The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-11-19
EXACTLY ASEXP[CIED
Post-EIection improvement in
Business Has Begun.
LABOR SITUATION PLACID
Several Price Advances and
Exceptionally Few Declines.
LABOR SITUATION PLACID

New York. Nov. 1s.-R. G. Dun & Co s
weekly review Of trade will say tomorrow:
The situation IS clearer and the i'm
provement in business which was expected
after the election has begun. Payments
! through clearing houses are far the larg-
est ever known for the week, S7.3 per
cent larger than last year, and 80 per cent
larger than in 1892 The glass workers
! have resumed ths anthracite coal output
is heavy and much beyond the present ca
/ pacity OF markets. the troubles in Illinois
| GOAL mines have been settled. and the new
strike Of shoe workers in Marlboro, Mass,
| is now the only labor h!ndrance of con-
sequence.
| II Is noteworthy tina Tin spite Of all
changes the price OF spot wheat Has but
| slightly changed. The exports for the
! week, -four included. have been 1865, 1853
| bushels fro Atlantic ports. against 1881
! ga last year. and from Pacific ports 9SS, 09S
! bushels. against 2.1s1. 324 last year, making
! in all for two weeks OF November 1872. 3S1
| bushels, against e,939.S 04 last year. Such
| returns leave wide room for conjecture as
| to the influences governing the price, but
/ with TO- 337,311 bushels received at western
! points during the week and in two weeks
20 1886 basheas, against 15.22s.le7 last
year. It can no longer be said that western
| supplies threaten 70 run short.
Corn exports alec exceed last years
amounting for the week 20 2.s95, 40 bushels,
| against 2.722 457 last year and for two
weeks OF November have been 5.506,051,
against 49, 09s last year. Such shipments
after the middle OF November go far TO
warrant the belief that the foreign de-
mand for this grain is destined 10 be
greater than has been expected.
Were it possible it would be gratifying 20
say that a little stronger demand for cot
ton, making the price 5.37 cents against
5.3l a week ago, had a solid basis, but
southern markets recognize the fact that
| the closing Of many mills here and abroad
owing TO excessive stocks OF goods on
| hand, does not offer bright promise. Crop
prospects appear so good that even al the
extreme low prices quoted there is little
encouragement for advance, in view Of the
heavy stocks held here and abroad. IN
der the arrangements between the mills
several have stopped, while others were
started this week and the production OF
goods has not materially changed A
records. but in general the demand i'm
proves.
The wooden manufacturer has gained in
orders for the coming season which jus
titles the heavy buying of materials re-
Gently seen, and there are also better or
ders for speedy delivery, but the demand
Is not large and much machiery is still
waiting idly.
Ia cola .F
markets were heavy 2S, 234, 500 pounds IN
three weeks, against 20,S65 800 last year
and 17,10S, 100 in 1892, they include two large
sales for export. covering three millions
pounds of Montevldeo and Australian wool
at Is and IS cents respectively. which make
clearer the fact that prices asked bv
holders here are relatively high Some
concerns at Philadelphia follow those at
Boston, though the market is. on the
whole, steady.
Iron is in bigger demand all the time
and yet production steadily Increases and
at Pittsburg Bessemer pig is slightly low
er. at s1O10, the new association being IN
dersold- Orders for plates are beyond all
precedent, including material for cars
bridges vessels and work of all sorts. and
structural work is seasonably quiet.
though the mills have much ahead. while
in bars the demand is considerably better
at Pittsburg, with orders for material for
5000 cars at Chicago Some works al the
east are short Of orders and prices are
held back. The expectation is that the
proposed rail association VII meet an ex-
tremely heavy demand for the next wear
especially FOR trolley lines. but II is stated
that prices will not be advanced above S9o
at the east and 81 at Chicago. In iron
products the next viii probably be a rec
ord-breaking year.
Failures for the week have been 232 Z,
the United States. against 267 last wear
and . in Canada, against 81 last year.
BRADSTREETS
New York, Nov. IS-Bradstreet's tn
morrow Will say:
Evidence accumulates that the good re-
suits flowing from the recent eleeric-s
are no longer confined entirely to i'm
provement in tone and confidence. though
the active feeling influences dealings in
both financial and mercantile lines Sew
eral substantial developments present
themselves this week notable among
which are number of advances in prices
exceptionally few declines thereof. grow
4AAS SNAS+AS III II lne pig iron situation.
unprecedentedly large weekly bank
clearings, and remarkably good reports
as 70 export trade, not only in the line
OF foreign products but in enlarged trade
n manufactured products. Distribution
Of merchandise shows but little change
from recently preceding weeks. out the
growth in confidence is reflected in vsrv
general reports Of improved collections
on past business.
First and foremost in The line OF eor-
eign trade extension are the returns re-
Gently made for October. pointing 70
exports for that month larger than in
the corresponding month OF any 2recsd- |
ing year, second only 70 those 81 Deem
Der last eyar, and cha-geable not go
much as formerly 10 enlarged expor-s q |
farm products but To heavily Increased |
exoprts % finished products Of Ame-ca7
industry. In this connection especially
good reports come from the iron and steel
industry. which has thereby been zen
dered more nearly independent than ever |
before Of fluctuations in domestic de- |