The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-01-05
THEY ARE HOPEFUL
MERCHANTS ARE WAITING FOR THE
GOOD TIME COMING.
are Sending Out Commercial
ence is Had to the Currency as q Matter
Necessary to be Settled--stocSs West
and Northwest Unusually Smau--Lowest
Last Years Bank Clearing Lowest In
Nine Ycars--Year's Business Failures.

New York, Jan. 4.-Bradstreet's to-
morrow will say: There has been no
material improvement in general trade
within a week. Jobbers and other
wholesalers are sending out, or are
about to send out, commercial travellers
and in many instances have not finish
ed the years accounts ard stock TAX
ing. A tabulation of Bradstreet's tele-
graphic reports from the more import
ant trade centers does not reveal
specially hopeful views as to an i'm
provement in business in the near fu-
ture- In many instances trade revival
is declared to depend on a settlement
OF the currency question. The most en-
couraging expressions Of opinions are
that merchants are hopeful
Among more favorable conditions are
reports that stocks of all descriptions
in the hands of jobbers, manufacturers
and retailers west and northwest, are
generally smaller than usual at this
season; that the business in dry goods,
hats, shoes, millinery and groceries has
been fairly satisfactory and that cold
weather has stimulated demand for
coal and SeaSonable fabrics.
The telegraph communication in the
northwest and in the Pacific coast has
been interrupted by storms and the
movement Of sugar and rice in Louisi-
ana is checked along with demand.
Less fsvora BILE is the announcement Of
the lowest price on record for iron and
steel, bessemer pig iron and steel bill
let's each having declined Is cents a
ton. Print cloths sell at a shade I'M
der last weeks quotations. Coal, too,
Is fractionally lower; pig tin is lower,
as are port, raw sugar, Indian corn.
live cattle and hogs. Foreign compe-
tition with American wooden dress
goods for spring delivey is shap and
domestic fabrics are rather neglected
although many mills are busy on or
ders for men wear and woolens. Fol-
lowing the list of decreases In prices
are leather, lumber, coal, naval stores,
coffee, oats and cotton, for which quo
ta.ions have been maintained. Cheap
CT grades OF shoes at eastern factories
are higher, as are wheat and lard.
Total bank clearings at sixty-nine
cities in the United States officially re-
ported to BradStreet'S aggregate for
the calendar year 1894, S44, $50, 000. 900,
sixteen per cent less than in the panic
wear 1898, and 20 per cent less than in
1892 the year of the largest volume of
bank clearings. Clearings for 1894 con-
sutute the smallest aggregate for nine
years.
Total exports of wheat, -four includ-
Ell as wheat, both coasts United Estates
the telegram from Portland. Ont, not
yet received), amount to :, 6S4, 900 BUSH
els against l, S14 900 a week ago, $780,
GOO in the week q year ago, 3.00S,0 900 in
1892. and compared with 2,076,00G in
1891.
Available wheat, United States and
Canada, Jan. ], aggregated 127 ,009, 900
bushels, j., 1000. goo more than one year
before, II 600 900 more than two years
ago, and 100000 more than three
years ago. Wheat afloat for and in
Europe on the first inst. aggregated
7,744. 0G0 bushels, a falling off of %. 200,-
600 from q year ago. 10.500,000 from
TWO years ago. and 20, 10000 from three
years ago.
I The most bullish feature OF Brad
streets regular monthly report of all
American wheat stocks is found in the
neat decrease of 689, 900 bushels ia avail
able supplies in UnitedStates and Cana
ia during December last, whereas in
four preceding years December avail
able stocks Of wheat here and in Can
ada each increased on an average of
between four million and five million
bushels. Available wheat in the Unit
"a States, Canada, Europe mad afioat
Tor Europe Jan. !, increased only $4,000
bushels in December. In December
1919. there was decrease Of 163, 900
bushels and in the year before a gain
II 6.55S,00o bushels. The least bullish
feature of the report is the supple
mentary report giving uDcouuted
stocks Of available Russian wheat a
the interior. These are reported
monthly from June 1 last, when they
amounted 70 $500, 600 bushels. Since
hen they have doubled the total, Jan
l,1S95, being 100000 bushels.