Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1888-07-05
SIX MONTHS BUSINESS.
Bradstreet and Dun on Business
For the First Half Of
1888.
Business as Good as Might Be Expected
Under the Circumstances
mercial Failures.
A Sharp Corner in Ooffse-The Price
Nearly DOubles-Grand Crops in
the West.

NEW YoRK, June 3).-SpeciaT kilograms
to BrGdstreet'S from leading trade centers
report general business practically un-
changed during the week. Dizziness and
slight decreases are noted at Philadelphia
st. Louis, Galveston and New Orleans, !
while rains in Louisiana and Texas have
checked trade some. Kansas City, Chi
cago, Louisville and Omaha announce q
more active distribution in some lines.
Mercantile collections are quite irregu-
lar and there is no special change at promi-
nent financial centers. Funds continue
easy. Although there is some decline at the
West in the demand Tor New York ex-
changes, the ra es still favor the metropo-
lis.
In spite of rate cutting by the trunk
lines and continued unfavorable reports
regarding the granger roads, the New
York stock market was fairly steady, the
complete stagnation OF speculation pre-
venting any definite movements. Bonds
are steady in anticipation OF an invest
ment demand after July 1. Money at New
York is very easy and the July changes
and disbursements have little or no in
huence.
There were 1653, 1877 bushels of wheat
and -four exported from the United States
this week ard 43G, 26S bushels of Indian
corn, bringing the totals for the year ended
today to 121, 101, O59 bushels of wheat and
q, S31, ST. bushels OF corn. The decline in
the shipments of the former is % per cent.
and of the latter 80 per cent. No. 2 red
wheat closed at 50 cents delivered, or seven
eighths of cent lower on the week;
corn at 81 cents delivered, a decrease of
three-fourths of cent; oats at
35, from seven eighths to "a cents
higher. At st. Louis, Kansas City and
hao ord nd
the markets are dull. There is a good de-
mand for hogs at the cities last named
with lighter offerings, but no material
change in prices. The weeks rains have
furnished an excellent planting and grow
ing season for tobacco, and the Kentucky
crop Is doing well except in the barley dis
trict where successive delays and short
supply OF plants have reduced the supply
to about two-thirds of the contemplated
acreage.
BrGdStrcet'S report of failures throughout
the United States for six months ended
to-day, shows 5 254 against 1915 last year,
and as compared with larger totals in each
preceding year until 1882. The aggregate
of liabilities is S65 000, 0O0-a gain of about
$12, 000, O00-but the percentage of assets to
liabilities this year is SO as compared with
As year ago.
DUNs REPORT.
NEW YORK, June 30.-R. G. Dun & Co. in
their review of trade say: ''The half year
closes with volume OF business at this
date about 10 per cent. smaller than that OF
last year, but larger than that OF previous
years. The general complaint that busl-
ness is dull means that the reaction from
the greater activity of year ago, and
from the confident expectations of last
winter is more keenly felt. To very many
traders who bought largely in their over
confidence, the shrlnkage brings serious
losses or actual embarrassment, and to this
cause is mainly due the increase noted DUR
ing recent months in the number of
failure. For the past quarter failures num-
Der 2.24l in the United States, against
1.9J5 for the same quarter last year and in
Canada 343 against 315. In amount of liza
bilities there is also an increase in the
United States of SS9 223, $50 aga in st S22. &c.,
$50 last year, but decrease in Cans of
81, ISL, 694 against s.. 207. $50 last year.
'"The report of failures for the half year
ending June 81 is more favorable than the
statement for the last quarter, showing
but slight increase in number in the
United States, and decrease in the mag
nitude of liabilities in Canada as follows:
United States. 1855. first half, failures
F,1S9, Liabilities S65 III l59. canada, fail
ures S72 liabilities 81 SI2, 422; 1887, first
half United States, failures 9l2. liabIlI-
ties S5j. 49, O92; Canada, failures 721, habil-
tiles S10,693,0 l5."
A COFFEE CORNER.
NEW York, June 3l-The brokers in the
coffee market were filled with consterna
tion yesterday morning by the springing
of the sharpest corner ever worked in the
coffee exchange. The bulls had effected
complete corner in spot coffee, and when
the operators having June coffee to deliver
attempted to buy it they found that it was
all held by S. Gruner & Co ana Crossman
Brothers, who represented the bull Clique,
and in the first hour the price advanced
81 cents a pound, opening with a sale
a. 1879 cents AMI advancing to ID cents
on the first call on sales Of ], $50 bags. After
the call 1t rose one cent at time till noon.
when IS cents were bid and no coT ee .und
for sale. The pool brokers intiInated that
the utstandiny contracts would be settled
at 20 cents a pound. In the afternoon the
corner was continued, but settling price
was fixed on by brokers for the bull houses
making ransactions at 81 and 21.05 cents
per pound-an advance OF SOS points since
the opening. TIE brokers ella. IN that the
short lntere st i very small.
SUPERB CROPS.
CHICAGO, June 30.-A gentleman just re-
turned from Colorado, spcAkng Of crop
prospects, said that corn in Eastern Colo
RADIO, Kansas. Nebraska, Iowa and Illinois
could not !. ok better. In Western Kans 4 q,
where they had failure last year, the
outlook was superb The roads were mud
dy in Colorado, and good corn was to be
seen in the eastern part of the State,
grown with. ut irrigation. The wheat crop
was much improved and the grass crop
somct hing wonderful Even the big hills
between Kansas and the Rocky mountains
were green with grass. He believed there
would be the oil yield OF %, 0O0, 90 bushels
Of corn this year.
banquet in Belgium.
BRUSSELS, June 29--ComDissioner Bige