The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-07-30
WAR NEVER HURT /
But Peace Is Looked TO to
Help Trade
WHEN CONQUERED LANDS
Are Converted to Uncle Sans
Own Use

| New York, July 2e.-Bradstreet's tomor-
row win say:
! While as yet showing little actual effect
| upon distr1butive trade. there IS evidence
| that the improved prospects that peace
/ will make better markets for American
! products have given more hopeful tings
/ to the trade outlook. more particularly
/ at the east This IS reflected IN active
preparations by shippers and coasting
/ trade interests 10 share in the expected
widening OF demand from the West In
/ dies. As for some time past, however,
! reports OF solid business returns come
! mainly from the western part OF the coun-
! try. and IN the markets of that section
/ are reported signs OF the ground-s~ell of
/ demand Signs OF cumulative improve
! rnent come from the iron and steel indus
/ try. more particularly from west OF the
/ Alleghenies, where slight advances in
/ prices accompanying good volume OF
| domestic and export business are reported.
Expected activity in ship-ouilding IS re-
! fected in the demand for plates al east
/ ern points. A rather better tone is found
/ in the artnr2 cite coal trade in which, as
! a result OF another one Of those numerous
/ gentlemen's agreements" prices have
! been advanced at the west from previously
/ low cut rates. The situation in cereals
/ Is hardly as satisfactory as could be
/ wished, cash prices being lower for the
/ week in faco Of probably record-breaking
/ small worlds supply on August l, and
! good exports from this country, while fu
/ lures are less depressed. but exhibit the
! pressure Of expected liberal supplies at
M a.
/ The sugar markets remain dull and
stocks OF refined in the channels Of distri-
/ button are reported small. Raw sugar,
/ however. remains fearureless, perhaps
awaiting g closer approximation as 10
/ the effects Of recent or imminent changes
/ in territorial authority on the sugar trade
/ Of the world.
( The textile manufacturing situation is
yet q rather clouded one, a shut down
! OF print cloth mills peing regarded as
! probably another effort 10 restore the lost
/ balance Of this trade.
i Wooden goods are still slow of sale, while
/ the relatively low range OF wool prices at
/ eastern markets and the improved inquiry
! by manufacturers has stiffened values,
! with the effect Of discouTa ging sales Raw
cotton IS firmer on reports Of excessive
/ rains affecting crops.
Cereal exports sciH continue OF a sat
/ isfactory volume, wheat shipments for the
week (four included as wheaO aggre-
/ eating 2,271,s72 bushels, as against 2.303.-
! 46S bushels last week and compared with
/ 2343, G21 bushels in the corresponding week
( OF last year, 2.64S 76S bushels in this week
[ of 1896, and !, $50 107 bushels in 1895 and
j 2,9U7. $50 bushels in 1894.
Since July I this year the exports ag-
/ gregate 1904 so bushels, against s,3+6. 600
! bushels last year. Corn exports aggre-
/ gate 2.601,S21 bushels, as against 2,S22, 12S
! bushels last week, 14S2, rs bushels in
/ 1877, 1.95 ,Sl2 bushels in 1895, 594 sos bush
! els in 1895. and 1900 bushels in 1894
| Business failures in the United States
remain at a normal low point, aggregating
! for the week 1S9, against 1S8 last week and
/ compared with 259 in this week year
! ago, 294 in 1886, 22l in 1895, and 220 in
1884.
DUN'S REVIEW.
| New York, July 29.-Dun's review Of
/ trade Will say tomorrow:
! Wheat receipts for the month thus far
have been 1909 1874 bushels. against To-
: 652 GA last year, but prices have declined
! l1jac, and farmers are holding back Their
wheat IN the hope of higher prices. The
/ exports for the week have been 1901
! as bushels from Atlantic ports -four in
! cIuded. against 1,71S.7S9 last year. and
! from Pacific ports 126,117 bushels, against
! 429 291 last year, making for the month
! S13S,132 bushels. against :, 422 49, last year.
/ Corn has made little advance in prices
| owing TO reports of injury 10 the crop
and also because exports for the months
thus far nave been singularly well main
/ tanned. amounting to 6,757,e63 bushes.
| against S009.6i6 last year. Wheat on the
| contrary, has dropped about SI2c, with
| prospect of further decline.
The prospect Tor cotton is generally good
| though too much rain is reported in some
| southwestern states. The manufacture IS
little encouraged by better demand.
though prices did not improve. The CT
| fort 10 curtan productions at Fall River
has been checked by refusal Of mills al
| other points 70 cooperate.
| The sales Of wool show a rena- ka bl .
increase in large transactions for which
TO prices are named. four being quated
at Boston covering 2.5oo,O90 pounds and
/ the aggregate at the three chief markets
/ has been :. ~ so pounds for the week ami
! for four weeks, Is,9l9. 200 Of which I3.5ll.-
400 were domestic The demand for goods
IS rather better.
The Official report OF iron production
for the first half Of 1895 shows an increase
| OF over half \ million tons, compared with
| any previous half year, and, what IS far
: more IN DQTtaElt. me COlSullp t4Q0 II man
/ ufactures appears for the half 10 have
exceeded the output. Estimating the ex-
ports for June. only five months having
been officially reported, the consumption
/ has been So i55 tns. against 5,9]3,75 pro-
/ duced. averaging 9el.5s1 tons monthly,
I against oS4 30 tons pr0ducsd. Il - Vel
% member that in July, when production
I declined because Of sto2Dsge for repairs.
I tle decrease n uEsOld sock was AIS tons
I weekly. The new orders received ara sur
/ 3-isi1giy large Ior the season. Govern
: coo tons AT New York for rails and j 1sl
Z pending Tor Russia. and F0 for Japan.
. Win 1900 taken al Clicago. and note
/ worthy demand for structural forms az
: Philadelphia. and increasing for bars. v n
/ enough 20 keep The plate mills busy 1or
/ a long tine. a larger demand for 'a-s rs,
/ Chicago. including one order for 5.el5 t9u'
implement stun and an excellent s---c-ri-
raj demand ard the heaviest demand fo-
plates ever known a. Pirtsourg- SaIs
Of besseuer iron has been heavy. reach
ing 25.oo1 tors al Pitts5urg without change
n prices
Failures for the week have been I. II
the United States. against - .asI year,
and Is IL Canada. against 5 last year.