Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1892-10-01
THEY Ash NO ODDS.
Business Men of This Country Are
Confident

Business Men OF This Country Are
Confident.
NEW YORK. sept. 30.-R. G. Dun &
Co. weekly review of trade will say:
Business continues good. The demand
for commercial loans is unusually
light for the season. The outgo of
money from western centers for pur-
chases in the country Is larger than
usual, and yet there is no embarrass-
ment.' Crop reports are uniformly
favorable, and the promise Is distinctly
better than It was 4 few weeks ago.
Al the south trade IS much encouraged
by some advance III the price OF cotton,
and is therefore more active. In gen.
eral business is not only large ana re-
markably healthy, but the outlook for
coming months Is everywhere regarded
with the utmost confidence.
At Boston dry goods are active and
the mills are very busy with the de-
mand, so much IN some lines that they
cannot produce goods fast enough
Collections are excellent and all sec
tions seem to have money enough for
payment of bills. The boot and shoe
trade Is very satisfactory and sales of
wool much larger than last year.
Al Philadelphia iron improved with
large sales, and hardware, recently
quiet, Is now more active. The liquor
and tobacco trades are busy and also
the manufacturers of cigars. The
Jewelry trade improved with the trade
In oil and naval stores. Dry goods are
moving steadily aud trade in groceries
and glassware IL good. Iron Is better
IN demand at Pittsburg and the glass
business is good.
At Cleyelsnd trade is improving and
larger than last year, and at Cincinnati
the clothing trade - better than in
previous years. though slight decline
- seen at the south, but the western
trade largely exceeds previous records.
Chicago reports merchandise sales
greater than last year, the harvest pr
gresHng well, money active, with Il
much larger outgo IN the interior than
LIST year.
Speculation in breadstuffs Is lower
with small transactions. Wheat and
oats are nearly q cent aud c9rn IL
cents lower and the receipts were
6.342, sos bushels in four days against
exports of only 650,ll6 bushels. Spec
ulatIon IN cotton has been enormous,
sales reaching 5000 bales, with an
advance OF quarter during the week.
In spite of better receipts and more
favorable crop reports. Pork products
are higher. Pork 10 cents a barrel,
lard 81 and hogs 25 cents per 100
pounds. Coffee is an eighth stronger,
but OIL about , cents lower. Western
receipts OF cattle are l75, 900 head
against l45 600 the same week last year.
Coal IS more active but az cut rates.
deliveries having been this month al
May prices and general decline to
make another nominal advance.
The Hebrew holidays caused the
usual decrease in sales OF textile goods;
the cnOlera scare has diverted many
buyers from New York, aud 1t is be-
tween seasons for woOlens; but dealings
are stIll very large. The outlook IN
woolsns is excellent aud sales of wool
improve 10th here and at Philadelphia
where the consumption - greater than
m any other year. though some conces-
ssons on territories and OhI0 delsines
are seen at Boston. At the three mar.
kets 233. 600 600 pounds have been sold
this year against is9 900 600 last year
g. date. Cottons sre less active aud a
shade lower. Trade in knit goods s
hesitstIng and the prod action Ia a little
below lsst wears. but stocks OF vooleus
are SINAI and trade IN carpets quiet.
The boot aud shoe trade - good and
shipments frem Boston for the year
/ thus far show an increase of 53 per
/ cent over isst years and ass per cent
/ over those of ten years ago. Large
sale. IF pig ron are reported. especially
at Cincinnati snd sOn1e advance ln
/ prices expected. All works making
structural ron are very busy aud the
outlook improving, though bar iron -
stlll ~esk and rails inactive. Copper
y unchsnget a. III cents. tn hasitat-
ing a. 1905 and lead dull ~ "a cents.
Though exports from Nv York for
four weeks rave been g per cent
smaller "a value than yesr sgn, they
exceed those of other years, ard the
increase IA En4ports st New York for
the month has been about per cent
Foreixn exchsnge has risen slEhuy
and money has advanced = 5 per
cent. hut n snxiety - felt, ADD stocks
srp a shafs stronger tnsD vsrk sg7.
The tenisg a fuT uauneY At ire west sai
south 4 snta ler faaa us1si.
The busness failures during the lsst
tau dsvs Neelhsr far ths tntesi
states 1T. Canaia. 81. total. 2s a.
eompsred with lii isst week. lz1 tae
Neek previous g. tae EAst. sat ss0 far
tae corresponding we~k ~ At year.
Me- Rcveis Rseers