The Wichita daily eagle., 1895-02-09
DUN's REVIEW OF TRADE.
For One Thing. the Bond Situation Has Re
duced Gold Exports, Naturally.

New York, Feb. S-R- G. Dun & Com
pany's Weekly Review of Trade, which
issues today, will say:
For a whole week the confident expecta-
ton of the sale of bonds has kept BACK
exports OF gold. Withdrawals from the
treasury amounted to about s2,eOOO put
were mainly for domestic purposes. NO
bond bill has passed or is likely to pass
congress, and in the two months ending
with February ], the treasury actually
lost S65, 900 coo in gold, of which y. .4oO. 90
went into circulation and S26so0,0o0 be-
sides the products of the mines, went
abroad. To arrest this outgo in either d.
rection is problem which another issue
of bonds may possibly solve. 1t is hopeG
that the negotiations with foreign bankers
may secure some Improvement, though ~
is clear that sales OF securities mere VIII
have the same effect as If the bonds were
placed in this country and they may not
be stopped by the new transactions.
The condition of industries If not not
definitely better, at least presents some
points of encouragement No advance
in the prices of manufactured products
indicates a better demand. On the con-
~ declined for the week and for the month
ard in comparison with prices OF OCTOBER,
$780, and are but SAL per cent, asainst
54.S per cent January l; puriaS the Va We
er prices at PittsbUrg, so that EesSeIner
iron receded a little. while structural pro-
ducts in spite of some large contracts:
are a shade lower. Some reduction or
wages are reported in bar iron and the
demand for rails does not increase.
There is a little better tone AT Phlla-
delphia ard sales of pig are quite heaVy
there, while at Chicago things are oTlght,
er Pig iron is in better demand ana
fair orders are coming for bar, buJ sITuc-
tural orders are delayed by severe weather
Tin has been lifted a shade by speculation
and lead is steady. but copper is $40" Oh
sale and weak at 9s cents for lake
In cotton goods there has been re-
duction in some brown sheetinEs, While
other Qualities are moving fairly al un-
charged prices. The general tone OF tue
couraging. \ large auction sale or silhs
resulted in prices about 10 per cent pelo"
the recent market or September prices.
In woods the finer grades Tor the heaNy
weight season have brought some lhcrtase ICr
in business but not at satisfactory prices.
while the duplicate orders in the IShI
weights are unusually large. sales OF
wool thus far this year have been li,5co,ooo
mounds domestic, against ISL. 'uO pouluS
last wear and 26. 2i5. $50 in lsS3. but OF ior-
sio-n II nSs $50 against 1.59i.3G last year,
ard 10 6S7, $50 in 1898. 1t is noticeable that
sales of foreign woods have not been ma
teriallv larger this year without duueS,
than they were in the same weeks OF IeSS
ard 1892. -. -
No Improvement in the price of farm
products has resulted on the someW hat
active speculation during the Week %heaI
being onlyIs cent higher than a Week ago
with western receipts ohly 1891 I,lI: pHslIeIa
against 2240556 last year, While exports
have been little smaller. Inc western W-
receipts for the month have been o,L4Z.ZI-
bushels, against 2,ii9,I 10 last year. Re-
ceipts of corn have been small but prices
have slightly advanced. Prices OF cotton
are unchanEed. although the receipts con-
tinue unusually large for the season.
Failures for the PAST week nave been
81 in the United States against - iaS .
year. and IS in Canada, against % last