The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1888-03-15
BUSINESS FOR THE WEEK DULL.

A Succession OF Events COnspire TO
Limit Purchases to Immediate
Needs.
NEW YORK, Mar. 10.-The follow
ing is r. G. Dun Il Co.'S review of trade
for the week ending March 10:
Business begins to fall below that of
last wear in volume. The railroad
strikes and the possibility Of their ex-
tending, the uncertainty as to the tar
iff and the mode of preventing accum-
ulation of money in the treasury, the
death of the German emperor and the
doubt as to its financial effects, con-
spire to check new venturers and to
limit purchasers to immediate needs.
Thus the exchanges outside of New
York fall below that of last year and
the desire at nearly all the principal
centers is considerable though numer-
Gus smaller cities still report gains.
The tendency of the markets is gener-
ally toward lover prices though the
average for all commodities is as yet
hardly one per cent below the highest
point touched soon after the news.
Railroad earnings continue large but
the increase in expenses also contln-
ueS.
The wheat market has been raised
two cents by foreign news, but With the
result of completely arresting the eX-
port demand. Corn and oats has also
risen about one cent and little more,
while the foreign news has checked a
decline in pork products, but cotton
and sugar are lower, together with
some grades of iron and wool. The
decline in sugar has been small and the
belief that the twist may be effectually
resisted to increase. A drop OF one
half a cent in cotton has caused some
failures at the south, but does not sur
prise any who have observed that re-
ceipts from plantations are still above
800 900 bales above those of last year
to date. The belief that the crop will
reach 6,700.000 bales appears to gain
strength. In the dry goods market
the demand even for cotton goods has
become moderate. The uncertainty as
to prompt transportation checks opera
tions, and also the uncertainty as to
the tariff. The inquiry IN print
cloths is light at threa-eights of a cent
decline. Long ago it was strong at
four cents. The wool market is steady
for the better grades, which are in small
supply, but other lots are slow of sale
except at concessions. Manufacturers
generally are buying for immediate
wants. The boot and shoe trade is
steady and manufacturers busy, but
the demand does not grow stronger.
The treasury has paid out money
more freely the past week and has add
ed 100000 to its deposits in banks,
and yet has taken in 81 100000 more
than it has paid out. The expectation
of early exports of gold is strength
ened by trade accounts indicating a
probable excess of imports over eX-
ports in February, and by recent sales
of securities on foreign accounts. But
the supply of money at all interior
points reporting is ample, and collec-
lions are nowhere a matter of special
complaint.
The business failures throughout the
country for the past seven days, as re-
ported number: For the United States,
195; Canada, So; total of 253, as COM
pared with total of PA week ago,
and 270 for the week previous. For
the corresponding week of 1887 the fig
ure 203 in the United States and Is in
Canada, total of 219.