The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-08-06
HREH VAR IS OVER
There viii be New Markets
For American Wares.
TRADE ANTICIPATES THIS
Meanwhile Actual Business
Has Vastly Increased.
TRADE ANTICIPATES THIS

New York, Aug. s.-Bradstrset's tomof-
row will say:
The stimulating influences OF the ap-
psrently Gear approach Of peace. coupled
with the generally expected beneficial 4f-
fects IL is hoped VIII flow from The open
ing Up OF new markets in ths lands added
20 the nastonaI domain, seem 20 increase
as the summer Nanes. That tbs improve
ment, while as yet admittedly one largely
Of sentiment. is not entirely SO confined,
however. is proven by reports OF a still
further increased distribution OF staple
goods in the west, northwest aid Eoulh-
west, whore the excellent crop situation
has rendered harmless the supposed be-
numoing effects OF war. So fa- as the
crop situation is concerned, the past week
furnishes not the least notable c01tribu-
ton OF the year in reports coming from
the great surplus corn states OF beneficial
rains, checking a determination which
threatsned matsrisl damage to this most
widely grown and intrinsicaily valua bic
of~the coun1rys cereals. While the ten
dency generally is 10 concede some dimin-
ution in the corn yield as a result Of
NA-1 AON-AAN ~ CN5 ~ lAAC SLCadAAAcSS VI Tie
price OF that cereal bears witness 10 the
willingness OF the trads to believe that
some falling of in this years yield can
be safely permitted, il view OF the crops
OF other years.
Another encouraging feature Of the
week has been the perceptible growth IN
strength OF the iron and steel situation.
party as the result, 1t is claimed, OF the
hoped for approaching close OF hostili-
ties. but partly also as the result Of an
active demand On domestic and foreign
account for nearly all forms Of those
metals. Particularly notable IS the de-
msnd more especially in the centrai west,
for iron for agricultural impremenI man
ufaotures and for steel rails and plates
for export or for domestic ship building.
Firmness in prices is a feature OF partic-
ular interest IN view Of the enormous pro-
ducton Of pig iron from early in tbs
year and apparently reflects thu going into
consumption Of most OF this Immense
production, leaving stocks generary with
in controlling limits. ENCOURAGING eN-
port demand for our cereals, great steadi-
ness of prices, largest recorded midsum-
mer bank cleerings and fairly encouraging
railroad earnings. Notwithstanding the
willingness of farmers to acc.pr cereal
values, are additional encouraging fea-
lures Of trade at the present time.
Prices are quite generally firm, or tend
ing upward, in spite Of the midsummer
quietness in many lines Of trade. AS a
result Of the operations IN July, 90, or
about one-third Of all staples, advanced in
value. 27 declined. while 81 remained
steady or unchanged Advances IN many
cereals, except wheat and -four, I've
beeves and hogs, a number Of provisions,
dairy products and groceries, most raw
textiles except cotton, petroleum. rubber.
alcohol, opium and quinine, are features
Of the months operations. Important de-
creases, aside from that in wheat are
found in some few makes Of iron and
steel, some other metals and building lum-
Der. Compared with August one year ago,
66 out of 1o+ staples are higher. % are
lower and are unchanged, so that Il may
be said that compared with a year ago
there have been more than two advances
for every decline reported.
Wheat shipments for the week -four IN
clpded as wheat. aggregate 4,111314 bush
els, as against 2271S72 bushels last week
and compared with 3,30S,4S7 bushels in
this week a year ago. 2.247.750 bushels in
the corresponding week OF 1895; 1850, $50
bushels in 1895, and S.H7.200 bushels in
1884
Since July this year the exports Of
wheat aggregate L. 435122 bushels, against
Il 665. o24 bushels last year
Corn exports for the week aggregate
32Ss, go bushels. against 2.501so1 bushels
last week; 3 22S Ss5 bushels in 1897; 1257.-
4Ss in 1886; 1106 30, IN 1895, and 22s 100 bush
els in 1894
Since July I. this year. exports Of corn
aggregate 13.514 800 bushels, against r.
4s1. 205 bushels last year.
Business failures in the United States
are at a minimum, numbering 1Se. :den-
teal in number with those Of last week
but compared with PA in this week a year
ago. 24s in 1895; 209 in 1885, and 1s6 in
1854
Canadian failures number y as COM
pared with "a last week Al IN this week
a wear ago, IS in 1896, 81 IN 1895, and 20 in
1874
BRADSSTREET FINANCIAL RE
VIEW.
New York. Aug. 5.-Bradstreets finan-
cial review tomorrow viii say:
Peace negotiations and the better cut
look for the corn crop. resulting from
rains at the west have brought a change
in speculative conditions. The stock mar
ket has been broader and shows he
presence of increased public participation.
Prices have tended 70 advance. and
though the industrial securities bore an
important part n the weeks movements.
renewed attention has been paid 20 the
railroad share list and the E-ange-s
stocks have resumed their position ~
leadership. Bouds have been active and
strong. governments showing decided
disposition 70 advance The new thea
per cent war bonds are the object az
decided buying demand. and touched
L6sa.. while other classes OF United States
securities have been higher. In the rail-
road list the advances have been marked
an invest eat demand resulting IN a new
price record for many Of The bonds y -
organized roads Ike Erie. A.chis3u and
Northern Pacific. while speculative pr
chsses have helped values FOR the cheap
Iow-Era6s issues London has not been
sn important factor. and though seuti-
ment there Is favorable. there was some
foreign selling on the advances here. L
Do You