The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-12-05

Surrenderiug Bradstreet's Review of
the Situation.
New York. Dec. Ar. G. Dun & Co.'S
weekly review Of trade tomorrow will
say
The Classified failures for November
show gratifying reduction, compared
with O1tober. and are especially import
ant as she owing that the peculiar distur-
baace during the presidential campaign,
which swelied failures Ss.000.0 900 in Au-
gust and September. did not prevent 4
quick return &c & monthly aggregate
scarcely greater than that OF May. De-
faui-ed iIabihries N eleven months have
been ssS,73S.45s. against s14s,5i4.eoe as:
year. me Increase being only sl4.eeG,0oo
outside of those two months, and this
remaining increase of only 10 per cen.
was aiso in part due TO the alarm aris-
ing fror, the campaign. The decline Of
failures 20 about 40 per cent OF the Sep
TENDER aggregate gives stronger ground
for the confidence so generally express
ed.
Ground fc- confidence Is also found
in the abandonment Of two OF the larg-
est combinations by which the iron in
dustry has been retarded and the posi-
biiity that two others will be abandoned.
Such state Of things, within a month
after the election, suggests that these
organizations. formed when depressed
business failed to support all the works
In existence. are not expected 10 survive
genarl revival OF ample demands for
products. The immediate effect OF
breaking prices is to check large buying
OF iron and steel products. but 1t will
soon be seen about where prices are 10
range. The bar combination is still un-
dersold by steel bars at Ito cents and
nothing is doing in rails. because the
meeting shortly to be held will settle
whether any price shall be fixed for next
year. Bessemer at Pit;sburg is lower at
S11.65 and grey forge al $1,000, but there
is large demand for vessel plates, both
on foreign contracts and for the lakes
Several thousand cars have been ordered
and numerous new bridges Minor met
ais are shade stronger. The coke COM
bination has changed its methods so that
contracs are openly made below prices re
Gently ruling, and there is some parti-
tion Of consumers among the producing
interests. Anthracite sells below the off,
cial circular. but better demand is ex-
pected with revival in manufacturing.
more concerns are at work, the new de-
mand improves but little with more ia
vorable weather. Speculative sales of
wool continue large. London prices hav-
ing risen 10 per cent and the average OF
the quotations by Coates Bros. is 1885
cents. against 1892 month ago. In the
cotton manufacture there is little change
though goods are selling better. but
with many added works production ex-
csds the present demand.
The market for raw cotton is weak.
with middiing uplands an eighth lower.
and the larger consumption In mills does
not advance prices. The produce mar
kets have been weaker.
Wheat rose towards the close Of last
week, but gradually reacted and broke
sharply ON Friday, closing 2 S-S cents low
er for the week. Storms have some in
fuence, but receipts for the week were
only e.9si,621 bushels. against 7,o14,sll
last year.
Atlantic exports were slightly small
er, -FOUR included, 1892. 4S7 bushels.
against 2.326.o93 last year, but the sharp
Advance in prices would naturally check
st ipments.
Milling returns at the four largest west
ern centers show decrease of $3.50 bar
res for the week. and a further de-
ing export demand for -four.
Failures for the week have been 579 in
the United States, against 32l last var,
and in Canada, So. against 50 last year.
BRADSTREET'S TRADE REVIEW.
New York, Dec. 4-Bradstreet's tomor
row will say
General trade continues in moderate
volume. jobbers and wholesalers being
agreed tina: there will be no business re-
vival this year. There is some activity
in holiday goods. Rains and stormy
weather south. and cold and severe wea-
Their west and northwest. have check
ed traffic on Interior country roads AMI
otherwise interfered with the distribution
OF Merchan dise. except at some northwes
tern cen;ers, where more seasonable wea-
Their has stimulated the demand for hea-
Wy textiles. clothing, hats and shoes.
Throughout the central Mississippi va
ley there has been no increased demand
in wholesale lines. and at the south trade
Is characterized as dull.
Johers OF dry goods report that sales
for future delivery have fallen on Trans
actions in wool have fallen of, manufac-
turers buying only as they receive ord
ers. The situation in iron and steel is
less satisfactory with unsettling rumors
as 70 the success OF the pool. compare
tive.y few sales OF staple grades and
10 likelihood OF revival in demand prior
to February.
No material change is reported in pri-
ces for pork. print cloths and lumber.
while those for turpentine. tobacco. cot
ton. sugar, wheat and -four are all
higher
the United States this week. -four incIu-
lad te1 " hrtzb
els in the first week OF December. 1885.
3.ofI 900 bushels in the week two years
ago, 2.55S coo bushels in the week three
years ago. and as compared with 4.&04.-
0c9 bushels il. the corresponding week %
1882. Exports Of Indian corn from both
coasts OF the United States this week
amount TO 1.7ss 900 bushels in the week
a year ago. 27i, 900 bushels two years
ego. 1.iss.0e0 bushels three years ago.
and az comared with $4,000 bushels in
the Ike week Of 1899.
There are s5s business failures report
ed throughout the United States this
pared with las. week, ~ az compared
with the corresponding week one year
ago. 81 as contrasted with The Ike week
IN 1884,. but a falling of Of "a as CON-
pared with the number OF business fall
ures II the first week OF December
the Ike period IN 1892. ss a. A large
proportion OF the increased number Of
failures - reported from the middle and
New EnS:a states.
There are a. business failures report
e from the Dominion Of Canada. this ]
week. IL moro than lag. week. more I
than in the week a year ago. IA more /.
han in the corresponding " eek two
sears ago. and 10 more than IN the Ike i
weak o. 1sss.
DRY GOODS Markets
New York. Dec Al; was a ve-y quiet 1
market in all descriptions OF cotton goods /
'o- cc--er. wants and enxsxe-n-r.s xA-e