The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1888-02-02
WEEKLY Trade REVIEW.
Dun 4 Co., Report Business MOre En-.
eouEaG1ng.

Dun 4 C9.s Report Business More En-.
couEaGfng.
NEW YORK, Jan. 27.-R. g. Dun 6
Co., in their weekly review of trade,
i say business; both domestic and for
eign, has more encouraging appear
ance. Money is reported close at 9
very few distant points. but compare
lively easy everywhere else, and col
lections are fair in ali quarters, with
substantial Improvement where tardi-
ness has been observed. The volume
of business has been affected by storms
and the blockading of railroads, but Is
generally fair for the season, and ex-
changes outside Of New York are g. per
cent larger than for the same period
last year. It is decldedly
healthy symptom that there is gem
eral absence of speculative excitement,
and prices of products are in most
cases settling towards more natural
level, though the average is sustained
by the scarcity of anthracite coal, the
scanty supply of vegetables and adj
vance in cotton goods.
Foreign trade in December was
much more favorable than early
statements indicated, the de-
crease in exports of cotton bread
balanced by increase in cattle, petro-
leum and minor articles. The excess
of exports over imports of merchandise
was S21 ,13O, 7S3 for the month with out
going silver excluding incoming gold
1919 ,039, and indicates withdrawal
of capital exceeding by SIP, OO0, 900
that required for interest mayments. |
But for the past six months rece
foreign capital have apparently ex-
ceeded with drawalS by S55. COO, 900.
The returns for January thus far in
dictate an increase of 5 per cent. l
Iron is perceptibly sustained in price
for the time by the enforced curtail-
ment of production, but the feeling
prevails that resumption of work in
the coal mines may be followed by
lower prices of iron. In all branches
of this great industry the decrease in
railroad demand is felt.
A better tone in the stock market
has been observed for two days, but the |
business is still mainly left to specula- |
tors, and the inability of promoters to |
place securities may retard new rail- |
way building for some time to come.
though current reports still show large |
gross earnings. The storms, the strikes |
and the recent disagreement about |
raJeS may De folC a little later. In other |
branches of speculation the tendency |
has been towards lower level.
Wheat has declined I cent, pork 25 |
cents per barrel, sugar 1-8 cent, coffee |
! cent and oil Al cents, but oats have |
advanced II cents, lard and hogs are a |
shade stronger and tin has advanced a |
fraction.
There is a better movement in wool |
but quotations average little lower.
Cotton is unchanged. While /
prices of many makes of bleached
and brown goods and fancy prints
have been advanced and print clothes /
are quoted at 3. "a bid for 64's.
The boot and shoe business is fairly |
active, with shipments exceeding last
years, and prices Of almost all kinds of
leather favoring buyers.
The failures during the last seven
days were, for the United States, 1885,
for Canada, 40, a total of 317, as COM
pared with 314 last week, and 217 for
the corresponding week of last year.