Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1895-07-04
Highest Of all in Leavenng Powa-laest U. S Govt Report
@!A!:!!!! q! Bs*a:sE BBs';iaRs
ABSOLUTELY PURE
REVIEW OF TRADE.
Business Is Better, but Crop Pros
poets Somewhat Uncertain.
WHEAT and CORN BOTH DECLINED.
Cotton Also Haa Fallen In Spite Of Reports
Of damage to the Crops by Ralns
Failures for the
Week,

NEW YORK, June 70. --R. G. Dun \
Co.'S weekly review Of trade says;
Business is better, although the crop
outlook affecting prospects beyond the
near future, is u little less distinct.
There is more ground for doubt about
winter wheat and cotton than week
ago, and threshing receipts are COM
paratively low, though the prospects
for spring wheat are exceedingly good.
The price, i cent lower for the week,
is beyond mistake too low, If the latest
impressions OF injury to winter wheat
are correct Receipts for the week are
relatively small, but for the four weeks
they have been 3, ,l0d,4l4 bushels against
5,704, 5as bushels last year, while At
lantic EXPORTS flour included, have
been for four weeks 4,0la,7a9 bushels
against 7,i4l, ,OO2 bushels last year.
Corn has declined fraction and
pork is steady. Cotton has fallen 3-l6
to cents, In spite Of reports Of serious
injury by rains in Texas and Louisi-
ana. A light buying by northern
spinners surprises the market, for
their takings have been more than
enough for the years consumption,
and returns show great decrease in
exports Of cotton goods
Speculation has even spread to the
wool market and with an advance OF
about cent in prices. The sales have
been the largest ever known for any
week -4,0l7,o00 pounds, against 6,s35,-
600 in 1892. In four weeks Of June sales
have been 1882, 465 domestic and H.
45l, 500 pounds foreign, but In 1892
they were l3,Sia $50 domestic and TO-
4s7, 800 foreign. A growing belief
that the domestic clip is short and
an idea that the coming London sales,
beginning July ., will show higher
prices have been more potent than q
little increase In the manufacturing
demand, and the price has risen at all
markets Light weights and mixed
goods hesitate and some are lower
than year ago, but since the Wash
ington mills opened clay worsteds are
at slight advance Other medium
and better grades have been stronger
in tone. The labor troubles are pass.
ing with frequent advances In wages.
Copper has been strengthened by a
large sale OF Calumet a. lIecla for ex.
port at lO% cents, which lsnow quoted,
while tin is slow at Sl4.0J and lead at
$3. .97N. Iron still advances, Bessemer
selling for $500 at Pittsburgh and
Grey forge at Slls0. A further ad'
vance in structural forms is expected
The western demand for steel rails Of
the advance Of S2 per ton Is quite good.
The rise in bar is maintained and plate
and sheet mills are crowded so 1t Ii
difficult to place orders at current
prices.
The half yearly report Of failures
next week will include about 6,900,
against 7,03o for the first half of last
year. and assets Of about sso,0oo, 600,
against slOl, ,57s, 1852 last year but fol
the cordagc concern the aggregate
would be nearly 25 per cent less than
last year, and the manufacturing lia'
bilitics 26 per cent. less, but including
1t the manufacturing liabilities will be
about $40 900 900, against the $4l ,376, i2t
last year, and the trading $4,000, 600
against 52,3l5,97s last year, while
miscellaneous liabilities were only
So, 100000, against S7,s56,07s last year
Failures for the past week have beer
1855 In the United States against ~
last year, and % in Canada against 81
last vpur