The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1889-01-10
nae sIAIE oF IRAnE.
B. G Dun & Co.'s Weekly Rsviev Of the 8uninasn
Situation Throughout the Country.

B. G Dun & Co.'S Weekly Rsviev Of the 8urinssl
Situation Throughout the Country.
New York, Jan. 4.-R. 6. Dun q
Co.'S Review of Trade says:
a hopeful feeling everywhere pre-
walls. In spite of the retarding IN
fluences the reports of the condition OF
business are generally favorable. The
growth of manufacturing at western
points is notable feature, and espec-
tally in the gas regions at points in
northern Illinois and Iowa.
Merchants generally reckon on a
large increase in the amount of bust
ness over last year. The hardness of coll
lections due IN different section to short
or late crops, to yellow fever, to mild
weather, or to retarded distribution or
marketing, is matter of general COM
plant.
at many cities the record of building
shows a surprising increase, and espec-
tally in the south.
we'll supplied have a better demand at
Philadelphia, Cleveland, Milwaukee,
Omaha, Sioux City and Detroit. The
volume of currency practically UNI
changed during December is now ST.
400 900, 900, only one and one half mill
lion below the largest ever recorded,
| that of November first, year ago. 1t
was 81 1884, 000, eco during the past
week. The treasury has taken in half
million more than it has paid out,
and the bank of England'S statement
] leads to the belief that more money
may be drawn from this side, but the
merchandise exports for the past
month from New York have
exceeded those of the previous
4 IA nof In
crease of % per cent IN imports which
would indicate an excess on 20,O00,-
600 on exports over imports for the
month.
The course of the stock market thus
far has disappointed those who looked
for rapid advance. The reports OF
rate cutting have had bad influence.
Speculative markets have not been
active, excepting for lard, which has
declined over 1-2 cent.
Coffee is 81 cent higher, with sales
of 236 900 bags.
Cotton is steady with sales of 36S, GOO
bales and wheat unchanged with sales
of 20, COO, 900 bushels for the week.
Corn 1-2 entlower, and oats nearly
l cent higher.
Crude oil is nearly cent lower and
refined 20 cents per 100 gallons lower.
The enormous output of iron still
| weakenS the market. and while the
production last year is believed to have
been $3.50, 900 gross tons the deliveries
of steel rails were probably 500. 600 tons
less than in in 1887, and about IL 900
ton less than the capacity of the mills.
The annual statement of failures
showing that 10,607 firms, or trifl 9
more than 100 per cent went into bank
ruptcy in 1888. on the whole, is espee-
ally encouraging because the average
liabilities was S1l ,595 for the year; e10.-
738 for the last quarter, indicating that
remarkably large proportion of the
failures reported were of firms doing q
small busisess. 1t may be noticed that
throughout the western and southern
states, Texas excluded, the failures
were both more numerous and larger
in aggregate of liabilities than in the
year preceding, while in the eastern,
middle and Pacific states, an import
ant decrease in amount of liabilities
appears and also in Texas. The BUSH
ness failures for the week were 800.