The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1889-07-18
WHAT DUN q co, HAS TO SAY This
WEEK,

elgn demand and decided improvement
here In tho offerings Of commercial bills,
The treasury put out money more freely,
and tho demand from the interior was
met without change Of rates here, The
railroads made great progress apparently
toward the settlement Of their contro'
yeraios, and the stock market took an
upward turn on Thursday, The govern
ment report for July indicated q yield
OF s0,0OOO0O bushels Of wheat, with
further information that rains had made
great improvement since returns were
gathered In Dakota and other localities
where dry weather had reduced condl-
tona most II seems probable, there
FORE that 60O,OOO,OOO bushels will be
added 10 the large stock carried over,
and tho market broke NJ Chicago aud
here on tho arrival Of several train loads
Of new wheat, The closing price h still
higher than q week ago. but tho fear Of
q climbing speculation In July seems 10
have vanished, Sales here were only
ls,0O0,0OO bushels for the week, and
corn, on sales Of only 10000 900 bushels
advanced onc,half Of q cent,
All Commodities Advance u Trlae,
The speculation In cotton was not
helped by the crop report, nor by the
embarrassment Of II Liverpool operator
who had also taken too much sugar and
lost thereon, but closed an eighth higher
for spot with sales Of 81 900 bales COT,
fec partly recovered from the late de-
cline, and Nlc1 reached $4,000 baga,
but tho doubt as TO the Interior demand
for consumption Is as chilling ~ over
Pork proluctg have been wel,rr but
without great change and oats b's
cents lower A rive Of nearly a cont ON
OH N partly explained by the official no.,
port that exports for the past year have
been the largest ever recorded, The uv-
orago Of all prlccl Of commodities has
moved upward and Ia per cent during
tho week,
The reports from interior towns show
that whIl0 the usual midsummer dull
ness prevails and nt a1mO point h even
greater than usual the early and large
iull trade gruwl stronger Collections
have improved whore they had been
most complaint aud the latest accounts
are moro sad I'netory than usual The
money markets nrO fairly supplied
and nj uoUrly all points easy with mod,
cr0lo demand, But whilu offerings Of
outside paper 40 Boston are not free aud
there is scarcely anything doing iu man
ufOCtwIng paper rates are sustained,
At Philadelphia there is an upward
tendency though the present supply s
ample, AZ Chicago banks have Lo'u SO
far prudent with Un eye 10 probable
commercial demands IN the near future,
that brokers are circulating the Umor
that o banking trust has been formed,
though ont lilo money docs not appear
10 bO oblpiuuhc at hrttrr than Csc per
cent, Tho indications point tu Hpmo
monetary pressure this fall uuirH the
treasury succeeds IN diBbuang freely,
Tho Grcut Industries In Better shaIr.
Tho great industries are, on the whole,
In bctter shape, though some signs Of
danger are dHCovcuHlc, The weekly
output Ol iron July wus l1l,il1 tons,
nm increase Of 1880 tons, the furnaces
temporarily stopped by the Jumgtown
disaster having resumed and Il tis known
that other iumoguy Of considerable
aggregate capacity will soon resume,
but the market rs clearly stronger, and
some southern pig, recently offered In
vain Ot 5000, has been sold at SlT
Rails are In bottor domlul, with rum.
orod sales amounting to $1,000 tons, and
S2S i3 now the bottom price, hut the
great strike at the Carnegie mills, nc-
compOnicd with violence ut the very
outset, may lead 10 rather extended
It.t,,ptUp,r 90 tt, i,Ip.tVV Wool a.
unchanged IN price 40 eastern markets,
but the persistent conservatism Of manu-
facturors, who are buying only for i'm.
mediate necessities and running only
part forco begins 10 have effect and a
weakening among Ohio holders H. re-
ported, Coal is irregular In price, stove
being sold Ht $40 to 81 20, hut operators
are confident and the demand seems 20
improve,
Slock Exchange strengthened,
The stock exchange has been strength
cncd by very favorable accounts Of ne
gotiati0ng between railroad managers,
who appear 20 have settled tho difficult
ties as TO eastern trunk lincs, and 10 hnyO
modo somn progress toward Omlcablo adj
iustmcnt Of western controversies. The
average of prices rs u fraction higher
than week ago, not including the trust
stocks, which caused another sensation
by the disclosure Of the amounts out
standing, The information that SS3 ,OOO,-
600 Of lead trust stocks, SjO0OO,OJO of
sugar, 5000, 900 Of cotton oil, S3l ,0O0,-
ono Of whisky and $4,000, 600 Of cattle
trust were outstanding caused a break In
Lend and some selling IN othors IL was
also mndo known that the railroad mile
ngc completed for the half year was but
l,il0 against 9,0S0 for the first half Of
1888, Exports for june were In value
only S50Os, 7i6 against SS,SS1, 396 for the
snmo month last year, but for two weeks
Of July all exports from New York show
an increase of 20 per cent over last year
and tho weakening Of speculation in
wheat Is also favorable sign as TO tho
monetary future.
Failures FOR the wcch
The business failures occurring through
out the country during the last
seven days, as reported to h, G.. Dun g.
Co, number for the United States l0l
and for Canada Is, or n total of 200 rs
compared with 202 last week and 2l5
the weol, previous TO the last. For the
corresponding wccl, Of last year the
figures wero 24O made up Of 9l0 in the
United States and "a in the Dominion
of Canada
ChiUngo Races
CulcAGo, July TO- First rRco, four and ono
half furlongs, 1Wllu Blackburn frat lapp
ness second, Can Can third, time, 0ib 10. Sec
ond rRoe, four and uno-hllf furlpngs Amelia
| ilrst, NlH O'Lcn second lulic Il third, time
| 0IWah beating the record Third rncc, selling
thrcc.iourths of n mile SpNlling frat, Girls,
| pcno second Dancing Kid third, tlmc, l!ltlb
! steve lcromc frat Winning Ways second
| Cupid third; time, l,li. Fifth rnoo one and
one sixteenth miles, GUnymolu nrst, Cham
| pngnc, charlie second, Annie Blackburn third
| timc, lilsi1 Slath rAuo, ono mile, Maori iirRt
| Llttc Minch second, Laura DHyldson thirdi
| uigc, liB0 go Seventh roco, ono and one