The Wichita daily eagle., 1897-11-27
EXPORTS ARE GREAT
EHEAT's OUTWARD MOVEMENT Is
THE WEEKS FEATURE.

Almost Up Co the htSn Hark-"a
ohinery Also Figures Largely in the Re
turns-At the same Time Imports ar
Running Behind-Iron and Steel In
dustries still Behind orders-Brad
streets Reports Better Retail Trad
West and Northwest.
New York, Nov. 26.-R. G. Dun & Co.:
Weekly Review of Trade will say in its
issue OF tomorrow:
The heavy exports Of wheat, with the
renewed advance in price, is the most in
teresting and important feature of the
Weeks events. Since August, when the
sxtent Of the foreign deficiency became
realized, exports have been larger than
In corresponding weeks OF any previous
Years. The cotton exports also have be-
Come very heavy, and the outgo of corn
falls but little below last years unprece-
dented record, while in exports OF man
ufacturing products, especially machin-
cry, all records for the season have been
surpassed.
While the aggregate for November OF
last year was over 09,000000, shipments
from New York for three weeks have
been out slightly smaller, with a fair
prospect that the known increase in cot
ton and other products from other ports
may make up the deficiency. Meanwhile,
imports are running behind last years
at New York, nearly geo this
month, so that another excess Of exports
over imports, amounting for the month
to about $50, ,o00,0 900, is probable. But this
would make an excess OF about $3.50, ,000.-
900 in four months.
After the slight decline last Saturday,
lvs1sat rose to s1-001s for November, with
No. red and other grades selling many
cents higher. Yet western receipts are
Of enormous magnitude, in four weeks
27,072, ,2o4 bushels. against S.124,S3S bush
els IN the same four weeks last year,
while Atlantic exports -four included,
were for the week S,62s, AS bushels, and
for four weeks 13.4Ss,s ,s39 bushels, against
7,T37.6S5 bushels last year. The ship
ments from other ports have also been
heavy and nothing appears to change for
mer estimates of European needs.
Corn also continues to go abroad in
quantities almost as great as last year,
when all past records were broken, but
TIE price has slightly declined.
cotton declined to 5.S1 cents, the low
est point for many years, with scarcely
any indications of speculative effort.
More has come into sight this month
than during the same time in 1884. from
the largest crop ever raised, while TAX
ings by northern and southern spinners
have been smaller and print cloths and
some other staple goods are at the low
est quotations ever known. In such con-
ditionS weakness is natural, although ex-
trerne estimates of yield are not by some
entirely credited. The demand for goods
from the south is larger since the remov-
al Of embargoes and recent reductions
IN prices have stimulated larger transac-
aons by dealers. but stocks held by the
mills are still heavy, with 1861, 600 pieces
OF print cloths on hand, against 2,212, 900
pieces a year ago. and only $4,000 pieces
two years ago. The output of 1000. 900
beyond consumption last year has been
3 heavy load ever since.
The iron industry shows no decrease in
Sroduction or consumption of pig, but
With much reduced orders for products.
excess Of production is expected, and
Bessemer falls a shade to s1015, and
Grey Forge to 1926 at Pitusburg, though
Chicago and eastern markets show no
change. Billets are also weaker at Pitts
burg, at $500. Expectations of lower
prices tends to produce them at a time
when new business Is naturally small
and the mills are working mostly on old
orders. with buyers impatient for deliv-
cries
Other large orders are held back in
plates by the inability of the works to
deliver in the time desired. In bars, ag-
ricultural and railway manufacturing
causes heavy demand at Chicago. iron
being preferred to steel, and thin sheets
are also in better demand, but bars are a
shade lower at Pittsburg, and both wire
and cut nails.
The woolen manufacturer Is still con-
suming heavy execution on past orders
ara many agents are sold 50 far ahead
that they seek no further business, while
others are beginning TO question whether
the demand will suffice if prices are
made to correspond with present quota
lions OF wool. Some reductions in prices
OF wool appears, possibly averaging half
cent, with sales of Australian amount
ing to 100000 pounds in a few large
blocks in Boston, but the tone Is still
strong No change has occurred in the
cotton manufacture and the market for
Its products is still irregular.
Failures for the week have been 2S6 in
the United States, against 500 last year.
and % in Canada, against Ss last year.
BRADSTREET'S
New York, Nov. 26.-Bradstreet's to-
morrow will say:
NotwHhsta landing the appearance Of a
demand for holiday speciaities at some
points in the south, at Chicago. St. Louis
ana in regions tributary thereto. general
trade throughout the country has shown
no general improvement this week. Most
favorable reports are from the territory
west Of the Mississippi river and north
OF Missouri AMI Kansas. where colder
weather mas stimulated demand and the
interior ana country merchants have
been buying with comparative freedom.
The eastern cotton goods industry con-
tinues depressed. Consumers evidently
do not intend to buy extensively until
they believe the price of raw is ready 10
advance. Competition from southern
hills more particularly over the proiuc-
ton by manufacturers who produce q
single staple, unierIies existing icr ge
stocks and the ieaviness Of prices. Con-
verteEs and manufacturers OF common
yarns are situated relatively more favor
ably. Other lines representing season
able distribution are manufacturers cf
Hoolens, clothing and shoes, and jobbe-s