The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1889-04-04
SIAIE OF IRAOE.

Dun's ReTisw of Bsiness Trausaotions for Tie
Past Week.
New YORK, March Or. G. Dun
s. Co. g weekly review of trade says:
The general tendency of reports indi-
Gates that trade is both improving and
hopeful. At Omaha business is very
good. at Kansas City and Chicago fair,
and at Cleveland larger than last year,
though the proportion is small. The
rapid growth of tributary regions ac~
counts for improvement at far western
points. All the interior money mar
kets are well supplied, but preparation
for April settlements has advanced
rates here to per cent on call: No
material change appears IN collections.
Two considerable failures at Milwau
kee are attributable to bad collections.
In the wooden trade there is some in
crease in demand and wool is more
firmly held. The firmnesS in cotton
goods abates with the termination of
the great Fall River strike.
The iron trade weaker and blocks Of
fered through commission houses at
very low prices. Alabama grey forge
is offered at S15.25 and No. ! foundry
at SIT. More business is seen in bar
iron here and at Pittsburg, but the rail
market continued unsatisfactory.
The coal market is pronounced the
dulleSt for 10 years. At Pittsburg the
closing of the Monongahela mines for a
fortnight is contemplated and the
trade has been and grows worse.
The glass business is also depressed.
Tin is weaker at $21. Is here and lead
at S3.65.
Another decline in wheat SIC for the
| week with sales of over 10000, QUO
bushels here in SD lite of some orders to
export, comes because a large IN
crease in the acreage of spring wheat
| is foreshadowed. A heavy failure at
Antwerp on the long side helped the
| depression.
Corn and oats are unchanged and
pork products shade stronger. Sugar
in active demand. Coffee unchanged.
Cotton has risen shade with sales
of ga 900 bales with an increase ot 50,
600 bales on port receipts.
Once more the week shows de-
crease in the average prices OF all CON-
modities which are third of l pei
cent lower than week ago.
| In iron, Messrs. Carnegie 81 Hewitt
have recently protested that the rail-
roads by continuing the present charges
for freight material and products will
make it impossible for eastsrn works
| to compete with southern works. Ihe
era of cheapness makes it possible to
extend manufactures in countless
| directions. Thus the North Chicago
Rolling Mill consolidation will COM
| mence the production of tin plates. EX
ports are expanding in an unexpected
direction. A British railway being
near the northern frontier Of India is
using timber exclusively from Wash
ington territory.
The supply of money is ample and the
treasury has paid out 5000 eco more
than it has taken in.
Foreign trade IN February showed
an increase of nearly per cent in eX'
ports. In March. the blizzard month
last year, exports from this city have
increased over Z ,000, COO or 35 per cent
while the imports have increased p pei
cent, which seems to Indicate an excess
of over 10000. 900 in imports for the
month.
The weakest point of late has beer
| the stock market, which has declined
| about 81 per share for the week witt
rumors of receiversh1ps and large sell
ing by investors on account of past
Encouragement and losses. The sell
ing on foreign account. if long contin
ued, would affect the monetary pros
pect aud it is growing clearer that the
Interstate law as amended has not in
creased the confidence of security hold
eTs.
The business failures are 2t3 as com
pared with total of 249 last week anC
261 the previous week; for the cores
ponding week of last year the figures
| were 223.