The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-01-25

mills ara running largely against ex-
| pectations Wooden goods also tend
! lower, with small demand, and are prac-
| tically at the prices Of year ago, though
wool is higher, sales having been 10, 1867
| $50 pounds in three weeks, of which H.
| 5S1, 900 were foreign, against 17,246,365
| last year, of which 6,S47 $50 were for
| eign.
The iron and steel business finds en-
courag cement in the advance of besse-
mer pig to S13 at Pfttsburg, and grey
forge to $l1.25, but these are results
of the advance order by commissions in
coke and ore. Anthracite is not dearer
ait the east, and southern pig is pressed
for sale. Finished products are not
stronger, while pig iron has advanced
10-9 per cent since January l, Prices
Of finished products average IL per cent
lower than at that time. The demand
is plainly too small for the supply and
the works in operation are killing prof
its for each other by undertaking. In
such a case lower prices for pig, ore
and coke would seem inevitable, butt
last year, the raw material hoiSted ev-
eTything else, and some expect the op-
GRAFTON to be repeated. While thirteen
furnaces in the Pfttsburg region have
stopped since January, the demand for
products Of iron has not on the whole
increased, partly because the bar, nail
and rail associations have all refused
to lower prices. Minor metals are all
weak, lake copper being sold AT So 10
by brokers, with an output of Il, 545 tons
in this country in December and 7,l49
abroad; and 81 ,4S5 for the last half of
1895, against 1854 tons abroad. Lead
2 nd N q, arin ly Ha raF1
The failures for me week have been
373 in the United States against 1863
last year, and 81 in Canada, against 50
last year.
BRADSTREET'S TRADE REVIEW
New York. Jan. 24.-Bradstreets will
say tomorrow: An analysis of special
kilograms to Bradstreets from the more
important business centers throughout
the country show considerable irregu-
larity in trade, the most favorable be-
ing the tendency of staple prices to ad-
vance.
The advance of 3 cents in wheat again
raises the question whether the begin
ming of the end of the long period of de-
preston of cereal prices has come. Sup
plies of wheat for leading importing
markets are now controlled by Russia
and the United States. midas as we'll
as Argen tines ability is much restrict
ed, compared with previous years, and
Australia left the list of exporters when
she began 10 import wheat from San
Francisco recently. Domestic wheat
stocks are larger than earlier official
and trade estimates of it but the export
demand has increased SO far beyond |
what was anticipated, and gives so
much promise of being continued, that
he Ir1l1p
counting on higher prices.
At such centers as Chicago and ST.
Louis. reports are made that interior |
merchants have been disappointed in |
the seasons business and are buying |
somewhat more sparingly than expected |
many jobbers at those cities |
report that travellers for clothing, dry |
goods, shoe and hardware houses are |
taking fair orders for spring delivery
Total exports OF wheat flour includ- |
ed as wheGf) from both coasts of the !
United States this week amount to g.
$4,000 bushels. as compared with 3,202,- |
900 bushels last week. 2.S40,00 in the /
week one year ago, 2.947, 900 two years |
a go, 2.531 900 in the corresponding week |
Of 1893 and as contraSted with 1857 900 |
in the like week in 1892 Exports of /
Indian corn aggregated 1920 bushels
this week. a slight decrease from the
week before, but more than four times
the quantity sent abroad in the CORES
bonding week one year age, nearly twice
the amount exported in the week two
years ago. four times that sent out of /
the country in the like week in 1898. and |
about 100000 bushels less than in the
week in 1892
There are 80 business failures report
ID from Canada this week. against ~
asst week. thus indicating a large fall
ng off. But when contrasts are made |
With like weeks in preceding years. the
= this week is seen TO be an unusually !
arge number. One year ago the total |
vas IS; il was IS in each OF the CORES
bonding weeks in 1894 and in 1898, and
Il in 1892