The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1893-01-19
TRADE MARKS.
Weekly Review Of the Markets
and General Business.
HOLIDAY INFLUENCES FELT.
A Lul and the Grind in the Great Com
mercial Walls Resume.

The Panioky Feeling Caused by Gold Ex-
ports Has No Evil Influences Through
out the Country-Trospocts for Next
Season Continue Bright-A Dig In-
crease In wool sales Is Noted.
New YoRH, Jan. l4.-The pause in
business Incidental to the holidays seems
to last longer this year than usual, but
severe weather has given n powerful
stimulus TO trade in heavy boots and
shoes and wooleus, and preparations for
the spring business are going on actively
and with the utmost confidence. In
spite of reports that more gold will go
abroad, and in spite Of uncertainties re-
garding legislation on the money quos-
ton, the business world seems to believe
that there will be no serious financial
embarrassment, especially as the aver
age Of commercial Indebtedness is re-
markably low, and failures have been
comparatively unimportant. No inter
ruption Of industrial activity is seen,
though iron Is somewhat more depressed,
but IN other important branches q
distinct improvement Is noticed in the
preparation for spring trade.
What people mean by depression in
business IS shown in the pig iron output
-3,2O3 tons weekly, or less than . pcr
cent smaller than Dec. /, with a slight
increase in stocks, and 14,3ij smaller
than year ago, but with stocks much
reduced, The output in 1892 was 0,l00,-
900 tons, only 100000 less than the
largest ever known, that of 1890 and
sr,4. tf,.v, ~
largest ever known. Prices are weaker,
Bessemer pig only $3.50 at Pittsburg,
and Alabama is offered at the west at
lower prices. but there is better move
ment at Philadelphia. Structural iron
is dull and bar weaker at 81. SO and rails
are still inactive. but with better promise
than q year ago. On the other hand
textile mills are crowded with work,
sales Of wool are the largest known for
many weeks and dealings in drygools
are large for the season. The transac-
tion5 in woolen goods have already been
heavy, but it is evident there is still q
large and healthy demand In boots
and shoes the business Is greater than
ever, but not at all speculative, and
orders have been increased by the colder
weather, the shipments being far ahead
of last years.
Speculation in cotton has been liqui-
dating, the piICc declining a quarter.
although receipts this week are 10000
bales less and exports 10000 more than
a year ago. Larger estimates Of the
crop are now sent out. Wheat has
scarcely changed in price, though, and
oats have risen II cents. Western
receipts Of wheat in four days have
been 2,5OO,0OO bushels and Atlantic ex-
ports only 1860 bushels. Pork has
advanced 81 per barrel, and at $lS.25 Is
far above the ruling prices Of recent
years. Receipts of hogs at the west are
still light and prices higher, and coffee
and oil are practically unchanged.
The treasury has been disbursing
freely since Jan. / and very large re.
turns Of money from the interior have
caused lower rates here. But foreign
exchange advances and further exports
of gold are expected. Merchandise i'm.
ports continue fully up to last years
figures, while exports from New York
for two weeks have declined So, 900, 900
or over 30 Ter cent. It is evident that
no large shipments Of securities or with,
drswals Of foreign capital will be needed
during the coming months to cause some
Outgo Of gold.
The business failures during the past
| seven days number, for the CniteC
States, 2SG; Canada, 20, total of 3OG, q.
compared with BOZ last week, For the
corresponding week Of last year the
figures were $50, representing 2S1 fail
ureS in the United States and I3 in the
Dominion OF Canada.