Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1890-07-05
BOUND UP.
June Trade Larger Than in Any Previous
Tear-Industrial Hesitation in RA-
gard to the Monetary Outlook
Casts Shadow.
Uncertainty Resulting From Delayed Leg
1slation@Gensral Level of Prices Lower
"A Drop Rack From the StinuIant
OfExpected Silver Legislation.

EKw YoRx, June 3O.-R. G. Dun 4 Cob
weekly review of trade says:
While the volume of trade, as indicated by
bank exchanges at interior cities and by rail-
road earnings, continue larger than in the
same month of any previous year, the pros
poets for the future are rendered less salts
factory by industrial hesitation and doubt in
regard to the monetary outlook Industrial
hesitation results from the delay of Iegisla-
ton and increased uncertainty regarding the
outcome.
Wool is distinctly weaker in the interior
and at eastern markets, and disposition is
shown to meet the needs of manufacturers.
This uncertainty also affects estimates of
the future demands for iron and so contin-
market. Large transactions in structural
iron aud rails have been closed, but without
strengthening prices.
Cotton has declined quarter of a cent:
wheat has fallen off 11Sc, with better news
from the northwest, and oats &c. Lard and
hogs are shade lower.
Coffee is steady, but oil has declined 3sEc.
Raw sugar Is 1-16th and crushed nc lower,
and further concessions on refined are ex-
pected.
The general level of prices is lower in mart
because of reaction from the MANY spec11la-
tons which the prospect of unlimited silver
coinage engendered. Business at other cit
les is well maintained for the season, and the
exceedingly confident tone hitherto prevail
ing does not at all abate. If there are posi-
bilities of disappointment they do not seem
to be realized as yet. BnstOn:-Not as good
demand and higher prices Tor cotton and
leather goods. No demand for lumber and
large receipts of woods, which tend to weaken
the market. At Philadelphia coal is dull.
Chicago continues confidnent of a large and
profitable fall trade, and the statistics of the
board of trade show an increase over last
year in the grain business and in seeds; a
slight decrease in meats, but gain of nearly
100 per cent IN dressed beef, an increase in
lard and large decrease in butter. The dry
goods business exceeds last year, and the
prospects of the clothing trade> for the fall
are thought quite fiattering! st. Louis re-
ports trade In all lines above the average
Milwaukee notes excellent crop prospects
and good business. st. Paul finds the situa-
ton very encouraging, and trade at Omaha
and Denver is good. At Detroit business is
quiet, wool moving slowly becau.e farmers
hold for higher prices. An average business
is reported at Kansas City and no change at
Pittsburg, except tkat, while the iron mills
are fairly employed rails are 81 lower and
glass works closing for the season. In all
the reports, whether from north or south,
there is a noteworthy absence of complaint
about collections, and the money markets
are fully supplied, but the demand is quite
active at st. Louis and Cleveland and pushes
close upon the supply at Milwaukee, while it
is weak at Kansas City. The money market
is firmer at Boston and Pittsburg, but plen-
tifully supplied at Chicago and easy at Phil
adelphia, and the coming July disbursements
are expected to cause greater ease every
where.
The business failures occurring throughout
the country during the last seven days num-
bered 202, as compared with 199 last
week. For the corresponding week of 1889
the figures were 215.