Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1893-01-07
SEVENTY MILLIONS.
Our Exports Exceeded Imports
During the Year.
Never Has Bsen a Year With as
Great Volume of Trade and With
as Few Failures: With Smaller
Amounts Involved.

NEW YoRK, January ar. G. Dun q Co. q
Weekly Review of Trade says:
The most prosperous year ever known in
business closes with strongly favorable indi-
cations for the future. From nearly all
points comes the report that the holiday
trade has been the largest ever known, and
while the wholesale trade ID not usually ac-
tive at this season of stock taking, it is now
remarkably large. The settlements through
the clearing house outside of New York in
December was apparently the largest ever
made in any month, exceeding the last years
by more than 10 per cent For the year the
volume Is also about 10 per cent. larger than
last year, and the largest ever known. The
railroad earnings in December show an in
crease of about per cent over last year,
and the years increase is about h5 per cent.
Foreign trade has been smaller than last
year in volume of exports at New York: ST.
SOC, 600 in value for the past four weeks, and
In cotton ports about So 00O, 900 less, but
the imports at New York have been $780,
600 larger and still shows an excess of ex-
ports. For the year the excess of merchan-
disc exports has been not far from SIC, co.,
600, with the largest imports and the largest
total exports and imports ever known In any
year. The year closes with all wooden, Get
ton and silk machinery fully employed, and
unsold stocks of gods are much lighter
than usual, while the demand for the COM
ing season already exceeds the capacity of
many mills. The orders in dry goods are
extraordinary. The sales of wool at the
chief markets have been 309, 600, 900 pounds,
against GAG, 000, 900 last year, and foreign
imports have been the largest ever known,
with the domestic supply slightly behind the
largest. The shipments of boots and shoes
from the cast have been per cent. larger
than last year and nearly 8 per cent. larger
than in any previous year, while the increase
in ten years has been over so per cent The
iron trade il in weaker demand for finished
products, being at present light. But steel
rails have been reduced to $29 per ton and
the sale of 70, 600 tons followed. This great
industry has been much affected by the
markets for securities, which has been de-
pressed for some months by foreign selling
and monetary uncertainties, so that the
companies have been restricted in changes
of rates and supplies. But for the past week
stocks have been stronger, gaining about So
per share in average price. Speculation in
products have been comparatively inactive,
though wheat advanced by the western pool
nearly cents. Cotton is strong, with di-
minished receipts. The year was remarka-
BILE for ever failures than ever occurred in
any other year since 1865, the NUN Der being
10, 344. or 2,029 less than III 1891. The in
debtedness of firms failing was but STA, Co.,
about the same in 1890. The average liabll-
tiles of the firms failing in 1892 has been only
$11 900, the lowest average reported since
1878. In 1892 only one in every 113 traders
failed, against ons in every SO in 1891 and
one in every l02 in 1890.