of trade aayHl Tho
reports this week are q little more en-
oOuragng, With q volume OF business
rather larger than o year ago, there. are
decidedly better crop prospects, and OF
lata there 10 q better feeling In the
branches OF industry and trade which
have been most depressed, Iron, coal
and wool look better, and better trade
la cotton is expected b follow the large
auction here on Thuraday, The average
Of prices continues 10 decline, paftlou-
larry for products In which there 10 most
speculation, and during tho past week
the fall has been three'quartem OF per
cent, la spite Of some advance in cotton,
wool, oil aud butter, Greater activity
aud better prices la the stock market 10
fleet feeling OF increased confidence IN
the business outlook,
Wool stronger
Wool 10 a shade stronger, because
prices asked by growers are much above
the markets, but there ia little II any
change ~ yet In tho attitude OF manu-
facturera, who buy for present necessities,
but hold that tho dry goods market must
improve before even tho present prices
can bo pr0Alahly paid for material. The
treasury decision on woHteda N atiH
awaited with interest, and until u comes
little change II probable, The average Of
price Of lOl grades Of wool on tho 10Th
was q tenth OF cent higher tlmn
May 1,
Tho auction Of about 81 800 900 worth
OF cottOns brought prlCea7 l-e per cent
below those Of agents ana N expected 70
form u basis for more confident trading
hercAiterl cotton h q sixteenth stronger
and cXpuria, IN well % receipts, now fall
far behind last years. but the crop re'
pOrta from the south are generally favor
able, especially from Texas,
Tho dry goods business Ia, ON the
NlAbllf llNA ANiAlN NNNANNI HNN WIN " AlNAN
confident feeling though clothing deal
era arc la many cases complaining OF the
slow collections which result from small
distribution last winter, Close on th0
heels Of tho failure OF one large wofated
mill NJ Philadelphia comes the beginning
OF work on Immense mills for Me Botany
Wontd company ut faHalc,
nsitsT Feeling Ia Iron and steeL
There n o better feeling, but IA yet
without Improvement Of pricea, In the
iron and steel trade, while southern No,
! foundry 10 Htill freely offered here Nt
go. The higher grader Of No, | north
crn afe taken moro freely at Sls nj Phil
adclphla, and u N hoped that the decline
has been arrested, Bar iron IN In bottor
demand, plata and tank, though M the
lowest priCca of tho year, are wanted 10
thO full capacity OF tho works Srup'
tunl iron h fairly active, and there IL
good business In wrought pipe NJ The
Int advance, Bui IN rails no change up
pears, and the run OF email orders IL
about 5000 NJ tho MILL In anthracite
coal An advance In pricea on June | ~
announced, and many mines are r0tum'
ing work the total output 10 date being
about 1900, 900 tons below laat years,
Lead h weaker, % decision by the
treasury on imports OF Mexican being
awaited, Tin has advanced abroad and
sells here M 30 B-AC The agreement 10
hold lake copper at ice ia not expected
by consumers 10 prevent further de
cline, and tho buying N therefore 10.
etrictcd Accounts from interior cities
are without important change anywhere |
and show full volume OF business for |
the season. the bank exchanges outside |
Of New Yorh exceeding last years by |
about 2 por cent, AZ Milwaukee larger |
than last years N considered di,appOint |
ing, because itfalls short Of expectations |
and that ia probably the fact at many
other points,
Collssilons sIow
Collections, however, are rather slow
there and "not over good nj Kanam |
City, and at Philadelphia poor In boots |
aud shoW, clothing and groceries, but |
the general tenor OF reports on that
point IL rather favorable, Money h
everywhere In sufficient supply and the |
light demand causes unusual plethora at |
some pointi The western distributing |
cCntors Aro all encouraged by exception.
ally favorable crop prospects, which are |
also felt In speculative m0rkcta, Wheat |
has declined from lc 10 81 l-io, and corn |
l-2o, with but moderate Sales Pork |
products are q shadO weaker, and ilour
l0c 10 VOo per barrel lower.
improvement In Exports,
A little improvement appears In OK.
ports, about per cent. over last year for |
thrco weeks Of May, but the increase IN
imports is about n per cent Tho 10.
turns point 10 large excess OF imports /
for this month, and the preliminary |
for April appear 10 indicate |
m excess OF about SO,O0O,0O0, IL is,
therefore, an evidence Of reviving for.
eign purchases OF securities that gold /
does not go out moro largely, but about
" 100000 were taken for export last /
The treasury does not inter.
iorc, and offerings OF bonds are light.
In nbout q month only 5000, 900 have
been purchased nj 1903, whereas over
1000, 900 were bought last year In the
snmo time at lower prices. But IL ig
thought that more liberal offerings may
be made In Juno, and meanwhile the
treasury mas taken IN during the week
only 100000 more oash than II has paid
out, The local money market 10 amply
supplied and stoady nt 3 per cent. on
call and foreign exchange Guctuatcs
scarcely at all. In short no signs Of
disturbance appear
The business failures occurring
the country during the last
,oyen days, as reported 10 h. q. Dun a.
%. Friday by telegraph number, for the
United States 207 and for Canada 99, or
4 total OF 22O failures ~ compared with
,52 last week and 997 tho week previous
10 the last. For the corresponding week
II last year the figures were 295, made
up OF gl8 In the United States and ~ In
.he Dominion Of Canada.
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Tho Queen Confcrs Dlgnltlca.
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