The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1892-07-23
THE BUSINESS OUTLOOK.

Trade Generally Ina Fairly Encouraging
Condition Throughout the Country. Ac.
cordinC to n. g. Dun & Cos Weekly
Review-The Crop Report More Favora.
bic than Expected-MoneY In Good sup.
plr for All Current Needs - Busines.
Failures, Etc.
NEW YORK. July 16.-R. G.. Dun &
Co.'S weekly review of trade siys:
In all directions the business outlook Is
fairly encouraging. The crop report is much
more favorable than was expected. The great
labor controversies do not affect business I'M
favorably but help 1t for the present, and there
Is now small prospects of any legislation by
congress that is expected to disturb business in
any department Crop reports promise re-
suits not equal to last yelr's which would b.
disastrous. but beyond expectations. With
the decrease Of only Q pr cent the wheat
yield would be far beyond the quantity con-
sumed and exported in any year except the
last. and nearly equal to last years consump-
tion AMI exports The price dr. spped below
81 cents, hut has since b,ea stronger Western
receipts are l.s00,0OO bushels in three days. and
exports 71l.0Oo in the same time: but the guam
tity carried over from last year is about 80 0O0-
uO bushels. Corn acreag, shows a decrease OF
~ per cent, and in condition III per cent,
hut since July l, copious rains have greatly
improved the prospect, and the price. has
dropped 1878 cents during the week Oats
have also declined cents, while hog products
are stronger, pork % per cent above, and
coffee and oil'unchsnged. The cotton report
shows condition only per cent. bslow last
year. and on any estimate OF acreag, tn, yieh,
with the surplus still in sight, will meet all the
demands. Prices for the past week have not
changed, though sales have be IN 6ls 900 bales
Boston reports good trade. with boots and
shoes particularly active, and many demands
for quick delivery. Leather is firm and higher
and factories are busy. Trade in dry goods is
increasing with numerous western orders, and
manufacturers are operating freely in wool,
sales being $50 pounds. Al Philadelphia
there are more inquiries for manufactured iron
Wool is firm, with manufacturers anticipating
a heavy output Of goods. At Baltimore ex-
ports OF cattle are large AMI manufacturers
make favotable reports, the packers especially
realizing largo profits. Window glass is fairly
active at Pittsburgh. but the iron mills gen.
orally are closed. Some improvement is see n
IN groceries at Cincinnati, and at Cleveland dry
goods, hardware, groceries. clothing and
cloaks are active and trade is fair in other
lines. Business is good for the season at De-
troit with crop prospects favorable. At Chi
cago business is larger than a year ago in dry
goods, as large in clothing AMI shoes, and col
lections are better, while crop pros
poets are excellent, and business in
creasing. Decided improvement Is seen
at Milwaukee, and trade Is good, with
fne crop prospects at St Paul. At Omaha in
nll lines trade is larger than year ago. Busi-
ness is strong at st. Louis. At Kansas City.
receipts OF cattle and grain are good, and trade
is satisfactory for the season there and at Dem
yer. AT Louisville trade is fairly satisfactory.
but not much improved at Memphis. quiet at
and at Atlanta good. consid er-
ing the unfavorable weather, which has done
some damage to crops At Savannah trade
holds on well and money is easy. At New Or
leans business Is seasouably quiet, and better
than last year. with some improvement in the
iemani for money. Tho output of pig iron
July !, was l69,i5l tons weekly, against III Ills
a year ago. and the stoppage Of many works
has lessened consumption still mora, so that
reported stocks unSold largely increased in
June, exceeding l.0O0,WO tons Pig iron has
been weak ut the recent reduction in prices.
The closing OF many mills has greatly in
creased the immediate demand for finished
products. and prices are stronger. though con-
tracts for future delivery are at old prices, and
Tor beams the lowest ever quoted. Copper is
weak at lll4 cents. tin lower by three fourth
,ent on speculative liquidation, AMI lead
Is cents. Wool is quite active with prices
unchanged. manufacturers buying freely,
The sales for the year at Boston, Phila-
lelphia and New York, being 1.GD.0O0 pounds
against 1884, 40 last year. Business is active
in dry goods for the season, clothisrs being
'orced to pay advances on fall goods. while nc
change in prices but active trade is seen in
spring goods. CottOns are strong, low grade
brown and bleached goods being scarce and
higher, and print cloths 3as cents for sixty
'ours. Boot and shoe shipments from the east
continue much beyond last years. Money mar
sets are abundantly supplied, though the treas
nry has taken in much more than II has paid
out. Banks have been refusing certificates to
gold exporters and redemption of notes has
drawn coin from the treasury, which neverthe-
ess holds as much gold as week ago. The
stock market has been inactive. with scarcely
any changes in prices for the week.
The business failures occurring throughout
the country during the last seven davs. number
Tor the United States. l6s. and for Canada - OF
I total Of 1870: AZ compared with l16 last
week and 10. the week previous to the last
md 2f7 for the corresponding week Of last year