The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-04-06


Prices are Improving. Not Only for Raw
Materials bu. 70. finished Products as
Well-Cotton Continues Strong-North-
western Rains Better Wages--HeavieI
Wheat Shipments--Dun's Review.
New York, April .-Bradstreete to-
morrow will say: The appearance of
more settled weather, together with
the announced increase in prices for
fessemer pig iron and steel billets con-
;tinued strength to cotton, stimulated
manufacturers to demand higher
prices for fall delivery, rains in north
western wheat regions where greatly
needed, further increases in wages OF
fndustrial employees, heavier shipments
OF wheat abroad and the raise of the
weeks bank clearings above the $780,
poo 600 mark are evidences of the con-
finuation of a better feeling in trade
circles and returning confidence in
many lines of business.
the list of increases Of quotations
Tor staples Includes hides and leather,
with prospect for further advances
one result being extremely firm News
OF makers OF shoes, cut meats at west
ern points as we'll as for cattle and bes-
semer pig and stel billets 30 cents per
ton which resulted in better demand
tor car. wagon and implement iron,
as well as for pipe and finished ma
teriai genrally. The prices were un-
changed for hogs and pork, refined
sugar, coffee copper and cotton. De
creases OF note are of lard, lead and
1ractlonally for wheat and oats.
There are 220 business failures re-
Ported to Bradstreet's this week as
compared with 232 last week and 195 in
the corresponding week of 1894, 1S6 two
years ago and 165 three years ago
Some New England cotton manufac-
turers have sold a years output for eX-
port and have cheap raw material to
meet the contracts. Wool and wooden
industries report less activity but the
improved prospects in iron and steel
ana advances in petroleum and for
lumber at almost all centers, with ac-
tivity in the building trades, are hay-
ing an influence.
Exports Of wheat, flour included as
wheat, from both coasts of the United
states this week amount to 1858 93:3
bushels, nearly 300, 600 bushels more
than in the preceding week, about 10
600 bushels more than in the first week
in April, 1894, but 100000 bushels less
than in the like week of 1892. and so 600
less than in 1891. Domestic available
wheat stocks have decreased within
three months 25,300 900 bushels. twice
the corresponding falling off in 1894
and five times that Of 1893 American,
Canadian, European and afioat avail
able wheat stocks decreased %, 200 900
bushels during the past quarter, more
than in like period for four preceding
years. Australian wheat stocks in
creased 6,S0O,000 bushels since Jan. 1,
last. In a like share of 1894 the gain
WAS 200. 900 bushels.
General trade in Toronto continues
dull and prices remain steady, notwith-
standing the uufavorable weather.
Dun's Review of Trade.
New York, April 5.-R. G. Dun & Cos
weekly trade will say: Returns show
n;S the condition Of retail trade in
March throughout the country and the
distribution of goods, of final COMPARE
son with the same month in 1894 and
1899 give gratifying evidence that in
most trades and districts marked i'm
pTuTement over 1894 is realized, though
on the whole trade is smaller than in
1898. Everywhere, also, the occurrence
of Easter in March last year but in
a pril this, is found to account for much
difference in the volume of retail trade
in quantities of goods sold. 1t is never
thelesS larger than last year, but on the
whole smaller than in 1898, the main
difference in comparison with 1898 being
found in the general decline of prices,
which makes trade in value smaller
even where il is clearly as large or
larger In quantity.
Accounts from the chief centers OF
wholesale trade are also encourag ing
this week. There is not only hope
FIJI spirit but there are real gains in
business, though not equally di3tri-
buted geograp hically or as to branches
of trade. The best news from the in
dustries is that labor troubles have been
settled or avoided. Next in Importance
Is the better demand for manufactured
articles which gives reason to hope that
recent advances from the bottom may
prove successful.
Following the rise in coke there have
been tins week sade of 2,0e0. 900 tons of
lake ore at about 10 cents advance and
finished products are no longer inactive,
bessemer iron rising to S1065, grey forge
TO S6.25, common bar TO 80 cents, Struc-
tural angels to S1.05 and plates 81 ped
ton. Chicago shares in the rise and
the Illinois Steel company has achieV-
ed notable success in tiing the con-
tract for steel plates for ship yards at
Newport News. Eastern works gain
more slowly, Notwithstanding the low
price OF anthracite coal. The produc-
ton of Connellville coke for the week
is 16S 1el tons, the largest on record. but
there is some fear that higher coke and
ore must close the works. Copper is
firnler, as sales OF the stock taken from
the French syndicate removed a load
off the market for the last six years
and tin has been stronger with tin
plates, because OF purchases for Pacific
coast Gamers.
The cotton manufacture once stimu-
lated by the rise in raw cotton goes on
l., -.
Better demand appears forT>any quail
ties and in some, slight advances in
price. Sales OF wool reflect the renew
ed confidence of manufacturers as
strikes are out of the way for 1875, 1000
pounds were sold last week against
1 .e4S 200 last year. No rise in prices Is
seen or expected in view Of heavy sales
and receipts Of foreign wool.
STARTS FOR WICHITA MOUNTAINS.