The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-09-17
DUN&CO.'SW WEEKLY REVIEW
Trade Goes Right Along NOtwithstand.
ing the Entrance of Cholera.
Wheat Lower at New York than Ever Before
Excepting Once in 1SS4-Big Industries
Said to BE Doing Large Business.

NEW YORK, Sept 16.-R. G. Dun & Cos
weekly review of trade will say: Cholera
has landed and the business of New York
goes on exactly as if it had not. The CALI
ing of stock has not been quite as heavy
and the decline in prices has averaged
about 81 per share for all the active list.
Money is in ample supply and the demand
from the interior Is less than usual at thif
season, but large amount are held out OF
the loan market 10y people who are looking
for exceptional opportunities to buy
cheaply. There has been much talk
about pestilence as an excuse for the Of
prices Of breadstuffs and cotton. but the
fact Is the enormous stocks brought over
from last year afford q sufficient reason foI
exceedingly low prices. Receipts of wheat
at the principal Western ports in four days
of this week rave been 6. Sl6.s S3 bushels.
while the Atlantic exports have been 1,o65.-
635 bushels. and it Is not strange that the
price has declined acc. At 77Asc wheat Is
lower than it ever has been IN New York.
except in two days in 1884. Corn has de-
clined 1lac in sympathy, but IL is also the
fact hat Western advices regarding the
growing crop are more favorable. Oats
rave fallen lac. and lard is a shade weaker.
In cotton there has been heavy selling. and
September options are below &c. though the
price for spot cotton 10 unchanged. Coffee
Is Sc stronger.
At Boston trade in dry goods is large for
September. Woolen-mills are we'll supplied
with orders, and the distribution 10 re-
markably full. Boot and shoe shops are
crowded with orders. At Hartford trade is
satisfactory. AT Philadelphia trade IN dry
mazda n fha voAct QAf,afaafnru fnr manu
years. Wool in fair demand; tobacco I'M
proves, and trade ~ chemicals Is active.
especially In disinfectancs. AT PittsburR
the iron trade improves with increased de-
mand. though Beseemer pig 10 weaker.
NEUTRALITY-SUSPICIOUS. are resuming. Trade
at Cleveland is good In most lines, with
iron in better demand and money act
i've. Retail trade at Cincinnati
fret pht cars exceed capacity for works for
months to come. At Chicago business in
creases and nothing adverse appears. Trade
at Milwaukee is brisk; at Omaha excel
lent. A generous fall trade Is expected at
st. Louis. and Kansas City business is sat-
isfactory. All Western collections are re-
ported very good. At Louisville it 10 i'm
proving. At Nashville fair and Little
Rock satisfactory, while at Montgomery
caution revails and at Galveston Ghe late
cotton crop caused slow collections. Al
New Orleans business Is only fair and
money is In strong demand but cotton
lower. while sugar and rice are active and
strong. The demand for structural iron 10
very encouraging and plate-m,lls are sell
supplied. but quotations are variable and
bar iron is unsettled. Copper is lower
at 114c and TIN at 2l3o IN spite of u
large distribution, but lead is more steady
at 405c. There is q very good demand
for cottons and medium bleached goods are
higher, with browns firm. Carpets are
stronger. Money has been steady at 4 per
cent, while foreign exchange has fallen SO
far that exports of gold are improbable.
The treasury has added 81, 600.0 Oo gold and
5000. 600 silver to itsstOck, while putting out
$500, 600 additional paper. Here, as In all
other parts of the country. the supply OF
money is ample for legitimate needs. and
the shrinkage of speculation 10 helpful as
regards the possibility of monetary pressure
later.
The business failures occurring through
out the country during the last seven days
number lS2. as compared with totals of 179
last week. For the corresponding week Of
last year the figures were 239.