The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-02-26
DESPITE WAR CLOUDS
This is Almost a Record
Breaking February.
DISTRIBUTION OUT WEST
Begins Earlier For Spring and
in Greater Volume.
DISTRIBUTION OUT WEST

New York, Feb. Pr G. Dun & Co. S
Weekly Review of Trade will say tomor-
row:
Foreign possibilities have much affect
ed speculation and caused hesitation in
some large business operations, possibly
accounting in part for the check in the
rapid advance Of wheat. but industrial
production continues larger than ever,
q few more works being added to the act
i've list with a decrease in the number of
hands on strike, and renewed evidence
that the volume of business is larger than
in February Of any previous year. Nor
is there any symptom of senseless craze
based on rising prices. The legitimate
export and domestic demand presses
closer to the capacity of the works. and
though there is no fllghty advance in any
line, and in all narrowness of profit is a
matter of complaint new business for this
dull season is unprecedented.
Wheat continued its progress upward
until s1.08% was reached on Monday but
declined 3A cents later, as if there were
fears that Spain would somehow stop
British vessels from taking wheat across
the water. Any yielding based on foreign
possibilities deserves little notice, but
since the price had advanced about 10
cents since Chicago spectators last took
occasion to shake off weak followers, and
the opportunity for reaction was inviting
There is no abating of foreign demand.
Atlantic exports were 1.e6S,S14 bushels,
-four included, for the week, against
1926 IA bushels last year, and Pacific
coast exports were 1576,376 bushels.
against 136 464 bushels last year, and in
view of current excitement these figures
are more important than the aggregate
for four weeks, 1O,496912 bushels, against
65S8, AS bushels last year from Atlantic
exports and 5,O53,028 bushels, against
1611,246 bushels, from the Pacific ports.
Corn exports for the week were AS per
cent less than last year, but the cash
price declined but slightly. The spot price
of cotton was not affected.
1t is not the season for much improve
ment inteXtile manufacture, but the cot
ton branch has gained by the closing of
the strike in one Fall River mill and by
the addition of some works at the south.
The woolen manufacturer meets many
cancellations, especially in goods sold
early without definite price. but is doing
more than ever at this season, though
new business in the higher grades of
worsted and woolens is not particularly
encouraging. Sales of wool are slow,
with weakness in clothing amounting to
about 2 cents decline from the highest
point indicating that mills have at pres
ent abundant stocks, but some are sell
ing foreign wool in order to take sup
plies of other qualities. In goods of
medium and low grades the demand con-
tinues large. The silk manufacture shows
a remarkable increase during the last
six months. having imported raw material
far in excess of consumption in any pre-
vious year and at hate 120 per cent
above the imports in the last census
year
The iron manufacture has more de-
mand for products and slightly better
prices for Bessemer pig, which has ad-
vanced TO 800 at Pittsburg, with Grey
Forge unchanged there, local coke
strong at Chicago in spite of some
southern weakness and eastern anthra-
Il
are a shade lower No finished products
have changed in price, and all are strong
IN demand, excepting bar which a COM
hination has failed to advance. Some
large contracts are reported, especially in
car and bridge building, ship and struc-
tural work and the demand for sheets is
heavy. Mino metals change but little,
tin weakening a shade, to II cents, with
large receipts
Failures for the week have been 233 In
the United States. against 296 last year.
and 50 in Canada, against 50 last year.
BRADSTREET'S
New York. Feb. 25.-Bradstreet's tomor-
row will say:
While business of a speculative nature
has been quick to reflect the increasing
strain in political affairs, in reduced val
ues and Withdrawals or curtailment of
activity in some lines, there is little TO in
dictate that the volume OF distributive
trade has been reduced, and reports to
Bradstreet's this week, so far as the lat
ter branch Of bushes sis concerned, are
among the best received this year. With
few important exceptions, the price sit
uation is one Of strength, while the en-
!arged demand for coarse grains is taken
to reflect the turning of attention from
high-priced cereals TO those of lower
priced character At the east last weeks
squirt in the dry goods trade a Boston
does not seem TO have held, but at New
York there is considerable more doing
IN the jobbing trade. The cotton situa-
ton is one OF firmness, rejecting alike
the curtailment OF production growing out
of labor troubles and the firmness of raw