Democratic Sentinel, Volume 8, Number 35, Rensselaer, Jasper County, 26 September 1884 — STATE OF TRADE. [ARTICLE]

STATE OF TRADE.

But Slight Improvement in Business—Bradstreet’s Report. [New York special.] Bradslreet’s Journal, in its commercial summary for the week, says: The telegraphic advices to Bradslreet’a this week, although telling of slight advances at some points, again fail to reveal any decided improvement in the general trade situation. The.cooler weather has stimulated the demand for heavy dry goods and clothing. The seabo ud cities send no news of special moment, save that at Boston a belief appears to prevail in an early improvement in the dry goods movement. General trade at Boston is reported more satisfactory in volume than in prices. Going west, Cleveland complains of the flat iron market, while St. Louis notes a slight improvement in iron. The San Francisco correspdffaent tells of quicker sales of dry goods, but sends no other good word. At St. Paul wheat has been somewhat lowered in grade, owing to injury by rain. The price at Fargo for No. 1 hard is 53 cents and at Grand Forks 51 cents. The Minnesota farmers are persisting in their refusal to sell. At some Western points the farmers are borrowing money, where possible, and hoarding their grain. The coal trade shows an improvement, and iron is unchanged, save as regards the better demand reported at St. Louis. The iron men are awaiting developments in the coal trade. The New York dry goods market has been helped by the cool weather. Cotton continues neglected by speculators, and spots and futures have had a further decline. Dispatches to Bradatreet’a f rom Texas indicate that the weather has 'continued too dry over a part of the State. Trade in wool has been less active, but there has been no weakening of prices at any point.