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Review Of Trade

Review Of Trade image
Parent Issue
Day
15
Month
August
Year
1895
Copyright
Public Domain
OCR Text

Dun's savs: Business continúen uiiusually active for iniilsummcr. andthough therets perceptible relaxation there are no signs of reaction. The one change of great importauce which the past week has brought U eminently helpful- the amicable sottlement between coal miners and operators ín WVstern í'ennsylvanía, Ohio and Indiana. It is said that about 100.000 men will have their wages increased after October 1 by this adjustnient, and while the enlargement of purehasing power is of consequence. it -■ more important the caronlc rause of oontroversy has been removed by the nt'u agreeo i-ompany stores. There is no important chance in cropprospects. Wheat deolined a Cractlon with scanty receipts lnfluenoing the marliet ror the presant more Ihan the restricted exporta. The concerted withholdini; ol wheat by western farmers, if oontlnued, would doubtless affect the prlce ia the end. hut it has already stopped Atlantio exports almost untirely. ana when íoreltin markí'is nave suppUed their needs from other quartera Hit western farmers may rtnd reason to regret that tbeydld not ship thêir wheat at ordinary time. C'orn tends to lower prices with more eneourairin prospecta, and the expectation of a heavy corn erop affects prices oí provlsions, whuh might be expecteu. The industries continue to make progresa, and higher prices for irou and steel products prove that the supply has not outruu the demand. The iithracite coal market is completely demorallzed and prices have again yielded a little to about the lowest ever known. Sales of wool are not ns lunch intiated by speculation as they were iluring July, but they still considerably exceed the actual con.sumptioii in the manufacture. Prices are very ürm.

Article

Subjects
Old News
Ann Arbor Register