The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-06-29

Year--Week's Failures Bradstreet's.
New York, June 2S.-R. G. Dun &
Co.'S Weekly Review OF Trade, which
issues tomorrow will say: Business is
better although the crop outlook af-
fecting prospects beyond the near fu-
ture is little less distinct. There is
more ground for doubt about winter
wheat and cotton than a week ago
and threshing receipts are comparative
iy low, though the prospects for spring
wheat are exceedingly good. The price
quarter OF cent lower, for the week
is beyond mistake too low, il the latest
impressions OF injury 10 winter wheat
are correct. Receipts for the week are
relatively small. but for four weeks
have been 5,l6.41i bushels, against
5,l94,52S last year, While Atlantic ex-
ports, -four included, have been for
four weeks, 4,912,729 bushels aginst 7,44i-
002 last year. Corn has declined a frac-
ton and pork is steady.
Cotton has fallen 3-16 cent to cents
in spite OF reports fserious injury by
rains in Texas and louisiana \ light
buying by northern spinners surprises
the market, for their takings have been
more than enough for the year consum-
ton and returns show great decrease
in exports of cotton goods.
Speculation has even spread 10 the
wool market and with an advance Of
about 1 cent in prices, the sales have
been the largest ever known for any
week@,011 800 pounds aginst 1856, 600 in
1S92. In four weeks of June sales have
been 1912, 49, domestic and 1;,45l. 500
pounds foreign but in 1892 they We're
Is, $40, $50 domestic and 1927 500 foreign
A growing belief that the domestic clip
IS short and an idea TIT the coming sales
beginning July Will show higher prices
have been more potent than a little in
crease in the manufacturing demand
and the price has advanced at all mar
ketS. Light weights and mixed goods
hesitate and some are lower than a year
ago. but since the Washington mills
opened clay worsteds at a slight adj
vance, other medium and better grades
have been stronger in tone. The labor
troubles are passing with frequent ad
vanceS in wages.
Copper has been strengthened by n
large sale of Calumet and Hecla for
export al 10$4 cents. which is now quo
ted, while tin is slow at S14.05 and lead
at S3.271a. Iron still advances. bessemer
selling for $3.50 at Pittsburg, and Grey
forge at $11-S0. A further advance in
structural forms is expected. The west
ern demand for steel rails at the adj
vance of 81 per ton is quite good. The
rise in bar is maintained. and plate
and sheet mills are crowded so it is
difficult to place orders at current pric-
es.
The half yearly report OF failures
next week will include about $500
against 7,0S9 for the first half of last
year, and assets of about 8. 900 900
asinst s101, 57S, 152 last year. But for the
Cordage concern, the aggregate would
be nearly % per cent less than last year
and the manufacturing liabilities % per
cent less, but including IL, the manu-
featuring Liabilities will be about $40,-
100000 against 81. 376,l20 last year and
the trading s45. 600, 900 against $50 .345 .97S
last year, while miscellaneous liabili-
ties were only 5000. 900 against 1885 072
last year.
Failures for the past week have been
256 in the United States against PA
last year, and % in Canada against 80
last year.