Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1891-06-25
The Prospeets RrIgnten Up.


NEW YoRK. June Or. g. Dun & Co.'s
weekly review of trade says:
While crop reports continue remarkably
favorable, the volume of business at present
transacted is not as large as it has been in
other years at this time. This is in part be-
cause of the exceptionally hot weather at
many points, inducing something like mid
summer dizziness, but the more important
cause undoubtedly is that trade in many
branches has been waiting for the certainty
of improvement and definite orders before
taking new risks. There is also some hesita-
ton owing to recent failures, particularly IN
Philadelphia. Credits have been more eau
tiously given in the wooden and boot and
rhoe trades, and this lessened the volume OF
transactions, hence it is encouraging to find
there is an actual improvement IN the de-
mand for consumption IN several of the more
important trades, and that manufacturers
already begin to feel the effects.
At Boston more disposition to buy IS man
ifested in the leather trade, and steady or
ders for boots and shoes give encouragement
At Philadelphia the wool trade Is waiting
holders asking more than buyers wish 70
give, but the leather trade is healthy, with
better prospects. PIttsburg notes better
demand for manufactured iron, and Cleve-
land more demand for pig.
At Cincinnati trade is picking up and at
Detroit it is increasing in some lines. Chi
cago notes wool receipts double last years,
with an increase of One-half IN wheat and
dressed beef, a moderate increase IN hides,
but a decrease in -four, corn and lard. Sales
of dry goods and shoes continue To. exceed
last years. At st. Louis the general aggre-
gate of trade ia less than year ago, though
fair in volume. 1t Is important that All
northwestern and southwestern reports men
ton rain and brighter crop prospects. Crop
prospects strengthen confidence at Kansas
City. Business Is improved at Louisville,
Montgomery, New Orleans, but at other
ID ST. khaa
Reports from all quarters indicate little
complaint as to collections. Regarding
money, they show almost everywhere an
ample supply for Legitimate, safe business,
but it is frequently mentioned that there IS
no supply for specializing, and at st. Louis
the market is sitter at and per cent,
Kanass City firm at to 10. Detroit strong at
q, rather stringent at Cleveland, close az
Nashville, in good demand with firm rates at
New Orleans. From all other points reports
indicate comparative ease.
1t is another hopeful indication that the
demand for manufactured iron and steel I'M
proves.
The wool market at New York shows i'm
| provement and larger demand by manu-
| facturers. In wooden goods there is'a large
volume of business, and orders show that {
| distinct gain in the consuming demand Ii
! felt. Orders for foreign goods are said Il
| be so per cent. less than year ago, but do
nestle trade gains.
| In hides larger receipts Mt the west have
broken the com DinatiOn to lift prices, anc
butts, after rising from 3szc to &c in March
/ sell at sac.
Coal very dull; copper and lead unchanged
| tin shade lower.
Speculation in breadstuffs has been NOR,
| active and wheat l cent higher, in spite o
the prospect that the yield will be large
| than ever known; corn, weak and lower
oats, Al cents lower. Cotton has fallen BIZ
| in price, the lowest since 1874, the receipts
/ continuing heavy.
Coffee is = lower and oil II cents lower
/ pork products a shade stronger.
The business failures during the past weel
/ number 253, compared with total of pa th'
week before and 1873 tn corresponding weel
i last year.