The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1896-11-28
r. G. DTN,S REPORT.
Business Large but Demand Not
Equal to Producing Capacity.
New York. Nov. 2s.-R. G. Dun {


New York, Nov 2s-R. G. Dun &
Co.'S weekly report of trade says;
When the rush of orders after the
election slackened many b gan to think
business dWindling. subsistence Of de-
ferred orders is not decrease Of bust
ness
Broadly speaking. the gain has been
greater than anybody expected and it
is not surprising if a small part of it
is ia excess of the present consuming
demand
Reports from all parts Of the country
snow clearly the enlargement Of trade,
not at all points in the same branches.
but every ~ here helped by a more con-
fdent feeling Extremes of weather
have made the week not altogether
good for retail trade but in that line
also there is Improvement on tbs
whole.
Wheat has risen over cents for the
week, without any material change i'm
foreign advices, which have been on
the whole less stimulating. Western
receipts are falling behind last years
and for four weeks past there have
been only IS 012. 5S4 bushels, against 3D.
902. OPT last year. while the exports. -four
included, have been 6270.9S1 bushels in
the same weeks against 6,265,01s last
year and are not large enough to create
excitement. But 10 cargOes have left
Tacoma in November and 30 have left
San Francisco. with j. more loading
and so enga ged. The milling demand
in the Atlantic states is large and at
four western cities the output of flour
in five weeks has been 9. 655, z15 barrels,
against 2,6l3.300 barrels in the same
week last year Corn has sympathized
with wheat only a little and is coming
forward freely The most important
factor in the wheat market is that the
visible supplies do not gain as much
as has been expected.
Cotton has gained only sixteenth
after its considerable decline. The
northern mills are taking much less
in hn
demand for goods is evidently disap-
pointing. Wool was and is still bought
largely Tor speculation and earlier
purchasers are unloading on the later.
but mills are not vet doing much more
than in October. A few more have
been started but there is scarcely more
demand apparent for staple goods. In
Guiding staple operations the sales of
wool have been for four weeks 81, 814,-
100, of which %, 212 600 We're domestic.
against "A 296.050 last year. of which
13, aS1.75O We're domestic, and 24.371. S21
in 1898, of which 21 $50, 696 were domes-
tic
But the producing capacity in opera
ton does not seem TO be half the ca
pacity of the works, and the stoppage
of several large carpet mills within the
past ten days is of Importance.
The collapse Of the nail combination.
and perhaps of the beam combination
and considerable reduction in quota
lions for beams. give reason to look
for a. larger demand for products of
iron and steel, but at present the sales
against speculative purchases made
some time ago are depressing prices
and Bessemer pig has sold at SIPS.
and. according to some reports, a little
lower at Pittshurg. The demand for
such products as are not controlled by
the combination is somewhat increas-
ing. but by no means as rapidly as
expected. Tn minor metals, tin is
scarcely as strong as 1T was q week
ago. but copper and lead are stronger.
Failures for the week have been 800
in the United States. against 279 last
year and IS in Canada, against A last
wear