The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-05-21
Dun co.'s WEEKLY REVIEW
Crop Predictions by a New York Trade
Reporter that Make One Smile.
Sitting 1000 Miles from the Nearest FloodeA
District He Assumes that There ls Nothing
10 Warrant Any Apprehension.

NEW YORK, May OR. G.. Dun 81 Co.'S
weekly review of trade says: The great
floods at the West. unprecedented at some
points. and prolonged rains extending over
the whole Mississippi valley, have serious
ly interrupted trade. Yet there is nothing
to warrant apprehension that the crops
will be deficient or that trade for the year
will fall below expectations. In all quar-.
ters q confident spirit prevails, and even
at the South business is said to. be rels-
lively less embarrassed than of late
Money is every where In large supply and
light demand. At Boston trade is more
active. particularly in boots and shoes and
rubber goods. and In dry goods 10
excellent. Philadelphia notes fair trade
in dry goods, excellent except with
the South. more activity in wool. and espe-
cially IN worsted grades. and larger traffic
in iron, though at low prices. More en-.
couregement is seen in glass, and q slight
improvement in some groceries. The care
~penters' strike at Baltimore has lost force.
and retail trade is good. Iron 10 wes xer i
Pittsburg. but there is fair demandfo for fin
ished products, especially for hardware,
and improving trade IN glass. Trade 10
fairly good IN Cleveland. equal TO last
ycht > NJ oCtAOth olth Ol0Oio ~
ahead for cars and railroad supplies, and
eigar-makers at Cincinnati are busy, doing
more than last year, while pork-packing 10
heavy, the demand exceeding the supply.
Trade at Chicago equals last years. and
prospects are considered bright in spite of
floods. Receipts of wheat, cured meats and
lard are somewhat larger than year ago; or
hogs. 20 per cent. larger; addressed beef. % per
cent; of cattle and Hour, % per cent, and
of barley, three-fold. Receipts of cheese
and butter have increased n little, and
hides and corn one-half. Milwaukee re-
ports crops suffering. Business at Mime
apolis and ST. Paul is greatly retarded by
bad weather, and ct st. Louis much de-
pressed by the floods In the great rivers.
though otherwise strong. Kansas City
trade Is likewise depressed, but cattle re-
ceiDts are heavy. and at Omaha trade 10
very good in groceries and hard ware. and
improving in dry goods and shoes. I'M
proVement Is also seen at Denver In spite
of the weather. At Little Rock trade 10
pa.alyzed by floods, at Louisville fair In
improved. and az Nashville dull.
AT New Orleans trade Is fair. with
cotton In better demand and frmer. and ct
Savannah prospects are favorable. Bread
! stufts have advanced, storms giving epecu-
lators their chance. Wheat receipts have
been checked, exports continue heavy and
the price has advanced lac for May. Corn
receipts are also reduced, and the price has
advanced 1Rc. while oats have risen lao
without visible cause. Pork 10 Soc higher,
but lard and hogs a shade lower. Coffee
has advanced lac. with sales of $4,000 bags.
The injury TO cotton IN Southern valleye
has less TO do with the advance of 1-16c in
price than the covering of speculative
sales. With dealings of AIS. 600 bales fiuct-
nations have been small. The great in
dustries are fully as active as usual at this
season. Cotton. perhaps. fares best. New
wool begins to come forward. and
is promptly taken. with slight adj
vances. Sales at the chief markets sg-
gregate, 100000 pounds for the week. and
since Jan. / are 90, 0O0,O 600 pounds. or 10 per
cent. greater than last year. The iron
business is distinctly more active, with
larger transactions in all grades. though
| prices do not improve at all. There is still
some pressure TO sell inferior grades Of pig.
but the better brands are strong. consump-
ton gaining upon the supply and stocks
diminishing. No improvement is seen in
bar or plate iron. but there is more life IN
structural iron, and many considerable
orders have been placed. Rails are stag
PANT. Rubber goods are in large demand
and the works well employed. The de-
mand for boots and shoes has much in
| creased since the tanners resolved to lessen
their output. and leather is stronger. while
| hides are dull.
The business failures occurring through
out the country during the last seven days
number 192, as compared with totals Of 175
last week and 200 the week previous. For
the corresponding week of last year tho
figures were Pa.