The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1889-09-05
OUR TRADE,
BUSINESS CONTINUES TO IMPROVE IN
EVERY DIRECTION,


sustained by tho events of tho past
week Those who held large amounts
oi government bonds were Induced 10
sell 1T prices formerly paid by tho
treasury which has illus been enabled
10 pay out about 100000 900 Tor bonds,
But these heavy Disbursements have
scarcely changed At all the marllet for
commercial paper here, NJ Boston on
Philadelphia, though speculation has
been rendered more active and sharp
advances Ia stocks and wheat have re-
suited, Tho beorelary'abeliet that bonds
20 large amount could be obtained AZ
the prices offered has been justified, aud
he has done what he could under the
law 10 prevent monetary pressure, But
the money diabumed seems likely 10 10,
lleye speculation rather than commercial
needs, ~ least until other operations
besdes the one la government bonds
have been liqudand. Stocks have ud-
yanced just $3.50 pnr share la week
and 100000 shares have been sold
alreOdy az tho rising prices 40 yet tho
money fur bonds hNi not actually gone
out Ul lhr treasury and ~ cash holdings
are little larger than % week ago, but
ila deposit In b1nl7 tiOOlOOO less
uu,lucss Continues to Improve,
luHinpW IN nll pltt OF tho country
cnntIuuH 10 Improve with the slsnulus
Of lUrgrUupl Chicago immense
Increase lu receipts ui grain aud PRO,
visions, with considerable gain in sales
Of dry goods ana clothing, Milwaukee
finds trade Improving, 80 Omnhn bust,
ness iH very good, and though trade ~
Kansas Gty l5wlher quiet the demand
for money u rnlmpinR. Az Cleveland
and fitHhurg tho iron business II eX-
p1ndIng, and NJ Philadelphia improve
mcut g. noted IN wool, groceries, iron
and steel md their products, and In coal,
with good trade In drugs, chemicals aud
tobacco, AZ Boston sales Of wool are
larger with prices we'll maintained, A
heavy demand for export " observed In
leather both sole and splits, and q good
home demand, while boot and shoe fac,
tOrics are well employed NJ last years.
prices, and largo building operations
make the lumber trade more active,
The l,uo Industry,
The situation In the iron industry ia
surprisingly encouraging, for weekly
production hardly ever surpassed ap,
pears 10 bv met hy a wonderful demand,
although dollycr,cs Of mIh continue be-.
low last ycur'H. The Tennessee Coul aud
Iron company gives notice Of an advance
Of 30 cents In ~ prices for pig iron and
the rice In thp price ut coke ut PtHburg
insurcs some advance IN pig iron there,
whilu bar, plate and structural iron arc
Ia strong dcm1nd and tho worDH bctlcr
employed thln they myp been before for
several ycuw, lncWUgr Of wages Ia re-
ported 40 several establishments, aud
The building Of several more furnaces,
two by thr Carnegie works nt Braddock
Wool s not yot freely taken by manu-,
lncturuu no current prices, but the de-
mnnl NJ hpilog ON the one side, while
holders seem little more rcDdy ON the
other To make the concession, required
by the present state Of the dry goods
market The high prices and inferior
quality Of cotton cmhnrrUEscy muuulaCt.
urcrs, but u large now supply is now at
hand,
The interior money mmlcM are 40
well supplied that the lack Of supply for
commercial purnFra Ut the chief eastern
cities Ia the moro noticeable, AZ Nil.
wnukco there W moro activity and q
strong demand, and Ot Chicago the dc.
mnnd Is good, but IN general the supply
~ ample ~ the usual rates, Collections
are improving Nt Omaha and rather bet
ter NJ Philadelphia, but nt most points
the absence Of complaint is noteworthy,
The movement Of money through the
treasury 10 the interior continues and
would doubtless have caused somo pres
sure here but for the liberal sales Of
bonds. While the Bank OF England has
raised its rate of discount, thus cvincing
a disposition 10 prevent any outflow OF
gold 20 this country, the sales Of COM
mOrcinl bills against cotton and other
crops have been lnrge, and the exports
from New York for four weeks exceed
last years by nearly 99 per cent, the in.
crcase ON imports being little larger,
The Volume Of Trade.
II IL an encouraging fact, also, that the
important failures Of recent weeks have
not produced the large crop Of miner
disasters by many apprehcndcd, II II re-
ported that creditors will grant extern
sion 10 the Waurcg0n mills, and state
mcnt from Philadelphia is that L0wiS
Brothers will pay 80 cents on the dollar,
but neither In number nor In magnitude
have the failures Of this week boen un-
usual. The volume Of trade Is still much
above that Of lust year, and olearings
show q gnin Of 8 l-2 per cent, outside Of
New York. In tho speculative markets
the general tendency has been toward
lower prices, though wheat advanced on
extTavagnnt reports Of sBortness in
European crops. But the average of
prices for all commodities il about per
cent lower than n week ago, and even
In whent the later sales indicate de-
clining tendency, rs in other grain and
provisions.
BUSINESS Failures
Thebusincss failures occurring through
out the country during the last seven
days, ~ reported TO II, q. Dun & Co.,
number for the United States 1870 and
for Canada 90, or u total of 2ll failures
as compared with u total Of 20B last
week and 9l8 the week previous TO the
last. For the corresponding week Of last
year the figures were 300, made up of
20e failures IN the United States and "A
in the Dominion Of Canada.
An Express Dcrnilod.
DENVER, Colo, Aug. 3l.-Thc Lead
villo express on the South Park railroad
was derailcd near Estabrook last night |
by the spreading Of the track. Several
cars were thrown down an embank-
ment. Josiah Gallo, Of Galesburg, Ills,
circuit clerk, was killed. A number of