The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1890-11-08
THE CONDITION or COMMERCE.
r. O. pun &c Co.'S Weekly FL
nancial Report.
Tic Volume of business Continues Large
Deyosld Preceaent-The Elections Had
but L3ftle Effect Upon Trade-State of
theL.6n Market The Failures for the
weelsf

Dun's trSsle review says:
Tho Hume of business, both domestic
and foreign, continues.largo beyond pre-
cedcnt. apd i'll character is prosperous.
There is;Srrious depression in the stock
market, and other speculative markets
are generally lower
The elee tions interrupted business but
little, and tho result has no pcrccptiblc
effect asEyct upon the trade. though
some fears that the extension OF manu-
features Faay he checked.
Reports from all parts OF the country
show thaS business is large nj healthy
Bostoms; notes wool moro quiet. but
firm.
a go0t movement of heavyweight
goods Isl expected at better prices
Cottons arc in good demand and firm;
leather quiet but improving. There is
firmer yeeling in domestic hides, and
fair activity in boots and shoes
Philadelphia finds the wool trade less
active. l'he iron trade Is n shade
weaker, but the rolling mills are full of
orders, and the coal trnde is hardly up
to expectations with October prices
actually fuling.
ut Chicago the grain receipts equal
last years; cured meats, butter and
hides show decrease, but dressed beef
lard, cheese, and especially WOOL in
crease, and trade in dry goods, clothing
and shocseXceeds last years.
AT st. 1.ouis the trade is rallying
again.
At Cincinnati it is encouraging: the
tobacco trade is improving.
At Pittshnrg iron is rather depressed.
bat tho glass trade is fair
At Cleveland business is good. though
the clothiEr trade is dull.
At Detroit there is healthy activity.
AT Altoona business, Is cxceilvnt: also
AT st. Paul, and fairly active at Kansas
City. New Orleans reports larrer
trade than.;, year ago.
Iron is weaker here for Southern tho
sale OF No.1 being reported ut SID, and
i'essemcr is weaker at littsburg hut
at Philadelphia the revised quotations
arc SlS and upward for Standard Penn
sylyania, ST. and upward for standard
Southern, S1ld Ss!5 for-neutral forge. +,
More inquiry FOR rails is seen. and the
purchase OF the Allcghany mills by the
Carnegie interest is expected to have an
important influence on the market. Bar
mills are not SO full of orders as they
were. but structural ana plate works are
busy. Textile manufacturers; are al
active and with improving prospects.
Tin is weaker al 81 -. and load ut from
81 to Sj.ej, and copper is sold by outside
parties at SlG.T5.
Foreign trade i'll October will Surpass
that of any other month in the history
OF the country. for exports from New
York show Il gain of 81. 600. 600. indicat-
lug al aggregate OF moro than S;lO5 600
900 for country. and imports also show
an increase OF about ~. Coz. 900. indcat-
ing an aggregate scarcely exceeded il
at all. III any month.
The money market here has been act
i've at about per cent. the Treasury
having added Si..i67, 13a 10 the ci.cula-
tion Of silver notes during the week. bu {
otherwise having paid ont only as much
money us il has taken in
At HOs.on the market is stronr: at
Philadelphia firm III Is 10 per cent.
With large demand for DISCOUNTS: 4,
, Chicago close. With M advance in rates
or exchange. tho tightncss being due to
increase vi business; and ut st. Louis
the market il strong at TO : per cent
New Orleans reports an easier market.
I but ut most Western centres the demand
Is sharp. while outside Of such centres
the market is comparatively easy. Here
IT il noted that the demand for rcdis-
counts is unusually largo.
But reports ~ to collections are again
much more favorable than usual. com
plants Of slowncss being almost un-
known.
The speculative markets are lower.
wheat 3isc., cotton 5-l6c.. coffee re
and corn and lard Il fraction. Silver has
fallen To Sl.O2 per ounce and sugar is
also lower. refined having declined !,
Fail ~
rs compared with a2S for the correspond
ing week last year.