The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-11-19
DUN & CO.'S WEEKLY REVIEW
Prosperous business Situation Tn.
changed, Excepting, Perhaps,in Wool.
Good Wholesale Trade and Prompt Collections
Are Reported from Nearly Every Point
Plate Glass Trade Is Dull.

NEW YORK, Nov. 1s-R. G. Dun & Co.'S.
weekly review of trade says: No imper-
tant change appears in the condition of
business, the distribution of products con-
tinues enormous, production by manufac-
turers Is greater on the whole than In any
previous year, and while some hesitation
Is seen about entering into new accounts,
the general tone of business and indus
tries is remarkably healthy. Trading in cot
ton has been much the largest ever known
in any week, but stock dealings have been
but moderate. At Boston business con-
tinues large. collections good, money
easy. In general the situation is I'M
changed, excepting that wool is
more Quiet. The shoe trade Is
in good shape and lumber active.
trade in heavy dry goods. Wool is very
quiet Shoes are steady. Iron is In good de-
mand. Money 10 little lighter. much be-
ing placed at per cent No material
change is seen at Baltimore. At Pittsbugg
demand for pig-iron is good and finished
products moving freely. Plate glass Is very
dull, but other glass trade unchanged.
strike In the harness manufactures at Gin
cinnati during the busy season disturbs
sales In most lines business at Cleveland
Is good. Some large orders tor pig-iron
have been cOuntermanded. There Is strong
demand Tor money. Manufacturers continue
busy at Indianapolis. and the jobbing trade
at Detroit. Chicago reports good whole.
sale trade and collections. Receipts OF
corn, wheat and butter show large in
crease, but decrease IL seen in oats and
wool, dressed beef, hides. Hour and rice.
Money IS In strong demand at per cent.
Trade continues strong at st. Louis. with
collections prompt. Milwaukee reports
larger trade, with good demand for money.
Jobbers at st. Paul report back
collections. At Kansas City cattle re-
ceipts are large. hut grain receipts
light. money in better demand and
business fairly active Denver reports
very satisfactory trade. Al Louisville
trade is about the average, but dull IN Lit
tie Rock. with q small cotton movement.
At Nashville business Ia improving. Sales
of cotton amounted to 2. 100 bales, with
an advance of sc. In wheat and
corn advances of sc were made, but oats
in coffee Except for cotton, speculative
markets have been comparatively dull
In the great Industries little change Is
seen. Shipments OF boots and shoes from
of last year. Cattle receipts at Chicago
are falling behind. Golfers are now only
working half time. In pig-iron come hest
tation of buyers Is seen with cancella-
tion of pOstpOnement of orders. but
the situation Is considered very healthy.
The bar-mills are said TO he near the end of
their orders. A sale of steel rails at the
fixed price il reported. October exports of
principal products were Sl5.Og5. 45S smaller
than last year, and in two weeks of n ovem-
Der the decrease has been S2O0OOOO This
fact. with q large increase in imports, has
caused an advance In foreign exchange to
SASHA, and, with money dearer ut London
and cheaper here, there is thought to be
some prospect of gold exports
The business failures occurring through
ont the country during the past seven days
number 240. as compared with totals of 2I0
laRt week. For the corresponding week Of
last year the figures were 2S5.
LuII in Orders for Iron.
CLEVELAND. O.. Nov. 1S-The Iron
Trade Review says this week: From q
statistical view point. the iron trade is in
excellent condition. and the siren gtheninR
tendency in price lists. noted in the raw
iron market for some weeks. continues. yet
these facts are discounted, for the time
being by q hating demand in certain lines
of finished material. There Is lull in in.
quiry. and orders are on smaller gauge
than in the weeks preceding the election.
Some building enterprises. it is we'll
known. are temporarily put aside. In
stances might be cited of manu-
featuring firms who, having planned
the pressure of demand for their
product. are now disposed to wait and see
whether this demand will keep up. The
placing of orders for a large amount of
structural iron waits on q good many de-
cisions of this sort. While iron manu-
facturers do not look for any sudden dis
turbaDce to business. and certainly will
not indulge in the sort of talk that would
bring about such a result. there Is a tone
of conservatism in the operations. Buy
ers wait with a view to getting the benefit
of any variation in the market that may
happen to be In their favor. When the fact
is generally appreciated that there will be
no change In tariff legislation for over q
year, and that any change made by the
next Congress would not take effect for
say eighteen months from the present time,
there Will he no hestancy about re.enter-
ing the market.
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