Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1895-08-01
REVIEW OF TRADE.
Volume of Business Small Com
pared to Recent Months
SHRlNKACE IN THE WHEAT YIELD.


New YORK, July 27.-R G, Dun h Co. s
weekly review Of trade says: 1t Is not
the season for the tide Of business to
rise, but there is not perceived scarce
ly any shrinkage except that which
comes naturally with midsummer heat
The volume Of new business is small
compared with recent months, but
large enough to encourage more open
ings Of long closed works. and more
advances in returns to labor Impor-
tant strikes show that the advance Is
not enough for some, but the strikers
seem not more threatening than q
week ago.
Accounts Of shrinkage in the yield
Of wheat come from both Pacific states
and from the Dakotas. 1t would be q
strange and unnatural July without
such reports, and yet they have weight
enough this year to lead even the most
experienced to reduce somewhat their
estimate Of yield, while the price has
advanced az cents Light western
receipts for the week were not third
Of last years, and for four weeks only
5,3d6, ,O6S bushels, against II, 1884, ,6l0 last
year, strengthen adverse reports,
because the price u year ago
was about 20 cents lower
than 1t is now The western
movement largely depends on the ex-
port demand, which Is phenomenally
light, Atlantic shipments for the week
having been--Aour included only
GIL, 56l bushels, against a,sls,o9O last
year, and for four weeks only $780,
$50, against o,s65, ,7s2 last year. Corn
advanced about per cent. with wheat,
but has since lost all Of the gain. Cot
ton has remained unchanged at cents,
although the latest reports favor larger
estimates Of the yield, circular by
Neill going much beyond other figures.
Prices of iron and steel products still
rise, the feature this week being the
startling advance Of 80 cents per keg in
cut and wire nails, with new cards for
various sizes, which 1t is stated makes
the advance unequally greater than 1t
appeared. Angles are also shade
higher, and other prices strongly
maintained. Bessemtr pig does not
advance, although the Carnegie and
other companies have been buying
about 100000 tons, which is supposed
10 foreshadow large contracts for rails.
In the first half of 1895 orders for rails
were $4,000 tons, against $4,000 tons
in the first half Of last year, and a
good many small orders appear at Chi
cago Otherwise there is q distinct
halting in newdemands, though nearly
all iron and steel works are crowded
with orders for some time to come.
Textiles have better outlook with
larger demand, both for cotton and
woolen goods; shade advance in
print cloths, and in most bleached
goods, and more hopeful market for
light weight woolens, which, ifscarcely
advanced beyond last years prices, are
on the whole selling better. Enormous
sales Of wool, a., 1885, s64 pounds In four
weeks, far exceed actual consumption,
but reflect belief that prices will not
decline, and the few changes this week
have been upward, Scarcity of do
nestle wool in eastern markets is in
part due to heavy speculative with
drawals.
Failures for the week were 2O2 in the
United States, against 949 last year,
and ~ in Canada, against 80 last year