The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-03-16


However, Since the Situation stiil Very
Remtely Resembles What it should Be-
Some Causes Of the Present Attitude
of Trade Temporary and Others Ficti-
tious-Cotton Rises on Belief in Re-
dueed Acreage-Farm Products show
Gains on the Week-Bradstreet's.
New York, March 15.-R. C. Dun &
Co.'S weekly Review Of Trade which
issues tomorro viii say: Substantially
ali indications Of the state Of business
are rather favorable. Farm products
are little higher; railroad earrings a
shade better, clearing house ex-
changes a small percentage larger, in
comparison with two years ago, than
in February, and most Of the indus
tries show a somewhat better front,
though their gain is not large. Money
markets continue undisturbed, but the
operations Of the syndicate still pre-
vent exports Of gold and Withdrawals
from the treasury have OF late prac-
ticaliy ceased. There is not much en-
thusiasm about tlIs situation, how
evr, because the gain is slow and bust
ness is a long way from what is con-
Sidered only a prosperous condition.
Further the gain is III some cases due
to obviously temporary causes, and 70
some causes which do not makep rOs-
perity.
The higher price of cotton, which has
risen to SOC cents. results from the be-
lief that the acreage this year viii be
greatly reduced. Wheat has risen \
cent because the government report OF
only $1,000 900 bushels IN farmers
hands March l, though practically no
body in the trade thinks the estimate
correct. and the accepted estimates are
about 90, 000, 900 bushels higher West
ern receipts have again risen above.
and exports continue below, last year s.
Partial loss of the cotton and wheat
crop, or a great decrease in produc-
ton would hardly be an unmixed bless
ing to the country Corn has risen /
cent following wheat; pork s1.25 per
barrel and hogs 10 cents and lard 90
cents per hundred pounds.
The OUTPUT of pig iron March ! was
1856 79 tons, a decrease since February
! Of GAP tons weekly, and the increase
of unsold stocks was 81, 500 tons in Feb
ruary. or 1925 weekly. Since Janu-
airy 10. the weekly output has decredS-
ed II, 435 tons and the accumulation Of
unscld stock has been 1255i5 tons.
Prices do not rise and except at Chi
cago there seems to he no general in
crease of demand. This Improvement
is observed in nearly all parts Of the in
dustry, particularly in materials for Il
great implement works and at Pitts
burg the demand for StruStural forms
continues large. But for the great
number of new buildings that are
climbing toward the sky all over the
country, the condition Of the industry
would be much less favorable. Bess-
IL. .-N.r =
while the demand for bar improves, 1t
falls short of the supply. Sheets are
inactive and also wire rods without
change in price. At Philadelphia
prices are no ffrIner nor is the demand
larger and reports of coming advance
in coke and ore do not stimulate the
buying. Tin is a shade stronger, but
copper lower at 9.37 for lake.
In the ctoton manufacture there are
signs OF Improvement apparently
caused by the advance in raw cotton,
giving greater confidence that present
volues for goods Will be maintained,
so the fall in print cloths has been
checked and there is more buying Of
goods. In the finer and fancy wooden
goods there is moderate business
while agents for low and medium grade
are Wanting for recorders, though
some already have sold enough for the
season if no cancellations come. Sales
of wool were 4,6S3,20O pounds against
5,151,7 last year, and markets are
quiet without change. though il is
easier to sell at quotations because
prices have advanced abroad.
Failures for the week have been 266
in the United States against 264 last
year, and fifty-SeVen in Canada
| against tifty-three last year.
Astronomers claim there are over L.
| 100000 comets in the solar system alone
Almost as many as the so designated
! baking compounds Discriminate and
insist upOu the best. Prices Cream Ball-
ink Powder