The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1889-05-09
PR ICES TEND DOWNWARD.
REVIEW or TRADE FOR THE P5sT
WEEK RY DUN g. co,

Iron LyWer, " "N nN''' 'lA'N " mnke"-
CoI mil "A 'llh an Increase in Stocks
Wheat on Il 10 neoIi0o-nre"m' OF
sucors.al Corn. rs sun obcrshod-
Collections unsatls, "''"'S
NEw YoUE, May h. y" w. Dun u
Co.'S wpcbly review " uN', h35i
The Unprecedented u Interrupt "I W. pual,
ness by centennial prepan ',',a qua
celebrations has made the wccl nHNiIy u
blank la commercial aud iinaL 'lll 10,
Hpect6, AZ New York aCGum "lhlea
orders gave q surface appearance OF
greater activity on Thursday and Fra w,
but y u yet Goo soon 20 Judge which VA
Tho tide WIN turn and tho reports from
other cities, though nearly all hopeful in
tone, do not Indicate the expected I'M
proyemcnt The situation 6Coma better
~ milwaukee,, satisfactory at Omaha,
good Ot Cleveland, a 10 most branches,
but questionable na 10 iron, rather dull
AZ km-nH CITY and S. Paul and less en-
eouragng at the chief centera Of tho
grain, irun coul and leather trades,
Collections are far from satisfactory NJ
Milwaukee, not Improved az Detroit and
rather slow In groceries, tobacco and
woodcnwua Nt PhtlHdephiu but In
other lines there ana NJ other citiea
genoially tloy seem fairly satisfactory,
and nt New HOrl, some dry goods dealers
complain that collections are too good,
buyem keep no far within means,
Rcpora about the wool trade are con.
lRdlcloryi here prices are lower, but
Philadelphia reports more sales and
pro7pcctH Of an advance, A report that
tho treasury may not decide the woOlen
womtcd question for months diaturbs
importers, who have quantities Of goods
locked up because collectors wait for q
decision, Otherwise the wooden trade
shows q little better movement, but
mills are not working at nearly their
capacity Cotton hOa advanced an
eighth and print cloths ono'siytecnth,
and there Is more active iObbIug trade,
but In some lines NJ reduction In
| prices, and many mills are working
short time, silks are quiet, but linens
are quite active,
In the leather trade general discour-
agomcnt n by some thought tho pro8-
eurca or OF better things, and a fair buh.
| ness In boots and shoes continues, helped
by the recent decline In prices Of somo
| grades, The paper trade is active, and
contracts for delivery In England and
Australia are reported, The slow im-
proycmcnt continues In drugs and chom.
| icala,
On the other hand recent signs Of inn
| proycmcnt In iron and steel have NOT
beOn sustained, Hero and In Boston
southern No, ! pig has bcCn offered at
tlO, and though by now companies 10
Introduce their products, the effect on
prices Of other iron 10 felt, At phladel-
| phia, though sales Nro "hard 10 makc,'it
IN said that there Is very remarkable
feeling OF confidence, but At Piltsburg
prices are lower ynlel OF manufactured
iron moN dllllcult, and large sale OF
steel rails Ot 500 h reported here 10 have
been made by a PIttburg mill, The NJ
tempt 10 lilt price, Of bar iron Ut Phila-
dOlphia does not seem 10 have succeeded,
but structural, plato, sheet and boiler
Iron are in good demand there, at Glove
land aud here, Coal N dull The rO-
ported increase In stocks for March u
10000 tons, and strike at Pittsburg Il
expected, Copper still waits, but the ro-
port that bankers viii ty TO fix the
| price ut IL cents Is thought 20 forshndow
another disastrous attempt aud subse-
| NNNllN NNllNlNNt 4 III N lbNiI NlIhNl Nllu
| 5000 for prompt delivery here, and
lead Is very much demomlizcd
Wheat goes lower yet, having sold at
5s II cents and corn has declined 8.io
and oats lC since last week. Dreams OF
successful corners prior 10 July are still
cherished, but all the facts of the proB-
ont situation make the attempt appear
extra hazardous. Pork IL UNCHANGED,
NaF.Il VHlt alu l.. ~. 49,
fec and sugar are unchanged, but oil an
eighth higher In general the course Of
prices still tend downward, but many
products of large Importance are now 10
low that not much further decline Is OK.
pootod, while q quick advance might
follow n revival Of demand orspoculativo
confidence,
Stocks have been neglected and dull,
but u little stronger In price, with dis
position 10 believe that the next con-
siderable movement must bo upward.
Yet, ih sIatc Of some excellent reports,
tho earnings do not generally compare
with last years ~ well as thoy did in
January or February, TO say nothing OF
March, and the outcome Of controversies
at the west seems really rs doubtful as
ever, The future Of tho market depends
HlhNH NlNll NllN llbNNllloNNA VI lllbltl uHu
the feeling Of foreign investors, and for
the moment both favor holders, but
bankers look upon considerable outgo
Of specie az not improbable and tho
policy Of Secretary Window as far as 10
has been made known, does not seem
likely TO cause large disbursements before
July. The one favorable feature is that
merchandise exports nre still largo for
four weeks Of April Ot New York, cx-
ccoding last years by $4,000 0OO or 19
por cent, the increase in imports here
having been only per cent, But tho
treasury has taken In during the week
100000 more than IL has paid out, and
thOro are many reasons for expecting
that the exports Of merchandise may
presently decline,
Thebisincss failures occurring through
out che country during the last sevep
days, ~ reported by telegraph to II. q,
Dun a CO., the mercantile agency,
number for the United States lSb and for
Canada 30, or u total Of 2ld OK compared
with total Of 2l3 last woell and 2i0 tho
week previous to tho last For the cor.
responding week Of last year the figures
were 23l, made up Of 20D In the United
States and % in Canada.
saaaaaaaa