Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1896-11-07
REVIEW OF TRADE.
Business StaEnation Incident to Days Pre-
ceding Election-The Weeks Failures.

Business StaEnation Incident to Days Pre-
ceding Election-The Weeks Failures.
New YORK. Oct 3L-R- G. Dun q
Co.'S Weekly Review of Trade says:
A market without anything but politics to
rule it is not often seen. Business is almost
abolished until after the election by the extra
ordinary pressure for money, by the indispo-
sition of anybody to sell who thinks a great
change for the better is near by the feeling
that it is now of to contract or buy.
when SO little time remains before a decision
and by the general absorption of business men
In political activity. The feature of the week
has been the pressure in the New York mo ney
Quotations of call loans at 100 per cent or
more have no real meaning. except that. with
practically four holidays to come in succession,
there is really market
Wheat has declined sharply, but Is rising
again, closing about Nc lower for the week
Heavy realizing of the spot sales, extreme
monetary pressure in carrying supplies and
belief of foreigners that they can get what they
want at lower prices by present abstention,
have materially helped the powerful Chicago
influence, which has labored to depress prices
The speculation in wool continues. and has
taken during the past four weeks e. 321 ITO
pounds against q. ssS $50 last year and $685..
053 in 1892. although less than half the capacity
of mills is employed 1t is a gratifying feature.
however. that about II establishments have
started during the week, in confidence that
business will be larger hereafter. There is yet
only slight Improvement in the demand for
lightweight woolens Iron has been bought
largely by spectators
An encouraging feature is further advance
in prices of leather wool. bessemer pig iron,
wheat. Indian corn. lard. and refined
sugar and for crude and refined petroleum.
Only moderate orders have been placed for
wooden goods for spring delivery, but manufac-
turers are disposed to buy some raw material
Total exports of wheat (hour included as
wheat), from both coasts of the United States,
amounted to $780, 900 bushels this week, ex-
elusive of shipments from Galveston. no re-
port OF which has been received. compared
with 4,067.00 last week. 2,7I3,000 in the last
week of October, 1895, 2.934OOo bushels in the
like week of 1894, $500 bushels in 1898. and
as compared with 3.7I4.0c0 bushels in the cor
responding period OF 1892. Exports of Indian
corn amount to 1897 900 bushels this week,
nearly 400 QUO bushels less than last week, one
third more than in the CORES ponding week of
1895, Is times much as in the corresponding
period of 1894 and three times much as in
like weeks of 1898 and 1892
Mercantile failures throughout the United
States have declined in number this week, the
total being PIG against 292 last week. 2e9 in the
same week one year ago. I53 in the correspond
Ing period two years ago and as compared with
353 in the like week of 1893 There are 81 BUSH
ness failures reported from the Dominion of
Canada this week. against 45 last week and a
like number in the same week one year ago,
but compared with 46 two years ago.