Democratic Sentinel, Volume 16, Number 21, Rensselaer, Jasper County, 10 June 1892 — Business Is Better. [ARTICLE]
Business Is Better.
R. G. Dun & Co.’s weekly review of trade says: The tone Of commercial reports from various purts of the country indicates that business has to some extent improved. Collections .throughout tho country are better, and. excepting the bursting of a speculative corner at Chicago, there Is no especial excitement of any kind in business. The fictitious price established for corn at Chicago lasted just long enough lo bring into that market enough of the actual grain to bury the speculators, and the corner broke with great losses, not merely to the operators hut also to the brokers. Wheat is declined half a cent, the West.ru receipts being unusually large, though the exports from the Eastern ports have also been quite lar.-e. Oats are a shade lower, pork products unchanged, and oil is a little lower. The stock of cotton in the country continues far beyond the record of previous years, and there is every reason to believe that even a great reduction in the yield will surely reduce the aggregate supply for the year below the quantity usually required for consumption.
