The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1889-03-21
sTAIE OF TRAOE.
Duu's Review of B,ipss. Transactions for The
Past Week.

Ouu'B hoglSu Of btlnoB8 Iftn6ocflonB Tor 1ne
Past Week.
NEW YORK, March 15.-R. G. Dun
s. Co.'s weekly review Of trade says:
The great fall in the price Of copper
from about $50 to ESQ per ton at Lon
don appears to have come to stay.
Liquidation is a confessed necessity at
Paris, and consumers in this country
are looking for much lower prices when
contracts run out in June.
While Boston stocks have declined
severely there is no sign of disturbance
there and rates for money are compar-
atively easy at prices nearly nominal,
with scaI cely any trading.
Tin declined a little and lead was
weaker.
The monthly report of iron furnaces,
in blast, contrary to general eXpecLa-
ton shows slight increase IN Febru-
| AIRY, the output reaching l69,775 tons
| weekly March /, against los sou last
year. The market Tor bar iron Is pro-
nounced the poorest for many Years.
The demand for Car building and
skelp iron has fallen of to almost moth
| ing and while there is more demand
for plate iron and the movement of
pipe is fair, for the season, the struc-
tural iron is gloomy. Nails show no
| improvement and are demoraliZed, and
steel rails are quoted at %. st; sales to
| Marcht /, have been 500, $50 tons and
/ deliveries l42, 1877 tons, and makers de
cided not to increase the allotment.
The government report showing 112,-
| 600, 900 bushels of wheat IN the farmers
| hands is regarded by operators rs an
/ argument for lower prices. With a
visible supply of $1,000, 90 bushels
| there is thus in sight about 81 100000
| bushels more than Will be required for
bond and seed until July lst, and there
is besides large stock on the Pacihc
coast, in country elevators and in the
hands of traders, not included in the
visible supply and probably more than
the ordinary stock of flour or lard.
The winter having been open, when il
is considered that the ordinary stock OF
-four would probably exceed 3O,OOO.OOC
bushels of wheat and that last years
exports of wheat and -four from March
LIST to July LIST, cover but % 600, OOt
bushels the prospect of scarcity seems
remote. The price has fallen 4 cents
for the week with sales of So 900, 0OC
bushels here. Corn is lc lower and oats q
quarter. Pork products are I'M
changed.
No change appears in coffee. and but
a fraction In oil.
The stock market has been weak anC
} prices have declined Un an average Of
per cent per share with considerable
selling by foreigners, perhaps Occas
} toned in part by fears of disturbance
At Paris there was increased dtsheart
eminent as to railroad pros
: poets. The traffic returns continue
, fairly ahead of last years, however
J and the root of the difficulty is still
dissatisfaction of investors with thu
manner in which corpations have beer
| managed.
, The reports from the interior thi
week almost uniformly indicate SOM
improvement in business, though com
: plant of slow collections is about a
general as before.
: There is an improvement in leath
er, liquors, groceries and cattle
3 Money at all interior markets re
J mains in ample supply, while at Mil
/ waukee. Detroit and a few minO
points improvement in demand is oh
! served.
! The treasury has taken in during tn
7 week only 100000 more than it ha
: paid out. On the whole, while the i'll
T provement in trade is slow and narroN
( 1T is clearly helped by the failure c
; wheat and copper speculatlons- and b
l the movement of prices toward lowe
q level. For the week the decline ]
:. average prices of commodities ha
l been nearly half of per cent.
5 The business failures number 2e
y last week. and 232 the week previous
Q for the corresponding week last yea
e the figures were 22S.