Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1892-06-04
TRADE is NOT DULL
Dunn 4 Co. Receive Eneourag-
ing Market Reports
FROM NEARLY ALL stcTIoHs
Ths osnsssI Trend II Towas1 . t3so1>hinl,
Fumes and Aaess Rslsahs Co.
cition Of Businsss.

NEw YoRK, June S.-k- q. Dun =
Co.'S weekly review Of trade viii sAys
The tone Of commercial reports fEom
various parts of she country ,ndsossn
that the buaness has TO some exasnt
improved. More favorable westhar
has materially improved the crop proc
pects st the vest, while . istt1o I'M
rrovement in the price Of cotton he
operated - q stimulus 70 busine0 oe
the south. There has been no dlet0yb-
ance in the money market. and tAo
volume Of currency IN circulation be-
increased during The month Of Nay
Aoout 81. 500 900, amou unssne ~ 81 .630,-
900 600 June 1. Collections through>
out tne country Are. on the whole, boer
ter than OF late and fairly eatiafactory.
Wheat has declined hall = cont, the
western receipts beng unusually large.
though the exports from the eastern
ports have alec teen quite large.
oats are . shade lower, PORK pro-
dnctA unchanged and Oil little lower.
In cotton the belief that acreage viii
be much diminished had helped opecu-
iators 70 advance the price q quarter o4
. cent and the transactions have beon
moderately large. .'he iron busincm
shows considerable increaae IN trsasoo-
tons, though there 10 - much com~
pisint ~ ever OF low prices both at
Pittsburgh and PhilsdelpiliA- Plg iron
ie weaker and there are doubte whether
the bottom bas been reached, though
at Chicago the market 10 conssderebty
stronger and authorities hold that the
stocks of pig iron in the country 10 nov
considerably lower than they have
been.
The market for bars 70 weak ~ the
lowest figures ever known. and the
new demand for structural iron 10 not
quite as large ~ has been expected.
Qaies sa Csai Nsrkess
The market for copper has oeen
quiet and the bulls have controlled the
price OF tin, but lead has been slue-
gish. Quiet prevails IN the anthfac,te
coal market, the companies hav-
iug decided upon another ad-
vance IN prices which the conditioa
Of the market does appear 10 warrant.
There 10 little new in the wool market
or in the WOODEN manufacture. though
such supplies of new woods that Are IN
hand are readily taken aud the tone 10
somewhat hrmer. Al Boston business
10 more active, boots and shoes are de-
cidedly stronger and leather very fr,n.
At Philadeiphis there 10 81 incresee ia
sales of iron, and hardware 10 quite
active. Wool IL stronger.
Trade st Baltimore 10 generally good
at Pittsburgh finished producb CT iron
and steel are in good demand. though
| prices are the lowest ever known, and
the glass trade 10 fairly active. The
dry goods trade at Cleveland " excel
| lent and other trades fairly active -.
cept IN iron and ore ~ .Cincinna&i.
tobacco sales are; unusually large
4 and whiskey is active. Gene
raj business at Chicago le
greatly IN excese OF laso
years record. There 10 great incrcase
IN wheat aud -four. cured msats,
dressed beef. lard and cattle. Cola
rams etili depress trade at Milvaukee.
but crop indications at Sc. Paul are
more favorable At Omaha husincsa -
very active IN groceries. shoee and
hardware. and much improved in dry
goods. while the recelpts Of gram and
cattle are increased.
Healthy ~ Kassss city.
At st. Louls the great food engrosaes
attention and interteres with trade.
But At Kansas City business seenls
healthy, though the weAthertInterieree
with the receiptA OF grain and cattle.
Business 10 very good at Denver. but
still retarded by bad weather ~ Little
Rock and Memphn, improved .
little at Nashville, but very duil
at Savannah. Cotton strengthens ~
New orleaas. and there 10 .
hotter feeling in business generally.
while sugar is IN fair demand and rlce
steady. Speculation in stocks durne
| the past week has been only fairly
active. n part because considerable
selling Of securities on foreign account
WAS Uncovered or reported. and she
movement of gold To Europe hae been
resumed. About . million has iseen
engaged fof shipment. bat the supply ol
money abroad 10 % abundant ana tbe
demand IN foreign conntrIes % mod
crate that it seems sonsewhst isnprotse~
bic that the drain from this countfy
would lse large ~ any time The eesseu.
The business failures durioe the lei
seven days number for the United
States l.5. Canada 80. total 297, ~
compared with lss last week, lae tbs
week previous To the last, and "a fol