Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1892-08-13
TRADE is NOW GOOD
The Markets Show . Healthy
Trend
TOWARD EVEN BITTER TIMES
The Great censess Respond - shs Tepca
OF Qasckensd ana Qasossning
Trsfhc-

Co. weekly review al trade 4lA o4y
The great industries are ell dong re-
msrkAbiy well, exeeps the iron naann-
tacturer. IN which ixbor controversies
ssve been partially setlled and sssm
likely 20 he wholly scttlcd spesdl,y.
The COLLAPSE Of tho baildlng strike hsso
revsves activity IA many departments
of trade. But stocks stiii come hack
from Europe in considerable amount
and little more gold has been ordered
for shipment today. The iron output
August ! WAS i55,i3 toas weekly
against ios. Isl July and l6s. .5st year
ago, bui the stocks unsoin. nesertho-
tee. increased le,v0e toms during thes
month OF July and on the first of
August exceeded q million tons. south
ern pig iron is pressed for sale aud
some quotations are lower than ever.
But the resumption Of manufacturing
by western iron works which have
settled thelrcontroseFsics with the men
VIII make q great change IA the sltus-
ton az once increasing the output of
PIX lroa bni probably the demand stzil
more. Manufactured iron aud steel
have been In very active demand, near
ly all the works IA operation being
crowded with orders but steel rails are
dull rs ever. Copper and lead are
weak but speculation advanced TN
somewhat.
Totai sales of wool.
The total sales At the three principal
markets Tor wool for the year tbus lar
have been 81, 2,ooo. 900 pounds greater
than last year. Boot and shoe facto1-
ice are stil; pressed 10 the utmost aud
II shipments from tie east conti6ue
tor the year will be nearly n million
cases greater tnsn last year. Tine par
ticular feature of the week has been
the rise in bresdst1fis, 8 ccnts m corn
and 81 in oats while wheat declined
cents with sales of only 1900 900
bushels. Western receipts were 4.sSo.-
900 bushels IN four days and exports
$3.50. 900 bushels. Imports continue
extraordinarily large At New York for
five weeks, thirty per cent greater than
last year. and such movement would
insure further gold exports unlcss
other conditions change.
Boston reports money stronger with
creased demand. and the volume of
.rede larger than usual for the season.
In fall clothing trade IL heavy and
stocks Of wooiens are being closed out,
while orders for spring goods are llb-
erai. Trade IN dry goods U rendered
larger than usnai by liberal western
orders. particularly Ia wonen's dress
goods.
Al Phiiadelphia wool is also strong
with free receipts; groceries dull. but
up 10 the average, manufactured IA
bett ter demand.
Improved General Jess
The strike in the lron mills at Pitts-
burg has been settled with = reduction
OF 10 per cent IN wages M the finishing
branch, and window glass workers havo
settled the scale on last years basis.
At Cincinnati manufacturers of wo-
mems shoes report very prosperous
season, with trade 10 per cent better
than last year, and al Cleveland busi-
nese 10 fairly active in all the principal
lines.
Chicago reports Gales better than .
year ago and receipts Of hIdes. oats and
barley show some increase. Flour aud
cured meats so per cent aud Of lard
three-fold increase, while some de-
crease appears in wool, cattle and rye.
. third IN wheat and corn and 80 PER
cent IN dreeeed beef. Collections arc
satisfactory throughout the wcst.
Al Minneapolis business is excellent
in all lines. especially ir lumber. Trade
is very heavy at Omaha aud collections
never better, improving st Kans&s City
with money in better demand and very
good NJ Denver.
At 81. LOUIS trade is OF fair volume.
Labor troubles have been settled and
collections are prompt than unsai.
Southern reports show general improve
ment m trade at LATHE Rock. Memphis.
Montgomery and At New oriesps. hut
at Galveston collections ere allow aud
at Savannah money 10 reported tight
ssscks and Esisres.
Stocks were sirong moet OF the week.
but some reaction toward the close
carried tie average little beloW that
OF a week ago. The treasury .sas taken
ia 500. 900 more gold aud silver than il
has paid out. while ir~>ening the
volume of notes m circulation 8 ,20e,-
0oo. hut money i- abundant end cheap.
Customs receipts In August have
been much larger than . year sgo. but
st New York 55.7 per cent Of payments
we're in treasury notes and ~ pet cent
in gold.
Silver has fallen so 3sd. IN London.
the lowest price ever quoted md IN
June IL sold 81 zid
The bushes. failures during the last
seven davs. nuniter. for the Tinted
States l1a. Canada 20; total, lke. "a
compared with is4 last week and is7
the week previous ~ the last and 227
for the corresponding wreck last par.