The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1888-12-27
pup,s Weakly Rsrisr of Trade.

NEW YORK, Dec. 2l.-R. u. Dun "
Co.'S Review of Trade says:
At St. Paul the mild weather is held
as a cause of tardy trading and the
movement at Kansas City is rather
light, but more activity is noticed at
Detroit, and other reports from the
northwest indicate satisfactory vol
ume of trade. In the southwest there
is more irregularity, and while the
cotton movement is now large, and
clearing heavy, the situation seems less
wholesome. AT Memphis the charac-
ter of the recent failures is that indica-
tive of an unhealthy state of trade.
Pillsbury finds southern iron under
selling the northern product, and the
same is reported from Philadelphia.
The payments all through the clear
ing houses are still about 6 per cent
larger than year ago and at all cities
outside of New York the amount IS
about 81 per cent larger The weak
ness in the iron market is distinctly
due to over supply. Alabama iron,
equal to eastern gray forge which sells
at S16 to $3.50. are reported at Sl5.
The trade in bar iron is weaker and
Is cents is quoted by mills which want
orders. Nails are ruinously sold at
| 81 80 or less. The official report
shows sales of steel rails of 1,251,-
1T tons for eleven months with l,116,
7SS tons delivered.
Coal is weaker with an increase II
| tideWater stocks of 210,000 tons il
November. The anthracite coal trade
| closes with stocks accommodating anC
/ sales below current quotations.
Cotton stocks are only in moderate
demand and print cloths and dress
goods are steady and better demand
| appears for low grade of overcOatlnf
and satinets, but other mems wooleni
are quiet.
More activity is observed in carpets
A French syndicate has bought
| heavily of raw silk and sudden ad
vance of 20 per cent on French and
Italians and Is | er cent in Japans has
| followed.
Raw cotton is 81 for middling upland
Sales here for the week were $4,000
bales.
/ sales for the week of 370, 600 bags.
The oil speculation is more active.
Copper is dull and lower at Sl7 40 fol
| December, and tin at % cents.
Wheat prices are cents lower. F0
a week sales here have been only z 500,
600 bushels, and the seat of the diff
Guilty is at Chicago. where Favorable
reports as to the growing winter whea
begin to be felt. Reports from the AT
lantic ports for three weeks have beer
| 81 sci bushels against lbs, 231 las
/ year. and of flour 800 ,092 barrels agains
66S, 259, and corn exports 3,l08. 03
| against 1, 141 .074 last year. The pric'
/ of corn has advanced cent
| with oats unchanged. On thu
whole the tendency of prices is still
downward. At western points som'
stringency appears.
The value of exports from this por
for three weeks was 6 per cent large
than last year. Imports keep allow
last year, the increase for three week
being 2.6 per cent.
The movement of specie is con
tracted, rather by financial demand
on the other side, than by the state o
the merchandise trade. A million o
gold went abroad on Wednesday
The treasury has paved out during TIN
week, at all points, 81 400 600 thai
it has taken in. Bankers look for
further outgo of gold in January
though the annual disbursements ar
expected to suffer.
The business failures during tn
past seven days, number 81, a
against total of 303 last week, ant
S05 for the week previous; for the COZ
responding week of last year figure
were 800.