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The Business Outlook

The Business Outlook image
Parent Issue
Day
23
Month
February
Year
1872
Copyright
Public Domain
OCR Text

Under thia caption tho Buffalo Commercial Adcertiser has au artielo, froin which wo extract tho following paragraphs : Prom present appearancesthoyear 1872 irnmiscs to be ono of unuaual business ictivity. In meroantile circles a settled 'eeling of confidenco is manifest which las been unknown tor soveral years past. [ndced, there are good grounds tor such confidenoe. The country has recovored, as far as it is possible for it to recover w Uli our pressnt iuiluted system of monuy, !rotn tho umbarrassim nts to ttude causod y thu late war. Money is in good denand for tho legitímate purposes of trado )Oth Kust and est, and is obtained at Drosent at reasonablu ratos of interest, it is probable, also, that tho monoy raarlet will continuo moderatoly easy for soino time to come, if Oongress doos nor. iuker too m'ioh with the currency ques,ion. But the most important feature to ïote is tho fact that values have retornad to nearly their normal condition. When a year's business opens with pricjs adaeted in accordanco with tho laws of supjly and dumand, it is almost sure to üe ittendod with satisfactory results. Unless somothing unforseon occurs bouween now and Spring, . tbo navigation season will opon with largo quantitius of leight presemg for shipment. At Chica50 and Toledo overy uvuüable spaoc fit 'or Storage puipoaes has boon fillod, and niany of the vossols 1} ing in the harbor lavo been loaded on a basis of twelvo cents froiirht for coiii. Besides these stocks, largo quantitios of grain aro said a bo accuinulating at different points ilong the linos of railways leading into Chicago. All or nearly all of this couu;ry-stored grain is carriod by the Chicago .niks, and yot moiiey is quotcd easy in ;hat city. All of these circutnstances orcsiiadow a good opening of the navi jatiou soason tor grain carriers.

Article

Subjects
Old News
Michigan Argus