The Iola register., 1891-05-01
Dun's Review of Trade,

NEW YORK, April 2.-R. G. Dun
Co.'S Week. Review of Trade says:
But for speculation this would have
been a comparatively dull week. Sale:
of $4,000 bushels OF wheat in this mar.
ket and $50, 900 bales of cotton and 2.
242, 900 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 dullness 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 CORES sponding week
last year, and east bound shipments
| from Chicago for three weeks have been
200, IlO tons against 23I, $50 for the same
weeks of 1890. The symptoms are those
of waiting rather than reaction.
At Chicago wool shipments gain q
third over last year and wheat receipts
are larger, but 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
at Milwaukee, but further improve
ment is seen at st. Louis. Trade is fair
at 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
SSOO,O0O There are renewed signs of
foreign selling Of securities on the re-
cent rise 1t is not to be expected that
large exports in the summer can be
prevented unless breadstuffS so decline
as to permit free movement prior to
June.
Wheat has risen 3f 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 a year ago, al
though the quantity available for
export after supplying all domestic de-
mands for the crop year. is still over
40, 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 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-
tineries to order very quickly and with
out any change in the price OF raw su-
gar, refined has dropped from a quarter
to half cent.
The change in average prices of all
has been but a slight ad-
vance for the week, in spite of the rise
n wheat for manufactured products |
END lower on the whole.
heavy nquldatlons put tin down to |
I94 cents, and lead TO S4.15 and lard i'm
cause tin plates to be offered |
1t some decline.
The coal trade does not improve,
,hOugh agents have fixed upon >, 2,5OO,-
100 tons as the output for May. The !
1enigh ignored the decision in the Cox
'ase, but the threats of strikes in btu
ninous mines affect the prospect.
The business failures occurring
throughout the country during the last
even days number 205 as compared
With a total of 25l last week. For the
week last year the fig
lreS were 2lS.