The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1890-03-22
LARGER THAN EVER,
The Weeks Volume Of Business SurpasseS
all Corresponding Periods,

NEW YORK, March 21--R G. Dun &
Co.'S Weekly Review of Trade says: The
volume OF business Is indiSputably larger
than in any previous year at this season.
The tOnnageS shipped east by rail from
Chicago continues larger than ever. Rail
road earnings thus far reported for March
exceed those of any previous year. Bank
ciearings at New York show a gain over
last year of 3 per cent at Boston, Phila-
delphia and Chicago Of y per cent, and
at all other cities of II per cent.
All the signs prove that actual
shortage of consumption is confined to a
few lines only, principally those affected
directly by the absence Of winter, but that
in other branches consumption is larger
than at any former time. In some cases,
aS in iron, the only difficulty or danger
comes from the fact that a consumption
clearly the largest ever known is probably
surpassed by production far beyond all
records.
Reports from every part Of the country
represent trade as fairly satisfactory,
though signs of dullness seem to increase
at Philadelphia, where the squirt of win
I, ter has set back the spring trade. Chicago
has. aS usual. a large increase over last
year in grain and beef products and some
increase in dry goods, with good sales
of SHOES. and better collections in both
trades. St Louis notes fairly active trade
v
reports planting much interrupted by
floods. bat the danger abating and business
fair. Cleveland, Denver and Omaha re
port Improvement and other western
cities a fairly satisfactory trade, though
at several collections are tardy
but at Pitrsburg depression in iron and
steel, and slow trade in glass. due to eN-
traya~aut cost of materials, cause some
disappointment.
Those who labored so long to convince
themselves that prices of iron and its pro-
ducts must rise in spite of the unprece-
dented output now admit that prices are
lower and the market unsettled aud close
ON TO decentralization. The offers of south
Crn iron are the obvious cause
southern at SlS25 and gray forge
SIG - here. Lower prices by -
TO 30 cents are made at PittSburg. with
: lower for rails. = lower for blooms and
bliietS and manufactured iron weaker
The fact OF greatest significance repeatedly
noted here has been the slackening in de
mand for finished products and some con
Cessjons are now made in eastern markets
on rails; for hilletS there are few sellers
and no buyers. and the barmillS are run
ing short Of orders. Ia general, Cousump-
tiou is larger than a year ago. bur clearly
shows restriction from the great rush of
last fail
In dry goods a prevailing feature Is the
extreme caution of buyers. except from
the south, which does a larger business
than ever but he state Of the trade is not
encouraging. Another important feature
comes az time when banks had begun to
seek commercial paper more freely. Inn
porJerS are rushing in goods in auticipa-
tion of change of the tariff. bat in dress
goods Il =. between seasons. in mems
woolenS trade 8, light and many mills are
not supplied with orders; and in CoJtoUs.
while sales are fair ia volume the present
high price of material affects profits. Cot
ton has been steady. receipts falling %QG0
bales and exports 5000 below last years
for the same week. Wool j. dali and
weaker. the very best Ohio fleece com
mandiug only S3FE; cents at Boston
Trade In bread>tuti~ has been principally
speculative. with advances Of = cents on
wheat and cent on corn and oats pork
advancing ~ cents. Coffee * weaker ora
the largest of yields and sugar l. duh with
no activity in refining. the SpTeCSles Srill
undeTSelling that OF the trust
The monetary situation has changed for
the better. more distinctly 50 than any
other. the treasury having found means TO
pay out - 4.G0ae0 during the week more
than it has taken in. Foreign exchange
has risen u cents because of scarcity uf
commercial hill~ hut exports for thrsz
weeks from this port show an increase of.
=. ouHo over last yesr. or per cent.
while the decrease III imports q nearly
S2gU.0o0. The stock market Is affected with