Wichita eagle., 1888-01-21
PASSlBLY GOOD.
Dun & co REPORT BUSINESS DULL
AND RATHER QUIET.
Legitimate Trading Shows a Little
Enlivening Of Late. But I'm
der Last Year.
Money is Generally Fair in Supply. and
Collections are Very Satisfactory
in all Sections.
Exports Considerably Less Than Last Year
quite an Increase in the Business
Failures the Past Week.

NEW YORK, Jan. Cor. G. Dun & Co.
in their weekly review of trade say: Bust
ness throughout the country is rather
quiet, even for the season. A fairly active
jobbing trade is reported at several points
when wholesale business is distinctly dull,
and prevailing feature seems to be in
disposition to take quantities in view of
the unusual uncertainties in many mar
kets caused by strikes, by speculation. and
by legislative deliberations. At Chicago
speculation has been dull, and in legiti-
mate trade, though there is some improve
ment of late, less is doing than last year
Hard times in the drouth regions
throughout the west affect purchases, but
in other sections there is gain. AT St.
Louis prompt payment on past purchases
continuing large distribution are noticed.
Ut Louisville values are softer without
improvement in volume. At southern
points trade is quiet Collections are fairly
satisfactory at nearly all points and money
generally in fair supply, though rather
close at Denver and Cleveland.
Though actual deliveries of anthracite
are larger than for the same week last
year. operators and retailers vie with each
other in putting up prices. The poverty
of miners causes serious apprehension
among traders who remember that their
losses after the strike of 70 We're three
fOUIthS of their accounts
But for the activity in ship, bridge and
car building, the iron trade would be less
hopeful. The Thomas company has sold
No. 2 founry for pipe at 81; and sales of
20. 600 tons of rails are reported, but prices
do not change.
In wool the little improvement recently
seen has vanished, and the market favOrs
buyers again The stocks in Boston We're
over 5000, 600 pounds larger than last Jan
,Iary, but at New York rather smaller,
while Philadelphia stocks are refused The
demand for wooden goods is moderate, but
more frequent inquiry gives hope, and the
range of prices is on the whole but little
below those of last year
CottOns are i'll strong demand.
In the leather trade hopes of improve
ment are still disappointed, but the boot
and shoe trade is better than usual for the
season. A better demand for rubber goods
is reported. and more prospect that the
trust will finally be formed
Nearly all the speculative markets have
been weak The general level of prices of
all commodities is now about so cents on
500 lower than January |, yet the treas
ury, by depositing s23C0,O00 more with
banks has contrived to take only 100000
from circulation during the week. 1t is
significant that payments in silver certiti-
Gates at custom houses rise to 49, per cent
of the total Money is returning to the
New York banks in large volume from the
interior, and foreign trade accounts indi
cate that the withdrawal of foreign
capital in December probably did not
exceed 81 100000. Exports of the principal
products were only s54,000,000 against sos
OCO,0Oa in 1885 and for three weeks of Janu-
AIRY, New York exports are SIS per cent
below last year. Exchanges outside of
New York still exceed those of last year
by about IL per cent, but they reflect
rather the heavy business Of last fall than
current transactions.
The business failures during the last
seven days number for the United States,
,7S: Canada 3S. Total of 314, compared
with 2SS last week and 301 for the cores
ponding week last year.