The Wichita daily eagle., 1895-05-11

| New York. May 1o-R G. Dun &
Co.'S. Weekly Review of Trade, which
! issues tomorrow, will say: The event
| Of the week is the decentralization OF
foreign exchange caused by enormous
sales of bonds abroad. Besides a sale
| of $4,000 900 Manhattan and other rail-
road bonds through the syndicate
large purchases on foreign account
have been recovered for some weeks
so that the aggregate probability ex-
| ceeds $4,000. 900 since the last sale OF
| governments. Safety for the summer
means much for all business, and the
! syndicate deems it so fully assured
that it distributes 40 per cent OF the
money advanced by the associates.
which relieves a large amount to stim-
| ulate operations in security and pro-
ducts.
Crop prospects also have greatly
improved and this is of still higher i'm
portance as it will do much 10 deter
mine the character and volume Of all
business after summer uncertainties are
over. In addition business is reviving.
although the gain in industries Is re-
tarded by many strikes.
Sales of wheat for the week have been
1000. 600 bushels against 81, 900 900 the
previous week and 81 .00o. 900 one week
before and sales OF cotton 542. 600 bales
against 1.046,000 the previous week and
1.ls2, 900 the week before. But Thurs
day brought new activity. Wheat had
fallen 2a cents but rose cents that
! day. Western receipts are l .45I, 100 bu-
shells against 1.26l, 164 last year, and
Atlantic exports, flour included, 6.115.-
051 bushels against 2.2l4,041 last year.
In three weeks since the rise in wheat
these exports have been 5,1s0lI bush
els against 7.s49.971 last year. Pork
| has fallen % cents per barrel. lard 20
cents and hogs so cents per 100 pounds.
Cotton is lower, and receipts, in spite
OF bad prediction of a great decline,
still exceed those of 1892. The industries
were distinctly gaining when strikes be
gan. which have spread quite widely.
Garment workers inseveral cities and
Pocahontas coke workers are still out
with several thousand woolen workers
near Providence. Other woolen mills
and the furnaces in the Shenango and
Mahoning valleys, which were making
%. 900 tons per week. have stopped, and
the Illinois steel works, the largest
western concern. so stocks are direct
ly affected which produced 2S per cent
of the entire output April /. The
Amalgamated association also pro-
poses a struggle over the new wage
scale.
The output Of iron still exceeds the
consumption but has fallen 1,57s,o00
tons weekly in April, TO 150,554 May 1.
Bessemer zig has been raised to SIC. 80
at Pittsburg and the general demand
for finished products does not equal
the recent output but is distinctly In
creasng, bars and sheets selling more
largely, though structural speciflca-
tions are disappointedly slow. The
more noteworthy gain is In orders for
steel rails, 10000 tons for the Pennsyl-
vania and $4,000 for a western road.
Coke production still lessons, 6,722 tons
for the week and 1886, or % per cent
in the past two weeks. Tin has been
raised TO IA cents and copper 10 101s
cents by increasing demand.
Sales of wool for the week are less
than in 1892 but larger than in the past
two years, though prices do not rise.
Rather more demand appears for mems
woolens. but cancellations are also
more numerous and imports OF wooden
goodswith Withdrawals from ware
houses were about $4,000, 900 IN the
first quarter of the year against about
s.. 900, 600 last year. Cotton goods con-
tinue strong, Mills being well employ
ed. and they hold heavy stocks OF raw
cotton bought at low prices.
The failures this week have been 227
in the United States against 206 last
year.
Judiciously kind mothers always look
ing out for their children's good. insist
upon DR.. Prices Baking Powder being
used in buiScuit, doughnuts and cook