The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1891-08-01

New YORK, July 31-R. @. Dun &
Co. S weekly review of trade says:
Business is dragging and dull IN
commercial circles there seems to be very
general and growing confidence that the
business of the fall will be large and profit
able. and some improvement is seen, but
not enough as yet TO Justify sangulne
views Trade all over the south is pecul-
iarly depressed. because there is too much
Gotten Again, in parts of the west where
crops failed last year trade has not yet re-
covered from the great depression result
ing, and as long as the corn crop IS in
doubt complete recovery IS not to be eX-
pected. In several states legislation hostile
TO capital causes much disturbance. A
further collapse of real estate speculation
in many parts of the west and south has
brought severe losses and embarrassment
TO many.
Eat the east monetary concerns have
powerful influence The crop failure in
Russia will only help this country in the
end. There is growing doubt whether
the movement of crops here will not
cause a temporary drain on the eastern
money market; but if the grain can be
sold, the gold Will come. One large
financial institution has bought English
consols to a considerable amount, and
leading trust company is said to have
81 00O 600 worth. Though no gold has
the west and south is felt here and at
Boston. Money is close at Buffalo and
Cleveland, in active demand at Chicago,
Cincinnati and Detroit; firmer at to s per
cent. at st. Louis; in good supply for legit
innate business at Milwaukee; close at
Omaha, Nashville and Atlanta; tight at
Jacksonville, but easier at Savannah and
in fair supply at New Orleans.
Business at Boston has further i'm
proved. Philadelphia notes more frequent
orders for wool and woolens and an inn
provement in the tobacco trade, and while
money is freely loaned ,on call, time loans
are almost impossible to make. At Hart
ford and Buffalo trade is quiet; at Pitts
burg business is rather slow; at Cleveland
fairly good for the season, and at Cincin-
natl somewhat more active. Chicago re-
ports receipts of wheat seven times last
years; of rye, cured meats, lard and wool
double last years; of dressed beef one
third larger, with some increase in cheese
and butter Dry goods sales are slightly
larger, and good orders are seen for cloth
ing and shoes. At Omaha trade is fair.
Throughout the northwest the prospect of
crops is exceedingly good, but at Kansas
City it is said that wet weather inter
feres with harvesting. The distribution
of goods is on large fscale at St Louis,
but st southern points business is duller
1.-THE great industries show no impOr-
IHuI CnduBt LOT the week. JDOuRU IL must
be said the disheartenment' iu the wool
en- goods trade seems to increase, and it is
admitted that sales are not equal to last
years. though trade was dragging then
Much Of the trouble is attributed to ex-
cesSive credits in the clothing trade. The
coal trade is still depressed by excessive
production, the output exceeding last
years TO date by 2, ,700, 600 tons Copper is
still depressed by the apathy Of home con-
sumption, and there is very little trade in
lead; speculation has lifted and again de-
pressed the price of tin. The market for
breadstuffs has been strenthened by re
ports of injury to the crops in Russia, and
wheat has risen l = cents and corn 4
cent The price OF oil has fallen over s
cents for the week, but pork products are
a shade stronger
The business failures occurring
throughout the country during the last
seven days number 2i7, as compared with
"A total of 254 last week For the corre-
spending week last year the figures were
lS9u