Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1890-12-25
DUN'S REPORT.
Financial Uncertainty a Disturb
ing Feature
CONSIDERABLE HARM BEING DONE.
business Failures Largely Increased Con-
fidence Improving at Boston and Sc.
Paul Exports Increased and Inn
ports Heavy.

New YORK, Dec, 90 R. G. Dun &
Business continues large for the
season, but there is perceptibly less
feeling of confidence. The causes ap-
pear to be: First prospect Of important
monetary legislation, the effects of
which are not clearly foreseen; second,
frequent failures and greater difficulties
in making collections; and third, less
satisfactory collections in some large
branches of industry. Probably more
people are affected, as business
undertakings often show, by I'M
certainty about financial legislation
and is effects than by any other
cause. Though the rate for money on
call is lower than a week ago and money
Is easier at Boston and Philadelphia,
there is still strngency at most points
throughout the country. Complaints Of
slow collections have rarely been more
general, and in many cases settlements
can only be made with notes or renew
ais But in all quarters there is hope
that after January things may inn
prove in this respect If Legislative
prospects do not meanwhile cause
greater shrinkage of credits and cur
tailment of purchases
Foreign influences are not now dis
turbing. Exports of products for the
two weeks of December from New York
show gain Of per cent over last year,
and the total Of last December was
hardly ever surpassed Though i'm
exceeded by exports at present Ex-
ports of cotton thus far this month ex-
coed last years and also of provisions,
but there is a heavy decrease in grain
caused by speculative prices here. Trade
at the South is fair at most pointa St
Louis has colder weather, favoring all
lines of trade, but Arkansas City holt
day trade is below the average; at Den
yer trade Is only fair; at Salt Lake Inn
proving some; at Omaha fair; at Mime
apolis steady for lumber and inn
proving in prices for -four, and
at St Paul confidence Is re-
turning Collections in this region are
at most points fair. At Chicago receipts
Of wheat and wool are q third below the
other years, of hides larger and OF other
products about the same, sales Of mer.
chandise exceed last years. money 10
firm but fairly supplied, and there Is
confidence in the immediate future. At
Milwaukee and Detroit trade Is good 81
Cleveland fair, and at Cincinnati quiet
in wholesale lines. Pittsburgh reports
more confidence Trade in manufact-
ured iron and in 81 ass slower, and Bes-
semer blooms lower; banks are less sp-
prehensive, but cautious Confidence
improves at Boston ON sales Of mer-
chsndise Though money is easier at
the noteworthy feature 10
the general difficulty of collections
In iron. paints, OilA
jewelry and glass Trade is fair
in all these lines and glass
plates are sitter, but lower prices are
in wool and the demand for
tobacco is light. The demand for an
thracite coal is demoraliEed and rsstric-
tions Of output do not restrict 9 general
break up of the com bine being appre-
hended. Iron shows no improve
nent at Philadelphia or here. The de-
nand for finished products generally Is
Stacker and closing Of moro foundries is
likely to be forced Copper IL unsettled.
but tin is a shade stronger at 20 IS cents
and lead at g. 10 The dry goods trade
'eels the influence OF recent failures
Ind of stringency in commercial loans
In the speculative markets the tend
,ncy has generally been downward,
though wheat is IL cents higher than
. week ago in spite Of phenomsnally
mall exports and ACCOMPLISHING stcckk,
CORN is 2H cents lower, pork rs cent?
,er barrel, hogs IS cents per 100 pounds
md oil fraction lower Cotton and
,ofee are unchanged for the week.
But It Is noteworthy thst the specnla-
i've markets are all hesitsting In the
ceiling that monetary legislation may
alter the situation Henoe1
argely increased immediate supplies Of
money by imports Of gold snd Treasury
disbursements have less effect than.
night be expected
The business failures occurring
the country during the last
even days number 4Q4 a. compared
nth 374 last week. For the CORE
ponding week Of last year the figures
Eere s42
Governor Francis. Of Missouri, has ars
ointed Ex-Governor A. n. Woodsoh
ldge Of the circuit court Of Buchaaan
ounty to MI the vacancy caused By
49, -. Al