The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1894-11-02
MORE FAVORABLE.
Dun's Latest Weekly Review Shows an I'm
proved state of Trade.

proved state OF lraOe.
New YORK, Oct. pr. G.. Dun &
Co.'S Weekly Review of Trade to-day
says:
Engrossing political excitement in many of
the states causes a natural slackening in some
kinds of business. but on the whole business
indications are rather more favorable than
they were a week ago. Gold exports have
ceased. quite number OF mills have gone into
operation and the demand for products, IL not
equal to that of prosperous years. is better
than 1t has been most OF the time this year.
The prices Of farm products do not improve
much and there are still some strikes to resist
reduction Of wages so that the purchasing
power Of the people cannot have materially in
creased. but there is more hopeful spirit
which promotes greater activity. On the
other hand the record OF past transactions Is
somewhat less favorable than Of late.
Cotton has sold for 5.si cents for middling
uplands and the large receipts at such low
prices indicate clearly that the crop VIII at
least be close to the largest if not the largest
ever produced The anticipated settlement OF
difficulties at Fall River has not been realized
and at present good many spindles and looms
are idle. But strikes are temporary; more
lasting influence is the largest accumulation Of
cotton in the worlds markets. the stock OF
American in sight now exceeding 2,UO0.DO
bales. II is interesting that in spite OF the
low price of the principal southern crop. man
ufacturers and wholesale dealers report rather
more improvement in trade with the south
than with any other section.
The wheat market is lower and nothing ap-
pears to justify any important change. West
ern receipts have been ASSIST bushels.
against 6.216. 623 last year and Atlantic exports
only 5s4. 263 bushels, against l,OB65j last year.
Corn Is higher. without any very clear reason,
and it is noteworthy that Mt the same time
pork is Is cents lower: lard 81 cents per 100
pounds and hogs 40 cents lower. The contrast
indicates how little the provision market de-
ponds at present on natural relations OF supply
and demand.
In iron and steel the west shows weakness.
while eastern markets show more encourage
ment. Nothing of consequence is doing in
rails, deliveries for the year to October beis-s
only 10000 TONS which is below ordinary re-
quirements 70. renewals alone In structural
work some moderate contracts are reported.
but bar iron is extremely dull. and it il stated
that the low prices reported last week. o. cents
for iron and 81 for steel. have been shaded in
some transactions There is a decline in wire,
sl.90 being quoted for galvanized barbed and
So for wire rods. The best feature is that
the heavy increase in the output of pig does
not seem to overload the market and there are
rather less signs of pressure to sell than OF lte
The demand for wool is not as large as it has
been and while prices have scarcely changed
for two weeks sales are but 4.30i.2O pounds.
against 5.77s. 80 in 1892 and for four weeks 49,
AL .7i9 pounds, against 2s.1Ii.750 in 1892 Prices
were put down before the new tariff took ef-
feet so that results. of foreign competition are
felt mainly in reduced sales of some domestic
woods.
The failures for the week were 23i in the
United States, against Si2 last year and 81 in
Canada. against A last year.