The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-09-11
THERE IS NO HALT
BUSINESS PROCESSION STILL PASS.
ING TIE REVIEWING STAND.

I
Figures of Trsdss Unions-Big Incress
In Structural Iron Dem2pd-Wooi Mar
j ket's Strength q Weeks Feature-Busi
ness Failures Fewer.
New York. Sept. 10-R. G. Dun &
Co.'S weekly review Of trade in its is
sue tomorrow will say:
There is no hating in the advance
Business grows better in all ways, fol
while its speculative end breaks conspi
cuous gamblers for a decline, a steady
increase in production, in working force
and in the power of the people to pur-
| chase is the feature which overshadowe
| all others. Reports OF New York trade
| unions show an increase since one year
| ago of "a per cent in the number of men
| at work, and a similar increase among
men in like position throughout the
country would exceed 100000, while ev-
cry week adds many establishments 10
the active list. The coal miners strike
has disclosed such facts, and brought to
| light such differences that work will
| probbaly be very soon resumed by a
! large number Of the men. The farmers
| are helped by higher prices for wheat,
! and W lille western receipts do not show
that they have marketed a tenth of
their crops, assurances of a handsome
! profit to come prepares them to buy lib
orally hereafter. Because Of this and
the increase Of hands al work, dealers
throughout the country have started to
repleniSh stocks, which is the great
| force az present operating in manufac-
ture and trade, though distribution by
retail trade has generally increased.
! A gain Of Il per cent in one month in
| the output of pig iron, from 165,37S tons
August 1, to 1S5,507 tons September l,
| with knowledge that half dozen other
furnaces are preparing TO resume and
that unsold stocks have been reduced
IA, 400 tons weekly in August. indicating
a consumption Eof about 10000 tons
more, explains the moderate advance IN
prices of finished products. Pig is
shade stronger al Chicago but the proof
that the advance is healthy is found in
the growing demands Of consumers, es-
pecially for bars, with inquiries for
800 600 tons reported at Chicago for
structural work. including 1900 tons for
Santa Fe bridges; for all sorts Of car
material, including 10000 axles. and for
plates, especially for shipyards on the
lakes, so that most prices have advanc-
ed 81 per ton. Copper is steady and
lead a shade stronger al s415, and the
production Of coke has reached $4,000
~ in opa-ation
Wheat has risen cents the past week
not in a furry, but in answer TO the
daily increasing foreign demand.
Though reports Of the crop, now almost
wholly out of danger, indicate a yield
never surpassed but once, foreign ac-
counts still strengthen the belief that
the deficiency abroad will be about 1co,-
900, 900 bushels more than usual. and
meanwhile reports indicate that less
corn than was expected viii be available
for export. Its price has risen about
SIS cent.
While wheat receipts a Chicago have
been breaking records, receipts at al the
western points are for the week little
below last years, but Atlantic exports,
977S.13S bushels, -four included. against
4270.775 bushels last year for two weeks,
and 5,579,771 bushels of corn against g.
$40. 704 bushels last year. indicate for
eign demand apparently limited at pres
ent only by ship room.
Since the small corner in August, cot
ton has relapsed TO 1-2c, no rumors Of
feeling prices much. Northern mills are
consuming very largely. with a continu-
ing demand for goods, which has adj
vanced the prices of manufacturing.
With enormous speculative sales OF
wool. which appear TO constitute most
of the market at Boston. there is also
more buying there and elsewhere by the
wooden mills, which are enjoying extra
ordinary demand for goods at prices av-
eraging not 10 per cent higher than was
paid early in the year.
The average advance for the week in
sureties has been s1.12 ar share for rail-
roads and g cents for RVS.
Failures for the week nave been c15 in
the United States against Sl5 last year,
and 35 in Canada against A last year.
BRADSTREETS REVIEW.
New York, Sept. 1o.-Bradstreets to-
morrow will say:
by a continuation OF comparatively free
buying by jobbing and commission mer-
chants in anticipation OF future wants
al almost all important distributing
points At a number of centers special
rate excursions Of merchants have as
sisted the weeks volume OF business,
Notwithstanding The intervention Of
holiday. Speculative Interests and the
strength Of wool remain features or the
market Cotton fabrics have improved
their position, in view OF increased de-
mand and cheaper raw material There
has been a falling of IN general trade
in portions Of Texas. due in part TO the
unwiIlingness Of the planters 70 sell cot
ION at its present price, but al central
western points notably Chicago and s.
Louis. business has been quite active
Western iron and steel mills are pracd-
ca!ly independent Of buyers for the re-
ulainder OF the calendar year. TIE Au-
gust advance in prices for more than
100 staple raw and manufactured arti-
c!es. products, livestock, etc, amounted
10 S.i per cent, following a 81 per cent
advance in July. During the first SIX
months OF the calendar year. prices re-
ferred TO fell about 20 per cent.
Exports Of wheat flour included as
wdeao from both coasts Of The United
States and Montreal, show falling on
from last week. but are still very large.
arxregating 5.4sl 500 bushels. With the
exception OF last week. when the total /
exports aggregated 6.esS.2iT bushes.
they were the largest for any week his
wear. ana compared with exports in the