The Wichita daily eagle., 1894-03-03

favorable reports from the south and the
Pacific coast in contrast with the more cheer
ful tone and increased sales at important
leys @ and in in the J northwest. % This. while ad-
vice from Providence. Philadelphia, Baltf-
more, Cincinnati Nashville. Birmingham,
Galveston and San Francisco are less In
ciined than in late weeks to regard the sitnar
tion hopefully. those from Buffalo. indian
apolis, Louisville, Memphis. Mobile. Chicago,
st. Louis, Kansas City, Omaha. Milwaukee,
st. Paul and Duluth all report evidence OF
distant i'm prOyemenf.
1.-The general industrial situation is both
better and worse. There are thirty resump-
tions OF factories reported, eontrasted with
two shut downs; Wages have been reduced at
thirteen establishments ana nfteen strikes
are announced. The latter Is noticeable at
Patterson y. J.. where 100 silk weayers
have struck for higher wages at a time when
thousands are still receiving aid from the
cititiZen's relief committees. The general
tendency of prices is downward. leading
staples showing an advance IL IN &c c0nee OF q
Some varieties of leather have sold lower;
coal is Off % cents ton in New England;
wheat is down e cent; corn u cent; oats q
cent: cotton II cent; sugar = cent; pork %
cents a barrel, and lard Il cent pound.
'.As compared with prices one year ago
those for print cloths and lard are 40 cent
lower at this time. steel biilefs and pork 30 per
cent lower. flour wheat and corn 20 per cent
lower. while the decrease within year in
prices of wool are % per cent. iron ID per cent.
cotton II cent. sugar per cent. ana COuee
4 per cent Quotations for oats and cheese
are practically unchanged compared with one
year ago, while those for butter and petroleum
are higher.
exports of wheat from Europe and
Canada, both coasts flour inclnded. 600
bushels, against 1,.32 600 bushels last week.
g. 25l 600 bushels in the week year ago, nnd
290S, 900 bushels in the week two years ago.
The extraordinary increase of 2,252 600 bush.
els of wheat in stock afioat last week reported
by cable from Europe exclusively to Brad
streets was due to increase af1Oat for the
United Kingdom and in stocks at Odessa and
France. Total stocks of wheat are In Canada.
afloat for and in Europe increased lS2 .GOU
bushels last month, compared with an in
crease of So 600 bushels in February last year.
but contrasting with decrease of $685. 900
bushels in February 1892 and heavy decreases
in that month in three preceding years.
"There are only 90 business failures report
ed in the United States, compared with Us
week ago, 2l7 in the week a year ago and 241
two years ago. indicating business embarass-
mentS have reached a normal level much
earlier in the year following a severe panic
than had been supposed possible.
AT Chicago the volume of dry goods sales
is larger There are more buyers there, and
increased demand is reflected In sales of
cotton, dress goods, shoes, rubbers clothing
and leather.
"At st. Louis like influences have stimuiat.
ed the distribution of dry goods, hats and
clothing, while Kansas City and Omaha job
bers make corresponding reports; the demand
for light hardware and agricultural 1mple-
mentS being specified at these points"