Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1893-02-04
WAITFOR ACHANGE
Business Men Are Proceeding
With Great Caution.
FEAR OF CHANGES IN TARIFF
AZ L.ass Show Large BUSINESS. Bur
Esssyons IL AFRAID 10 Move scs
Month.

NKw YoRK, Feb. S.-R. G.. Dun q
Co.'S weekly review Of trade Will say:
AetuA. business u surprisingly large
for The season. and yet few hopes are
entertained. Congressional uncef-
taintlss Gauss the fears but the pros
pefsty AID needs make Il necessary,
and never tssore has the islrlbuiion
Of consumers beea larger than II has
thus far this year; hence industries are
remarkably prosperous. Tho volume
OF trade, measured 10y clearings in
January. Was nearly II per cent larger
tAAn IA any previous year. The rail-
way movement sn Ms gfeA, increase
"a the tonnage transported. Yet u -
hardly safe to say that rarely. II ever
IN the tiaao Of panic. Dns business been
more seriously and conserystlvely re
futed. The passage # The antl-option
bsa ty The senate has had no effect on
the market as Yet. The mills are full
OF ordrrs. and the WOODEN mills are O.
eupled for months 10 come, while or
ders for boots snd shoes come IN freely
and January shipments were 3V,uov
cases more than last year.
A. PhilsdtIpnia dry goods are i'm
proving. though retail Trade 10 slow.
and other business In most branches
con paratgveiy inactive. Good busl-
ness IN dry goods ana hats has becn
done General trade - improving 81
indianapolis, aud At Detroit exceeds
tia; OF last year, though collections
are retarded by severe weather
A. Chicago business IN dry goods
clothing, boots and shoes and grocerie-
are larger, stock transactions are NOR.
than three times those OF last year
Ia hogs, lara, ores. beef. the decrease
l. large. Tne storm checks retail tradt
Ia s. Louis region. Though eondi-
uons are promising at Minneapolis ana
~. Paul. the trade ~ iair cotyiderinl
the lar weather. though collection
are slow. Similar conditions appear =
kansas city.
waiting for the Change.
Business 81 New Orleans Is quiet.
with money n good demand and trade
IN rice improving. The wonderful de.
niend for textile fabrics IL undated
for brown and bleached cottons tn
market Is said to be the beet for twent,
years. and some makers of sheetlng-
aave advanced the trade IN low anc
medium grades OF mems woolens. j.
- about closing time. when the usua
opening and the demand for goods at.
ICES strong. possibly because OF ante
patton # Isr,f changes. The general
tendency Ia clearly toward greater
economies in manufacturing. The de
mand for dress goods continues very
large, especially knit goods and under
wear. Ice sale of wool It the tire,
chef markets have been 1900, Oh
pounds, against 5000. 600 last year.
Trade N boots and shoes u very
active. shipments for the year thus far
amounting TO "a. 900 cases. againsi
=. 600 lat year. Prices for manu-
/ fsctrred iron and steel j. depressed
beyond all precedents. nevertheless tn
volume Is grea,er than ast year. Tn
siagnation Is broken hy the placing OIL
orders for 40 900 tons by the Pennsy l.
vsnis railway and plate orders for
20 900. tons of the Pitisburg mills
though 81 very low prices. Large
structural contracts have been placed
for buildings In New York.
The business failures during the pas,
seven days IN the United States arr
go. Canada IS: total Sol. rs compared
with 2g5 last week and 255 the week
ureyiOus