Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1893-02-11
BUSINESS PICKING UP.
The Gold Scare Has Passed and AL
Lines Are Improving.

New York, Feb. 10.-R. q. Dun &
Co.'S weekly review of trade will say:
Two important events, the defeat of
antl-sllver legislation in the senate and
house and the c, ncerted deposit Of gold
by New York banks in the treasury, IN
exchange for legal tender, have di-
rectly opposing, but powerful influence
upon the markets, and 1t 10 yet too
early to determine what the net result
may be. The confidence manifested
by the banks strengthened markets on
Thursday, but the decisive defeat OF
silver legislation IN the house caused
renewed discouragement and appre-
hensson. IL - not realized BY all that
the gold reserve Of 81. 000, 900 Is not to
be used except for protection OF note
circulation, was expressly intended TO
be used for that purpose.
Business at Boston 10 especially act
I've in dry goods, with jobblng trade
ahead of previous years; print cloth
cold up 10 April and the largest busi-
ness IN woolens for many years. She
shops are well employed. and sole
leather is higher. Wool 10 active and
the market nearly bare, with an ad-
vance oil TO cents during the past
season. Coal is scarce. facllities being
inadequate. Pltesburg irvn IS IN poor
demand, but the glass trade is fair.
Wholesale millinery trade at Cinc.n-
natl - healthy. with bright prospects.
but collections are generally slow.
Spring orders for dry goods are
large nj Chicago, bat severe weather IN
ierieres with business and delays con-
struction work. Money 10 IN good de-
mand, bat The return OF currency IL
Glow. business at Denver - far. with
Louisville full average with Gales OF
leaf tobacco very large; aud NJ Little
Rock far, with improviug collections.
AT other points in the south trade Il
nolcesbly improving, espec'aiiy IN dry
goods anu groceries. and al NV or-
leans prospects are considered bright
tboagn cotton u duh and sugar quiet.
Coffee has been stronT. advancing
oil cent with moderate safes Tot
ton declined i.G cents on saes OF
~ 200 i'slcs. TT while no Important
coange appears Ia receipts or exports,
the sontiGued pleasure of enorm ous
rneo siDess here aud abroad q Felt.
lHef never has teen more nhehone-
%'+f t.Ft @tttfif fAtt<' -. e. = ~.
nls a seinfefs or airy goods. 0aies ~
wool 81 ;as three el.ssG EASTERN fnarsei-
hSsr tasa 5s,2oe DO pounds * isnss
e1.s.s''tf}' 70 nats lsst year. a. inertNse
o. ~ Hfr ce1i. sid iile season tor nicn :
~esr 80 he*n sxfs4ofdlasfy IN lon
a. mefuni Rassi..
Rep -. ar lfa towing iitte. m
tie s0igo u s4sse 30 Of god Il. e :
- : ,iue q sraas f,sisnces. II tne
tent y seton Of streng tank does
not ee~ex Lite movement. ioftnf
ustss9r ~ tie - srs0g nonfts sre
eente f.aita fo- prevention 81 dis
tnrns nset se 4 a.nrT aas not 'eeu
io-snE soi4. snd the sauudesi al''n ffei
thai ue treasury AID the henk'
fstog - hafmonf shnfiii - HaAi'aa
sntiy ei'is e meet aif'icsities onts tas
nee sdeenl-t5ss.on n.skes kao~n II
Tsi c.
Use bus 0ess failures dufng TIE is
seven ieYs gsf.r fsr tn tnlisa
states. 81 Csns5A a.: Ia. zs =.
eonspsFsa vtn 9sl 1s<t wefs. - -
wetik rres a. - fae isst SID @Fe ~
fne <<JrfFstafs.st tse -. = - .stf F@sr