Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1895-07-13
BUSINESS OUTLOOK.
Brighter Prospects Throughout the
Country.
Dun's Weekly Review More Encouraging
The Country Clearly Recovering
from the Panic -Immcuse
Corn Crop In Sight
Review OF Trade.

New YORK, July 7.-R. G. Dun & Co, !
weekly review of trade says: The mid
summer reports from all commercial
centers are OF especial interest, cover
ing the questions on which the future
OF business depends. They indicat,
distinctly better crop prospects thar
the official or commercial accounts, q
marked increase In retail distribution
of products, an active demand fol-
goods and n general enlargement o.
the working force, with some advanc,
in the wages of more than 500.0Ot
hands. At the same time they show
che rapid advance in prices has some
what checked the buying of n few
classes of products. In some parts OF
the country the outlook for fall trade
is considered bright.
There Is n growing recorder demand
for heavyweight woolcns, and many
new kinds of lightweights have been
opened with notable Irregularities Ia
prices, some lower and others higher
than last year. But the manufacture
is better sustained thus far than ex.
pected, and the feeling is very hopeful,
especially as labor troubles have sub
stantially ended. Prices of cotton
goods a,'o continue 10 advance, and
the mills are generally well en-
ployed. Speculation has depressed
wheut cents in spite of estimates that
the yield has been materially reduced
since June /. Every year the crop re-
ports are having less influence, and the
time Is ripe for the radical change in
government estimates which the de-
partnent proposes. Tho year closes
with more than 600. 90 bales of Amer
lean cotton avail. Die here and abroad,
and with at lSt Ga.O0oOOO bushels
surplus wheat. although some make
the quantity 5000. 1O) bushels larger.
The crop OF OATS l. certain TO be large
and the prospects for corn have great
IL improved witain the last few weeks.
There were $3.50 commercial failures
in the first half of Isgi against 7,O39
in the first half of 1884, and 6.i0l for
the frs; half OF ls93 These commercial
failures involved liabilities Of SIS $780,
GA this year. against Sol, 73o, 3O9 last
year, and sos. s6i,iiO In 1893.
\ Great Corn Crop.
KANSAS CITY. Mo-. July a-Th!s
years big corn crop is getting to be
enough Of certainty to become an
important factor in the corn market,
and In the plans of business men for
the future as well. In Texas and
in southern Oklahoma the corn is
made" 1t is in tassel in most Of
Kansas, and is two weeks farther adj
vancel than ordinarily Mt this season
of the year. The menace of the
drought in the central states has
passed away. The condition over the
whole corn area is such that there is
not much room TO doubt that the crop
will come TO maturity ana will be the
greatest in the ag !regate ever raised.
The corn g4aa this year undoubted-
~ Is the largest ever planted.
The private crop bureaus AZ Chicago
estimate IL TO Ice 20, 00), 600 10 s3,000,0O0
acres Last years harvested area was
G2.5G0.0JO acres The area In 1882
which was the largest on record up 10
lS95. was 7s,Sl9,O0 acres The promise
Of the crop, taking the whole area to-
ec:her, is for greater yield per
scre than that of 1850, and there Is
p possibility of an aggregate crop Of
1900, 0JO, 900 bushels or more. OF course
corn must sell at very low price
with such great supply. But the value
Of corn crop in this country does not
lie IL what II sells for. A very small
portion Of the corn crop is sold. Very
much the greater part Is fed In on the
farm. A big corn crop now will give n
stimulus to the stock raising industry
which 1t has not experienced before in
a number OF years And this stimulus
will come just at the rigLt time
u time when prices are remunera-
tive, and when supplies OF cattle and
hogs are small enough 10 insure re-
munerative prices for some time to
come. The demand for stock for feed
ing this coming fall and winter will
help TO keep prices up. The strong
market for cattle and hogs will have
sentimental influence toward main
tanning prices Of corn.
The big movement OF corn will
greatly increase the business of the
railroads. II will necessitato the en-.
ployment OF many more men than are
now engaged in the labor Of transpor-
tation. II will also force the railroads
to buy new rolling stock and make ex-
i-ns!ve repairs, and consequently will
lead TO greatly increased activity In
nearly all manufacturing industries.
Doubtless great deal OF the crop will
find market abroad, and in that way
help to turn the tide of gold In this
direction.