Wichita eagle., 1888-03-10
THE TRADE REYIRV.
~ ;i.I;s
BUSINESS LESS IN VOLUME THAN
LAST WEAR. Iii
Many Causes Tend to Check New
. Ventures and Limit Purchases
to Present Needs.
The Supply Of Money at Interior Points
Ample-BusinesS Failures for the
Week Just Past.
The Sullivan-Mitchell Fight Probably
Postponed for the Present-A Brit
ish Bark Wrecked.

NEW YORK, March 9-Following Is r.
G. Dun G. Co.'S review of trade for the
week ending March 10th:
Business begins to fall below that of last
year in volume. The railroad strikes and
the possibility of their extending, the I'M
certainty as to the tariff and the mode OF
preventing accumulation of money in the
treasury, the death of the German en-
peror, and the doubt as to its financial
effects, conspire to check new ventures.
and to limit purchases to immediate
needs Thus the exchanges outside of
New York fall below those of
last year, and the decline,
at nearly all the principal
centers of distribution, is considerable,
though numerous smaller cities still report
gains. The tendency of the markets is
generally toward lower prices, though the
average for all commodities is, as yet,
hardly per cent below the highest point
touched soon after the news.
Railroad earnings continue larger but
the increase in expenses also continues.
The wheat market has been lifted = cents
by the foreign news, but with the result of
completely arresting the export demand.
Corn and oats have also risen about cent,
and oil little more, while the foreign news
has checked decline in pork products, but
cotton and sugar are lower, with some
grades of iron and wool. The decline in
sugar has been small: belief that the trust
may be eventually resisted seems to in
crease.
A drop of u cent in cotton has caused
some failures here and at the south, but
does not surprise any who observed that
receipts from plantations are still about
800. 900 bales above those of last year 10
to date. The belief that the crop will re a"h
9, 100000 bales appears to gain strength.
In the dry goods market the demand,
even for cotton goods. has become mod
crate, the uncertainty as to prompt trans
poration checks operation, and also the I'M
certainty as to the tariff. The inquiry as
to print cloths is light at IS cent. Long
ago it was strong at cents.
The wool market is steady for the better
grades, which are in small supply, but
other lots are slow of sale, except at con-
cessions, and manufacturers generally are
buying only for immediate wants.
The boot and shoe trade is steady and
manufacturers busy.
Iron does not grow stronger.
The treasury has paid out money more
freely the past week, and has added $780,
900 to its deposits in banks, and yet has
taken in 81 600, 900 more than it has paid
out. The expectation of early exports of gold
is strengthened by trade accounts, indi-
eating a probable excess OF imports over
exports in February, and by recent sales of
securities ON foreign accounts. But the
supply of money at all interior points re-
porting is ample. and collections are now
here IL matter of special complaint
The business failures occurring through
out the country during the past seven days
are reported to number for the United
States 1875, for Canada IS, or total of 253, as
compared with total OF Phi last week and
270 the week previous. In the correspond
ing week of 1857 the figures were 2G3 in the
United States and 16 in Canada, total 80