The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-04-24

4 u
| Co.'S Weekly Review Of Trade tomorrow
| Will say:
If either Turkey or Greece had been
| wholly buried in the sea. markets might
have been affected less than by the out
break o; war in Europe. Like fire in
| the heart OF crowded city it raised the
ton msy spring out Of il. To this posi-
bi,ity and no. 10 the direct influence of
either Turkey or Greece upon the
worlds money or product markets, was
due the excitement in grain and stocks.
As the unknown is magnifed. Ameri-
can markets were much more Eighty
than European, where the possibilities
have been discussed and partly discount
ed for months The uncertainty remains
and will affect the movement OF money
and staples until il disappears, creating
a larger demand for American products
at higher prices, causing speculative sell
ing OF securities at times, but also more
continuous buying by foreign investors
and not imp-obabiy influencing the at,i-
tude of foreign powers on questions i'm
po-tant TO this country. Wheat rose 8
cents, from Thursday 10 Monday, and
mas retained most Of the rise. Since
Russia and the Danubian states will be
likely to ship wheat scantily. special
needs and much higher prices being
possible there. larger share OF the re-
Guirements of western Europe may nat
uraiiy be drawn from this country, and
the chance OF a war between the great
powers has the more influence, because
supplies there are not large. While
western receipts do no: yet increase.
and in three weeks have been but 81
GAL COL bushels. against 5.533,199 last
year, Atlantic exports begin 10 gain
slightly, amounting TO 1,190,329 bushels,
-four included, against Loss. 764 las: year,
and for three weeks have been 3.5S6, 40
bushels, against 3.453.o7S last year. But
the grea. increase is in corn. on which
the price has scarcely advanced, though
Atlantic exports were 4,1a9.146 bushels
for the week, and for three weeks TO-
Isl bushels, agains; 2.s24.732 last
year. Already the exports for the crop
,na1 Atlantic exports of wheat and
-four, and may soon exceed the total ex-
ports Of wheat and -four from both
coasts.
Cotton has been effected scarcely a,
all, though government estimates that
the flooded districts yielded nearly 500
600 bales. An increase acreage N other
sections is generally reported.
The past week. like others of late. has
witnessed the starting of operations by
several iron works. especially in black
sheets for timing. and yet prices Of pig
iron and unfinished products are lower,
demand not vet equallng the supply.
Bessener pig has sold as low as s9O5
at Pittsburg and Grey Forge az S. 90 in
Birmingham. Steel billets fell to s1425
AT Pittsburg and angles to / cent. but
Wire Iods cannot be supplied fas.
enough a. S2175. Nails are strong and
4 few more structural orders are pend
ing. Eastern works also have orders for
5000 tons Of steel rails Complaint and
proof that the demand for the products
Is deficient blinds many 10 the fact tina;
the actual work in progress. largely on
the hesvy orders for beams. bnless.
rails and sheet bars taken when the
pools broke up. is of greater volume
than for long time. Large sales o.
copper are reported at II IL cents, with
production 1928 tons in March
The end of the stipulated curtailment
has been reached by some cotton mills.
and since the auction sales some bleach
n f;.b .f,
but actual buying does not Increase and
print cloths do not improve.
Sales Of wool have been largely az for
eiGn. reports being swelled by arrivals
OF quantities sold some time ago. and
imports at Boston for The week We're
$1,000 bales. For the three chief cities
sales were 34,0SsSoo pcuds in three
weeks. 2o.e11 800 pounds being foreign
against 1896. 100 pounds in 1892. includ
ing $4,000 pounds foreign. But manu-
fsct1rers are doing scarcely anything.
and orders for goods improve very lit
tie. though for somewhat better grades
Of goods.
Failures for the week have been pa
in the United States. against 2ss last
year. and 81 in Canada, aga INST "A Las.
year.
BRADSTREET'S REVIEW.
New York, April 23.-Bradsireet's To-
morrow will say:
The change in the conditions un1e-Iy-
ing general trade. while slight this week.
has been IN the direction OF improve
ment. The depression IN iron and steel
continues. and Besserer pig and s.ee;
biiis;s have reacted another % cents a
TIM
The outlook favors an increase n labor
disturbances 70 resist midsummer wage
reductions. The 5iiuminous coal min
ing industry Is worse than the anthracite
wIlh rumors OF strikes. which promises
70 naye an untavora Die influence on 9TH
CT mai the Inn and steel industries.
Trade IN wool is qulster. There = less
LIE IN the wholesale dry goods trade.
and little relic. has besn experlencef.
Notwithstanding the large auction sales
OF cotton goods last week. buyers con-
tinuins - supply immediate needs only.
The tendency toward more settled wea-
;he- has stimulated rsisn demand. more
particularly al the northwest. notably Tor
dry goods. hardware and millinery. TIE
general tendency % the MisSissipps foos
20 subs.ie has created batter feeling.
but 10; even the recent agricultural d.
Pa-tnsnt census records ali the dsmags
done. Country roadxays nave begun 70
improve. which benefits interior mar
chants
The Oily large cites reporting an IL
--ea=a in r1s rf1oys-re-. - -,s-~-.-Sf...
are s. Paul. Minneapolis. Iyxzusee