Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1891-05-02
Dun,a Rexlsu Of Trah..


NEW YORK, April 27.-R. G.. Dun A.
Co.'s Week. Review OF Trade saws:
But for speculation this would have
been comparatively dull week. Sales
OF ll2,OOO bushels OF wheat in this mar
ket and $50, 900 bales OF cotton and q
242,OOO shares OF stock have supplied q
certain activity, though not OF the most
wholesome kind. In the interior busi-
ness has been somewhat improved but
many causes combine TO prevent great
activity. Prominent among these is
the reaction from excessive real estate
speculation and building which have
prevailed for years in some quarters:
thus at Philadelphia depression is ex-
planned by the fact that 10000 new
houses have been added in eight years.
The strikes In building trades tend to
cause dizziness where activity had been
expected and the threatened strike of
coal miners In several states Also
retards operations. But on the whole
the volume OF business is large for this
season in amount OF bank exchanges.
close up to that Of corresponding week
last year, and east bound shipments
from Chicago for three weeks have been
zoo, no tons against 80, $50 for the same
weeks ofil890. The symptoms are those
OF waiting rather than reaction.
At Chicago wool shipments gain a
third over last year and wheat receipts
are larger, but o decrease appears in
flour, corn meal, lard and hides. Dry
goods sales equal last year for the same
week, and sales OF clothing and shoes
show increase. The grip retards trade
ut Milwaukee, but further improve
ment Is seen ut st. Louis. Trade Is fair
ut Kansas City and Omaha and better
at Denver.
The money markets are generally I'M
disturbed and comparatively easy. Col
lections improve slowly. The treasury
continues to pay out more than it takes
in, though but little this week, the net
addition to the circulation being about
$500, 900. There are renewed signs OF
foreign selling Of securities on the re-
cent rise it is not to be expected that
large exports in tie summer can be
prevented unless breadstuffs so decline
as to permit free movement prior to
June. .
Wheat has risen 30 cents with enor.
nous speculative transactions and has
been even higher, the markets OF late
showing heavy realizing. Yet exports
from Atlantic ports continue far be.
low those OF year ago, al.
though the quantity available for
export after supplying all domestic de.
mands for the crop year. is still over
100000 bushels. Belief in short
European crops next fall is the chief ex-
cuse given for the speculative advance,
but it is too early to decide what crops
other countries will have for months
hence.
Corn has declined a quarter, but oats
are half cent higher.
The continued great receipts of cot
ton have depressed the price sixteenth
and oil is cents lower, but coffee is an
eighth higher.
The offerings OF European refined
sugar seem to have called American re-
fineries to order very quickly and with, /.
out any change in the price OF raw SUI
gar, refined has dropped from quarterF
to half cent.
The change in average prices OF a
has been but slight
vance for the week, in spite of the 4
in wheat for manufactured products
tend lower on the whole.
Heavy liquidations put tin down to
19i cents, and lead to $4.l5, and lard i'm.
portations cause tin plates to be offered
at some decline.
The coal trade does not improve,
though agents have fixed upon $780,,
900 tons as the output for May. The
Lehigh ignored the decision in the Cox
~ 81. -,
minous mines affect the prospect.
The business failures occurring
throughout the country during the last
seven days number 205 as compared
with total OF 25l last week. For the
corresponding week last year the fig
ures were 2lS.