The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1889-11-14
ELECTIONS HELPING BUSlNgSS,
WHAT DUN s. 90, HAVE TO FAY
ABOUT THE COMMERCIAL WORLD,

Decided improvement Ia tho hIonelnry
Situation '- Surplus roreign Capital
keohlng iWo,tment In thh Country,
oil and CoiloH Mere Aoliye-Iho Irun
ana Steel nuaipesa Remarkably strong,
NRw YoRg, Nov Or, G. Dun a.
Co.'S Weely Review Of Trade snys,
The business ouiloo5 continues 70 Inn,
prove, Az the news ihls week h favor,
able 10 tho public, even tho decision ad,
verse 70 the sugar trust, and the nxpos-
urae and proposed reorganization In cot,
ton oil arc hopeful signs, Ihemonotnry
situation haa decidedly improved here
and abyoal, and while tho naRk OF Eng
land rate is still held NJ q per cent.
money Ii quoted In opon market at l-9
per cont, That bank lost 6li l5O for tho
week, but tho Bank Of france gained
$4,000, and The fall In foreign exchange
10 Sls0 or lower fhows Glt no nppro,
tensions of a foreign demand for speels
have yaulahod, Tho VOLUME Of hutlnesa
la 6lill cnarmoui, and bHgl clanrlnga for
October exceeded those Of hat year by o
per cont though last ypnr'H showed a
gain OF 10 per cent over tho previous
year. lioaton showed q lou, Chicago
little change, aud PhilFlolphla galn of
10 pea cent over lpis year, while tho
gain at pll Other cliIsH ont do Of New
York averaged 100 lor cont, Nlost Of
tho increase IN pNymrat comes from
legitimate buslneai, for speculation Ia
ulill repIrctcd except iu trust btocl.a.
These began 10 rally but were met with
tho dech.on adverse 10 the augur trust
and the dicloiuge thsf over hllf
million had been lost ior cOltou0il stock,
holdtr iu ut,pWpN ~ Sustain iho mar
kct Other fpcuHtloa have bUr stonupr
nince the election, thn reported AGREE,
mtnt about western rates huymg a good
elect but Gao tome h not enthusiastic.
Torolsn Cnpltnl sooiuug iuyo,tmonL.
Surplus foreign capital lossa invest
mnt here, but In yaHDud industrial
works rather ihun in raIlIuBlf, aud tho
quick subscription IN Engl0ud.nf IN, 600.
900 for purchase Of mills, wuor power
aud elevators Ia Minnesota shows That
there Il no lOcl, Of lunus ngailable FOR
enlerprlfeh considered nle.
Speculation ON wheat wnHtpmpomnly
stimulated by mn official publication by
Nr, Dodge, Tie govOnmeUt taiiclan,
putting The probable Yield at i6h, OUO, 900
bushels, Whether tht paper had lelt ha
hands before Che Official rcturnn indloat.
Ing larger acreage aud Weld were
made UP, no one serna 20 have asked,
But the lowest estimate would leave the
supply FOR export much beyond the
lorEc,t foreign demand Ia foocnt yoaa,
and the net result for the week has been
u decline OF thrce'quurteIB Of u cent,
with salea Of only lO,O0Q, 900 bushels.
Corn " an eighth stronger and oats
thrccquartcra, but pork Is half dollar
and lard half cent lower Oh haa ad.
'vanccd 4 cents, with moderate trading,
and coIce u unchanged, The merely
nominal price Of raw sugar has been
made actual, tho truatlaving entered
the market ae q buyer at 4 8i cent, for
muacovNdo and 5-S for 90 degrees cen.
tiluWal, lut refined shows u decline of
an eighth. II cNn only bc rcckoncd
sim OF improvement that wool has
yielded about cent per rpound, aimee tho
concession hBa Induced considerable
buying. Manufacturers hold that no ad.
vance Is possible In hohyy wOolCns, aud
have bought little except NJ reduced
prices Thdr0 Ia more announcement In
tho clothing trade of Philadelphia, but
some tardincsS Ia collections. due 10 open
weather Cotton is al4o mort active and
thrce'eighths lower, with sales for the
week Of N0O,0OO bales, exports for the
wcok falling below last ycnrB by 10000 |
bales, while receipts show an Increase Of
80 600 hulrs,