The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1895-04-14
BUSINESS WORLD.
Progress Toward Better Business
Continues, but 1t Is SOW.
PRICES HIGHER THAN LAST YEAR.
Cotton More Buoyaut Receipts Of Coru
About Uaif and Exports Fifth OF
Last Years Wool sales
Failures.

NEW YoRk. April l3. r. G.. Dun &
Co.'S Weekly Review Of Trade says:
Progress toward better business con
tinues. but it is slow and meets many
obstacles In speculative aspects and
in wholesale demand for goods. the
week shows improvement Money
markets are undisturbed and a little
more active. But among the
chief obstacles is the anxiety Of
operatives to secure better wages, even
while many manufacturing works are
running without profit and others at
the risk Of loss. In u number Of estab-
lishmentS better wages have been con
ceded thus increasing the purchasing
power of the people. but strikes have
largely overbalanced settlements. sew
eral Of importance having thrown about
~. 600 workers out OF employment this
week. Retail trade has improved
on the whole since March. as the APP
proach OF Easter brings more business,
but distribution to individual consum-
ers still lags behind purchasers OF job
bers and such demand for products as
springs from building and other in
vestments looking into the future.
Crop prospects will greatly affect the
course Of trade for some months and
/ the government report had little intiu-
ence to discourage. For consumers
/ the worst feature i the rapid advance
/ in meats
For the first time in Il long period
! prices ot commodities average shade
! higher than year ago and in Great
/ Britain also owing to different causes,
slight advance occurred in March.
| ON both sides Of the ocean the lowest
level ever known may naturally be
! followed by some rise. Cotton on both
sides i more buoyant than anything
/ else except meat and petroleum here.
crude oil having risen to Sl.s0. the
! highest price for over seventeen years.
! Nothing supports the advance of an
eighth in cotton the past week except
! the impression that the next crop will
| he short. for receipts are large and
about 10000 bales more than the
largest crop ever grown, have already
come into sight this year.
Wheat has yielded nearly a ceut, al
though Atlantic exports for two weeks
have been 3, 5O6, ,6i3 bushels. Hour in
cluded, against 3. 500. 6ss last year, with
western receipts only loss 4G1, against
4,223, 43i last year. Receipts of corn
are about half and exports about
fifth Of last years Decrease in receipts
Of cattle are exaggerated 60, 400 having
arrived at Chicago, against ,S9,j43 TO
date last year. and the prevalent opin-
ion is that the western packers are
helping nature 10 some extent.
sales Of wool are particularly inter
estiug, amounting for the week to
'6O3O. 200 pounds, and for five weeks
previous 10 a5.G2l 200 against 25.211.3,6
in the same weeks Of 1892. In brief
sales are close to the quantity required
for fun contamination and the long
delay in placing orders and the
lateness Of the season makes
the proportion of mills at work
larger than usual. No improvement
in prices appears, and domestic
wool does not respond TO recent ad-
vances in foreSgn markets The low
price encourages manufacturers 10
compete much more vigorous" with
the foreign goods of many lu.s han
they had expected, and for re medium
and cheaper grades OF g,... 1heE
have more than the usual de-
mand because purchases Of consumers
have for two wears been comparative
ly small The better goods fare not
so well foreign competition being
more effective, but there is good de-
mand for dress goods. In cottons con
tinued strength appears. with further
occasional advances of = cent and ls
cen il print cloths and the aggregate is
, fair. Many agents are sold well ahead
r Failures for the week were .O5 in the
United States against 2ls last year and
30 in Canada, against IA last year.
Un~-L@gEed Blcyclists to Race.
NEw YORK, April l3. Charles q. Xii
patrick, the one-legged bicycle ride
has authorized the American Wheel
men to arrange match between him
self aud J y. Cunningham, Of Syra
: cuse, y. y. for a series Of races to de
termine the one-legged championship
Of America. The record for one-leggeo
, riders against time is 3:O7, now held by
! Fitzpatrick.
Clearing house returns for the prin
cipal cities In the United States for thu
week ended April ~ showed an aver
age increase AS compared with th,
corresponding week last year of ~
.