The Wichita daily eagle., 1897-06-19


late shores of Adversely, While Beneath
b the same Old Undersov of Former
Weeks Steadily IugEiax NJ Basiness.
Onward For the Open Sea of Pros periry
The Figures to Prove This, .s Givea In
Dun's aud Bs.dstreet's.
New York. June 1s.-R- C. Dun & CO. 5
weekly review viii say tomorrow:
The re;a-ding influence OF cold and un-
seasoaaoie washer has passed he gain IN
ousicess il s2its ot il was seen a week
ago and has become clearer 10 all. as ID
genuine improvement ever begins with
an uplifting OF prices before the o-oduc-
ing fo-ce has become fairly employed
Tbs does not, ami the buying % 7.e0J
bales D. Auss-alisc wool by one Bos. n
house and Io0.eu0 tens ot pig iron ~ c
Wal street operator and advancing
prices for stocks are lhe only proof tha.
he actual conditions are understood by
SOME capable men. There is evidence OF
gradually charging business in every
important department. more establish
ne1,s have been set a. work ard more
hands employed. and while prudence
sitl frds speculative sxcesses. the pro-
gress toward better thirgs is unchecked.
Reports from the various cities this week
show a very general progress and a con-
tinuins large distribution through the re-
raj. trade.
The proot il clearer. as IL has been be-
fore shown 70 be. in the industrial than
in the trading fed. Contracts provid-
ing for consumption ot seven million
tons OF iron ore have already been made,
lwo million within the las, fortnight. il
is believed. though last years contracts
only terminated about Two months ago.
Bessemer ore is selling lower by 20 70 80
cents than al the outset Biwaybic az
s.. Is against s3.55. but ;he heavy demand
puts additional mines az work The
speculative purchase OF 10000 tons OF
southern pig al 1915 clears the deck for
larger business az better figures and
sa.es az Chicago. 10000 tons. have been
the largest for eighteen months Reac-
ton after the sudden purchase OF 50. coo
tons Bessemer az Pittsburg leaves the
price $3.50 per ton, bur the heavy orders
fo- bars there and fo- $1,000 tons at Chi
cago. mainly from the implement: max
ers, with orders for mary new buildings
az the west. one OF magnitude a, Phila-
delp1ia, several al New York, the larger
demand for plates and sheets, the order
for twenty-five miles Of pipe. and The
purchases OF steel rails which have start
IL zx- -xri-1
Ge-s. are far more important that the
speculation II materials.
Coke production has increased $500
tors. reariy 2i9 per cent. without change
in price. Tin is stronger al s13.75. and
sae copper output IN May, larger than IL
any other 1catn .ais year. has not yet
lowered quotations, while lead IS strong
e.
The demand for print cIo,hs, for the
first time in many months. has exceeded
the weeks rrsGuction. and me price has
risen a shade. while prints and o.her
grades OF cotton goods are IN slightly
better demand There is more widely
distributed business IL woolens than was
expected. ClS,1i@rs are buying, and as
they come late, are in haste. Some ease-
ern mills have been in the market but
the bulk Of the purchases OF wool has
again been ~ speculative houses in Bos-
ton, where Amos; 1900 .e0a pounds were
sold. against 6.55i Geo pounds at New
York and Philadelphia Western operat-
ors stir Pay msre than eastern prices
warrant.
II proiucs markets. the year draws to-
ward close with slightly stronger prices
for corn. cwiDs - heavy foreign buying,
sni IL cnttJ1 owing 20 a better foreign
demand, notwithstanding more encourag-
ing crop reporis. Nobody can coan;
bales in June. bu; The outlook is 50 far
favorable .ha; few make large ventures
against the yielt exceeding 1000 0cJ
bales. Wnea. was hoiSted nearly cents
but fel about as much. closing Nc high
er for the week, IL spite OF reduced
western receipts and Atlantic exports
Expert repcTJs fTum winter wheat re-
ssons wess cf Ohio had much Influence.
but Sill more th~ great but really IN
known Increase fsp-ing whea: acreage
with e5cert'cra' prospects ;hus far In
rE1 weeks q JGEe Atlantic exports o<
wheat al1 -four have been equal 20
4.s37.55} bushels. against $40. SO bush
eIs last year
Failures for the week have been IDS IN
the Uni.ed States. agains; rs las year.
zul IS IN Canada. against 2s las; year.
BRADSTEEETS REVIEW
New York. June 1S-Brads1ree;'s to-
morrow wiyl say,
TdeTs are e7c0I-s gflg features n the
general trade situation this week. the
mast ctEzGicu1cS of which Is increases!
,.-1srs f0r staple goods to- tau delivery
in few i3sk ro;sbly ci5tAinz. which. a;
Ch ,ago. BaI-Imc-s and a fsx os5er cea-
;e-s. premise n exceed the movement ot
Z year ago. Tae more cheerful feeling
s1.0az r.sn1-scs5rsrs ot iroz ard s-eei
Is based IN paI; upon expectations ot a
revival in csr-sn1- TIE 2eatsdly az
improvement II ir0c and s-eei
this week rests. n a51idon 70 th.s. upon
large f-31ssc5!Ozs il so1-Asra forge iron
az Bi-nE CHAM, ard increased strength
IL tae iT5a ore market furnaces azi
ri.is In Pennsylvania sz1 oal9 being
fairly busy 81 cid or5=-s bat failing %
-sport nary nsw ores.
Ezc5z-axe-asnt IS also derived troz
the z5va-ce IN raE cotf1a and z i-isc IL
print csoths. which marks q rez--ioz
frSo re lowest pTics ever rszc-si- A
ncdsr2.s I1crssse II ths demand - for
slzr voo-s Is tie speculative o1ieo-ae c.
ne increased p-5oaaifsy q an early se:-
..=rsszt % tzs tzriff gzes-Szn-
Prices tais week ID not cz-TT o1- izE.
xe-<'s promise ot 4 general z@va7ce.
T1--s s-e to~s- Guo-stso1s t7r tss sz5
,ot-se. hoar. wheat ssi ozsz. 9ssse-e-
zig AID z, gee 5iilets. AID z-ensz.e5
, - a. -s-.--.s-l - mi ..c--.z L.