Rensselaer Republican, Volume 28, Number 14, Rensselaer, Jasper County, 10 December 1896 — Dunn's Trade Review. [ARTICLE]

Dunn's Trade Review.

Dunn’s Review says: Reports form all parts of the country show clear by the enlargements of trade, not at all points in the same >r»» p" - branches, but everywhere helped by a more confident feeling. Extremes of weather have made the week not altogether good for retail trade, but in that line also there is improvementon the whole. Monetary difficulties have vanished as by magic, and banks with an uncomfortably large supply of idle money are hunting borrowers where borrowers were very recently hunting lenders. The buyers of sterling exchange here, who are supposed to hold SIO,OOO, 000 or more with the expectation that it must be stronger after the begining of the new year, are in fact speculating against themselves, because their teriJporary loans are helping- American exports and American manufac(uers. Enormous gains in deposits $37,000,000. in two weeks, indicate

something of the amount of funds recently hoarded.