The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-02-10
TRADE NOT FAVORABLE.
Bradstreet's Review Gives the Reasons
for the Depression.

New YORK. Feb. 9.-Bradstreet's tomorrow
will say:
"The unfavorable features in general mer-
chandise lines are conspicuous In the slow wool
market, following the spurt given sales of that
staple, particularly at Boston, in the preceding
two weeks, when the quantity sold exceeded ~
100000 pounds. and In the appearance OF un-
seasonable weather in the south and west, and
reports from Baltimore that general trade for
February opens disappointingly, results being
smaller than expected. There are forty resump-
tions of important industrial establishments
this week. contrasted with announcements of
the shutting down of only six similar concerns
IAN easier wool market at home, emphasized
by weaker market at London, may be con-
trasted with the fair jobbing movements in gen.
eral dry goods among leading houses at eastern
centers, which report the volume of trade for
January fair. notwithstanding sales were In
small lots. A favorable surprise is found in the
results of the public sale of home and foreign
silks at New York. the prices paid, instead OF
resulting in loss as predicted, furnishing fair
margin of profit. and pointing to the willingness
of dealers to replenish stocks in advance of i'm
mediate demands. There is again also move
ment of mems wear, woolens from eastern
countries. and the increased demand for steel
billets at Pittsburg and at Chicago is such that
prices are nearly, if not quite. 81 ton higher,
and more than 10000 tons of steel have been
contracted for. The demand for rods wire and
nails has increased as WELL and some mills have
refused further orders at current prices. Sales
of southern pig iron have been increased at the
west.
Exports of wheat from both coasts, -four in
cluded amount to 2. O0O bushels, moderate
gain over last week when the total was 2,Oo3,OO
bushels, but much smaller total than one year
or two years ago, when the aggregates were re-
spectively 1881 900 and $1,000 bushels. During
the first five weeks OF the calendar year earl iS?z
Canada. east of the Rockies, declined about 2
100000 bushels net. In like portion of 1881,
they increased about 100000 bushels net. but
this year there is net decrease of more than
600 000 bushels. 4.
"a good deal Of eastern money has been sent
west. it's use being noticeable at Omaha and
Duluth.
''The volume of trade is fair at Cleveland, but
sales are in small lots.
''At Cincinnati there is no change, except that
manufacturers report more life IN inquiries
There is slight increase in business at Louis
vile particularly in leaf tobacco, sales of which
are satisfactory and prices higher.
"Shipments of dry goods are more consplc-
nous from Chicago. although the, hardware
trade has not improved. There is better feel.
| ing at St. Louis, based, in part, on improved
| conditions and better demand for iron, steel
! and leather. A fairly active trade is reported
| from Kansas City, among both jobbers and re-
| tailers, which is true of wholesale dealings in
groceries and provisions at Omaha. Business
| generally is quiet at Milwaukee, although a
| slight improvement Is reported at the banks.
St Paul reports a better trade than for weeks
previous, jobbers being fairly busy and the aver
| age size of orders larger. slight but percep-
| tible improvement is also noted at Duluth
where the factories are enlarging outputs.
| Portland, Or, reports business dull but col
| lectons improving, San Francisco reports bags
| higher owing to the outlook for larger crop OF
wheat
Toronto reports only limited volume oi
busine s. with iron prices irregular and hog pro-
| ducts lower"