Wichita eagle., 1888-08-05
DUN'S TRADE REVIEW.

NEW YORK, Aug. 4.-R. q. Dun & Co s
weekly review of trade says: Business is
a little better in the aggregate and the vol
ume is now fully equal that of last year at
his date. although smaller in some lmpor-
tant branches. The iron and wooden trades
have materially increased, but business in
groceries, lumber and farm products gen
orally Is large and confidence IN an i'm
provement at no distant day grows strong
er This confidence has substantial b4eis
In the crop prospects, which grow more
satisfactory each week, and in the belief
that the changes in the tariff affecting
important industries will by congress
disagreement be reserved to a vote of
the people. Trade has improved in Phlla-
delphia, Baltimore, Cleveland, Detroit
st. Paul, Nashville and Galveston and
Is excellent at Omaha. At some
points the lateness of the season retards
the arrival and activity and at many the
dizziness Is still unbroken. but the general
result is a perceptibe increatse of activity
At Detroit and st. Paul the lumber trade
is especially mentioned and at pittsburg
and Nashville larger transactions and
letter prices in iron have been noticed
with improvement also in charcoal iron at
Detroit. Wool dealings are smaller than
hereafter, and dry goods are not especially
active, the demand for woolens being
slack even at low prices and for cottons
rather irresulor for the season. TIE case
trade has been large in July, but seems 10
slacken: More activity is seen in coffee
which has declined half cent, and in
cane sugar. but refined is easier, produc-
lion having overtaken consumption.
The speculative markets have been more
active. Wheat has risen cents for the
week with sales of 5000, 0l0 bushels, and
corn cent with sales of 5000, 900 bushels.
and oats , cents, but all were still higher
on Wednesday aud have since decreased.
Hogs have risen 10 cents and lard Il cents
per 100 pounds, and pork p cents per ba1-
rel; oil Ia cents and cotton - cents per 100
pounds with sales of 269. 600 bales.
The excellence of the crop prospects in
This country does not prevent an advance
in products, which is based on the belief
in larger foreign demand hereafter,
though the exports thus far have been
much below those OF last year.
Iron is considered stronger. though No.
| southern is quoted at SIPS, delivered in
Brooklyn, and steel rails are lower. sales
being quoted equivalent TO so at eastern
mills The general average of all prices has
risen 2ls per cent since July l. Most in
iustries appear fairly employed, though
40 improvement is seen in iron or wooden
manufacture and los qualities of wool av
srage exactly the same price a. July /.
l-abor difficulties are gradually diminish
ng. The treasury has taken in during the
past week s, 0oo, 600 more than it has paid
put, and the actual circulation of all
kinds is about q, o00. 900 less than il was a
month ago, owing mainly to the large re-
.irement of bank notes. But this results
from the comparative inactivity OF trade
and reports from all monetary ceuters in
dicate that the supply of money is ample
Tor all legitimate business, The settle
ment of the cable war and the excellent
crop prospects have been used 10 advance
stocks about sixty two cents per shsre. but
western freight wars do not yet improve
In spite Of frequent hopeful reports