Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1892-11-05
The Campaign Has No Bad
Effect on Business
DESPITE DEMOCRATIC ROT
That Protection Does Not Mean Pros
peritv and That the Country 10
Gong to the Doga


buying moro goods than ever before IN
some branches of manufactures, anu
realizing . slight advance IN prices.
Money is closer at some western points,
but nowhere 10 stringency seen, and
there 10 no apprehension rs to the i'm
| mediate future.
Wheat has touched tho lowest point
ever known in this market, 74ic, re-
ceipts st western ports being still enor-
NOUS. Exports have much increased
and . recovery In price to 74lc has re-
suited. but the decline for the week il
still tc. Corn has fallen . cent, with
moderate movement. but oats are
cent higher.
Sales OF cotton have amounted to
more than . million bales, and the
price has advanced An eighth, for
southern accounts appear to Indicate
greater decrease In yield and the re-
celpts are again comparatively small.
Coffee is sc lower, and hogs also, while
lard is 3c stronger and oil lsc higher.
Speculation is not very active except In
cotton.
Trade at Boston 10 very satisfactory.
Jobbing trade in dry goods is steady.
Some cottons have advanced IN price
and more machinery seems to be
needed.
Large wool Sales.
Wool is firmer, with sales of over
10000 pounds, and the clothing
trade fair In spite Of mild weather.
The boot and shoe business Is active,
with factories full Of work. At Phila-
| delphia iron has en- advancing tenden-
| cy; some improvement Is seen in boots
and shoes; the advance III paper is well
maintained, and wool Is active with
some grades.
In paints, glass and oils moderate
activity is seen. Trade Is healthy and
buoyant at Baltimore. Pittsburg notes
activity IN iron, especially III finished
| products, ana q fair trade IN glass. At
Cincinnati business somewhat exceeds
last years in groceries 20 to 80 per cent.
At Cleveland business Is good, exceed
ing last years aud especially IN rolled
iron. At Detroit trade is larger than q
year ago and manufacturers very ac-
tive. At Indianapolis business is active,
especially in fOundries, machinery and
saw manufactures.
Trade at Chicago has been satisfac-
tory. with special increase IN real
| estate transactions. Receipts of corn
have been double last years. Wheat
and hides show . gain of 20 per cent
for the week, butter so, barley 40, and
| dressed beef % per cent, while In rye,
oats, sheep and hogs a decrease of q
third appears. In lard so per cent and
in wool IS per cent.
Heavy Demand for Iron.
Money is in strong demand at per
cent, little returning from western GEN.
| ters. At Milwaukee many of the
p! largest houses were burned out, but
none appear to be crippled so far and
| collections are still fair. Business is
| active at ST. Paul, and at Minneapolis
| lumber is strong and wheat moving
more freely. At Omaha and Denver
| trade 10 very good. At Kansas City
business is large In volume with liberal
| receipts of live stock and better prices.
At st. Louis though the weather
| checks trade In woolens and clothing,
groceries, boots and shoes, and dry
! goods generally are strong. and grain
receipts heavy. At Louisville business
| is full average, and at Memphis
| slightly improved, though below the
| normal volume. At New Orleans labor
| troubles retard trade, but cotton is
higher and active and receipts of sugar
liberal with good demand.
Iron business improves everywhere
| and unsold stocks are fast disappear
| ing. Pig 10 stronger, but bar somewhat
weak. The demand for plates is only
moderate, for structural iron very
large, and sheet scarce, with especial
pressure for the lighter qualities.
Western competition depresses plates,
but for the industry as q whole, the
tone has distinctly improved.
Increase In Wages.
| Wool sales for the week have been
| 100000 pounds against 1900, 900 the
same week last year, and since Novem-
Der Is the increase has been 81 per
cent. The demand for WOODEN goo DIS
| is active for the season. Cotton goods
are firmer and In some lines higher in
price.
Fall river mills have voluntarily in
| creased wages 7 per cent. Boot ant.
shoe factories are surprisingly busy for
the season, shipments for the week ex-
| ceeding last year 3 per cent. Rubber
10 easier at 50 cents for parafine, and
| the advance IN paper has been NAM
| tanned, though there is some feeling of
| uncertainty. The bank of England
| made no advance in rates, aud money
has been steady at per cent.
Merchandise exports are improving
| and the excess of exports over imports
is now large. Uncertainty mas ruled
| during this week IN the stock market
| In general, nothing seems 10 forsnadow
monetary difficulty, and with colder
weather and political uncertainties re-
moved, 8 great business 10 anticipated.
The business failures for the past
seven DAYS for the United States were
207, Canada, 81; total, 23s, "a com.
pared with lS7 last week aud 2e5 for
the corresponding week last year.
Canadian Adviees
NEW YORK, Nov. 4.--Bradstreet's
trade report SAYS: dispatches from
leading Canadian cities show variable
condition of general trade, il being
fairly active IN Quebec, but quiet in
Ontario. Montreal reports q dull grain
trade, more activity in hog prod
but less favorable outlook for tne Ell
portcsttle trade. Unreasonable ~ sther
IL sad to have checked the wholesale
clothing trade At Toronto.
Aid FOR ST. Johns
Ioxpox. Nov. A-Isord MAYOR Evans
aud Lord Mayor-elect kaal have made
q Joint appesl for money to be used for
the benefits Of sufferers from the FIRE