The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-01-16

| Statistics.
New York, jan 15-R. C. Dun & Co. s
weekly review of trade tomorrow will
say:
The greatest growth and prosperity
the country had ever seen came sudden
ly in 1879. after several months Of disap-
pointment because specie resumption had
not yet brought the benefits expected. II
is not the largest and most powerful
vessel that can be started most quickly,
and it takes time for new confidence to
reach, through easier money markets,
larger orders, resuning mills, expand
ing employment and larger distribution,
10 results which are still greater and last
ing. Such gradual and steady improve
ment has been in progress for more than
two months.
The output OF pig iron has gained 1913
per cent in December and 41.6 per cent
since October 1. The output of coke has
| increased $751; per cent since October /.
Sales Of wool have again become larger,
thought not yet fully reported, Money
| markets feel a steady increase in demand
for commercial and manufacturing
loans. Additional works have gone into
| operation each week in January and the
working force is larger than a. any other
| time for six months. Best OF all. there
| is so little crazy excitement that il may
! be ascribed to the deliberate judgment
| Of the ablest and most prudent men in
| business
1t is not time OF high prices. Many
who are anxious to get an early hold On
the market are making, for the moment,
! lower prices than they could afford 10
maintain. Some have secured orders
enough for months TO come and begin to
] be less keen in competition. With the
| increase in the output Of pig iron to 49,
| 40 tons weekly, against 142,21S last
| month, the price is shade lower at the
east and al Chicago, but heavy pur-
| chases already have advanced Bessmer
| shade at Pittsburg. A sale of 10000 tons
| Tennessee No. for export will yield only
| s6.S71s at the mill and the shipment OF
| 1000 tons billet to Manchester will yield
only SIS at Pittsburg. Steel bars have
| been reduced to l cent, and some other
| finished products 81 per ton, out the
| demand ou .he whole is steadily grow
| ing. The coke output has risen from
| $4,000 TO "a 342 tons weekly, and minor
metals are shade stronger. Textile
| manufacturers are not encouraged by the
demand for goods, which scarcely in
creases. though more print cloths were
| mode of clearing away the enormous sur
plus has become a necessity. Lower
prices are expected in goods, and slow
buying is not unnatural, since cotton has
fallen 17.S per cent from September II;
print cloths per cent; bleacher goods
SO 10 81 per cent, and brown hoods 2la,
3 and per cent.
Though wooden goods do not improve
there have been enormous purchases Of
wool by large mills. not In the records,
which cover for two weeks Of January,
II, III, 800 pounds at the three chief mar
kets, against Ii $3.50 last year. Some
large purchases OF leather, including
10000 sides of grain, indicate that shoe
manufacturers are seeing their way 10
more active work, and shipments from
the east in January thus far are 20 per
cent larger than last year. Hides al
Chicago are 215 per cent lower.
The wheat market has varied but
slightly, closing u cent lower. Western
receipts for the week, 1,055.032 bushels.
against 2,916.274 last year, are checked
by storms and by current prices, in view
Of farmers expectations. Atlantic ex-
ports We're ,456. 404 bushels, flour in
cluded. and for two weeks 34S4,317,
against 4,4S3.190 last year. December ex-
ports were 10856,519 bushels at Atlantic
ports, flour included, gain of 100000
bcshels; and 5.112,0ls at Pacific ports, 2.
gain of 1071 900 bushels. Traders begin
to realize that enormous exports of corn
are taking the place of wheat in foreign
consumption and will lessen the demand
If wheat becomes deared.
Cotton took a rise OF an eighth on
traders estime te without change in con-
ditions
Failures for the week have been 455 in
the United States, against 395 last year,
ard Il in Canada, against 81 last year.
The aggregate of gross earnings of all
railroads in the United States reporting
for tire first week of January is Ais
Oh, loss Of 40 per cent, compared with
the corresponding week last year. For
Decembe:. more complete returns for the
month shows gross earnings Of S3S,5S6.-
II. for the United States roads, a loss
of % per cent, compared with Decem-
Der 1895. and SS.3 compared with Deem
Der, 1892.
BRADSTREET'S REVIEW.
New York, Jan. 15.-Bradstreet's to-
morrow Will say:
Except al few southern cities. as re-
por:ed last week. wholesale merchants
throughout the country report no notice
able change il trade features, and few,
if any. indications OF improvement in the
near future. Mercantile collections con-
Louis. Baltimore and other large cities.
report increased demand for dry goods.
hats, shoes, hadware and groceries for
s?riaS delivery, but that in other lines
OF business trade IS very dull.
There has been no revival IN textile
circles. except increased purchases of
wool AT Boston by some of the larger
manufacturers. Cotton goods continue
depressed a; FIRST hands. with but little
prospect for Improvement until after pro-
ductior has been restricted.
Prices this wesk show advances for
leather, pork, lard, petroleum and cot
ton while decreases are reported in |
prices in hides. wheat, corn. coffee. pig
iron and steel billets. No change is re- |
ported in quotations for coal, lumber. |
flour. oats, sugar, print cloths and wool. |
Heavy stocks continue 10 depress cotton |
goods. Iron and steel have not met The |
increased demand expected. while sugar |
and coffee prices have been affected by |
competition among leading dealers.
Exports Of wheat (iour included as !
vhsa0 from both coasts OF the United !
States this week amount 70 2eaSI5 |
bushels. as compared with S.10S 600 iast |
week. 500, 600 i'll the week q year ago,
S.5Si, 900 IN the week two years ago. s.
$50 zoo tire years ago, and as compared |
with $4,000 bushels in the like week
or 1885. Exports OF corn tl4> week
amount to 3.757.0o0 bushels. as cornpar-
ed with 4,sl9.0eo bushels last week. g.
$4,000 in the week a year ago. col 900
bushels in the week two years ago. -
05s 800 bushels three years ago. and as
cantrasSed with $500 bushels in the
IKE week OF 1888.
There have been SIS business failures
in the United States this week. compared
With ASS last week. ~ in the second
week OF January, 1896. 33s IN the Ike
week o. ,sS5. and as compared with 404