The star. (Reynoldsville, Pa.) 1892-1946, 1892-08-17
A REVIEW OF TRADE.
CROP REPORTS NOT FLArrER1No.
Business Generally Reported in Good
Condition.


II. q. Dun h Co.'S weekly review OF trade
says Crop reports are not quite up to expec.
tations, and are construed as indicating n
deficient supply of corn and oats while any
possible deficiency in wheat and cotton will
be more than met by surplus stocks. But
prices have advanced quite sharply and ex.
ports of domestic products fall below last
years. The great industries are all doing
remarkably well excepting the iron manu-
facture.
The iron output August lst was 1856. 1876
tons weekly, against l69, i5l July 1st, and
i69,576 year ago, but the stocks unsold
nevertheless increased IL, 900 tons during the
month of July, and on the first of August ex-
ceeded million tons. Southern pig iron is
pressed for sale and some quotations nrc
lower than ever. But the resumption OF
manufacture by Western iron works, which
have settled their controversies with the men,
will make a great change in the situation
at once, increasing the output of pig iron,
but probably the demand will be greater.
Manufactured iron and steel have been in
very active demand, nearly all the works
in operation being crowded with orders.
But steel rails are dull as ever and while
only 100000 tons have been sold for the
year thus far, the orders on hand will
hardly carry eastern mills beyond Septem-
Der i5. Copper is weak at llsc and lead at
&c but speculation advanced tin to 2l.i5c
and depressed IL to 20.i5. There is no
market worth mentioning for coal, but in
the textile industries the utmost activity
prevails. Manufacturers are buying wool
freely Boot and shoe factories are still
pressed to the utmost.
The particular feature Of the week has
been the rise in breadstuiTs, &c in corn and
&c in oats. while wheat declined &c with
sales of only l3000,OOO bushels. Western
receipts were 4, $50, OO1 bushels in four days,
and Atlantic exports 100000 bushels. Pork
advanced 75c per barrel but lard declined
&c.
Oil rose Sc and coffee lc, but cotton fell
&c, though exports are larger than year
APO, Us reports grow more favorable. II
should not be forgotten that II exports OF
products, which for two weeks have been I D
per cent lower at New York than last year,
should be restricted by advances in price the
outflow of gold would be likely to continue
nnd before long to affect speculative markets.
Imports continue extraordinarily large at
New York for five weeks 80 per cent greater
than last year. and such q movement would
ensure further gold exports unless other
conditions change.
Boston reports money stronger with in
creased demand. Trade in dry goods is ren.
derei larger than usual by liberal western
orders, particularly in women's dress goods.
At Cincinnati manufacturers of womens
shoes report a very prosperous season with
trade 10 per cent. greater than last year and
at Cleveland business is fairly active in all
principal lines Chicago reports sales great
er than year ago, and receipts of hides,
oats and barley shows some increase of flour
and cured meats 80 per cent; and of lard Il
three fold increase, while some decrease ap-
pears in wool, cattle and rye, third in
wheat and corn and 80 per cent in dress
ed beef Collections are satisfactory
there and throughout the West.
Al st. Paul threshing reports promise an
average yield, and at Minneapolis business
is excellent in all lines, especially in lum.
ber. Trade is very heavy at Omaha and
collections never better improving at Kan
sas City; with money in better demand, and
very good at Denver. At st. Louis trade is
Of fair volume, labor troubles have been
settled and collections are more prompt than
usual. Southern reports show general inn
provement in trade at Little Rock at Mem
phis, at Montgomery and at New Orleans,
bnt at Galveston collections are SLOW and
at Savannah money is reported tight.
The business failures occurring through
out the country during the last seven days
numbered 1S9 as compared with totals of
1Si last week. For the corresponding week
of last year the figures were 227.