Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1894-07-05
TRADE REVIEW.
Crop Prospects Grow Better as the
Harvest Draws Nearer.
GOODS CONTINUE TO ACCUMULATE.


NEW York, June SO.-R. G. Dun 4
Co.'S Weekly Review Of Trade says;
The great strike Of coal miners has ended at
most points, but another threatens to inturrupt
business more seriously for time, though the
number Of hands engaged Is comparatively
small Travel md traiilc are well nigh arrest
cd on about twenty western roads already,
and strikes are threatened on all
roads which uso Pullman oars.
On the whole, other changes during
the week have been for the better. Many
manufacturing establishments which were
stopped by want Of fuel have resumed The
depletion Of tine treasury reserve has been
checked by the voluntary deposits Of gold by
New Ycvk-taukS- Exports cfgold have almost
ceased. Congress has made much progress to-
ward final disposition Of the tariff question.
Crop prospects grow better as the harvest
draws nearer, b4
The resumption Of work In mines and mills
has made good progress, but the demand for
products Is as yet smaller and loss urgent than
was expected. Buyers apparently wait for
lower prices Of iron and steel products, which
manufacturers are slow 70 give in view OF the
increased cost Of materials md production,
After suspension Of half the working force
for more than month 1t was expected that Or
ders for products would be very large, but In
stead there Is general complaint Of dullness
and narrow demand, and prices Of Besscmer
pig and some finished forms are little weaker
Although the working force has evidently In
creased several establishments have stopped
for want Of orders, or because no settlement
regarding wage for the coming year has yet
been reached.
Textile manufacturers are embarrassed by
the near approach Of probable change In the
tariff the effect on which cannot vet be calcu-
lated In spite Of this reason for deierring Or
ders and purchases, the number Of mills quit
ting work Is not yet as long as was expected,
for there appears little more demand from
clothers and iobberse The cleanlng-up pro-
cess has been accelerats1Ixith success by con-
cesslons in some cotton mods, but oil orders
are still limited and the lmulatlon Of goods
continues. Ef
I Somewhat better ordel1 II &oolens, particu-
larly In low-priced all-w0p1 gd0ds and in clay
diagonals and worsted 5ylbts, though not
large in amount, give hdGS 0f larger trade
But the mills are buying cautiously, md sales
of wool fell below last YoAry s,7sS7OO pounds
for the week. againse 1t(D@ Tn four weeks
Of June sales twef51srs ago were % 769..iO
pounds last year only p,759s16, and this year
ll,eO7 s!l pounds. Growers ind other holders
Of wool seem disposed W demand hlgeer prices
than can now be paid. w xiptS from the In
interior ara liberal apt kScV V:Aha present de-
mahd.
\ Wheat has declined cents, the year closing
with insignificant exports for four weeks Of
June only e,gsO,eg0 bushels from Atlantic ports,
against g,ql7 ,454 last year, while western re-
ceipts have been 500 $50 for the same weeks,
against s,9lOo%3 last year much smaller de-
crease. Corn has declined Y Of o cent, receipts
being larger than Of wheat, md heavy crop Ia
expected. Pork products are also u shade
lower
Cotton has yielded sixteenth, as specula-
tion against the enormous stocks In sight
grows tiresome.
This week the failures have been 2li In the
United States against 3O7 last year md thirty
Ave In Canada against twenty-seven last year,
OF late the number and Importance Of failures
have increased little, az II Is near the close
Of half year.