The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-03-20
DOING VERY WELL
DUN's REVIEW EXPRESSES salts
FACTION WITH TRADE.
People Who are Disappointed Because the
Mark Must Remember That Progress
From Nothing il the Criterion, Instead
of Comparison With Former Rnshing
Times-Some Gain Every Week, More
BILLS In Operation aud Consumptive De-
mand Must FoIlow-B
mand Must ACKNOWLEDGEMENTS

BILLS In Operation aud Consumptive De-
mand Must FoIlow-Bradstreet'I
New York, March 1a-R. G. Dun &
Co.'S weekly review Of trade tomorrow
will say.
Though steadily increasing, business Is
sill much below its volume in former
years Of prosperity, and many express
disappointment Yet. there Is some gain
every week. with more hands al work.
and more mills in operation. and the
sure result, large purchases for consump
ton, cannot be long delayed. In some
branches u IS felt already; there is larg-
er distribution Of finished products and
the demand for commercial loans has
sharply increased, especially in dry goods
and the iron and steel branches.
The progress OF the iron and steel in
dustry is hindered by uncertainty re-
gar6ing the cost OF lake ore for the COM
ing year. 1t is reported that No-rie ore
a. S275 vii be taken as the basis,
which would imply about s2.35 for Me-
saba ores, but until the question has
been settled may important transac-
.ions are deferred. While there is no
great activity in finished products. the
demand steadily increases. Contracts fo-
several great buildings al Chicago are
pending and for good many bridges
and other railroad works, and the de-
marG for WIRE nails and for wire doss
not abate, nor the demand for black
sheets required in tin plate manufacture.
Tin tends lower, at 1885 cents, with
heavy receipts and with weaker London
quotations; lead is inactive at 81 cents,
ard copper is weaker, although the tri-
fling decrease in production in this coun-
try is practically balanced by the small
increase in production elsewhere.
While manufacturers of cotton goods
are looking forward with much conf
dencc, the present demand is not equal
20 expectations, nor has the curtailment
IL production Of print cloths accomplish
ed the disired change in condition. The
huying of wool continues remarkably
large. Sales at the three chief markets
for the past week were 10, se1 900 pounds
and for three weeks have been 2S,195.-
900 pounds, Of which 16,62s, o00 pounds
were domestic. whereas the largest
transactions in any previous year at thi;
season were 17.lO5.S76 pounds in the cor
responding week OF 1892. Of which H.
$50. 626 pounds were domestic. No great
increase has yet appeared in the demand
for goods, although a few more mills
have found enough orders TO satrt. per
haps, in part, anticipating future de
mand. The expectation Of new dutie:
does not yet influence the goods market
as might be expected.
The demand for wheat has not giver
much help to the speculation: Allan
tic exports have been only ,263. 800 bush
els, against 1.1e9.335 bushels. -four in
cluded, for the corresponding week las
year, while western receipts have beer
only 1881, 456 bushels, against 2.416.0s'
bushels last year. Accounts regarding
the coming crop have been less favorable
this week, and the price has advanced
1Ssc. The exports OF corn continue
heavy. 4.5i3.7O5 bushels for the week
and quotations advanced seven-eighths
The cotton market has also been al
most lifeless, and while the price has
gained 4 small fraction. the narrowness
of demand here and abroad has its nat
ural influence.
Failures for tho week have been 21t
in the United States. against 261 las
year, and 80 in Canada, against 40 las
year.
BRADSTREET'S REVIEW.
New York, March 19.-Bradstreet's 20
morrow will say:
Another week OF irregular trade bring:
announcement Of disturbance in the out
look for a fight for the new tarff bill
and the disappointment among manu-
fac.urers of wooden goods. silks, cutlery
and other lines at various tariff seized
ules. Spring trade in jobbing lines is
over, collections are slow and az many
points there is no change in demand OF
supply, except a request for cheapsl
grades OF goods. Threatened overflow:
in the central and lower Mississippi val
ley have restricted the country order
trade and rain and high water have ex
| ercised a similar influence in the Ohic
valley and in south Atlantic and gull
states The movement OF general mer
chandise is also checked 10 the north
west by unfavorable weather. The de
rand for cotton goods is Disappointing
and manufacturers have moved SOM
lines only at concessions in price.
Iron and steel industries appear les.
| likely 70 expand in the near future
! Practically lower prices for Bessemer pil
| and for billets seem TO have been the r.
suit OF speculative over-purchasing a
the late revival in expectation OF an al
vance, which has not shown Itself. De
lay in fixing lake ore prices has also had
an influence. There is less demand fol
American iron and steel for export, par
ticularly for northern product.
Az most OF the large centers the feel
ing Of encouragement IS stronger aTnons
merchants a. he prospect for continued
| Improvement IN trade, yet, the ircreas'
in volume OF business IN dry goods. gro
ceries. hats ard clothing. compared
with preceding weeks. and with the Ike
week in previous years. does not squa
anticipations. There ia ar improvement
II, demand FOR wool. for which prices az
higher. Eastern wool manufacture,
show more inquiry fo- goods. though 10
condition OF his Industry stin leaves
much 70 be desired The newly develop
cd Pacific coast export trade Is nlzrket
By a shipment OF doors and finishing
lumber from Tacoma 20 South America
Another favorable feature az found II
the tendency OF prices there for whea;
corn. oats. pork. lard. and sugar, IN sd-
dixon 10 wool, being upward while quo
ta;ions for print cloths. cotton, P~trols-
unl, and lumber are firm and unchzug.
81.
Exo5,ts % What (fiour included 2,
~heal from bo;h coasts this week indi
ca:s a continuation ot the r@cent cheek
- the export movement. amounting =
I.s,,s. 40 bushels. compared Sish ] .5k,s 81