The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1894-09-15
REVIEW OF TRADE
DUN Says Volume of Business
is Larger
Than at Any Time Since the
Panic.
UNDER THE TARIFF
No Change of Importance Has
Yet Taken Place.

New YORK, Sept. 15.-R- G. Dun's
Weekly Review Of Trade says: Bust
ness has met no setback this week
and continues larger than earlier in
August and larger than a year ago
directly after the panic. The coun try
has now passed nearly three weeks
under the tariff and all admit that
changes have been of less Importance
as vet than was expected. If in some
branches business has materially in
creased, it has gained a little or
has fallen off in others Loss in
some directions is explained by
crop reports, for the most favorab BILE
estimate of experts puts the loss OF
corn at about 400, 900, 600 bushels,
whereas the government report is by
some interpreted as meaning q loss of
1, 900, 600. 600 bushels The opinion Of
the trade does not favor the official
estimate, and the price has not risen
at all during the week, though re-
ceipts have been very small. Exports
have practically ceased, and all real
lie the ShrInkaGe of 400, 600, 900
bushels is serious if 1T proves to be no
greater, since it must affect the prices
of meats for a year or more. Pork is
unchanged, but lard has risen 80 cents
per 100 pounds.
Nor are official eports encouraging
as to wheat. Western receipts in two
against 10, GA, 761 last year, and At
lantic exports only 2,074, 700, against
5, JOG, 562 last year and the price is
one half cent lower. Considerab bic
injury is officially reported to cotton,
but few expect less than 3, 800, 600
bales. which IS more than enough,
and the price is one-sixteenth lower.
The great increase in iron prOduc-
ton which was noted as following the
removal of strike difficulties. is meas
ured by the capacity of furnaces in
blast Sept. I, namely, 151,113 tons
against lis. 356 August /, and the un-
sold stocks also decreased 50, 3s4 tons
during the month. The output thus
rises to 30 per cent of a full prOduc-
ton, but the consumption may be
less, as the main increase in output
was near the end of August, and the
prices have since weakened a little
Bessemer iron to $11. 40 at Pitts burg,
while grey forge sells at 1895
Baroed wire IS shade weaker, but
other prices unchanged Leaf tObac-
co is depiessed by foreign offers at 30
cents.
Less activity is seen in dry goods,
the rush of postponed business having
abated, and there is more disposition
to defer purchases because of some
what general advances in cotton
goods and because London wool
sales are expected to make the out
look clearer. Strikes in cotton
mills have not ceased, and stocks
Of print cloths shrink rapidly, but
some question whether recent adj
vances in prices can be maintained
with important addition to the present
force There is still a fair business
for speedy delivery in woOlens, and
for cheaper grades of spring goods,
but scarcely anything is done in the
finer grades. About half the usual
business in the aggregate has been
done, but about three quarters in the
cheaper grades. Sales of wool have
been 5. 255. 200 in two weeks, against
;. 467, 900 last year and 16, 42S, 90 IN
1892 The markets are easier and
less active, all awaiting the London
sale