The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-04-07

ening to the entire iron and steel indus
try, has been called off, pending arbi-
tration. The price situation, too, is en-
couraging, farm products easily leading
in the upward movement. Wheat crop
advices are, on the whole, favorable, ex-
| cept from the central west. Sympathy
is shown with corn, which in turn has
| been influenced by the steady advance in
| hog products and by the known small
| ness of reserves in cribs and in store
Nothing like the speculative interest in
corn has been seen for years past and
the price now is little below 30 cents at
New York. Hog products are very strong
statfstically. Porw is 80 per cent and
lard is 25 per cent higher than a year
ago. Another product of the farm, cot
ton, has developed renewed speculative
interest this week and a slight upward
swing has occurred as the result of in
creased speculative interest working
along previously mentioned lines.
Cotton goods are seasonably quieter at
first hands, but a fair jobbing business
IS doing and retail distribution is en-
couraging. Wool is, on the whole, weak
er, but reports from the wooden goods
branch are quite favorable. Cancellations
reported are the smallest there is record
of. Lumber has shown some weakness
at widely separated markets this week,
pointing to a not altogether satisfactory
outlook in the building trades, whether
because Of heavy advances in prices or
Of unsettled labor conditions
The iron and steel situation shows some
effects of the recent missionary work
in aid Of lower prices, but results as yet
are rather in thefoleahpsdi etaoinnnn
are rather in the shape of unsettled feel
ing than Of actually lower quotations.
Bessmer pig is actually as firm as ever.
Identical reports come from Pittsburg
and from Birmingham as to the strength
In the cruder forms. Steel rails are firm
and quite active, particularly in the west.
and whatever weakness is noted is in
some few lines of finished steel and in
the low grades of foundry pig iron. Re
cent advascves in wages and the strong
conditions in the bituminous coal and ore
markets certainly point to nj great
shrtnkage in prices, Notwithstanding the
fact that the current demand is Of a
hand-to-mouth character, and buyers are
still waiting for break In addition ex-
pert inquiry is persistent ARD from all
parts Of the earth.
The better tone of the boot and shoe
industry is reflected in steady prices for
Gather and some advances in hides. Con
per Is stronger on reported increased ex-
port demand and lead is strong while tin
is slightly lower as result Of specula-
ton. Butter, of course, reflects the adj
vancing season and more liberal deliv-
cries, while the slight shading in petro- |
leum is hardly significant.
Wheat, including flour, shipments for |
the week aggregates S2S 263 bushels |
against 1892, $40 last week, 1854 800 In the |
corresponding week of 1899; 3,77S,726 in |
1898; 2036. 767 in 1887 and 1,764, sos in 1896. |
Since July this season the exports OF |
wheat aggregate 151,OO9,643 agaisst 1885,
S45,54O bushels last year and 1S3, s4627S in
1878. Corn exports for the week ag-
gregate 4,361,591, against 3,19363S last |
week, 3,s45,5S5 in 1897 and 1,391,S46 in
1896. Since July /, this season, corn ex-
ports aggregate 1Go, 123,2O6, against 49,
2S9,679 during the same period a year
ago, and 1S9, 10S649 in 1S97-9S.
Business failures in the United States
for the week number 12S, as compared
with us last week, 100 this week a year
ago. go in 1898, 2S2 in 1897. and 231 in 1896
Business failures in the Dominion of
Canada for the week number %. the same
number as last week, and compared with
Il in this week year ago, SO in 1895, 80
n 1897, and 80 in 1896. For the first quar-
ter Of the year failures are fewer in
number than in 1899 and liabilities are 7
per cent smaller