The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1888-06-21
r. G. pun,a HssLlx Review.

NEW YORK, June 15.-R. G. Dun s.
Co.'s review of the past week, ending
Saturday, June Is, has this:
The moderate improvement in trade
noticed week ago does not yet seem
to be more than a slight reaction which
occasionally breaks period of uncer-
tainty and comparative inactivity.
The signs of a lasting improvement in
trade do not yet appear and uncertain
ty still prevails and buyers are conserv-
alive, combining their transactions to
immediate wants in most branches of
besiness. In some moreover the cold,
wet spring has so far curtailed trade
that retailers are carrying over stocks
larger than usual. There is I'M
certainty about the tariff and
its effect upon many branches
of manufacture, about the crops
portable products, about transporta-
ton rates in the near future and about
financial prospects. Crops prospects
have not changed for the worse, but
the extent of the loss IN winter wheat
| is more definitely realized, while the
prospect as to spring wheat and other
crops is necessarily vague, and with
| favorable weather the general results
would probably be fair and in some
| quarters a decidedly hopeful feeling
| begins to prevail, Want of confidence
in the near future is prevailing and the
tone in all the markets, but this cam
not be attributed to financial influ-
enceS. for money is over abundant and
| quoted at one per cent here. NotWith-
standing the renewal of gold exports
the treasury has raised its prices, paid
| for bonds, taking large amount one
day, but the only considerable offers
cent above its new limit for
tours and like amount three-eighths
/ above its limits for Al. There is a
growing impression that bonds will not
be forthcoming at an acceptable figure
it becomes important for the
treasury to make large disbursements
during the past week. The treasury
has taken in a million and half more
than it has paid out, but the banks
terror, though at some northwestern
points money is now going into the
country and not to the east. There il
no report of stringency or cloSeneSS
anywhere. but complaints of slow col
lections do not diminish. The volume
of trade of interior cities is very good
at Omaha and Minneapolis, but gener
/ ally D6lOW IQ8C OF last year.
The reports of the principal pro-
ducts in May were larger in value by Il
per cent. than in the sami
month of 1887, but be
, cause of the heavy cotton shipment
the exports from New York for tn.
past two weeks show a decrease of i
per cent, with only slight decrease il
imports.
/ The iron trade manifests no improve
: ment, though sales of 80, 600 tons O
} steel rails ara reported for $50 at tn
) mill, and the allotment is said to b
! disregarded by some eastern makers
) Southern pig is quoted at SIT for Nc
? 1, but the quality Ia not in all case
e found satisfactory. Bar iron is veal
g ar, with S1.75 to 81 .80 quoted for larg
7 lots Of best refined.
= In the dry goods business there Is
s lack of activity and yet in cotton good
= more confident feeling, with priI
t cloths higher at 81 and low grades (
;. bleached goods very firm. WooleT
+ are still dull, with very good transai
y items for mems goods and wool Is quo
+ ed lower at Chicago. Spectators haN
y bought considerable quantities
? southern wool in the belief that the
Is win be no change of duties and held
Is prices above the market. The spfiI
Ut trade In wholesale clothing does n
ae appear TO have been very aatisfaeto