The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-03-09
Duu's Review of Trade.

New York. March S.-R. G. Dun X
! Co.'S. Weekly Review of Trade, Whlch
| issues tomorrow viii say: Congress
ional adjournment and proof that'
though the rate of exchange raises 10
and even above the shipping point,
gold does not go out, have produced a
much larger feeling. Prices do not i'm
prove and there is on the Whole no
gain. but come loss in wages, Whlie
strikes of Il. coo coal miners near Pits
burg and several thousand oulidlns
warkerS, besides strikes in ten or lWelNe
textile iron establishments further les
sen purchasing power for the time, but
there is anticipation of improved de-
mand for goods in general and many
are manufacturing and buying beyond
present needs on the strength OF II.
Cotton has raised 4 cent from the
lowest point on record. though receipts
have been 101 ,629 bales against 500
last year, for the week. The rise Is
due to the belief that acreage VIII be
reduced this year, but stocks IN slght
are so large as to make sustained ad-
vance difficult. Wheat has risen 3 of
a cent. because of rumOred injury 10
grain in some states. Receipts for the
week are nearly as large as last year.
but in February 4.9l0. 446 bushels against
7015. 909 last year, with Atlantic eN-
ports 1889, $40. against 3,2lO,2oV last year
Stocks in sight are enormous ana west
eru accounts make the stock OF wheat
in farmers hands very large. Corn
has declined !. cent. though receipts
are not half last years, with exports IN
significant Pork, lard and hogs are
a shade higher and beef has advanced
TO the highest point since July
Three causes help the iron industry
for the time. expectation OF another
great strike at coke works. reports that
!. ara.l y
crate increase in demand for products
Sales of bessemer iron TO three great
Pittshur- companies said TO aggregate
1851 600 tons, protect them against the
change in ore. and the output OF coke,
over $50 600 tons. and shipments larger
than ever, seem TO prepare Tor strike
The increase in demand Is on the whole
small, much OF il due TO new building
throughout the country. and somewhat
better for sheet and wire nails, while
wire rods and plates are in fair demand.
but prices have not advanced. Com
mon bar is shade stronger at Pitts
burg and finished products are less
shaded al Philadelphia, while at Chica-
go a better condition is seen IN most
branches. Copper has been depressed
bv competition TO 9I2 cents for lake and
lead is offered more freely at 81 cents.
while American makers Of tin plate are
putting prices sometimes lower than
those az similar imported plates.
Strikes 10 resist the reduction Of
wages in several textile works and re-
auctions effected in some others by no
means contradict the accounts that the
mills are receiving somewhat better
orders. Prices of goods are very low
and print cloths have fallen TO "a cents
below any former record The rlss n
cotton helps the goods market this
week. but is not guaranteed 70 last
In WOODEN goods the initial demand for
heavy weights is nearly over. with
fairly good bushes III some lines but
only moderate in others, while continu
ed and numerous cancellations in low
grade and medium good give makers
much embarrassment. But sales uf
wool have been 4.S5S.3o0 pounds. al
most half foreign. against 5.iSo.20e last
year. only quarter foreign
Exchanges through clearing houses
are 80 per cent larger than last year