Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1891-08-15
Dun's Weekly Review.


weekly review of trade says:
While business in many lines is disap
pointing, a feeling of confidence distinctl.
increases. The belief increases that tn
country will be able to sell such vast quaint
ties of grain abroad and to draw upon for
eign supplies of capital that all home indus
tries will be greatly stimulated.
Monetary difficulties are still in the future
for though at some southern points the mar
kets are tight, the supplies at western cen.
tiers are adequate for legitimate business
and mere speculation gets less help thar
usual.
Tho depression in some of the great indus
tries continues and is real, but may be traced
to causes obviously not permanent.
The wool manufacture is distinctly improv-
ing. In mems wear goods there is more en-
couragement, and many western buyers here
have received from home advices that the
goods are selling more freely.
In dress goods a fair commission business
Is seen. domestic products Largely taking the
place of foreign.
Reports from several cities reflect growing
confidence in the future. At boston, trade
in merchandise increases and is very good
for boots and shoes; western and southern
reports are quite favorable, with active trade
in wool and better in goods.
A close money market causes some embar-
rassment.
At Philadelphia, in most trades there is
much complaint of slow collections; at Pitts
burg manufactured iron is fairly active and
the glass trade is good, but collections are
slow; Chicago feels the effect of the great
crops distinctly, wheat receipts being seven
fold of last years; rye FIVE fold; barley, two
fold; wool, nearly double; and in corn, beef,
hides and butter some increase is had.
Sales of clothing and shoes are larger than
ever before at this season, and in all lines
collections are satisfactory.
At other western points the crop prospects
are almost everywhere mentioned as unsur-
passed, and at st. LOUIS the demand for
money for the interior grows more prosy,
and commercial borrowers are held closely
to their needs. At Minneapolis and st. Paul,
Omaha and Kansas City, trade is generally
good, while at Memphis and Savannah re-
ports of trade are less favorable and at Jack
sonville business IS dull.
Unfavorabie weather strengthened cotton
at New Orleans and the demand for sugar is
good.
Wheat has fallen q of cent in spite of
exports greatly exceeding last years, and the
enormous western receipts makes the con-
stantly repeated assertions that the alliance
could hold back the wheat appear ridiculous.
Western estimates, not usually extreme, now
allow from 5S5, OOO, 600 bushels upward for
the crop, while even more moderate eastern
estimates make 20O, 000, 900 bushels for ex-
port.
Corn is ~ cents lower; pork products
fraction lower; coffee e of a cent lower.
Financial prospects have changed, and
though money on call is cheap, commercial
loans are made with caution. Large failures
have occurred, but none threaten financial
disturbance. The tone abroad is less strained
and the Bank of France gained gold largely.
but pressure In Europe must result If the
needs for breadstuffs are as large As is sup
posed.
Imports of merchandise in New York in
July are fully 10 per cent. below last year,
while the exports are largely increased.
The demand for money to move crops be-
gins to be felt by many banks.
The business failures occurring throughour
the country during the past week num-
Der 231, as compared with total of M7
last week. For the corresponding week of
last year they were 208.