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Review Of Trade

Review Of Trade image
Parent Issue
Day
3
Month
October
Year
1895
Copyright
Public Domain
OCR Text

Bradstreet's says: StrikinK features of the week are inrreased demand for money east and west. the maintenance of the widespread and active demand for iron and steel and the furtnei upward movement of the price of raw cotton, together with advances in quotations foi tlour. heat and wool sudden changes in the weather affecting a wide expanse of temtory bave made genera) trade irregular, The adv&nce in the price of wheat on reponed (lámase I to the erop in Argentine may or may not be the I bezinning of an upward movement, but ac cepted statistics concerninsr supplies of wheat in this countrv. if not discredited in the near future may compel wheat priees to mount higher. TelegramHfrom widely different points seem to indícate a very general intentionou the part of ferain producers to hold their wheat ior higher prices. This refers the spring wheat lerritor.v tributara to .Uinneanolis and to the wbeat country m Oregon. Duna sa.vs: The speculation in cotton has lifled the price. and mere is little prospect ol a goud erop. But for the extraordinary supplu earried over Trom kistyear the manuracturer here and abroad woulci be in trouble. The wheat maxket has been excited without much üisi'uveriible reusou. and the price adva&oed heavily. It m;iv be raid tuat ciod prospects abroad are not quite us tavorable as they were a muntli liü umi w-iiïi a short supply al best in I this country the market Is liable to be unusually sensitiva. Corn was practically unchar.Ked. Pork and nog producís went lower. Nothing is clear about the iron and steel manufacture. The termination of the Marquette strike sets free about half a miliion tons more of Bessemer } ore within the period of lake navigation. The ad vanee In wool at Loudon saiesstimuluted the speculation here. but prices are on the whole unchanged. Kev. Arthur L. Moo -, of Akron, 0„ was arrested eharged with forjying the name of Kev. Hollister to a check for $50. Moore was to have offieiated at a society wedding and bought a suit of clothes for the event with the check. ■ Lieut.-Oen. .Jolin McAllister Schofield. the head of t.he U. t?. arraj', has retired, liaving reached the ag-e limit - (54 yearn. The rank of lientenant-g-enera! wws conferred upon Schofteld lait Kebruary and expires with his retireinent, and Maj.-Ueu. Miles, the semji otBoer of his grade, who will become the üommanding' general, cannot b promoted save by special authorization by congress.

Article

Subjects
Old News
Ann Arbor Register