Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1892-08-06
Unexampled Prosperity and
Activity
ALL OVER THE UNITED STATES
Former Trade Records Exceeded In All
Kinds of Aerchandise-Busi-
ness Failures

doing finely, even in their own branch,
and labor troubles seem to approach .
settlement. Domestic trade 10 ofenor-
nous volume and decidedly the largest
ever known for the season. Money ID
still abundant. and somewhat general
improvement in demand causes no
pressure. But the heavy sales of Amer
ican stocks by foreign holders continue
and draw large amounts of gold from
the country, indicating foreign distrusi
of American finances.
At Boston trade 10 fairly active, es-
pecially in boots and shoes, and the
leather trade is fair. Rubber fac tories
are well employed. the fall trade in
dry goods is excellent. and the outlook
promising for woolens, the " orks hav.
ing large orders.
At Philadelphia receipts of wool are
large and prices firm, the manufac
turers doing a good business. Increase
is seen in dry goods buyers and coun.
try stocks are email. Trade in paints
and glass is moderate, and liquors
and chemicals active and In tobacco
dull.
At Baltimore the fall trade opens
favorably, country dealers holding
small stocks; and the demand fol
money increases.
At Cincinnati trade 10 qniet, but
Wholesale drug sales exceed last
years.
At Cleveland trade is good in gro
ceriee. shoes, hardware and structural
IRON, and orders for rolled iron are
large, and in dry goods business il
fairly active.
| Trade In Other Cities.
At Detroit crops look we'll, and
trade is fully equal to that of last
July.
Business at Chicago considerably ex-
ceeds last years. Collections are salts
factory, money tends to stiffen, and
fair crops aud large business are ex.
pected. Receipts for the week fall
somewhat short of the exceptional re-
ceipts . year ago IN many lines, though
IN cured meats, lard, barley and oats
large increase is seen and some in
crease in cattle, hides and flour.
Business is good at Milwaukee, i'm
proving in all lines with . brisk de-
mAnd for money.
st. Paul reports encouraging crop
prospects. Minneapolis reports = ma
| terial increase in all lines OF trade and
very good buslness in lumber, with stiff
ening prices.
Duluth reports shipments of iron ore
greater than last year and large re.
ceipts of coal.
Business at Omaha is excellent; at
Kansas City satisfactory, though col
lections are slow, but receipts Of cattle
and grain are large at fair prices.
| At st. Louis business is strong in all
lines and collections more prompt than
usual, ard receipts of wheat for the
fortnight have been heavy. Business
is good in all lines at Denver. Al
Louisville trade improves and the out
look is better. At Little Rock trade 10
quiet, but at Savannah we'll sustained.
At New Orleans money ie improved in
demand at a slight advance. Cotton
is steady and sugar firm.
The Record Near EqualIed.
The volume of trade in July Is fully
Is per cent larger than last year and
greater than la any previous year, in
spite of decline of per cent in prices
since q year ago. Imports are enor.
nous, exceeding last years over 10 per
cent the past month. which is proof oi
great activity in domestic manufactures
and consumption. Though exports
show no gain in comparison with the
remarkably large movement laet year,
but at New York drain Of half OF
per cent appears in value for FIVE weeks
the business 10 really larger than
Usually. Railroad earnings show . gain
Of nearly per cent in July and cattle
receipts at Chicago were never exceeded
in July except slightly in 1890. Though
the coal trade 10 dull, shipments fol
seven months show . gain Of 5 per cent
over last year. Pig iron IL on the whole
no weaker, though Besseme has solc
at PIttsburg for 1880 aud southern
sales a: Chicago have depressed gray
forge TO 4l2. equal to $S.l5 81 Birming.
ham.
The demand for bar iron 10 more &C
tive and plate, sheet and structural
mills are crowded with orders. Shoe
factories are unusually crowded and
shipments for the week reached 90.
600 cases against so. 900 last year. Sales
of wool increased largely, and for ths
year At three chief points are ia, 600,
600 pounds against las, 900 900 pounds
last year to date.
The Movement ls Upward.
The scare about cholera in Ruseis
has some effect, but manufacturer ars
pushed by increasing orders, especially
for dress goods and spring etylee, while
the urgent demand for neavy wsigh
suiting continues. Cotton mills are
sold ahead four TO eight weeks, and
print cloths are strong at 3}c. No
change " seen in copper; tin has
been lifted ey speculation, biil
lead is dull ct Ale. Spec
uIstion has made higher prices
for breadstuffs. half a cent for wbeal
in spite of receipts al the west exceed
ing = million bushels per day, with en-
ports of s00, 900 IN three days. Corr
has been advanced nearly s cents on
small sales and oats 3-s. Western re
ports favor shorter estimates. Cottor
has declined an eighth on sales of 5as,
GOO bales for the week, crop reports be-
ing more favorable. Coffee IL an eighth
stronger and oil three-eighihs lower
In the stock market higher prlces bavs
prevailed IN spite OF large foreign ssles
which caused . heavy onteo on gold
last week and from one 10 two miIlio8i
more vii probably 90 out today fSAtur
day. bnt within . short time the move
rnent Of merchandise vii ensure bal
ance n fsvor OF tAis country for som.
nonths 10 eafne.
The business failures during TIE las
seven days number for tire Unite<
States, 80. CsnAds. a, tetsi 1s4, -
compared vita Is3 last week, Isl th,