Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1892-09-24
TRADE OF A WEEK
Active Business Reported All
Over the Country.
FREE SHIPMENTS or GRAIN
Money Declining Somewhat Un3ss For
eign Depression. Bat tie Financial
Condition GsnsE.lly Coed.

NEW YoRK. Sept. 3S.-R. @. Dan A
Co.'S weekly review Of trade today viii
say:
Business continues 10 improve and
the general outlook Is encouraging and
wooden goods are selling freely, boot
and shoe factories arc filled with
orders. Dealers find Il hard 10 get
rubber goods fast enough. Improve
ment is seen 10 groceries at Fhiladel-
phla, and especially Ia canned goods
aud sugar is active. Stocks % oTy
goods are we'll sold % and woolen
manufacturers working full time.
Trade IA lewelry "A OF "A fair volume
aud improving Ia paints, oA and glsss.
Basiness ia ths clues.
Al Baltimore business q satisfactory
though quiet with the south, bat sx-
ceedingly good IA shoes, lumber and
cattle.
Al P.ttsburg trade s satisfactory and
gradually increasing.
AT Cincinnati the Wholesale leweiry
trade reports sales IL August SO per
cent greater than last year and fall
prospects are brighter.
Business at Cleveland Is Improving
in nearly ali departments and especl-
ally IN rolled products and an lumber,
which was advanced s. 10 s. per
thousand.
AT Detroit, business e increasing 10
dry goods, drugs and thoes. Though
farmers are holding wheat Tor higher
prices.
General trade al Chicago exceeds
last years for the same week with good
prospects. Receipts OF cheese show an
increase, OF flour 10 per cent, OF cattle
10 per cent, OF cured meats 20 per
cent, OF oats and dressed teef 25 per
cent, OF butter aud hides SO per cent,
and OF hogs % per cent, while in wheat
and wool there Is q email decreases IN
rye and barley a large decrease, aud ia
lard so per cent.
Business is healthy at Milwaukee,
very active At Omaha and shows a
marked decrease az st. Paul. At Den
Yer trade Is very satisfactory. exceed
ing last years. Receipts of cattle and
wheat are heavy al Kansas City and
trade exceeds last years.
improvement in the soath.
At Memphis trade Is improving,
though of small volume, and at New
Orleans cotton Is in better demand and
sugar strong and active. Al II. Louis
trade increases with large distribution
of goods, a free movement of grain
and country buyers IN larger number
than usual. Pig iron is trmer, some
Alabama furnaces advancing the price
25 cents; but bar iron IL slightly easier.
some lacking IN plates and hot process
iron. Large sales OF copper at III 10
reported and lead is slack at sl0,
with tin steady at 20.l5. Coal is
active in retail trade and shipments for
the year show an increase Of 6 per cent,
but is freely offered by outsiders. Is To
40 cents below last weeks prices and
actual sales in August by the Lehigh
Valley averaged "A cents below the
schedule.
The demand for mems fall woolens
is surprisingly large, old stocks being
rapidly cleared of, and Il has been a
big season in cloakirgs, while IN dress
goods trade Is still very heavy. Cotton
goods are full Of activity, some quall-
tes having advanced little. Prints
are IN pressing demand aud print
cloths quoted q; 3 cents for 6ss.
Decline in the Money Market,
Foreign exchange has suddenly
broken down 10 S4.s64 and money here
has declined from 10 - per cent,
while the general rate - below 8
cents. But stocks have been stronger,
advancing on the average about 81 per
share during the week. with some lEdi-
cations thst foreign investors are buy
ing IN moderate amounts.
The business failures during the lsst
seven dRys number FOR the United
States lss. Canada %, total 2iI, as com.
pared with 1872 lsst week. Ia the week
previous 10 the last. and 2s4 for the
corresponding week Of last wear.