The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1894-09-16
BUSINESS LARGER THAN ANY
TIME SINCE THE PANIC.
THREE WEEKS OF The NEW TARIFF.
No Changes OF Importance Have ~
Tet Taken Placs-The Gain In Some
branches OF business onset by
Losses In others Conflicting
Reports About the Corn
Crop-Increase In Iron.

NEW York, Sept l5.--R. G. Dun's
Weekly Review of Trado says: Busi.
ness has met no setback this week
and continues larger than earlier in
August and larger than n year ago
directly after the panic. The country
has now passed nearly three weeks
under the tariff and all admit that
changes have been of less Importance
as yet than was expected. IL in some
branches business has materially in
creased, IL has gained a little or
has fallen off IN others. Loss in
some directions is explained by
crop reports for the most favorable
estimate of experts puts the loss of
corn at about 400, 900, 600 bushels,
whereas the government report is by
some interpreted as meaning a loss OF
!, 200, 600, 900 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
ize the shrinkage of 400, 600, 600
bushels is serious If it proves to be no
greater, since it must affect the prices
of meats for year or more. Pork is
unchanged, but lard has risen 30 cents
per 100 pounds,
Nor are official reports encouraging
as TO wheat. Western receipts in two
weeks have been ll,1s4, 6s7 bushels,
against TO- 0674, 761 last year, and At
lantic exports only 2,07I, 100, against
5, i06, 500 last year, and the price is
one-half cent lower. Considerable
injury is officially reported TO cotton,
but few c~t ect less than $500, 900
bales, which is more than enough,
and the price is ne-siXteenth lower.
The great increase in iron produo-
ton which was noted rs following the
removal of strike difficulties, is meas
ured by the capacity of furnaces in
blast Sept. l, namely, ISL, 113 tons
against lis, 1856 August 1, and the un-
sold stocks also decreased 35, 3s4 tons
during the month. The output thus
rises to 80 per cent of full produc-
tion, but the consumption may be
| less, as the main increase in output
was near the end of August, and the
prices have since weakened little
| Bessemer iron to Sl1. 40 at Pitts burg,
while grey forge sells Mt s9:95.
Barbed wire is shade weaker, but
other prices unchanged. Leaf tobac-
co is depiessod by foreign offers at SO
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 ad-
vances in prices can be maintained
with important addition to the present
force. There is still 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 8, 255, 200 in two weeks, against
5,467, 900 last year and 49, 42s, 500 in
1892. The markets are easier and
less active, all awaiting the London
| sale.