Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1891-10-10
BUSINESS.
No Discouragement In tho
Business Of the Country.
The FURRY in Stocks Started by
the Failure Of One Railroad to
Declare q Dividend Causos No.
Trouble In Business Circles.

NV Yoax, October 6.-A G. Dun Co.1
weekly review of trade sayE
The past week brought the expected reac-
tioa in stocks, with tho passing OF ID divi-
dsnd By TIE Missouri Pacific and some troub-
10 among western roads But in The busi-
nsss at tie country no reaction appsers. nor
are thsif signs OF encouragement
In many casss farmers viii realize on their
wheat grown this year moro than The entire
cost Of their farma Unseasonably hot
weather has for time retarded some trades.
but change ID already noticed. Il il also .
most encouraging fact that thsdS favorable
conditions have produced q Jet NO specula-
tive excitement or craze, such % often pre-
pares tho way tor SWIFT and disastrous reac-
the apprehension of financial difficulty this
fall has powerfully restrained the speculative
tendency.
Iron markets are distinctly stronger, there
being less pressure to sell. Concessions are
more rare, even though any advance in prices
is - yet resisted. The demand for bar iron
10 not active and the weakness in stocks tends
Large sales of copper at 12H cents are ~
ported, but TIN cold ~ low - 70 cents, and
the sales of lead were small
Sales of dry goods were large in tho aQgre-
gate. but in light weights far below last
years, and many looms are idle for the pres
emit. On the other hand there il q peculiar
increase in the demand for heavy weights,
and of dress goods sales are satisfactory,
great improvement in quality being aoticed.
Cotton goods are little less active, but print
cloths are firm at cents. and of prints some
styles are an eighth or quarter higher. Sales
of knit goods are retarded by the weather,
and hosiery is dull.
Sales of woods at the different markets are
not per cent. below thoee of last year thus
far.
Boston reports a closer money market and
satisfactory trade. At Philadelphia money
is In fair demand, though there are COM
plants IN the trade of slow collections.
At Chicago some increase is seen in the 70
ceipts of corn, oats and cheese; an eighth in
cattle, a third IN wool, and wheat receipts
are ave times and rye receipts eight times
last years. but a decrease appears of half in
lard, Q third in cured meats, and q fifth in
barley. At ST. Louis trade in manufactures
are active and money close. At Minneapolis
and st. Paul business is good, and at Kansas
City and Denver improvement is seen.
In spite of several more circulars advising
clined about cent. Corn advanced cents
and oats ~ cent. Pork products have
changed but q trifle and coffee and oil little |
lower.
Imports Of merchandise, though smaller |
than q year ago, when the movement was OK |
ceptional, are quite large and the exports |
from New York for the past two weeks were
nearly equal to those of last year.
Railroad earnings exceed last years as do |
exchanges ut the various clearing houses out
side of New York, though but slightly, and
there are as yet no symptoms Of the artificial
pressure which some have appre-
hended.
Business failures occurring the past week
numbers go, compared with IA the previ-
ous week. For the corresponding week last
year the failures were 1877.