The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1890-01-16
A LITTLE DISAPPOINTING,
THE OPENING TRADE or THE NEW
YEAR NOT uP TO EXPECTATIONS

Prevalent sickness 70 aome rEleni Re'
spandble ~ Interior mertaia OnI
Fairly Well furplied-fhe Aetiaa %
tha Readlua Company iil'e.y 90 oaus'
Dislyust-Ao Important Change Ia ihs
Great Industries--ooal Trade Duli
NEW YoRK, Jan, ll,-R q, Dun &
Co.'s Weekly Review Of Traie says
An easier money market and colder
weather have helped business some, but
II cannot be denied that tho opening
trade OF tho new year has thus far been
q little disappointing, For this the
widely prevalent alelneas 10 10 some OK
tent responsible, as II interrupts opera
tona Of buyers and sellers Ia every
direction and lessons retail trade except
Ia drugs, In other branches business
has been fairly active, but not up b OK
peotatona, though the prevailing belief
~ that tho lack IL only temporary, and
that large business 10 10 be expected
soon, Tho large payments by the
treasury have much relieved the money
market, tho excess Of disbursements
over receipts during the past week hay
ing been no leas than ti,eO00 0OO liul
tho remarkable movement In foreign OK
change, which has risen from sl.si tc
$3.50 during a single week, tend
strongly 10 Increase the impression that
tho advance In rats by tho Bank Of
England 10 o per cent and the refusal
Of gold bullion for export by that bank
have started q considerable realizing ON
American securities by foreign holders,
The possibility OF gold exports at no
distant day h, therefore, discussed, In
ports and exports have both fallen of
much since Jan, /, aud while either
change may be but temporary there are
some facts which point 10 different con
illusions, Cotton exports have been
remarkably heavy Tor three months, and
are now falling behind last years, q
change which isnatural and must lo OK
pectcd IN continue, The movement Of
WHEAT has not been large IN December,
with prices comparatively low, and can
hardly be expected 10 Increase much
with higher prices, In general tho
foreign demand Tor American products
must have been 20 some eNtent satisfied
for tho present by the unprecedented OK
ports Of the paht quarter
neadiug May Cause Distrust
On the other hand, speculative dlatur-
Dances NJ London ana Berlin render II
not Improbable that aome realizing on
p.sVlauu luuaut u.auIa tu.U Ia. lapUaI
anu the action OF the Reading company
iallkely 70 cause datrual After official
announcements that lntcrct would cor,
talnly DO paid on tho first preference
bonds, committee unanimously re'
ports that no intotcit has becn earned OF
can bo paid, II would not bo strange II
dihntlHluct0n with American eccurItlc,
should be much Increased by such an OK,
| pcriruce, Hs thlH II one OF the most con
apcuoua Of MI lorc'n invWtmCnb
Rrporh from other oliirt are little lea
favorable. Comparative dullness Ia Dc
combpr was expected t0 lo followed bN
activity after New Houy'h, and there Il
some disappointment
Mouty sud toiivo.iora
Respecting money aud collections, the
| NNNWNllNlN ~ NAIhNN lNN NlNfN NN.INNNNH tNlNh
collections In dry goods, clothing and
groceries az Philadelphia, with money
ouslcri prompt collections In boots and
shoes and average IN other trades ~ Chit
cug0, with money ilrm, q good demand
nt per cent and slow collections at
Detroit; aUmr nlringcnoy ~ Cleveland
with collections hpttr than was expect
cd, considering iight country trades tomt
improvement Ut AulwuukUr, ratios Z 10 Z
per cent Ut ~ Louis aud some Wrlugcn.
cy 40 SL Paul, are tho more prominent
fcl,ureA In general tho interior mar.
kctl appear only fairly well supplied
Notwithstanding the large amounts Of
money sent wut and south during the
past lour m1nlh6
No Change In Industries
No important change ia seen In the
great industries, Cotton continues u
do well and wooden goods have opened
at last years prices, but ns yet without
specially satisfactory Indications. The
iron trade Ia siill In doubt whether the
heavy inCrcuan In production has been
matched 6y the increnaoin consumption,
aud while the prevailing opinion lnyors
higher prices, u NAV be- noticed that
moderate lota are occasionally offered
below current quotations, while In bur
iron the feeling Ii less confident Of lato;
In plato iron the movement is now worry
active, aud no snlls Of ruils are reported.
Undoubtedly the enormous building lust
year sustained the iron trade, but con-
btruotion NJ such u rate cannot DO cX.
pectod 10 continue. The coal trade ro.
mains dull
Iiuanosa Failures
Failures during the last sovcn days;
For the United States, 83l; for Canada,
so, total nan cnu,nnpnd .yih non lnaI