The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-11-05
DUN&CO.'S WEEKLY REVIEW
Powerful Impetus Toward Activity 10
Trade and More Goods Being Sold.
Approach of the Pre- ,ideniial Election Has
Only Slightly Retarded Business. Yet the
Volume Is Far Beyond Precedent

NEW YORK. Nov Ar. g. Dun " Co.'s
weekly review of trade says: Even In the
last week before a presidential election
business has continued very active; indeed,
the volume 10 far beyond any precedent LOT
Q similar period. Yet the coming cleo
ton has plainly diminished business in
two ways-multitudes have been diverted
from trade to political activity and many
more have chosen 10 postpone transactions
until the political uncertainty has been re-
moved. Yet that trade has been of enor-
nous volume shows how powerful is the
impetus toward activity and ex-
psnsion. The people are clear
~ buying more goods than ever
before. and in some branches manufacturers
are realizing slight advance In prices.
Money is closer at some Western points.
but nowhere is stringency seen. and there
10 no apprehension as TO the Immediate
future. Wheat has touched the lowest
point ever known in the market. 73lac. re-
ceipts at Western points being still ener-
nous, though this week averaging little
less than 800. 900 bushels daily. Exports
have much increased and recovery IN price
to 74lsc had resulted. but the decline for
1c. with moderate movement out oats
are 1c higher Sales OF cotton have
amounted to more than q million bales
and the price has advanced sc. for
Southern accounts appear To indicate
greater decrease in yield and the receipts
are again comparatively small. Coi-
fee Is asc lower and hogs also. while
lard Is quarter stronger and oil lssc
higher. Speculation Is not very active. eX-
cept in cotton.
p,tfsl,uru nofes acf,yitv m iron asnacial-
" in finished products aud a fair trade In
glass. AT Cinncinnati, business somewhat
exceeds last years. IN groceries 20 10 80 per
cent. At Cleveland business is good. ex-
ceedinR last years. especially in rolled
iron. At Detroit trade is larger than
year ago and manufactures very active.
At Indianapolis business is active and es-
pecially in foundries. machinery and saw
manufacture. Trade at Chicago has been
satisfactory, with especial increase IN real
estate transactions. Receipts of corn have
been double last years. Wheat and hides
show gain of 80 per cent. Tor the week.
butter 80, barly 40 and dressed beef p per
cent, while rye. oats, sheep and hogs de-
crease of a third appears III lard 90 per
cent. and in wool 75 per cent. Two cloth
ing failures are due to oVer-trading. aud
money Is III strong demand at per cent,
little returning from West cepters. At
Milwaukee many of the largest houses
were burned out, but none appear 10 he
crippled SO far. ana collections still
far. AT st. Paul business is active. though
collections are retarded by good weather
for blowing. 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 bet
ter prices. At st. Louis. though tie wealth
or checks trade In woolens and clothing.
groceries bOOte and shoes and dry goods
generally are strong aud grain receipts
heavy. At Louisville business is a full
average, and at Memphis slightly improved,
though below the normal volume. At New
Orleans labor troubie retards trade. but
cotton is higher and active anf receipts of
sugar liberal with good demand. The iron
business improves every where and unsold
stocks are fast disappearing. Western
competition depresses plates. but for the
industry as whole the tone has distinctly
improved. The demand for wooden goods
Is active for the season; cotton goods are
firmer, and in some lines higher in prIce.
Boot and shoe factories ore surprisingly
busy for the season, shipments for the
week exceeding last years Q per cent. Rub
Der is easier at 65 for parnffine. and the adj
vance In paper has been maintained,
though there Is some feeling OF uncertain
ty. In general. nothing seems TO fore
shadow monetary difficulty. and with colder
weather and political uncertainty removed,
great business 10 anticipated.
The business failures occurring through
ont the country during the past seven days
number 2SS, as compared with Isl last week.