The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1891-06-26
Dun 0 Review.

NEW YORK, June 22.-R. G. Dun &
Cos Weekly Review of Trade. says:
While crop reports continue remark
ably favorable the volume of business at
present transacted is not as large as has
been in other years at this time. This
is, in part, because OF the exceptionally
hot weather at many points, induced
something like midsummer dullness,
but more important cause, undoubt-
eddy, is that trade in many branches
has been waiting for acertainty Of inn
provement and definite orders before
undertaking that risk.
There is also some hesitation, owing
to recent failures, particularly in Phil
adelphia.
Credits have been more cautiously
given in the wooden and boot and shoe
trades, and this has lessened the vol
ume OF transactions. Hence it is en-
couraging to find there is actual i'm
prevent in the demand 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 manifest in the leather trade, and
steady orders for boots and shoes give
encouragement
At Philadelphia the wool trade IS
waiting, holders asking more than buy
ers wish to give, but the leather trade
is healthy with better prospects.
Pittsburg notes better demand for
manufactured iron, and Cleveland more
demand for pig. At Cincinnati trade
is picking up, and at Detroit increased
in some lines. Chicago notes the wool
receipts double last years, with an in
crease of one-half in wheat, dressed
beef and a moderate increase in hides,
but decrease in flour, corn and lard.
Sales of dry goods and shoes continue
to exceed last years.
At st. Louis the general aggregate Of
trade is rather less, than year ago,
though fair in volume.
1t is important that all northwestern
and southwestern reports mention rain
and brighter crop prospects, Crop
prospects strengthen confidence at
Kansas City. Business has improved
at Louisville, Montgomery and New
Orleans. At other southern points
trade is still rather quiet.
Reports from all quarters, indicate
little complaint as to collections; re-
garding money they show almost every
where an ample supply for legitimate
safe business. but it is frequently men,
toned that there is no supply for spec
ulatiOn and at st. Louis the market is
sitter at and 8 per cent, Kansas City
firm at to 10, Detroit strong at :. and
rather stringent at Cleveland, close at
Nashville, in good demand at firm
rates at New Orleans. From all other
points reports. indicate comparative
ease.
1t is another hopeful Indication that
the demands for manufactured iron and
steel improves. Wool market at New
York shows Improvement a d larger
demand by manufacturers, In WOODEN
goods there is large volume of bust
ness and orders show that the gain in
the consuming demand is felt. Orders
for foreign goods are said to be 80 per
cent less than a year ago. but the
domestic trade gains. In hides large
receipts at the west have broken the
combination to lift prices and bluffs,
after raising from 81 to cents in
March sell at SIC.
Coal is very dull: copper and tin unr
changed; tin a shade lower. Speoula-
tions in breadstuffs has peen more &C.
tive and wheat l cent higher in spite Of
the prospect that the yield will be
larger than ever known. Corn is, weak
and lower: oats 4ic lower; cotton has
fallen Lee and the price is the lowest
since 1854 Receipts continue. heavy.
Coffee is quarter lower, and oil lie
lower; pork products are shade
stronger.
Business failures during last week
number 253 compared with a total OF
pa for the week before and 1879 for the
corresponding week last year.