The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1892-09-22
DUN'S WEEKLY.
The Semi Panic Has Been Fol.
lowed by Confidence.
THE GENERAL CONDITION
OF lndustrials and Trade Throughout the
Country Il Remarkably Good.

All the Features continus to 6s Of Re-
assuring Character-Iron Trade on the
Boom-The Fail Business to BE Large.
General Financial oossip-The mer.
eAntiIs Faiiures
New York Sept t1.-R. G Dun g.
Co.'S Weekly Review Of Trade says:
Cholera has landed and the business OF
New York goes on exactly as If 1t had
not, Cars are as crowded with passen.
gers and streets as badly blocked with
cartloads Of merchandise as they were
one week or one year ago, which means
that the heaviest trade ever known at
this season ID cow In progress The
came Is true Of other cities, almost with.
out exception. and the outlook for fall
trade is at all points regarded as exceed.
ingly good. But many people are afraid
that all other people will be afraid, and
consequently speculative markets de-
cline, The selling Of stocks has been
quite heavy and the decline In prices has
Averaged about 81 per share for all the
active list, Money is in ample supply
and the demand from the interior is less
bIdu USUAL hb llllS btdSOl, Dub lhI
amounts are held out of the loan market
by people who are looking for excep.
tional opportunities TO buy cheaply.
There has been much talk about pesti-
lence as an excuse for low prices Of
breadstuffs and cotton but the fact Is
that the enormous stocks brought over
from last year afford sufficient reason
for exceedingly low prices, Receipts of
wheat at the principal western ports in
four days of this week have been $780,
s33 bushels, while the Atlantic exports
bave been only ,065, ,43j bushels, and it
is not strange that the price has declined
three. quarters of a cent. At ~ 5.S
cents wheat is lower than it ever has
been in New York, except in two days
in 1884. Corn has declined one.half
cent in sympathy but 1t is also the fact
that western advices regarding the
growing crop are more favorable. Oats
have fallen half . cent and lard is
shade weaker In cotton there has been
heavy selling, Oil has declined one. half
stronger,
Trade In Sections.
At Boston trade In drygoods is unusu-
ally large for September and the mar
ket for print cloths is almost bare. while
duction. and in bleached goods some ad-
vance appears. Woolen mills are we'll
supplied with orders and the distribu-
ton is remarkably full. Boot and shoe
shops are crowded with orders and
leather is active, with some kinds of
finished uppers higher in price. At
Philadelphia trade in drygoods is the
most satisfactory for many years and
the carpet manufacturers are busy.
Western and southern buyers are liberal
in their purchases, and in dress goods
especially an increased trade is ex.
pected, wool Is in fair demand, tobacco
improves and trade in chemicals is
active, especially in disinfectants. In
Pittsburg the iron trade improves with
increased demand, though Bessemer pig
Is weaker. Window glass works are re.
Stunning, but the Monongahela coal
miners are idle because of difference
In wages. Trade in Cleveland is good
in most lines and fair in drygoods,
crockery and drugs, with iron in better
demand and money active Retail
trade at Cincinnati is quiet, but the
western lumber trade shows an increase
Of 90 per cent, over last year. At De-
troit freight cars exceed capacity of
works for months to come more grain
and ore are moved than in previous
years and trade prospects are favorable.
At Chicago business increases and
nothing adverse appears, though some
decrease is seen in receipts of wheat,
rye, barley, cheese, dressed beef, and so
per cent. in lard and wool, compared
with last year, while in -four, corn,
oats, cured meats, butter, cattle and
hogs considerable increase appears.
Trade at Milwaukee is brisk and at
Omaha excellent. A generous fall trade
is expected at St. Louis If pestilence
does not interfere. and at Kansas City
business is satisfactory and receipts of
grain and cattle large. At all western
points collections are reported very
good. Trade at Louisville is improv-
ing, at Nashville fair and at Little Rock
satisfactory, while at Montgomery eau
tion prevails and at Galveston the late
cotton CROP, causes slow collections,
though trade otherwise improves. At
New Orleans business is only fair and
money is in strong demand, but cotton
is lower, while sugar and rice are active
and strong,
Iron Trade on the Boom.
Iron is more steady, the output Sept.
! being only 151 ,64S tons against 155, 1856
Aug. |, and unsold stocks have been re-
duced about 63, 900 tons. The demand
for structural iron is very encouraging
and plate mills are we'll supplied, but
quotations are variable, and bar iron is
unsettled. Copper is lower at III cents
and tin at 20,3 in spite of large distribu-
tion, but lead is more steady at 4l5
cents. In drygoods there has been a
notable increase in number of buyers,
and the market is more nearly bare of
woolen goods than it has been for years,
the medium worsteds and the serge
trades having the preference. There is
heavy demand for cOttons, and medium
bleached goods are higher, with browns
firm, Carpets are stronger, and many
mills demand an advance of ~ cents.
Money has been steady at per cent,
while foreign exchange has fallen so far
that exports of gold are improbable.
Merchandise exports fall below last year,
as is natural, because shipments then
were abnormal, the decrease in two
weeks at New York being about 90 per
cent. The treasury hes added 81 800, 900
gold and 100000 silver to its stock,
while putting out 100000 additional
paper. Here. as in all parts of the
country, the supply of money is ample
for legitimate needs, and the shrinKage
of speculation is helpful as regards the
possibility Of monetary pressure later.
Respecting the cholera it is well TO re-
member that sanitary precautions are
more thorough than ever before and at
foreign cities have sufiiced to prevent
a ls.rA 1. a.