The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-01-20

be repeated. But the decrease of SO pei
cent in payments through clearing house
IS wholly due to great speculative ac-
tivity at New York last year, with sales
of 12,031,823 shares, against 6,51S,920 to the
same date this year, for payments outside
this city have been 4.3 per cent greater
than year ago, and greater than in
the same part of any other month.
This week the contract of 10000 tons
for a western road and two for bridges
requiring 100 0tons are the only big
transactions reported in iron products,
but heavy business was secured by con-
cessions, for plates at Pittsburg going
materially below s. % and for bars at
Philadelphia below 1920, the price OF the
association. Sheets are also lower at the
east, but 81 higher at Pittsburg Sales
Of foundry pig at reduced prices include
two for 10000 tons and No. l Lehigh Is
quoted at $24, but Bessemer and Gray
Forge at Pittsburg are held unchanged,
though without sales. The copper out
put of this country in 1899 was 262, 2O6
tons, greater by $1,000. or 591z per cent,
than in 1895, while the foreign product
last year, S9.240 tons, gained in the four
years only 3Oe2 tons. The price Of cop
per and lead are unchanged, with tin
higher at 271z cents.
Perhaps the most important industrial
event is the marketing of wooden goods
at prices averaging 1874 per cent higher
than last year. many makes having been
promptly sold up and withdrawn, while
others sell so vel as to g!Ye great en-
enlargement. As wool quotations aver
age 34.9 per cent higher than a year ago,
the rise in goods is not excessive. But
hopes of wool spectators for a further
rise We're dashed by the fall of per
cent in merinos at the London sale, with
cross breds weaker and considerable
sales at concessions of IL to cents fol-
lowed here, one of 100000 pounds Mon
tana at 20 cents, with numerous orders
to sell consignments hitherto held off the
market. Sales In three weeks, 1920, 500
pounds, have been smaller than in the
corresponding weeks of the three prev
ious years. Business in cotton goods be-
gins to increase, though in staples still
moderate. The goods now average 29.7
per cent higher than a year ago and with
the rise this week to 7.S1 cents, cotton
is IL per cent higher. Belief in a short
crop has helped the goods market and
still sustains it, though cotton is a little
lower than it was two months ago. Re
ceipts from plantations continue over
bird smaller than last year. but exports
decreased quite as much.
Shipments Of shoe from the east in ex-
ecutlon of old orders continue larger than
in any previous year, $50 25S cases in three
weeks, over 20 per cent larger than last
year and 3.S per cent larger than in 1898.
But new business does not amount to a
quarter of the current production, it is
said and in every line doubt about main
tenance of prices binders buying
The market for breadstuffs is not ac-
tive, nor have changes in prices OF ele-
vator wheat been of any consequence,
but the active May option shows a sharp
decline. Atlantic exports continue far be-
low former years, in three weeks sos, S25
bushels against 13,224,OS2 last year, and
Pacific exports in the same weeks were
:, 291, 775, against 1,S53, 994 last year. West
ern receipts were in three weeks only
S. 6S2. 132, against 1906, 4S2 last var. Corn
are smaller than last year by
900, 900 bushels for the three weeks, while /
exports have been 10,3S5,l bushels. /
against 9.510,499 last year, and this &C
tive movement caused spot quotations /
to advance.
Failures for the week nave been 242 in I
the United States, against 24S last year, 1
and 40 IN Canada, against q last year.