The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1888-10-04
Dun's ReVieW.

NEW YORK, Sept. 2S.-R. G.. Dun &
Co. IS Weekly Review says:
Doubt about the corn has vanished.
Estimates vary each way from 2,O15,-
DOC, 900 bushels, but it is doubtless the
largest crop ever raised. The increase
of over 500. 600, 900 bushels on the
crop far outweighs in value loss in
the yield of wheat, and also any posi-
BILE loss in the yield of cotton. But the
yield of oats is also the largest on
record, and the yield of hay and pota-
toes is excellent. 1t is safe to say that
this years agricultural products
will represent at least I00, 000, 600, an
increase over last year at average
prices for both. Trade has been check
ed by artificial prices. A corner in
wheat put the price for September to
S1.25 at Chicago on Thursday the rise
he ng 5 cents for the week. Seaboard
prices have for some time been relative
ly too high for foreign markets.
The demand for cotton goods is slow
and conservative print cloths have de-
clined to 3.77 cents and the market is
more moderate daily.
Speculation in wool has checked the
manufacturing demand, while the sup
ply is short. The pressure of foreign
goods at low prices prevents the adj
vance in prices by producers here.
In pork products prices have yielded
but little, and packing falls much be-
hind last years.
Corn has fallen but one cent not
withstanding the great yield.
AT Kansas City the market for cat
tie is overstOcked and prices are so low
as to check movements.
The boot and shoe trade is large.
The Iron market is strong at Phila-
| delphia, but weak at Pittsburg.
Southern No. is quoted at SIS. 10
| here.
No improvement appears in steel
rails. of which ! 800 tons were sold,
mainly by western mills, their $50 be-
ing relatively lower than the current
$28 at eastern mills.
During the past week the stock mar
ket has been stronger, gaining nearly
| dollar per share on the more active
stocks, but the advance has been main
ly due to the covering of short sales
and DIuch realizing by foreign holders
| points are uniformly hopeful.
The cotton crop is about
three weeks late and is
delayed by stOppages of traffic AT
| western points business is reported
good or improving though more COM
| plant of slow collections is heard.
Money is generally in ample supply,
but stringency increases at Cleveland
and the demand is strong at st. Louis
and Milwaukee. Kansas City reports
loans paid with unusual regularity and
money is easy at Omaha. The ex-
changes for the latest weeks, shows a
gain over last year of cents outside
/ of New York.
August imports exceeded exports by
$11, 671 1852, and the excess for eight
months was SS7, 40 ,92S; from New
York the exports for the past -four
weeks have been four per cent below
last years with imports equal to those
of 1887. The treasury continues
to supply money freely by
purchases of bonds. taking
nearly g., OO0, eco on Thursday,
| and its disbursements for the week have
exceeded its receipts by 81 200 900.
The fact that failures continue in large
numbers for the season is not to be
overlooked. TIE September reports
showing about 40 in the United States
against ga last year. The business
| failures for the week are 30; for the
corresponding week of 1887, the figures
were 1856