The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1889-11-07
WEEKLY TRADE REylGW,
WHAT DUN g. 90, HAVE TO cay
ABOUT THE COMMERCIAL WORLD,

Ahp NNlNlNN W ANflN'11 AhNllNNfa lAfEfi
Though signa of Heuollou Hoain 90
Appear ~ somo Of Tho larger Centers
Ia General sac Oullaob Continues
Coed ANA Al iirauohes of Industry
BusH
EEw YoRW, Nov e,-R, @, Dun &
Co.'s Weeily Review Of Trade says
Money has been working closer during
tho past week, falling 10 per cent last
Saturday, but then rising steadily to o
per cent, even moro h1lng paid In some
cases, II docs not appear that tho
change has any other cause than the do,
mand from tho interior, which con,
llnues later this year than usual, and on
account of great business activity iBun-
usually large, The foreign situation
has not essentially changed, tho Bank Of
England having gained 5l,Gi0,OO0 for
the week, while tho Bank Of France Lost
g5aO,O0O, There h scarcely any evidence
Of important movement Of securities
either way, but tho falp Of Minneapolis
flour mills and p0lthwoslem elevators
10 an English syndicate for 90, ESQ., 900 IA
q sample Of many industrial operations
Ia progress, which In tho aggregate
bring vast amount Of foreign capital
into the country Tho exports Tor four
weeks NJ New York have exceeded last
years by 1870 per cent, but an enor-
nous Increase Ia cotton exports dO(s not
there appear, Tho Increase In lmporta
here has been about SO per cent for the
month,
The volume Of business continues very
large, though slgnH Of reaction begin
% appear at some NJ the lurgcr ccnleia
Of dihtrlbutlOn, Thus the gain Of 0 l.e
per cent in exchanges 40 New York last
week was due 10 stock operations, and
tho elearInga NJ Boston ION below last
years again, and at Boston, Philadelphia
aud Chicago together the Increase was
but "a per cent, but NJ all other points
together II was over 10 per cent
Prices Arc slnening,
though the general level has advanced
scarcely a quarter Of one pee cent. In
two weekai Ia tho speculative markets
there has been moro activity aud, OK.
Gept In pork products and coffee. an ad,
vance, These changes call for more
money Ia the movement Of products,
and building operations Rro also unuHu-
ally active at many cities, While the
treasury has paid out 81 ,500,0O0 more
than taken In 6ince last week, tho aup-
ply NJ Interior markets does not seem AZ
satisfactory The root Of the matter
seems TO be that expanding legitimate
bualneaa requires money which h atill
absorbed IN various speculatIOng,
Liquidation Ia trust stocks atlll con.
tlnuea particularly In cotton OIL which
has been heavily told at a severe decline.
But railroad stocks have been very stub.
b0rnly held, aud average In price almost
exactly IN they did week ago. Ar.
rangcmOnts bctwceu the Chicago and
| Northwestern and the Union Pacific aud
q rUlmOrcd aalo Of tho Chicago and hlt0a
look toward consultations OF grrat aya,
toms and IN the end projected railway
trust OF gigantic proportions, but mean.
while popular disfayOr may lead 10 in-
tcrruptiOn by congress on state lcglaln-
turea For the prraent, Nt oil events, tho
visible tendency toward consolidation
encourages holden VI securities and tho
traffic In progresa Il large and profitable,
Advance IN liroHdIunA
Speculation IN breadatuCra has ad,
vanccd wheat $50, and corn l-ic, on
sales Of % and lO,OOOOOO bushels, ro.
gpectiytly, but exports do not increase.
Oil has advanced . 8'9c, oatS 5'Sc and
cotton l-sc, Notwithstanding port re-
ccipts continue larger than last
year. both receipts and exports showing
| gains OF 10000 bplea for the week. COf.
| fee hna declined a qunrtOr upon larger
crop estimates from Brazil, The sugar
market IN only nominal and prices OF
refined atd not we'll maintained, but the
trust stock has been moro firmly sup.
ported, India rubber ~ stronger at Z 10
Tor paratlnc, and another corner IN tin
IN feared, the price being ~ 1.Sc,
Coal has been gtihcnod by cooler
weather, hut btll soils about iOc below
circular prioca.
Wool Moves More actively,
sales ot Boston reaching 3,33i, 900 pounds,
but NJ Philadelphia the failure OF q house
carrying l,0O0,UOO pounda has u dcprcss.
ing influence, and generally the trade
appears active only whore concessions
are made 20 meet tho moods OF m0nu-
fOcturc The goods trade does not yet
improve ~ TO prices, but haA a more
hopeful look, and in the clothing busi.
ness here is feeling that the tide has
turned. Iron and steel IN oil forms are
IN great demand and llrmly held, with u
shade Of advance In bar iron aud nails,
but the feeling h expressed that the im-
proycmcnt has been toorapid to be main
tanned, and some reaction IL deemed pos
eiblc.
Tho accounts from other citcs erc un-
usually encouraging Boston Iinds wool
moro active, though at unsatisfactory
prices; leather steady, with u free move
mont In sole, and tho boot and shoe trade
bhuslhctofyi u large tfAdc IN lulnher,
espsolaly spruce ana IN ali building
InHVVIlhlh' Nnu DHIVly HtcNuy UllThtJ