The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-10-30
NOTHING AILING 1T
TRADE HOLDING ITS OWN, ALI
THINGS CONSIDERED.

Besides the Yellow Fever in the South
stiII, Retailers, RepIenishment Order.
show an Unexpected Distribution-Why
Cotton is SO Very Cheap-The Week.
Advance In Wheat-Iron Manufacturer
Expect Higher Cost OF Production
New York, Oct. 29.-R. G. Dun & Co.'S
review of trade tomorrow viii say:
The testing of the retail trade is in
progress but results are remarkably re-
airded by long continued mild weather,
and also by the fever in southern dis
tricts. Even from that quarter some
large orders lately received show better
distribution than was yet expected. In
spite. Of unreasonable warm weather.
which greatly binders retail dealings In
winter goods at all points east Of the
plains, the largen lumber of supplement
tary orders with urgent pressure for
quick delivery, make it clear that the
sales in many branches have exceeded
the expectation OF dealers. 50 that re-
Punishment 81 stocks is not yet finish
ej. Meanwhile wholesale trade and or
ders to manufacturers have been small
er than when the run was greatest, but
have nevertheless been large for this
stage, even in a year of general prosper
ity, FOR the payments through the prin-
cipel clearing houses have for the week
been SO per cent larger than in the
same week of 1882, and for the month
61 per cent.
6f,,o
wheat, covering 1000, 900 bushels this
week, effect monetary prospects, but
still more the product markets, for the
Atlantic exports are large already, s.
S64,6f9 bushels( -four included, against
2344, S44 bushels for the week last year,
and in four weeks 13904.557 bushels,
against 9,S1705S bushels last year.
Western eceipts are not quite equal to
last year for the week, but have been
1858, 6SS bushels for four weeks, against
2S,7 GA bushels last year. The market
advanced 21z cents with No. red &C.
tually selling above $100 here, while
speculation at St. Louis is pushing
prices yet higher. The possibility that
foreign exports may be checked is not
10 be overlooked, but the heavy engage
past, prove that foreign needs are real
and large. The corn movement was
smaller, though exports fell only 5000
bushels below last year, and the price
advanced but slightly.
The fail of cotton 10 cents for spot
and 5.sS cents for January, making the
price thel owest sinceMarch "A, 1895,
and not half a cent above the lowest
for nearly half a century is partly due
TO embarrassments caused by the fever,
and also indicates the prevailing belief
that the quantity to come forward is
large. For two months more cotton mas
come in sight than the greatest crop
ever known, in spite of delays caused by
guarantees, but the unfavorable con-
ditions about the time Of maturity rem
dered it less likely than usual that the
crop will be satisfactory, so that re-
ceipts may drop off earlier than usual.
n the other hand, ii is to be noted that
extensive labor troubles threaten the
manufacturers in England, while the
lowest price ever known here for print
cloths reflects a heavy accumulated
stock Of other goods as well. The in
crease in production by the mills has
been over 40 per cent in ten years, far
beyond the increase in population, and
they consumed almost as much cotton in
the last crop year, with materially dim
inished demand for goods, as in the
most prosperous year heretofore.
Wool markets have become quiet. In
stead Of 100000 pounds reported sold
in Boston in thel asst week of Septem-
Der, $500, 900 pounds the next week, s.
COO, 900 pounds the second week of Oc-
tober. and 100000 pounds the third
week, sales have been but 2,.10O00
pounds, and at the three chief markets
5,231, 300 pounds. making the aggregate
for the month36, 1874 900 pounds. against
over 66.000,000 pounds in September.
Prices are said to be we'll maintained,
though TO 3 cents below former ask
ing prices, but occasionally heavy sale.
indicate concessions for liquidation OF
speculative lots. The market for goods
is not active, as prices have been so far
advanced as TO hinder buying, in many
cases Intentionally, until the future is
more clear. and the mills have ahead
quite as large contracts as they just
now desire.
The buying OF iron and steel products,
though smaller than OF late, continues to
keep works well engaged ahead and in
duces others 70 resume opera tons. Both
buyers and manufacturers find it pru-
dent to limit engagements ahead. and
the period Of adjustment will make the
industry safer for some time 20 come.
There is great pressure for speedy de-
liveries, but in bars and wire some
abatement of demand will slightly low
er prices for nails. Tin is a little weak
er and copper at II cents for lake. and
competition Of home producers lowers
tin plates to $40. The coke output is
larger. 1858 tons weekly, but anthra-
cite coal is weaker. being c1xsd here
at S4.O5, against $4S5 named in circular.
Failures FOR the week have been 2ls
In the United States, against 2l7o last
year, and % in Canada, against 40 last
year.
BRADSTREET-S
New York. Oct 29.-Brsdstreet's TO-
morrow viii say:
General trade retains most OF the
features % a week ago, with A contjn-
ued cneck 10 the movement Of STABLE
merchandise. AZ large eastern and CEN
t'al western centers. sales OF seasonsb,a
goods have not equslled expectations.
ana AZ none OF these points mas the vol
y