Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1890-10-11
PHENOMENAL ACTIVITY
Comparative Freedom From Speculative
ACKNOWLEDGEMENTS, 90. Saw .
Greater Increase in Circulation and
Decrease in Public Debt
Trade Active and Improving Everywhere;
Exports Larger; General Average Of
Prices Per Cent. Higher Than
Year AgO-FeWsr Failures.

NKW YORK, october 6.-R. q. Dun q Co. q
weekly review of trade says:
Never before has there been in any month
30 great an increase in the circulation or SO
large a payment of public debt as in the
month just closed. Domestic trade is i'm
proving in all directions, and at least for the
time there is also improvement in exports,
which now show for the past month a gain
of per cent. over last year at New York.
Of the magnitude of domestic trade, it ap-
pears that actual payments through clearing
houses outside of New York were in Septem-
Der 161S per cent. greater than last year.
This is partly due to higher prices, for the
general average of commodities has risen
l per cent. during the past week, and has
been over per cent. above last year for the
past month. But the earnings of railroads.
as far as reported for September, show a
gain over last year of "a per cent, and the
movements of cattle and of cotton is partic-
ular heavy. In spite of the short crop, the
movement of oats exceeded last years,
while the decrease in wheat and corn is partly
balanced by increase in -four. Sales of iron
ore at Cleveland thus far this year exceed
last years to date by one third. These items
respecting the larger trades accord with ac-
q.
highly favorable.
Boston notes healthy and encouraging
trade in New England. Philadelphia reports
more confidence. Chicago notes, besides
heavy receipts of grain, meats and cattle, a
larger trade in dry goods than last year, with
prompt collections, and the same In boots
and shoes, and a larger trade. but not so
prompt collections, in clothing. st. Louis
notes unusual activity in all lines, with
the dry goods trade exceeding any previous
year. Cincinnati reports very liberal orders
for clothing, a good trade in tobacco at
favorable prices, and heavy movement of
fruits and prodcce on account of local scar
city. Milwaukee notes very good trade. the
ciothiers especially being unable to Fill unex-
pectedly heavy country orders.
AT Savannah trade Is very brisk. st. Paul
and Minneapolis, Omaha, Denver and Kan
sas City, it is very good; at Detroit better
than last year, in some lines, and at Pitts
burg large in volume and strong in tone for
finished iron and glass, but less strong for
pig iron and rails, and for glass chimneys.
Many works there are hurrying prepara-
tons to tuR out tin plates. The iron mar
ket is singdlarly sustained in spite of unprec-
edented product, by the unprecedented de-
mand. A sharp advance in tin closed with
prices nominaIly "a cents higher, though the
visible supply Is greater than a year ago.
Lake copper is firmly held at IL cents not
withstanding raids on other grades, and lead
is strong at 1857, some foreign having been
bought for importation. Cotton and coffee
have been unchanged in price, with oil and
hogs lower, but the price of wheat has ad-
yanced, while oats have declined. the de-
tails given show that in all parts of the coun-
try, and in all important branches of business,
there is phenomenal activity, nevertheless
there is comparative freedom from specula-
tive excitement or disturbances.
The general soundness of trade is shown
by the reports of failures, which for the third
quarter of 1890 were smaller in number and
amount of liabilities than for the same quar-
ter of 1889, though in Canada rather larger
in both respects. The decrease In number
in the United States was rather small, 2. 1876,
this year, against 2,276 last year, but the liza
bilities were but S35, 452, 436, against $780,
227, 045 last year, showing decrease in the
average for each firm failing.
The business failures occurring throughout
the country during the past seven days num-
Der 1877. as compared with 219 last week. For
the corresponding week of last year the figures
were 2O6