The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-08-03
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Ing a rush of orders out Of time many
imagined it would continue, and hur-
ried to give other orders. The jam
of two months business into one lifted
prices. Then other orders came to an
ticipate a further rise. But the mid
summer halt was inevitable and Ii Is
yet somewhat uncertain now how
much Improvement viii appear after
1t. The crop of corn promises TO be
the largest ever grown, and is almost
out of harms way. The crop of wheat
appears from later accounts perhaps
%, 000, 900 bushels less than was expected
a month ago, and had the best hopes
been realized ii would have been more
than 100. $780, 900 bushels short of full
crop.
Cotton has lost a little and more
people seem to believe in 7,000,0 900 bales
than believed in 100000 a month ago.
Larger stocks than were Immediately
wanted have been taken by traders, as
prices were advancing and these tend
to limit future orders.
The general advance in many prod
ucts also causes a reluctance TO pur-
chase and the distribution of the past
half year has been in part TO make for
stock and individual supplies depleted
during the two years Of economy. On
the other hand there has been an enOr-
a considerable increase in wages paid,
which enables peopleto buy more free
~. Strikes Of some Importance appear
but do not threaten to last long, though
a strike of coal miners may for time
effect business somewhat extensively.
The hopeful spirit prevailing in near
ly all markets may find its warrant IN
spite of some shortage in crops.
For the first time since the rise IN
prices of iron products there have been
some concessions to retail business and
efforts OF new works 10 get orders
tend to check the advance In spite
of this the general average Of prices
is higher. bar having risen relatively
more than mill iron has declined. The
market for pig is quiet and on the
whole remarkably strong with the
prospect of an increased output. Fin
ished products are generally strong
with more demand than can at present
be met for plates and for bar The
structural demand continues large. in
GLIDING 5000 tons for one new building
at One Hundred ana Ninety-eighth
street but the demand for rails is yet
delayed.
Great speculation in copper stocks
has brought out some extravagant
statements Of demand and profits, but
11I cents has been paid in some cases
for lake and the demand Is actually
heavy. Tin has remained strong IN
spite Of large arrivals and visible
stocks 5000 tons larger than usual and
lead is stronger in tone.
Business in cotton goods has been
the largest in July for several years.
reckoning deliveries but rot large as TO
new orders. \ further advance Of i.
cents per yard has been made with mod
crate demand for some bIeached and
brown goods and prices are firm for
sheets and drills while colored cottons
are quiet with occa sioaal advances.
Sales of wool have been only s079. s5n
mounds for the week against 1895. 400
in 1892.
Wheat suddenly rose cents OF bad
reports Of condition but has dropped
all the gains As the scantiness Of ex-
ports IS felt. shipments in July having
been only 3495 o. bushels. -four i7clu-
ded. for Atlantic ports. against s. So s33
last year. Western receipts continue
very small and farmers appear 20 BE-
holding for higher prices
Corn Is a shade stronger. although
the REPORTS are decidedly favora bic
Cotton has risen an eighth n price.
wholly on bad condition ren0-ts hut
az the lowest estimate the years yield
with stocks carried over VIII exceed
the worlds demand. Heavy sales =
coal are reported at prices az least y
cents below the circular AMI the mar
ket = much Gemoral-Zzi with fear %
auction sales
Failures for the week have been esi
in he United States against go last
wear and 5 in Canada against IL last
year.