The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1894-10-26
THE WEEKLY REVIEW.
DU's Report shows Small Exports and
Large Imports-The Weeks Failures

DU's Report shows Small Exports and
Large Imports-The Weeks Failures
NEW YoRE. Oct. 20-R g. Dun & Co. q
Weekly Review of Trade says:
Cotton being scents and wheat below IS cents.
each lower than ever since present classical
tons were known.export Of gold instead Of prod
ucts are the silent features in business this
week Distribution of foods to consumers goes
on fairly with gains at nearly all points in CON-
parison with last year, but not yet al a rate to
sustain the present volume Of manufacturing
production. so that prices weaken a little. The
domestic trade reported by railroad earn
ings in October is 81 per cent less than last
year. 1874 per cent less than 1892 The pay
ments through the principal clearing houses
for the third week Of October are % per cent
greater than last year, but 81 5 per cent less
than in 1892 The daily average for the month
is So per cent larger than last year. but SO
smaller than in 1892 With many features Of
encouragement business has not vet reached
expectations. and it is evident that the loss Of
part Of the corn crop and the unnaturally low
prices Of other great staples affect the buying
power OF millions
Wheat for October delivery fell to 54Is cents
on Wednesday and in spite Of some recovery
the average for October thus far is cents be-
low the lowest monthly average ever made.
which was in September and was nearly 10
October average being 30 cents below that Of
October. 1891. or 1890 Western receipts are
only ~ .i9I bushels for the week against g.
o6i 1913 bushels last year and Atlantic ports 3d.
Os4 bushels against s933i3 bushels last year,
but the controlling fact is that no demand as
yet promises to clear away the enormous sur
plus. Corn declined l. to cent during the
week with receipts not a quarter Of last year
and exports not q tenth Pork products were
small and weaker. with lard a quarter cent
lower.
Domestic exports from this city in two
weeks OF October were Is per cent less in
value than last year. while the increase in
value OF imports has been p per cent Much
Of the decrease in exports is in the price. but
in August and September the quantity OF
wheat decreased over one-third Provisions
and cotton gained but oil decreased. and in
minor products exports in September declined
Is per cent. The increase of i'm
ports. exclusive OF sugar, was over
> per cent in September. and in two
weeks Of October at New York over 43 per
cent With this heavy increase in purchases,
and a decrease in sales of products abroad. the
market for foreign exchange is in position 70
be quickly Affected by Withdrawals of capital
or apprehenSions regarding the future peace OF
Europe. To the half million dollars exported
Tuesday it is expected that as much will be
added to-day II appears that three trust CON-
panies have now over 500 000 idle money.
and that eastern mill loans are being taken
from New York BY English banks. while the
Northwestern demand for money Is unusually
snail The treasury is again falling back
ward in reserve and large imports yield little
less revenue than last year while internal rev
enue for the past three weeks is Si,s00.OjC
smaller than a year ago.
During the past week the failures have beea
253 in the United States. against 34l last year.