The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1888-08-23
Dpn,s Weakly Rev;av.

Dun's weekly heV1eW.
NEW YORK Aug. I6.-R. J. Dun s.
Co.'s weekly review of trade. says:
the sales of the week are all more fav-
orable, and ON the whole the feeling
has decidedly improved and the actual
situation also. An increase of $500
tons in the weekly iron output since
July first is reported, a gain of nearly
six per cent, this is partly due to the
resumption of furnaces, which sus-
pened for a time in the summer for re-
pairs, but some new and large works
have sWelled the output of
coke iron to 1856 tons weekly.
There is no change in prices. Foundry
irons are more firmly held, and at
PittSburg mill irons are % cents
stronger, and in all quarters better
demand is felt and sales of ore at
Cleveland are now large, while it is
noteworthy that no advance appears in
steel rails, though sales of 10000 tons
east and II 600 tons west were record
| ed, besides Pacific coast contracts for
10000. The coal market is also strong
| and active, and an advance is expected
about September lst.
The latest advance regarding the
crops are favorable, because they indi-
cate that the inquiries undeniably sus-
| tanned are not so serious as many appre-
bend, while the harm done in Mime
sofa and Dakota has been great in some
/ localities, the latest estimate from
| 1000 points appear to justify the belief
that the yield from increased acreage
will be about as large as that Of last
year. So the gloomy anticIpations as to
cotton in Texas are met by Geographic
accounts of rains throughout the
state and a better prospect, the state
will exceed last years yield. Specula-
ton has entirely diSregarded crop
news, and cotton has been lifted a
quarter with better prospects yield,
just as hogs have risen five and lard
fifteen cents per 100 pounds IN spite of
the excellent prospects for corn. which
was nevertheless hOisted yesterday.
Wheat has declined over cent and
the slow export demand is still the
prevailing feature, though foreign crop
advices are gloomy.
The advices from interior points are
more uniformerly favorable as to ac-
tual business than for many
weeks, with transactions ex-
ceeding last years at many points
The clearing house returns also indi
Gates reviving activity exceeding last
year by 6.6 per cent in the aggregate
and ~ per cent outside of New Y ork
but much of this gain is due to greater
speculative activity in stocks at Bos
ton, in grain at Chicago and il cottoI
at New Orleans.
Money is in ample supply for legiti
mate demands at nearly every poin
reporting though quoted close at Nash
vile. and the improvement in cOllec
! tionS lessons the number of com
plants. AT Kansas City an Increase
demand for money is noticed from in
terror merchants and farmers. wit
prospects of large increase in tn
y cattle movement. At Milwaukee bus
mess is active for the season and in
creasing, as at Omaha and Cleveland
s In foreign commerce decline of ]
e per cent in value of exports for tw
n weeks from New York and decline {
d 81 per cent in the value of imports heI
It do not accord with the accounts of d.
n nestle trade. Imports in anticipate
n of change OF duties seemed Ia have SUI
1 piled the markets for the present, viii
lr foreign buyers, notwithstanding laTI
d prospective needs for the coming yea
" are too weary to hasten their purchase
s The returns still show that the NOV
Inent of foreign capital this way Ia
not ceased, though. the stock mark
rs has been weaker and uncertain la ton
dr the average OF prices is 81 90 per sIIa
81 lower than a week ago. and in son
El- active securities unusual efforts to 81
40 are seen. but in spite nf great duiIne
40 following an uninterrupted risefor Gig
b weeks, the market has been Comps
atively steady until Friday, when
more rapid decline marked the ope
be ing. The treasury has taken In abo
,rt $500, 600 more money than it has pa
of out during the week, Butwithstandi
Se an advance in the rates paid for bon
G and an increase of 81 ,U00. coo in
q deposits with banks
y, The business failures Occnrri
- throughout the country number 219,
- compared with the total of 233 j
~ ~ week, and 2i6 the week previous to
last for the corresponding week of j
year the figures were ISL.