The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-04-14
Halt N IRON TRADE
High Prices Check the Boot
and Shoe Output.
HESITATION IN TEXTILES
Big Grain Shipments--Finance
in Fine Shape.


New York, April 3.-R. G. Dun & Co.'S
weekly review of trade tomorrow viii
say: Iron furnaces in blast April pro-
duced 23e. 4S2 tons weekly, against 2e2, CAB
tons March l, but unsold stocks increased
2,2So tons. A mistaken inference, possi-
bly, fatal to many in it's consequences,
is that stocks held by consuming con-
Germs must be running down. AS they
contract for their supplies months ahead
and such supplies whether delivered and
not consumed or waiting their orders at
furnaces would not be reckoued in IN
sold stocks, the surplus owned by con-
sumers may be heavy. For new business
in finished products is reported 10 the
Iron Age from Pittsburg as "frightfulIy
small" owing 10 the belief that high
prices cannot be maintained, and no bet
ter report comes from Philadelphia. With
No. l anthracite lower, refined bars s.
and steel plates 81 per ton lower than in
December, it can hardly be called impos-
sible for prices to yield, though many
are so firmly held. Pittsburg reports a
number Of plate mills shut down and five
Pennsylvania and Ohio furnaces have
stopped, perhaps for repairs, more than
balancing five which started in March,
two in Tennessee. adding 300 tons
weekly
The boot and shoe industry also falls
behind in output and IS closing some
works and running many others part
time, because prices are higher than re-
tailers seem ready TO pay
A heavy wholesale business has been
done IN dry goods, but the question is
now whether retail distribution Will JUS
tify it. As yet, returns are not salts
factory, there is an increase, but not
enough to warrant the buying from mills.
Wooden and worsteds are duh, with con-
cessions in fancies, though staples are
well sold up and are firm, the material
declines further averag ing nearly hat g
cent lower than April / There is the
same uncertainty in cotton goods as in
retail distribution, with quite as much
doubt whether prices VIII be maintained,
though the material has again been ad-
vanced as il is in speculation. But ex-
ports in March were in value $50 096, 15S a
gain over last year Of 81, S26.S 95. so rap
idly has Europe supplied its needs. This
enormous gain made exports Of the chief
staples SIS, So, S33 greater in value than in
March Of last year, though decrease oc-
CURED in other items. Yet only a frac-
ton Of the gain was in cotton shipments
from New York, leaving the other great
increase here to be explained by manu-
featuring reports mainly.
spite of the heavy balance due on
merchandise accounts there has been talk
of gold exports and small amount has
gone to Buenos Ayres on European ac-
count. Supplies OF money are abundant
here, the banks having again gained
largely. Rates are low and commercial
demands narrow, and the interior is bet
ter prepared than ever to do without
aid.
The exports of wheat from both coasts
continue larger than last year, though
much Of the gain is at Pacific ports. not
directly affecting Atlantic supplies. Flour
included. Pacific exports in two weeks
have been 151S.254 bushels, against 564, 80
bushels last year, but Atlantic exports
have been 3,912,S57 bushels, against g.
96o3S0 bushels last year. In spite OF all
reports Of exhaustion of supplies and in
jury TO growing wheat western receipts
continue larger than last year. in two
weeks 6,764.640 bushels, against 5963,66
bushels last year. Corn receipts also con-
tinue heavy, S,S11,167 bushels, against
4637 ,613 bushels last year.
Failures for the week have been 193 IN
the United States against 1sS last year,
and Al in Canada, against . last year.
BRADSTREET'S RAILWAY REVIEW
New York. April 13.-Brdstreet's, in its
issue tomorrow, viii say Though not
showing as heavy proportionate gain in
March as in February, gross railway
earnings for the former month make an
excellent showing. and one, too. which
has not been monopolized by any one
class of roads but is, apparently, well
distributed throughout all sections Of the
country. The aggregate earnings OF 102
systems. operating nearly 10000 miles Of
track were $3.50, as, a gain Of 12.5 per
cent over March a year ago, and follow
ing successive gains in the same month
for many years past. or the I0S systems
reporting for the month Of March only
4 showed decreases, the tendency to-
ward increases being most marked in the
Changers, the central western and The
southern roads. The largest number Of
decreases. proportioHately, IS that report
ed n the coal road group. while the
southwestern roads furnish 4 number Of
small losses. For the first quarter Of the
year the showing Is likewise a good one.
The total earnings Of les systems FOR the
first three months aggregate Sl53 .9aS
a gain OF 15-2 per cent over the same
period a year ago"
Beggs' Blood Purifier makes sick peo-
pie well" Miss May Meyer. Trinidad.
Colo. says: My blood and system SEEM
ed all out OF order. but since taking
Beggs' Blood Purifier my general health