The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1892-07-21
WRINKLES In TRADE.
n. G. DUN & co.'s WEEKLY COM.
MERClAL REVIEW.

More Hopeful Are the Prospects for Busi-
ness, In the Face of Dinculties In the
Way of Strikes and Lockouts-A Season
of Plenty to Farmers.
NEW YORK, July 16.-R. G. Dun &
Co.'S Weekly Review Of Trade says:
In all directions the business outlook is
fairly encouraging. The crop report is
much more favorable than was ex-
pected, the great labor controversies do
not affect business unfavorably, but
even help 1t for the present, and there is
now small prospect of any legislation by
congress that it is likely to disturb busi-
ness in any department..
Crop reports promise results not equal
to last years, which would be disastrous,
but beyond expectations. With the de-
crease of only per cent the wheat yield
would be far beyond the quantity con-
srmed and exported in any year excep
the last and nearly equal to last years
consumption and exports. The price
dropped below 81 cents, but has since
been stronger Western receipts are
large, l,S00,0 600 bushels in three days,
and exports, al 900 in the same time,
but the quantity carried over last year
is about $4,000, 900 bushels. Corn acre.
age shows a decrease Of A per cent. and
in condition III per cent, but since
July / copious rains have greatly inn
proved the prospects and the price has
dropped 30 cents during the week. Oats
have also declined 2 cents, while hog
products are stronger, pork 25 cents per
barrel, and coffee and oil unchanged
The cotton reports show the condition
only per cent. below last year, and on
any estimate of acreage the yield, with
the surplus still in sight, will more than
meet all demands for the year. The
price for the past week has not changed,
though sales have been $4,000 bales.
Trade at Various Points.
Boston reports good trade with boots
and shoes, particularly active and many
demands for quick delivery. Leather is
firm and higher and the factories are
busy. Trade in drygoods is increasing,
with numerous western orders, and
manufacturers are operating freely in
wool, sales being $500, 900 pounds. At
Philadelphia there are more inquiries for
manufactured iron. Wool is firm, with
manufacturers anticipatinga heavy out
put Of goods. At Baltimore exports of
cattle are large and manufacturers make
favorable reports, the packers especially
realizing large profits. Window glass
is fairly active at Pittsburg, but the iron
mills generally are closed Some i'm
provement is seen in groceries at Gin
cinnati, and at Cleveland drygoods,
hardware, groceries, clothing and cloaks
are active and trade is fair in other lines.
Business is good for the season at De-
troit, with crop prospects favorable.
AT Chicago business is larger than a
year ago in drygOods.
A decided Improvement is seen at Mil
waukee, and trade is good, with fine
crop prospects, at st. Paul.
At Omaha, in all lines, trade is larger
than year ago. Business is strong at
st. Louis. AT Kansas City receipts of
cattle and grain are good and trade is
satisfactory for the season there and at
Denver. At Louisville trade is fairly
satisfactory, but not much improved at
Memphis; quiet at Montgomery, and at |
Atlanta good considering the unfayoT-
able weather, which has done some
damage TO crops. At Savannah trade
holds on well and money is easy. At
New Orleans business is seaSonably quiet
and better than last year, with some
improvement in the demand for money
Review Of the Iron Trade.
The output of pig iron July ! was
169, ,15l tons weekly, against Hills a
year ago, and the stoppage Of many
works has lessened consumption still
more, so that reported stocks unsold
largely increased in June, exceeding
100000 tons Pig iron has been weak
at the recent reduction in price. The
closing of many mills has greatly in.
creased the immediate demand for
finished products, and prices are
stronger, though contracts for future
delivery are at old prices and for beams
the lowest ever quoted. Copper is weak
at III cents, tin lower by three-fourths
of cent on speculative liquidation. and
lead weaker at 4. 10 cents. Woolis quite
active, with prices unchanged, manu-
facturers buying freely, sales for the
year at Boston, Philadelphia and New
York being l47, 100000 pounds, against
134 900, 900 last year. Business is active
in drygoods for this season, clothiers
being forced to pay advances on fall
goods, while no change in price, but
active trade is seen in spring goods.
Cottons are strong, low grade and
bleached goods being scarce and higher,
and print cloths 80 cents for CAS-. Boot
and shoe shipments from the east con.
tinue much beyond last years. Money
markets are abundantly supplied, though |
the treasury has taken much more than
1t has paid out. Banks have been refus- |
ing certificates to gold exporters and re-
demption of notes has drawn coin from
the treasury, which nevertheless holds |
as much gold as a week ago The stock !
market has been inactive, with scarcely |
any change in prices for the week.
The business failures during the last |
seven days number for the United States |
1853, Canada %, total 100, as compared
with l76 last week, 1877 the week previ
Gus to the last and ga for the CORE ,
spending week last year.