The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-08-19
GAIT GET TIE STEEL
Cramps Lay OF Men and Ask
Russia for More Time.
GATHERS STRENGTH
Fall Demand Expands and the
Outlook Is Bright.

New York. Aug. las-R- q. Dun q ca's
weekly review Of trads win say toner
rev: The Cramps have discharged nany
hundred hands and ask Russia to sxtsna
time for completion Of two warships. b.
cause they cannot get the steel Compile
ton Of a cut OF 81 vessels building In
the Delaware Is also affected. It Is q curl
Gus experience for this country but shows
the gigantic expansion OF home demand.
No enc can question the fact that pay
ments through the principal clearing
houses have been In August Sc per cent
larger than In 1877. for the month thus
far, and outside New oYrk = per cent.
No better tsst % The volume Of business
is known. but there Is q growing handi-
cap In the advances OF prices. How long
and how far this advance can so without
reaction Is the problem which Level
headed business men are studying ESt-
dences OF checked consumption are rare.
but II would be childish to hone that AZ
some point higher prices would not
hinder buyers.
In iron the question Is Of steel hiliets.
which the great consuming companies
have bought far In advance. 50 that all
new orders have n narrow market For
six months billets have sold at - to s.
higher than the rails maze from them.
Rails have Advanced 81 per ton. with
work covered for all this year. and CO.,
Oo9 tons or more than beyond what can
=. -.
Cotton rose a week ago to IS cents. bet
has fallen 10 SEC Mr.. Neil having es;i-
mated the coming yield alta i1.EoOoo 20
u. 10000 bales. Official and other esti-
mates are all much smaller. but the man
who judged rightly a year ago has the
floor.
For wool, Coates circular for August Z
SIN holds good. although inside quota
lions are mUre often made Goods have
advanced further. especially IN casSi-
meres. cheviots and cotton warp cash
meres and the tendency Is Onward In
nearly all grades.
Wheat has advanced about a cent dur
nag the week with Atlantic exports only
ASA. ne bushels. Hour included. against
2.Ods.ssO bushels last year. and Pacific ex-
els las; year. Western receipts have been
only 3H2u7 bushels. against a2ssEo
bushels last year II Is a question whethes
the smaller receipts are due 10 recent
changes In crop prospects giving holders
OF grain a better outlook Il. Is siEnlh-
cant that corn hos risen three-sighths %
a cent. with receipts OF 1aos.es2 bushels
for the week. against 3.5H.lss bushels LAST
year. while the exports have been Aosa-
3os bushels. against 2.z70.3e7 bushels last
year. The figures clearly do not indicate
a material decrease IN foreign demand on
the whole. although for wheat u T. some
what smaller than appeared IN July.
BR2DsTREErs
New York. AuE. lS-Brads;reet's WIN
say: The trade situation gathers strength
as sumner wanes. Reports % expanding
fall demand arrive. accompanied By very
cheerful advIcea.as 10 che outlook In most
parts OF the country. In manufacturing
lines production appears 20 be n a max
imum and the price situation retains most
OF it, old strength. Notable In the mat
ter Of added strength are most Of The
cereals and iron and steel In many forms.
The impetus given 60 wheat prices By re
government report Last seek has ben fur
Their reinforced by less fayorabls Greg
advlces from other countries. notably In
dla, and export business f. reported come
what improved. Adyioes az % the corn
crop are eth az favorable as, ever. ssms
states. notably Kansas. reporting phs.
nOrenally large Yields. lodging from nn-
merous reports che scarcity Of suppiies q
iron and steel y becoming increasingiy
serious. supplies % structural and ship
building material 5eing reported made
quate al al points There IL an sppssr-
ance OF quiet Al eastern markets. n0t
shared In. however. by western oenisss.
where sales are reported large and prics
advances numerous The question % cut
look AZ 10 prices seems 20 BE- largely trans-
ferred 20 next year. and liberal bookinss
are reported for the nrzt quarter % 10.
With some southern engagements reported
running ss far ahead a. autumn q year -
from now
A no,abie exception 20 the general
strength to prices e found In raw sosion.
With. has 8izferzrded almost UnsBin0us
reports % crop deterioration and ioai IN
81 last week = 1dFAntes tNiiA u ~ -
suanca % a beaTish crop erslrnass. which.
from the present outlook. at hast s-snls
very heavy. and ~ the hast prsruatSsely
lssaed The strength IN che eytton gods
market IA maintained. though NJ advsncs
ye. % s,zpls b reported
In wooden rods orders FOR iighi usighs
mems Eesr gods eoaosss hsaEy. aaa
saE wool. though lsss active. IL No les
ar-a. and hizh CRATES are particularly Usa
seid TIE advance IN b5ofs srd shSss
sssnyz % have sesn fsit su' Hstis. HSst
staples. sssd~ from thoss rneniionsd. srs
e--n and uarhznEsd or tss ~s@k- Lsfn-
be- stII reasrta activity n bsiieinz- as4
advances - wrztsrn Klsrks's are azsia
rsrsgrrs6 c'urrsa; raisraaA earDings shog
is,1e reflection o. ths fafl.aK ~ ~ -
grain a04eussn, zns make sEesilenf o1Es-
nzrssa-s nth tas Pr-osstnS yeasp. Ee3
the Ike h ,sss q ~: ssrninEs-
rsssissss fysssrsE fsr ne Essk rsEhsr
II As csrnesraf-a with rs isss ussk. -
IN tsis sex = yssF an. - ia -.
81 IN 80 sns - IN 1sa6 fussnEsa fsli.
rres IN she r'snsintga q cssa1a aambzf
=. - e91esrss uiif = ~ Sssk. = -
SIS week = year ns7. q ~ 80. > n - i.