The Wichita daily eagle., 1895-02-09
HELD ORDERS BACK
PAST WEEKS COLD WEATHER HAS
RESTRICTED TRADE
Seasonable Goods Have Been Stimulated, OF
Course--Stock Speculation Has Done
Nothing but Keep Firm and Wait on the
Bond Issue--Neariy All Important
Staples Show Favorable Signs--Live-
stock Firm with Upward Tendency
State of Iron and Steel--W eek's Grain
Moyements--FIorida' Freeze.
aIovements--FIorida's Freeze.

New York Feb. S.-Bradstreet's, tomcr-
row will say: Extremely low tenpera-
ture, snow and high winds have visited the
greater portion of the country this week.
and have had d marked influence by re-
stricting orders received by jobbers in all
lines. but they have tended to stimulate
purchases of seasonable goods. The New
York stock market has been waiting on
results OF currency legislation and the
expected bond issue. The uncertainty
about the latter checked buying. but the
beief that the issue would be announced
stopped bearish manipulation OF the mar
ket- The tone has consequently been
I, firm without any activity. Foreign eX-
change has broken to ass for demand
sterling on the sentimental influence OF
the anticipated sale of bonds abroad.
Wheat stocks available here, Canada
and afoat for Europe amounted to ISL
$4,000 bushels, on the first instant,
good deal more than was SO held on Ike
deals in 1889 to 1892 inclusive, 3, ;-3 $50 BUSH
els less than On that date last year
American wheat stocks decreased 6,g1i.o00
] in January 1885, against January decreases
of only SOS, ,000 to 80, GO bushels respectively
in 1894 and 1893. But this is offset by an
increase Of European stocks available and
af1oat last month OF $4,000, whereas in
that month last year, European and afoat
wheat stocks decreased 5,fSS, 900, and two
years ego $4,000 bushels.
Prices in the main, however, show a
favorable tendency, sugar alone CT lnS
more important staples having declined
within the week. Even cotton has re-
manned firm at last weeks closing quota
tion and wool and coffee are unchanged.
Prices are also steady for pig iron and
steel billetS, though request for the same
is not equal to expectations, improve
ments in this industry being in the de-
! Inand for plates, bar and structural var
ietieS.
Live cattle and hogs are firm with an
upward tendency, particularly within q
day two. Advances in prices lnclude
those for leather at home points, fuIts,
and products under the stimulus OF the
cold weather, and wheat, corn ana oats
and pork and lard Anthracite coal is re-
ported firmer with improved demand:
Exports of wheat lfour included as
wheaD from both coasts of the United
States amount to only :, 220, POI bushels this
week, against 2,403, 600 last week, 26IS,Op
bushels in the week one year ago. 1881 ,GW
bushels two years ago and 3,6il go bushels
three years ago. Weekly xports OF wheat
within the past four weeks have steadily
declined from 3,55i 900 TO ., go. .52l bushels.
The damage by the Florida freeze was
exaggerated. A large portion of the crop
had already been marketed. Only the
late crop and that held for higher prices
was caught and destroyed Some young
trees were hurt but old groves were prac-
tically unijured. Heavy losses fell on
large growers. a good but small crop is
expected this year. Results OF Florida
naval stores and phosphate industries,
truck and berry farming, are said TO have
been fairly satisfactory.