The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-02-06
DUN&CO.'s WEEKLY REVIEW
The West Believed to BE About Ready
to Start a String of Buying Orders
The Only Good Thing in Sight in Almost ALI
Branches Of Business Is the Ever Bouyant
Hope for Better Times Coming.

NEW YORK. Feb. 5.-R. G. Dun g. Co.'S
In spite of much dullness and complaint III
some important branches. trade 10 gradual
~ enIarging. The East does not get the
full benefit, because Western business 10
largely met by Western distributing centers,
and that alone is increasing heavily, while
Southern trade. which is more largely met
by distribution from the East, in unusual
~ dull. But the West is steadily increas-
ing orders for manufactured products. and
is likely 10 buy more largely In the nexr
five months than ever before. Eastern
consumption is also fairly up TO the maxi
mum, as labor is well employed. The
stringency at the South. owing TO the over.
production of cotton and hprtful s~pecula-
ton In the past. is. at present. the only
force retarding the general improvements
Exports of merchandise continue to greatly
exceed last years for five months at New
York by about So per cent. while In tho
value of imports the increase is very slight
Reports of business from cities are o shade
moro favorable.
At Boston the dry goods jobbing trade
is quite good, with more orders for wooden
goods. At Hartford larger sales of wool
hIlu lalI traue IN ufy eOOue are reported.
AT Philadelphia more orders ere seen for
manufactured iron and increased business
in dry goods. At Cincinnati business 10
active at good prices; dry-goods orders are
brisk and building prospects flattering.
Cleveland reports improved rad with
rolled PRODUCTS in large demand. Detroit
reports January trade fully up 90 last
years. At Chicago sales of merchandise
show a fair increase over last year and coli
lections are satisfactory. Receipts of flour.
Data rye haTlHv- lQTd and Ch8e<0
show some increase. while wheat and
corn have doubled, and receipts Of
dressed beef are four times last years, but
some decrease appeared in cured meats,
tards collections at Milwaukee,. but trade
Is fair. At 81. Louis business Is not quite
as strong. distribution being checked in
the cotton region. At KansasC City, Denver
and Omaha trade 10 fair. with good pros
poets. AT st. Paul the spring jobbing trade
opens well. and at Minneapolis largely ex-
ceeds that OF last year. At New Orleans
business is somewhat dull, cotton being
lower. with heavy receipts, but sugar 10
firm and rice In fair demand. At Savan-
nah business is better and none easier.
Speculation in products has been more act
i've. but. in spite of the abundance OF
er. Wheat fell TO $3.50 here, bus
recovered over 10, and. after sales of 3D.
100000 bushels, 10 1c lower than q week
ago. Western receipts diminish. but ex-
ports uimlu1SQ etl1l more. OOfn clOseu only
lsc higher after sales of Is, 10000 bushels.
and oats sc higher, but pork products are
q shade lower. Cotton Is 1-16c lower for
spot, and February has sold below 20. Re-
celpts continue enormous. Oil has fallen
&c, but coffee is a fraction stronger. In
lead trade is moderate. and in tin tame
without change. Copper Is weaker; lake
at 10&c. Silver has also fallen TO about
the lowest price ever quoted. 4l.56d per
ounce. recovering slightly Co Lied.
The great industries make progress IN
spite of low prices and n production which
seems 20 threaten % reaction. Pig-iron
shows q little concession st Philadelphia
and some shading here by Southern con-
Germs. Bar is as dull as ever, with q
light demand for plates. Structural iron
is unsettled by the collapse of a steel-beam
combination, and the price has fallen TO
2l9c. But the coming expenditures by the
great railroads promise an unusual demand.
tional furnaces. At the higher prices de-
manded by agents coal Is exceedingly dull.
The boot and shoe business Is getting better,
with more orders. but in some cases prices
are shaded a little. More activity is seen
in dry goods. and q large number of West
ern buyers are doing n fair business. Tn
demand for spring goods is growing. but
clothiers are still in the dark. Cottons are
Affected by the poor Southern trade. but
pficeS,Bf some prints and sheetings q
beef advanced. and orders for knit goods
are fully as large as q year ago.
The business failures occurring through-
ont the country during the last seven days
number $40, as compared with 297 last week.
For the corresponding week of last year
the figures were 306.