Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1892-11-12
SEEN AT ONCE
The Effect Election Had on
Divers industries.
MONEY HAS BECOME TIGHT
Certain Branches Of Trade Have Diff
Guilty IN Filling Old Osders-Rai-
roads Cannot Move the Grain.

"Tne presidential election has inter-
rupted business, 10 SINE extent, IN ali
| parts of the country during the past
week. but by no means as much as
usual, and ~ nearly all points the VOL
ume OF trade has been fairly MAN.
tanned and the unprecedented activity
of industries has only been interrupted
| by the election holiday. A severe
| storm throughout most OF the northern
states has embarrassed the movement
| OF products ana checked some trades;
but was very welcome TO dealers in
winter goods, who had found the unu-
sually mild weather somewhat depress-
ing TO their business.
Distribution OF other products has
been fully up to the average, and re-
ports regarding collections are from al
most all points quite satisfactory for
the season. The money markets have
not oeeu disturbed, though working
| somewhat closer at several important
points, and foreign necessities and the
scarcity OF commercial bills have
| caused some decline IN foreign ex-
| change. lL is feared that Russian
needs and the failure TO place the de-
sired loan In Paris may cause further
/ Withdrawals of Russian balances In
eastern Europe.
Many smokers.
Trade at b ston has been fairly ac-
tive for broken week, with wooden
mills fully employed ana the consump-
ton of goods remarkably large. The
wool market had anticipated an ad-
vance IN price, which did not occur,
! though sales amounted to 1900, 600
| pounds. Cottons were firm ana the
mills are all busy. Tne boot and shoe
trade is more quiet, leather steady, but
! domestic hides more active. At Phila-
| delpnia most trades have been dull, but
iron is frmer, and colder weather
brings more demand for boots aud
shoes. Manufacturers of tobacco are
pressed to their full capacity, the wall
paper trade Is large and trade in chem
reals steady.
At Baltimore business Is good, with
| increasing exports and southern COL
lectlons better than was expected. At
| PIttsburg the production of IRON in-
creases. but also the demand, and the
| general tone is slightly better than be-
] fore, when large orders for wrought,
pig, glass, and especially plate, are IN
large demand. Trade at Cleveland is
good, the demand for manufactured
| iron exceeding the capacity Of the
| mills, and money is working closer.
Business at Detroit Is very favorable,
trade aud manufacturers exceeding
last years, and at Cincinnati founder
les are running full time. At Indian
apolls the trade in drugs is excellent,
| exceeding last falls.
Feel the Election.
Receipts of products at Chicago were
Curtailed by the election and the
storms, but wholesale trade WAS large;
dealings IN real estate show an increase
of 80 per cent over last year and the
demand for money IS heavy, the west
| drawing largely upon the Chicago sup
ply. Less than the usual interruption
occurred At ST. Louis and trade Is
active in all seasonable lines.
The railroads are crowded, offerings
of grain being unusually large. Colder
weather improves trade and collec.
| tons at Milwaukee. Some improve
menl is SON at 81. Paul and trade al
Minneapolis Is materially better than
asst wears. At Omaha business is salts
| factory IN most lines; at Kansas City
Dealthy, with fair receipts of live stock
but light of grain, and at Denver busl
ness and collections are fair. Pros
poets are more encouraging at Louis
VILE and business fairly active, but al
| Nashville trade Is far, and at Little
Rock depressed by the small receipts OF
| cotton.
At Memphis the election interfered to
some Extent and at New Orleans busi
ness is at a standstill on account of the
great strike which Is still unsettled
though cotton advanced In price and
the demand for cotton and sugar il
good. The government crop report IN.
iicates smaller yields than we're ex
pected, of wheat only 900 900, ,00(
| bushels, of corn vnly 1900 000, ,00(
bushels, and decidedly small yield oi
| cotton.
Bar Iron Dull.
| Wheat is stronger than q week ago
with no great change in corn and oats
but moderate trade In either. Cotton
pr risen over halt a cent, with sales oi
4S5, 900 tales on Thursday alone, ex
ceeding 10y $4,000 bales the largest pre-.
vious record for any day. Exports IN
October were $50. .00O, 900 poundsagains'
AL 900 900 last year, and of OIL 10000,
900 gallons against 90, ,000, 900 last year
the value of both being $50, sos, 1903
| against s43. la. .432 last year.
The output of pig iron November
was III .Os2 tons weekly, an increase ol
l3.055 tons during the month of Octo
Der. The production in the last half ol
1892 seems likely to be not far from
4,iSs 900 tons. and stocks in October
have been reduced 1900 tons, whict
indicates a consumption larger than 8
year ago. Deliveries OF rails for th'
year are snail. probably not over /,
go. 900 tons: bars are more active Ow
ing to car building, but plates arr
quiet, and new orders for structural
work are scarce. Copper is in moder
ate demand at liz cents. Tin harden
ing AZ 20t cents and lead weak 81 9-li
cents. IL mas been the duIlest October
ever known for anthracite coal AND
the Reading finds us terminall
crowded through working only three
days ia the week.
Dry Goods Iethsrgfo.
The bituminous trade has been sctiv'
and increasing. AZ Pritsburg, to-
Monogahela strike ends with victory
for the operators. Business IN dr.
goods mas been dull. but prospects arr
{ considered bright for the coming sea,
son and some biesched aud oolOreC
cottons sFe stronger. Wool was verl
active the FIRST part Of the week. witt