The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-07-30
DUN & CO.'S TRADE REVIEW
Money Said to Be Abundant and Cheap,
with General Collections Good.
Weather Has Eeen Excellent for Growing
Crops Except in few Places Where Storms
Have Wrensht Sad Destruction.

NEW YORK, July OR. G. Dun e. Co.'s
been favorable for the growing crops ex-
cepting in limited districts where damage
has been done by violent storma The crop
outlook is on the whole decidedly improv-
ing. Money has been abundant and cheap.
and collections generally good for the sea-
son, and there are no signs of threatened
disturbance. Finished products Of iron
and steel are stronger. and s. to IS per ton
higher, but greater Generalization is ex.
pected in pig-iron unless more OF
the consuming works start speedily.
Bar and sheet-iron are very active,
and manufacturers of plate and
structural iron have more orders than they
can we'll handle, but no improvement
is seen In rails In woolens there lie q bet
ter demand, and more activity is seen in
purchases of wool, while the cotton-mills
continue to do we'll. Boot and shoe shops
are running full of business and shipments
exceeding last years every week. Busi-
ness at Boston is active. The demand for
leather is steady. Wool is firm and active
with increased demand, and dry goods
moro active. At Baltimore hot weather re-
tards much trade. AT Pittsburg products
window glass is fairly active, but coal dull.
Dry goods have been improved at Cincin-
natl; the crops look better than year ago
At Cleveland trade is active and the whole
production of manufactured iron 10 quickly
absorbed. Trade is quiet at Detroit.
Trade and collections are better than q
year ago at Chicago; even retail trade is
increasing in spite of the weather. Re-
ceipts of wheat. corn and cheese have
fallen of. and rye and dressed beef are be-
low last years. bat some increase is seen in
wool, butter and hogs. There 10 eoin II
Hour and cured meats. Receipts of oats and
lard are double and barley eight times last
years. Business fs prosperous at Mil
YANKEE. mp to the average at st. Paul
with excellent prospects. Minneapolis re-
PORTS Injury by storms In Omaha trade is
active and fairly active at kaneas City.
Little Improvement appears ut Memphis or
Little Rock and trade is dull in New Or
leans. though prospects are brighter there
and at Savannah.
Speculation has been curious1y affected
by the prospects that the Hatch anti-op-
tions bill will fail. and while cotton has
advanced &c with enormous sales OF
TO, 200 bales, and lard and coffee are higher,
and corn a4o higher for early delivery, the
supply being scarce. wheat has fallen $40
with sales of only l50000O0 bushels. aud
oats lac. Western receipts of wheat arc
exports slightly more than last years, but
sales of phantom stocks exceed sales OF
tangible and visible cotton about so to ].
The syndicate is said TO have sold out its
old copper. and the price is stropg
at 114o to 12c. but lead is weak
with some sales at &c, and tn
with quotations at 20.45. Sales of coal are
not dlscoyerable. Money has been ex-
trtmely easy at Ia per cent. and from
nearly all points come reports that the mar
kets are well supplied. The treasury 10
gradually strengthening itself. as il need
full and comparatively easy THE season,
but the fall demand for money may
speedily appear unless gold comes back
from abroad in large amounts. American
buyers OF stocks are encouraged by i'm
proved crop prospects
The business failures occurring through
ont the country during the last seven days
last week. For the corresponding week of
last Year they were 241.