The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-09-08
G)T No HOWL COMING
Trade and Production Situa-
tons are Favorable.
IRON TRADE LOOKING UP
Cotton Strong-Grain Trade
Is Satisfactory.

anu the improvement IN general OlSIrIDu'
tive business in the latter part of Au.
gust has gathered force in the first week
of September. Leading features have
been the widening fall trade reported al
all points west, south and on the Pacific
coast; some improvement in the jobbing
demand at the east, with southern buy
ing a marketd feature; rather better re-
ports from the two great staple crops of
the west and south, wheat and cotton;
improved export demand for American
products, notably wheat iron and steel,
and cotton, and unvarying good returns
by the transportation industries of the
country. The corner appears to have
turned in bank clearings, because the
aggregate for the first week Of Septem-
Der, though broken by holidays, is larger
than the total for the preceding week.
The industrial outlook has been improv-
ed by settlement of the tin plate scale,
the general resumption Of operations in
the glass industry, the predicted salts
factory settlement of the remaining iron
and steel wage scales, and the possible
ty that recent large sales of print cloths
will avert a resort to wage reductions in
the New England cotton industry. The
anthracite coal trade outlook, however,
is clouded by the prediction that 10000
men will strike this week.
The iron and steel trade continued pos
itively cheerful in tone, and a large bust
ness has been and is now being booked.
No important gains in prices are report
ed. On the contrary. Bessemer pig is
lower on the week and little is doing in
steel billets. the price of which is little
above that of raw pig Demand is ex-
banding. however-10,9OO tons of southern
pig being shipped this week. and orders
for twice as much are reported booked.
Iron production showed a further heavy
decline in August but stocks again in
creased.
Wheat. including -four, shipments ag-
gregate 2.373.100 bushels, against 342& 373
last week. 4.G52. 9o6 in the corresponding
week of 1899: 3.20020S in 1898; 5461, 500 in
1897. and 3.7991n in 1896. From July to
date this season wheat exports are 80
217. Ss1. against 27,476,243 last season and
81. 793 500 in 1889. Corn exports for the
week aggregate 1852, 271 bushels. against
3.717. 400 last week. 4.7S6S78 in this week a
year ago. 3,Ss8 $50 in 1898; 4,94334S in 1897
and 2.S56.4lS in 1896. From July to date
4his season corn exports are 81. 254, go
bushels. against 46,O77.512 last season and
Is. 307. SS7 in 1S9S-99.
DUN'S REVIEW OF TRADE.
New York, Sept 7.-R. G. Dun & Co. S
weekly review of trade tomorrow will
say: The volume Of business does not
materially enlarge at the east and there
is only moderate Improvement at the
west and south; bat if expectations of
greater activity when politics cease to
disturb are realized, current opinion will
have to have laid a substantial founda-
ton. The most important event of the
week in the industrial world was the
agreement on the tin plate wage scale
with the Amalganated association, grant
ing about per cent advance to 81, 900
hands long idle. Other metal workers
are nearing settlement, While the pur-
chase of 50O,G90 pieces Of print cloths at
> 7-Sc clears up the Fall River market
and is believed to perclude serious wage
there. The final decision of
the dissatis anthracite miners as TO a
strike will be reached today. If a strike
is decided upon it is likely TO involve only
a portion of the anthracite interests and
the producers are well prepared, as pro-
duction in August was $1,000 tons over
last year and coal has been moving to
market for two weeks very heavily.
Prices of grain are little altered, good
crop reports coming in freely, but the eff
feet is being neutralized by a foreign es-
innate of a worlds crop below require
ments Wheat stocks carried over were
ample to meet the discrepancy and trad
ers do not seem able to advance prices
more than 5 cents over last years price
for wheat and cents for corn. This
difference is apparently satisfactory to
growers. as 7.430,372 bushels of wheat
were received at interior cities in the
first week of September against $685. SCI
last year. Exports from Atlantic ports
amounted to only 1,9Q25l0 bushels wheat.
-four included, against 290096 bushels a
year ago. The Atlantic shipments OF corn
made a better comparison than in recent
weeks, 2925,079 bushels, against 1851. 569
bushels last year
Cotton is strong in the face Of a larger
yield than expected. Business in iron and
steel products steadily increases, and
mills are more actively employed Octo-
Der l Is mentioned as the probable date
Of a general resumption. It is significant
that shipyards on the lakes and the Pa
cidc coast are fun OF orders for eight
months or more. As TO pig iron. the out
look is no better. In spite of q decrease
in production TO 23l.7SS tons weekly. ac-
cording to the Iron Age, furnace stocks
have increased 10 594.2lS tons. a gain OF
>sS7 during August; but the increase in
demand was noteworthy until August .
Railroads have refused TO make reduction
in freight rates. which il was hoped
would increase exports. Bessemer mig
and grey forge further declined one dol
lar per ton at Pir,sburg. although no
change is reported az other points. Con-
per continues drm. with electroli,ic higher
az Is 5-tc hid and tin advanced moder-
ateiy.
Last weeks shipments Of hoots and
shoes from Boston were only 7O.s45 .cases
4E2inst 7L977 in the previous week. and
Tor the year thus far the decrease com