The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1892-01-01
DUN'S REVIEW.
An Optimistic View Of the Commercial
Outlook

NEW YORK, Dec 31-R. G.. Dun & Co. s
Weekly Review of Trade says:
The old year closed with littl9 more
than the usual holiday dullDess in general
trade: but reports as TO the volume of the
holiday trade are mainly satisfactory. At
Chicago it was the heaviest ever known.
At St Louis it was unusually large, but
at Philadelphia and New Orleans not
quite up to expectations, and at Little
Rock unsatisfactory. Quiet in other trade
at this season is not n bad sign. and in
nearly all reports it is added that the pros
poets for the coming year are considered
unusually bright. The exceptions are to
be found at the south, where the unusually
low price of cotton and the accumulation
of extraordinary stocks cause depression
in trade and stringency in the money mar
kets: but at New Orleans the money mar
ket is easier, though still there is a strong
demand there and at Richmond and Sa-
vannah.
"At Chicago the receipts of wheat doub-
led in comparison with the same week
last year; and in corr, rye, dressed beef
and wool the increase Is d tuIrd, with some
increase in cattle and flour; but decrease
of a third in hides and a quarter In oats,
Sales of general merchandise much exceed
last years. At Omaha and Kansas City
the car famine restricts the movement of
products At St Louis the mild weather
mas q Dau eueCD on GTAue III NOOLeAS.
heavy clothing and rubbers.
The west has been peculiarly favored
by the enormous foreign demand tor the
crops, which would otherwise be de-
pressed. because the largest ever known,
Wheat comes forward as rapidly as the
crowded condition of the railroads viii
permit, aud exports though reduced last
week are very large again this week. aud
for the six months exceeded l2O OOU 900
hnS
greatest movement ever known in the
last half of any previous year was liz, ,000,
600 bushels in 1879 The price of wheat
declined nearly / cent during last week.
corn 2i5 cents and oats of cent, but
the prices are highly satisfactory TO west
ern farmers. Pork products are a shade
lower, coffee nearly a cent lower, oil = OF
a cent lower. and the prices OF all COM
mOdities average more than half Of one
per cent lower for the week.
The money markets continue well sup
piled and undisturbed. Foreign trade
continued exceedingly favorable; for while
the increase of imports at New York dur
ing the past month has been only IL per
cent, the increase in exports here has
been over $40, rs. 600 or about 81 per cent,
which would indicate an excess of exparts
over imports exceeding $40, 000 900 for the
month
The record of receiverships during the
wear includes twenty-siX railroads, with
,, l59 miles in operation and $S4, ,419, 900 in
stocks and bonds. The annual statement
of failures in 1891, just completed, shows
an Increase over last year of $50 in mum
ber, the total in the United States being
l2,215, against 10 901 in 1890; but substan-
italy no increase appears in the amount
of liabilitieS-$lS9 S}S, 63S, against SiSq.-
656@i4 last year-so that the average la
abilities for each failure is reduced from
81, 400 to Sl5,4al for the past Year In the
middle and eastern states the liabilities
decreased largely; but at the south they
have Increased from ST, 001, 900 to S45, ,00O.-
600 in amount, and the proportion To tie
number of firms in business is ! TO 10 in
the south, against l09 in the middle states
and l29 al the west.
The business failures occurring the
past week number S29 compared with .93
for the previous week. For the CORES
pondlng week Of last year the figures were
34S'