Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1890-04-12
THREE MONTHS.
Dun's Review for the Past Quarter Shows
an Improvement Over the First Quar-
ter of 1SS9-NO Financial Disturb
ance-FeWer Failures.
No Apprehension in the Money Market
Exports Exceed ImpOrss-The Interior
Money Markets Satisfactory
Trouble in Wooden Goods.

NEW YcRx, April 7.-R. G. Dun d Co.
weekly review of trade says:
The first quarter of the year has passed
without the financial disturbance which many
saw reason to fear, with fewer failures than
In the same quarter of last year, with smaller
liabilities by II per cent, and with larger
railroad tonnage than in the same quarter
last year. Foreign trade has been heavier
than the same quarter last season, and the
domestic trade, while much smaller in COAL
wooden and heavy goods, has been at the
maximum in nearly all other lines. The
new quarter begins with no apprehension of
money difficulties with the general level of
prices recovering from the depression of
February, and with signs of improvement in
many quarters.
The money market is no longer the center
of apprehension. Returns of commerce in
dlcates considerable excess of exports over
imports in March, and the trading in securi-
ties appears to have resulted in no consider
able outgo of capital. The money markets
of the interior are more satisfactory, Boston
noting comparatively little pressure, though
rates are firm; Philadelphia reporting money
easier though not plenty, because of many
large investments in southern enterprises;
PlttSburg reporting a fair demand at per
cent; Chicago, frmness with ample supply;
st. Louis, no change from the 6 to per cent.
rate; New Orleans, an easy market; and of
other western cities, Cleveland only report
ing some stringency.
The failures of wooden commission house
here, and manufacturing establishment in
pennsylvania, came Just when there was
signs of better demand by manufacturers for
wool at Boston, here and at Philadelphia.
On large sales concessions are still made, but
manufacturers reason that the present tariff
bill will prevent sales of the new clip at
lower than the current prices, while it may
give them better market for goods. The
long credits demanded on purchases of mate
rails by the clothing manufacturers expose
this entire department of industry to excep-
tlonal disadvantage where consumption is
from any cause curtailed, as on account of
mild weather it has been.
Reports of the boot and shoe and leather
industry are nearly all favorable, and an i'm
provement is noted east of Chicago, but
strong opposition Is made to the proposed
duty on hides.
Reports of trade from the interior cities
are generally favorable. New Orleans notes
the exaggeratiOn of damage and delay by
water. Other western points report trade
good and generally in excess of last years
trade, and collections fair.
The Chicago grain trade continues enorIn-
Gus, corn receipts for week being $3.50, 900
bushels, against $4,000 last year.
Dressed beef shows four-fold gain and
other meats large increase.
The number of failures during the first
quarter of 1890 was 3,223, against 3,211 last
year, with decided decrease at he east, the
south, and on the Pacific.
The average of liabilities was S35, sc, 1868,
against $40, 972, SIG last year, but in this par
ticular there was an increase at the south and
middle states-in the latter nearly 80 per
cent.-with decreases in all other sections.
The business failures occurring throughout
the country during the last seven days num-
Der POS, as compared with 243 last week.
For the corresponding week of last year the
figures were Do.