The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1895-05-18
SET BACK BY COLD.
Retail Trade Retarded by the
Inclement Weather.
No Way to Employ Money in
Central States.
ARE IN FAIR DEMAND.
Manufactured Goods Show an
Advance in Prices.
ARE IN FAIR DEMAND.

New YORK, May 1s.-R. q. Dun &
Co.'s Weekly Review of Trade says:
The severe cold snap, with extensive
frosts and in some states snow, has
fortunately done little damage to the
great crops, though much to fruit, but
has considerably retarded retail trade.
The best news of the week is the adj
vance of 10 per cent. in wages by the
Carnegie works, followed by the Jones
& Laughlin Establishment, and evil
IDENTIFY implying a similar advance
by many other concerns. The
Illinois Steel Co. is starting its
furnaces without granting the demands
of employees. No advance has been
found practicable in the wooden mills,
where conditions as to prices and for
eign competition are very different,
and about 10, 600 workers are still idle
at Olneyville, where the works should
consume 600, 900 pounds per week. In
other departments of labor troubles
are not serious and the demand for
manufactured products increases.
With material and steady enlarge
ment in domestic trade there is still a
great want of employment in the in
terror for money, which comes hither,
So, 500, 900 during the past week, and
with the m illions distributed by the
bond synd icate on bond account slim
ulate speculation. Accordingly wheat
has risen cents, although the reports
of injury by frost do not APP
pear, upon sitting, to concern any
considerable proportion of the
growing grain. Western receipts for
two weeks of May have been 2,917, 305
bushels, against 2, 500, 299 last year, and
Atlantic exports 3,O59. 484 bushels,
against 1866, 101 last year, being re-
duced by the advance in price less than
would be expected because of generally
current reports of decrease of acreage.
With only six weeks of the crop year
left, the stocks in sight constitute
heavy surplus, if not as large as some
western statisticians estimate. Corn
has advanced only q cent, being APP
parently injured more than wheat, but
the acreage gives promise of a yield of
1000, O00 900 bushels.
Cotton is Is cent stronger in spite of
the fact that 9,61s, Os1 bales had come
into sight since last Friday, which is
over 400, 900 bales more than the largest
crop ever recorded.
Goods are in fair demand for the
season and the advance in prices is
maintained. Wool was remarkably
heavy for the past week at the three
chief markets, $3.50, $50 pounds and for
two weeks of May 1859, $50 pounds,
against II. 767, 75O in the same week of
1892, the last year of full demand. In
that year the sales of domestic were
5, 1869, 900 pounds, and this year 1851, $50
pounds.
Bessemer iron has risen $1140 at
Pittsburgh, with grey forge to So. 65.
Finished products are in larger de-
mand, but as yet not enough larger to
cause any general advance in prices,
and proposals of com limitations in mer-
chants steel, structural iron, cast pipe,
wire rods and cut nails, with the ex-
listing combination in steel rails, show
the market does not rise of itself.
Failures during the past week have
been oil in the United States, against
PIG last year, and 81 in Canada, against
"a last year.