Wichita eagle. [volume] (Wichita, Kan.) 1886-1890, 1889-04-27
CONTINUED IMPROVEMENT.
Every Branch Of Trade Pavorably Affected
all SIGNS Reassuring.

NEW YORK, April 26.-R. G. Dun & Co.'S
weekly review says: Business in this
region is so interrupted by centennial pre-
parations and the approaching holidays
that the decrease in volume is not sur
prising. Reports from other quarters in
dictate q continued improvement and even
in the iron and wooden branches the signs
for the present are more favorable. Money
is accommodating here and plenty at
nearly all interior points. Collections are
generally better, though no improvement
Is seen at Milwaukee and while the gener-
al complaint is that the present demand
for money is but moderate the
confidence that business will soon expand
is as strong as ever.
The iron market continues unsatisfac-
tory here and southern No. | Is sold at
SO. 80 and a sale of steel rails at less than
S27 at the mill is reported. But the
feeling at Philadelphia is clearly
improved. the demand for plate and tank
iron and sheet iron being fair, while there
is decided improvement in structural iron
and in nails. The market for bar iron is
more steady. 1t is not yet clear that the
consumption will sustain the present large
output of pig iron and prices do not
strengthen.
In the wool market Also better feeling
is noted. In drugs and chemicals, also
another trade which has been very dull,
distinct improvement is observed NJ Phil
adelphia, with collections il better shape
and prospects higher.
In most of the speculative markets prices
are lower, and that fact also gives promise
of larger and freer trade. Wheat is 2
cents lower at So cents, with sales of o.
100000 bushels for the week. Corn is IL
cents lower at i2S cents, and oats l cent
lower. Coffe has not changed, but Specu-
lation in sugar has turned downward
There is no change of consequence in
pork products and oil is a fraction stronger,
but leather is again cent lower, butter
, cents and cheese 15Gl cent lower Flour
has declined for some grades 5000 cents
per barrel.
Speculation in cotton is still strong and
prices Is cent higher with sales here of
$50, coo bales and exports continuing very
large. In consequence mainly of the
enormous cotton movement the value of
exports in March exceeded the value Of
merchandise imports by 1855. 326. The
net exports of gold is 50, az, 225 for the
month and about Sl.00o,000 of silver made
about s., COG, 600 paid abroad against inter
est due and undervaluations. For three
months, the net exports OF merchandise
and specie represented about half the eSti-
mated interest and undervaluations.
These figures show that IN spite OF much
weakness in speculative stocks foreign
investments still exceed Withdrawals of
foreign capital and of late the demand for
railroad and other bonds has been eXcep-
tionally strong
In European markets the general tend
ency of prices is upward Since April l
the fall In average prices Of all commodi-
ties here has been fully half of l per
cent. The dry goods business in other
cities is fairy on a level with last year
and prices are well maintained 1t is a
good sign that collections in this branch
seem to be generally improved.
The grocery trade has also been more
active.
No sales of lake copper are reported