The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-09-21
and Wooden Goods-Bradstreet'


New York, Sept. 20.-R. G. Dun &
Cos. Weekly Review of Trade will say:
In spite Of gold exports, wheat advanc-
ed for some days. in all nearly cents.
mainly because a single Spectator
bought, but on Friday fell about cent.
Corn rose and fell in sympathy with
wheat. with as little reason. Western
receipts for three weeks of September
have been 1871 $50 bushels against To-
49,, 629 last year while Atlantic exports,
-four included, have been 3,941,693 bush
els against 1862, 1856 last year. Good re-
ports of foreign crops, weakness of flour
in Minnesota and large exports of corn
from this country. all work against
rise in wheat though scarcity OF con-
tract grades may help a speculative ad-
vance. Pork products have been rea-
sonably yielding, with prospects of
large corn crop, but before the close had
a stronger tone. The cotton market,
lifting and falling a fraction each day
alternately, shows no settled tendency,
big stocks balancing an undoubted but
as yet not definite decrease in yield.
The surprising increase in production
and advance in prices of iron seem TO
bring a natural check, as prices have
gone so high a s to cause some purchases
from Europe, both of pig and finished
products, and have also caused dis
tinct shrinkage in home demand. Pig
bought at Middlesboro for America and
foreign ore ordered in large quantities
to make iron in eastern furnaces have
depressed bessemer at Pbttsburg 10 SIS
80 though grayforge is higher. at s13.4O;
Lake ore and freights have advanced
and the beginning of a strike os the Con
nellsville coke workers will tend TO pre-
vent reduction in prices unless soon stop
ped by the concession of the IL per cent
advance in wages demanded. While
the coke production is very large and
contracts for the year remain at 81 80 for
furnace coke, which sold early this year
below 81 per ton, ii is believed that
higher wages can be paid without af-
fecting the market for finished pro
ducts which had Wed still more. Re
fined bar is quoted at las and tank
steel at cents at Philadelphia and the
combination has raised cut z lils cents
so that the average of al iron products
has risen 1-2 per cent in September
and So 1-2 per cent since the lowest point
last January and is now higher than in
October. 1892. Nearly all mills in OPP
GRAFTON have orders enough for some
months. though present decrease in
demand is admitted.
Leather was further advanced in some
qualities. though the rise OF 81 per cent
for the first half Of the year on sixteen
qualities has been followed by only 2
per cent rise since July 1, and this week
a break has occurred Of 2 cents in I'm
ion crop. Hides are per cent lower
than in July.
The cotton mills which laid in stocks
OF cotton below cents are enriched by
the advance in material and enabled
to make frequent advances in goods.
which are sustained. The present de-
mand is dull but there are no reports
OF stoppage and the threatened strike
at Fall River does not come. The
wooden manufacturers are doing we'll in
dress goods and hosiery but the de-
mand for mems woolens is much restrict
ed and a few mills have closed. Sales
OF wool are smaller than last year, and
for the three weeks only 17,133,470 Tbs,
OF which 7,7lS,370 were foreign against
24,572, 400 pounds in 1892 of which 1884,
600 were foreign. Prices of foreign
wool are so low that purchases for ex-
port have been made.
The failures this week have been 213
in the United States against 210 last
year and 81 in Canada against As last
year.
Bradstreet's Review of Trade says OF
grain movements for the week: Wheat
exports, both coasts. United States and
Canada, aggregate 2.53S, 900 bushels this
week flour included as wheaD, gain
OF one-third over last week, but in con-
trast with 1887 900 bushels one year ago,
4,I21, 900 bushels two years ago and g.
Ill 900 bushels in the like week of 1892.
New York. Montreal and the Pacific
coast shipped more freely. Total ex-
ports of Indian corn aggregate .505. 900
bushels this week. twice what was sent
out last week, much larger quantity
than in like weeks in preceding years
and the heaviest weeks total since April