The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1892-03-31
THE BUSINESS WORLD
DUN & CO.'S WEEKLY SERMON ON
TRADE AT DIFFERENT POINTS.

In the Face of Difficulties, All the Feat
ures Continue to he of a Rcassuring
Charactor-Thc Iron Industry Toning
Up-Mcrcantile Failures.
NEW YORK. March 2G.-R. G. Dun &
Co.'S Weekly Review of Trade SAYS:
With unusually conflicting signs the
confidence which prevails in business
circles is still unabated Prices of COM
modities as whole have declined z of
per cent. during the week and are now
1S per cent. lower than a year ago at
this time.
AT Boston bad weather affects the dry
goods trade, which is yet quite salts
factory. Cotton machinery is well EN-
ployed, the boot and shoe factories busy
with a large number of buyers in the
market, rubber goods very active with
works employed over time and sales of
wool fair in amount, though the mar
ket favors buyers. At Bridgeport hard
ware is hourishing, the output Of rub
Der goods light, and trade in corsets,
brassware and building materials active.
At Hartford the wool trade is fair, hard
ware quiet and there is no improvement
in groceries or drygoods. At Philadel-
phia sales of drygoOds are smaller than
of late, though equal to last years;
wool very quiet, trade in chemicals
steady and in oils fairly active, but
other trades are quiet, with plate glass
extremely low in price. At Baltimor e
manufacturers Of cotton duck and archi-
tectural iron are busy with abundance
of orders.
Trade at Various Centers.
At Cincinnati machinery is brisk, sur
passing the trade of former years, and
retail business brighter. At Cleveland
rolling mills arg full of work, though at
prices 10 to 10 per cent. lower than ever
before; business in drygoods and hard
ware is good and in other branches fair.
At Detroit trade is equal to last years,
but has no snap. At Chicago increase il
seen in receipts Of breadstuffs, dressed
beef, cheese and butter but decrease in
provisions, cattle, hides and wool. Mer-
chandise sales are equal to last years.
Unfavorable weather affects spring trade
at Milwaukee and seriously hampers
trade at St. Louis, though the feeling is
hopeful. At Minneapolis trade is good.
though flour Is veYy dull, and at st. Paul
business is brisk, at Omaha very active
and at Kansas City improving in retail
business, though receipts of cattle and
hogs are light. Improvement is seen at
Denver, and also at Louisville, but Mem
phis reports no improvement, Mont
gOmery a moderate trade and Savannah
some decline. AT New Orleans business
is quiet, though there is a better move
ment of cotton, and sugar is active.
Tho Iron Trade Toning Up.
The iron trade shows better tone in
spite of very low prices. Larger sales
of pig are reported since the recent de-
cline and there is less pressure to sell,
Bessemer iron being steady at $l4.50 at
Pittsburg. Structural iron is fairly
active with better prospects, bar iron is
more active and there is improved de-
mand for plates. The stronger market
for copper here and abroad is counted
proof that a combination has been
formed. Tin is stronger and lead fairly
active Mt 40 cents. The coal trade is
hesitating, much affected by doubt
whether the New Jersey bill legalizing
the combination will be signed by the
governor. The woolen manufacture is
doing unusually well for the season,
though very low prices and sharp for
eign competition in some branches are
seriously felt. The cheapness of cotton
helps the manufacture, the more because
the demand fairly sustains the price Of
goods But with the uncertainty how
far foreign relations will affect money
and business here, the general conf.
dence in the future Of trade would seem
to be justified.