The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1899-07-08
JULY BUSINESS.
Starts OF With a Record Breaking
Week


New York. July S-R G Dun & Co.'S
Weekly Review OF Trade says today.
Failures for the first half Of 1898. with
banking and financial included. as IN all
other accounts published. were ASA
with liabilities, s4s. 564. 661 Commercial
failures were ASS, with liabilities Of
s42-l62, g33. OF which Is, 20 ESQ were nan
ufzcCuriug and $3.50 1854 were trading
IN the second quarter failures were the
smallest ever reported II that quarter
for the twenty-five years for which
quarterly reports have been made by
this agency The average per failure
ST 1d5 is the smallest ever known IN any
quarter the average per firm in bust
ness $500 and the ratio OF defauIter
Liabilities To solvent exchanges sixty
two cents per 81. Gee, are both the small
est ever known II any quarter
N ten OF the fourteen branches Of
manufacture failures were smaller
than II the same quarter Of 1Our CT the
previous I've years The larger fall
ures for 500, 600 OF more were only Two
IN trading for S224 0SS. less than q tz1rn
Of the smallest previous year and CnEv
Is in all for Sz,4I7-1S9 from q fifth TO
a tenth previous years The decrease
II small failures IS worth SPECIAL study
w neat declined three-sighths Of
cent, exports being but Z.250.02 bushels
Tor The week. -four included. against
z-i43,l3S last year for both coasts al
though western receipts were 3, s61-523
DLS1e-S- II the farmers actually car
red over s5,G00 0G0 bushels or more z
year ago. after SL25 10 81 per busheI
had been paid at Chicago for some
months as one farming Journal esti-
mates they need the education which
rhey are getting. but the claim Still
@Illr=ly fails TO account for their liberal
seL1S this year at lower prices Con
Cra1-cr1ry El1esses and hopes continue
our THIS year Is very hard On predic-
tons Corn exports are twice last years
Z-ale,lQe bushels. against I POS 755 last
year Tor the week, and the price de-
cIlled z quarter
The cotton movement still indicates
2 greater surplus than was expected.
CUT disastrous foods in Texas caused 4
S-zIeeIEn advance which dispatches
from THAT quarter Do not seem TO war
rant The loss. much or little would not
materially affect a years business
Scarcity and high prices Of iron and
IT'S products can no longer be reckoued
as evidence Of good times II the Sheu-
a1EO valley SIX furnaces have been
stopped by 3 strike for 20 per cent more
wages and minor strikes are reported At
Various ron works The tn plate strike
continue large beng evidently reported
week after week at different cities be-
cause not taken. bur new orders ac-
cT1r1uLz tsd do not equal the OUTPUT Of
the works Predictions Of s-r=ar -r-fr7-
CT Zig iron have lfced the price srzII
L-rIlEr 70 81 Per cent OF the aTarazs
--- . i------E1- A1cts ollE several mora FUR
Faces fEe gong into operation and the
l--l1ClS steel COMPANY has contracted
ror others OF The largest capacity
LsXr--e manufacturers are doing vel
and n wooden goods. prices tend u
+-rl VIII considerably better dzU1auC
cut sales oI S-s2s- 100 pounds at the three
cr-=E markets were mainly to dealers
and the advance IN price Il. 81 cents per
pound average for loo quotations by
Coates Brothers. against 1916 June Is.
and 1881 Nay Is. does not invite bssJv
lra1sacl1ols- Cotton goods show 10
pressure 20 SCI. but are cuietzr and thu
Llcr=ast7d manufacture at the south Is
Ie1L =2c6 year more clearly IN uorthzru
mills The volume OF business for The
1rsr week Of July has been $50 per cenr
greater than last year and a. g Der Ceur
greater than in 1892
Failures FOR the weak rav-z reaa- a
II Lne n1Lao states against Zz9 last
year and 20 II Canada, sgainst Il Iasr
gasrs