The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1894-02-24
the REVIEW Of THE WEEK
Lowest Price for Wheat In Sew,
enty-seven Years.
sscsipts of Corn Largs-pricss Flsctuate,
b a Litte-Cottons at the Lowest
Prices Ever Made-Talk
Of Closing Mills.

NEW YORK, Feb. 17.-R. q. Dun d
Co.'S weekly review of trade says:
This has been a week Of record break
ing in wheat, in silver. in some forms o
iron and steel, In Connollsville cotton
and in we'll known cotton and woolsl
goods the lowest prices known have beer
made, and it is gratifying that disaste
has not resulted. While no actor
affecting business prospects was taken q
Washington, the continued discussion o
revenue and monetary measures and TIL
uncertainty regarding them have q con
etant unfsvorable influence and inditfer
emit markets have caused sudden fuctua
tions in prices. Wheat at e93sSS cents il
not only lower by AZ cents than it wa.
for a single day last year, but lower b,
1914 cents than it had ever been in tn,
previous N years. A visible supply oil
over 79,00o,00U bushels Feb. IL, with
sales and receipts from farms continuing
large, has completely destroyed faith il
the official reports Of the yield last year
and caused enormous liquidation.
Receipts OF Corn Were Large.
Corn and other products fuctuated but
little, though receipts of corn were large
Cotton declined an 10 with increasing
distrust of short crop estimates. The
slight recovery in prices of iron products
has not been maintained. Bessemer pis
has declined at Pittsburg to f1D.85 and
grey forge to $9.85 and steel billets ar,
sold below $40 there, while at Philade,
phia most rolling products are lowe,
than ever. The decline is the most nota
worthy because an increase in the de.
mand is reported both in eastern and
western markets. especially in structural.
at west and here, where several larg.
buildings are projected. Connellsvill,
coke sells at IS cents, the lowest pric,
ever made. Heavy reductions in til.
price Of lake ore is reported with lare,
contracts at =. "a, Cleveland delivery.
Industries at q s%tandstill.
Shipments of boots and shoes from thu
east are 10 per cent less than a year age
with cheaper grades predominating in
orders and manufactures and not many
factories fully employed. Textile in,
dustries do not seem to have gained
within the past week for as many work.
have closed as have resumed work, and
IN wool and cotton manufacturers more,
There has been sharp break in print
cloths to az cents. Some of the besi
known cottons have been put at thu
lowest prices ever made and there il
more talk Of general closing of mills
The demand for wooden goods does mo-
improve and sales of wool decreased
sharply after the brisk activity tw,
weeks ago, being only ALA, sol poundi
for the week. Though some grades arr
scarce and prices relatively higher weei
than here, the markets do not advance
Exports Of merchandise were about
e5oO,0o more for the week than last
year and for six weeks the increase ha,
been only q, 100, 900, or N per cent, but
imports last week were little more tina.
half as large as last year, and for tn.
year thus far the decrease is about 43 ne,
cent.
Failures for the week have been 1923 il
the United States, against 1877 last year.
and % In Canada, against SO last year
Though several were Of some magnitude
the aggregate Of liabilities was appar
ehtly below the weekly average for Jan
uary. For the weeA ending Feb. 8 tn,
liabilities thus far reported were onl,
e4,O7e,8 57. With nearly complete re
turns for January the aggregate of liza
bilities in 1850 failures is $50, 94s, 497, O
which I'll, 1881 ,305 was Of ma~nufacturin,
and $ls, 1s3,4l8 Of trading concerns.