The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1895-04-20
FAIR PROSPECTS.
The Volume of Business Shows
Gratifying Increases.
Advance of Wheat and Oil Has
Helped.
CONDITION OF WHEAT.
The Signs Are Favorable for a
Good Crop.

New YORK, April O-Bradstreet'A
to-day says: The volume of general
trade has maintained the previous
weeks proportions, and at some points
shows noteworthy increases, as COM
pared with the total a year ago. The
reaction IN petroleum prices appears to
have been overcome and the tendency
is again upward, based on a drop in
stocks from about II 900, 600 barrels of
Pennsylvania. oil in January, 1894, to
less than 5000, 900 barrels of merchant
able oil. So marked and rapid has
been the appreciation in price of petro-
leum that specula ton in it has been
excited.
Further advances in quotations are
noted also for wheat, on improved de-
mand for export; cotton, on a wide
consumption, present and prospective;
print cloths and other cotton goods,
because of higher raw cotton; Besse-
mer pig iron, on the increase of cost of
ore, coke and labor, and shoes and
leather, on the further stiffening of
values of hides. The upward turn of
prices for dressed beef and live cattle
has been maintained. Coffee is lower,
as are lard and oats, but Indian corn
and pork remain steady at last closing
quotations. Wool is barely steady, as
consumers are waiting the new crop
before buying.
Exports of wheat from both coasts of
the United States this week, -four in
Guided as wheat, show third weekly
gain in succession. with the total
amounting to 8, 165, 900 bushels, against
1894, 900 bushels last week, 3.019, 600
bushels in third week of April, 1894;
1905, 900 bushels in the like week of
1898; 3.1O7, 900 bushels in 1892, and as
contrasted with 3, 222, 900 bushels in the
corresponding week four years ago.
ABOUT WINTER WHEAT
TOLEDO, O., April 20.-During the
past four days C. Aiken & Co. have re-
ceived replies from 1899 reliable grain
dealers and millers, covering every i'm
portant wheat county in the six prin-
cipal winter wheat states, which raise
two-thirds of that crop in the United
States. Present prospect for the
growing crop is very favorable.
Seven hundred and twenty-one
dealers report prospects excellent;
1923 good; 1,O56 an average
crop; 42s trif1e below average; 1913 poor
and 28O for half a crop or less. Mis-
souri, and Illinois show the best. Ohio
and Indiana promise over an average;
Michigan trife below, and Kansas
very poor crop. Prospect has improved
during the past fortnight, except in
Kansas. Seven hundred and sixty-six
say it is much better; 1891 improving;
LOSE as we'll; 27s a trif1e worse, and 90
much worse. More rain is needed.
Prospect now averages about the same
as a year ago, but the crop is not quite
as forward. Acreage is trife smaller
than year ago.
Kansas reports that about half of the
acreage sown there was winter-killed,
or has been abandoned. Other states
report only the usual amount winter
killed; two-thirds of all the reports say
no damage of consequence.
Interior mills and warehouses have
much less wheat than year ago.
Only 90 report more on hand now, 886
about the same, $50 one-fourth less, 222
one-third less, 1850 one-half less, 2O6
two-thirds less and 763 none left.
Farmers also have much less wheat
than a year ago. One hundred and
sixty dealers say that they have more,
TAG about the same, 63e one-fourth less,
222 one-third less, ], 448 one-half less,
800 two-thirds and $50 none left.