The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1897-08-21
BUT ONE CLOUD.
r. g. Dun & Co. Say the Coal
Miners Strike
Is Now the Only Hindrance to
the Business Boom.
BEST IN FIVE YEARS.
Reports From All Parts of the
Country
Il
BEST IN FIVE YEARS.
Show Uniform improvement
and Strong Confidence.

New York, Aug. 21.-R. G. Dun & Co.,
in their weekly review of trade, say:
Not for five years have the tele-
era phic reports of the various cities In
aging or shown as uniform improve
ment as this week. The markets are
called crazy by some, but fairly repre-
sent the people, whose confidence in the
future is strong and increasing. Moth
ing appears to check it. Rumors of in
jury to crops are not sufficiently sup
ported to have much influence. The
one temporary hindrance is the strike
of the bituminouS coal miners, which
interfereS, yet a little, with industries
and seems likely to terminate within a
week. The demand for money i'm
proves, taking from New York to the
interior about half a million more than
was received during the week, and Of
feriugS of commercial loans are much
larger, including considerable iron and
steel paper, and the course of foreign
exchange is generally interpreted as an
indication that specie imports cannot
long be delayed.
culture, and corn has advanced a little
in price, but is moving very largely, so
that the last years surplus may soon
be marketed, unless the new crop turns
out better than many now expect. Cot
ton declined an eighth because of an eS-
innate promising the largest crop ever
+ grown, but the dry goods market is
decidedly improving, and some of the
large mills, after a few weeks suspen-
sion, have resumed work. Other farm
products are doing we'll also, but wheat
has advanced about 1850 for the week
on actual transactions, with heavy pur-
chases for export. The official estimate
of yield is entirely diSregarded except
as an admission that the crop will be
larger than that of last year and-it is
commercially assumed that the yield
will be $50, 000, 900 bushels or more,
though recent reports of injury, indi-
eating the pOSSibilit of a somewhat
smaller outcome, have helped the ad-
vance in prices.
Western receipts for the week were
3,844 554 bushels, against 3,974,775 last
year. and for three weeks II, $40, 267
bushels, against 10, 597 1877 last year.
while Atlantic exports are about double
last years, 3,705,2S7 bushels, against L.
SOS,344 bushels last year, and for three
! weeks $685. against 5,102,661 last
year, flour included for both years. 1t
tinue more than double last years also.
in three weeks S,516, 544 bushels, against
| 4119,241 last year.
The iron and steel industry is push
/ ing forward in spite of the still unset
/ tied strike of bituminous coal miners
| Cleveland, and also of billets at Pitts
l=burg, show the utmost confidence in
/ the future. Many additional establish
-ments have begun work during the
| past week, and while no material
| change in prices has occurred, the re-
| ports indicate fewer concessions to Sc
! cure business and a much Steadier tone.
| The demand for finished products has
! decidedly improved, especially in plates,
! sheets and bars and in railway sup
| plies particularly in car axles.
| Failures for the week have been 223
| in the United States against 280 last
year, and 80 in Canada against q last
year.