The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-09-24
DUN &C0.'S WEEKLY REVIEW
Poor and Oppressed Coal Men Are Not
Satisfied with Last Weeks Sales.
Speculation Charged with Having Knocked q
Few Cents Of the Prices of Grain and
PrOyiSiOns-Dry- Goods Business Better.

NEW YORK, Sept Or. G. Dun & Co.'s
cholera has vanished, and business in every
direction shows the Improvement that was
expected. The South Is q little dull be-
cause cotton Is low in price and late. but q
little Improvement has been seen during
the past week. In o few quarters at the
West farmers are holding back wheat for
higher prices, so that collections are re-
tarded. But the general tenor of advices
is favorable. Tho volume of business con-
tinues larger than a year ago. Collections
are exceptionally good on the whole. and,
although money Is IN active and increasing
demand at nearly all points. the
supply Is ample for all legiti-
mate needs. Gold exports have
ceased. foreign exchange has declined.
and the money market is at present with
out disturbing features. Speculation Is
not on the whole active enough 20 have q
disturbing influence. Wheat has recovered
1asc. but sales here have been only 5000. 900
bushels. Western receipts in four days
ports from Atlantic ports have been g5S. 600
bushels Foreign advices no longer
promise ar unusual demand. Corn has
declined gao, and pats &C. Speculation IN
reaching 10000 bales. and the
price has been advanced 316c by
the covering of shorts. Pork products are
q shade stron ger, but oil 10 ec lower; and
In coffee ejaculation has advanced the
price 14c.
Business at Boston Is sound and large in
volume. Improvement is seen in groceries
in Philadelphia. Trade is improving in
paints. oils and glass. At Baltimore bust
ness is satisfactory. but quiet In the South.
With Pittsburg trade is satisfactory and
gradually increasing. AT Cincinnati the
wholesale jewelry trade reports sales IN
August 30 per cent. greater than last > ear.
Business at Cleveland is in improving in near.
ly all departments, especially In rolled
products and lumber, which has advanced
80 TO So per thousand. At Detroit business
10 increasing In dry goods. drugs aud shoes.
General trade at Chicago exceeds last
good prospects. At st. Louis trade
increases with large distribution of
goods, o free movement 'of grain and
country buyers In larger numbers than
usual. Business Is healthy at Milwaukee,,
very active at Omaha. and shows a marked
increase at st. Paul. At Denver. trade 10
very satisfactory, bnt no Improvement 10
seen at Salt Lake. Receipts of cattle and
wheat are heavy at Kansas City. Az
Memphis trade is improving, and It New
Orleans cotton is in better demand and
sugar strong and active. Pig iron Is iirmer.
some Alabama furnaces advancing the
price Is cents. but bar iron is slightly
easier, some slackenlng 10 seen In plates,
and. on the whole. prospects for finished
products are not quite so favorable. Large
sales of copper at 1l4c are reported and
lead is slack at lilo, with tin steady at
&c. lie.
Coal 10 active in retail trade. Actual
sales In August by the Lehigh Valley aver
aged "a per cent. below the schedule. In
wool increasing activity 10 seen, sales faf
exceeding last years. and carpet woods ara
especially firm and scarce. Foreign ex-
change has suddenly broken down to S4.S6A.
and money here has declined from 4 TO ga
per cent. while al London the rate 10 yellow
/ per cent. Merchandise Exports from New
York for three weeks show n decline of p
per cent. from last year. But stocks have
been stronger. advancing, on the average,
about 81 per share during the week. with
some Indications that foreign investors are
buying in moderate amount
The business failures occurring through
ont the country during the last seve en- days
N Der 211, as compared with totals of lS2
last week. For the corresponding week OF
last year the figures were ~