The Wichita daily eagle., 1894-06-09
sRADsTREEr's REVIEW.

| NEW YORK, June S.-Bradstreei' tomor-
row will SAY: Nearly all the unfavorable
business conditions of the past three weeks
continue TO exercise AL influence. The
few exceptions where improvement is no.
ted are of practically local importance.
Retail trade nt many centers has been in
terfered with not only by unfavorable
weather and py further restrictions OF the
purchasing power of thousands of wage
earners, but by further Industrial trouble,
| aud by shrDkage in production. Business
| failures do not increase materially in
| number or importance, the total beiug 207
compared with 1S3 last Week. 293 in the,
| week a year ago (when the commercial and
| financial disturbance WAS beginniug to
make itself felU aud 163 in the week two
| years ago.
Available wheat, United States, Canada
/, and afoat. decreased more than
10000. 900 bushels last month, against
an average decrease in the month of May
In live preceding wears, OF about D, Geo, 600
| bushels each. Five months decrease of
domestic aud Canadian wheat stocks for
1894 is high average compared with like
proportions OF the five preceding years.
Notwith> >tanding these exhibits Brad
streets returns point to an accumulation
in he United States and Canada of
So 200 600 bushels of wheat on June l and
| twice or three times much aus Was so
held on June l in several preceding years
Exports OF wheat, United States aud
Canada. both coasts. for the week ending
June Z, equal 2,742, 600 bushels against
2.400, COO in the preceding week, 100000
bushels in the week a year age and 8 052-
coo bushels in the like week of 1892
The number of business failures in the
Dominion this week is 81 against &c last
week. 36 in the week a year ago and "a in
the week the year before that.
Brad.treet's Financial Review will say
tomorrow: Speculative activity has been
on slightly increased scale. Narrow
conditions however continue to surround
the market and the want. of any geue-al in
terest in railroad and other securities is
apparent. The professional element in
Wall street and other cities see m 10 be
still responsible for the bulk of the tran
sactions in the share list. though this
week has presented evidences of renewed
activity Oh the part OF some OF the larger
spectators. The extensive short interest
has furnished material for fairly general
improvement in quotations based upon
she adoption OF the sugar schedule in the
senate. on the rejection of the measure re-
pealing the ten per cent tax on state
banks calculations and on the advance in
price of wheat.
Financial circles were undoubtedly en-
couraged by the defeat of the proposition
To permi. state banks to make note issues
The vote against the measure was unex-
pectsdly large and the feeling in such
quarters Is that considerable aovauc-
has been made toward the settlement of
the currency and banking laws on con-
servative lines. AS speculative factor,
however. this matter Was subordinat ed to !
the adoption by the senate of the amended |
sugar schedule of the tariff BILL The con- |
clusIon drawn. by the street that this |
action indicates the speedy passage by the |
senate of the entire bill and the consequent |
release of business from the uncertainty of |
which the state of pending tariff legisla- |
tion has been tue main cause.