The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-03-10

! brought the level down again, however,
! to point where new buying by sold-out
bulls is invited.
Print cloths and, in fact, all classes Of
| manufactured cotton has sympathized in
the strong tone Of the raw staple and the
first mentioned product reached 3 1-2
cents this week, the highest point for
several years past. Complaints of back
ward deliveries CT cotton goods continue
pointing to the urgent demand for sup
plies. Wool is rather weaker, following
the drop in prices at the London sale and
the rather slower demand from American
manufacturers, who, being apparently
well supplied for the present. are con-
tent to let the raw staple take care of
itself while obtaining a good market and
fair prices for the manufactured pro-
duct.
By another one Of the short swings
which have distinguished wheat prices
for long time past, quotations have
been advanced this week from the low
level touched some time ago, partly as
the result of less favorable reports from
the winter-sown crops in the several
western states and partly because of the
apparent unwillingness of country hold
ers to follow the market down. The
checking of interior receipts has appar-
entity been sufficient to allow of the
steady demand for wheat and -four and,
in a lesser degree, corn, to be reflected in
floating stocks.
Other staples also showing reactions
from late weakness are lard, coffee, but
ter and cheese. Among staples showing
mentioned sugar which is lower both for
raw and refined grades. Boot and shoe
manufacturers are actively employed, and
leather is firm, but hides are weaker or
lower at most markets. Building ma
terials are firm. except at cities where
labor troubles are apprehended
Despite rather smaller production in
February, due partly to disturbances
growing out Of weather conditions, stocks
of some classes of pig iron are larger,
but no appreciable effect appears to be
exercised under prices.
There is a steady distribution of hard
ware both light and heavy. at many
points Among other metals copper is
firmer, the main spring of activity being
apparently located in London, which is
reported cornered. The industrial situa-
ton is rather irregular, owing partly to
the combined strike and lockout of $1,000
building hands, building material work
ers and machinists at Chicago, and
partly to isolated strikes of small num-
bers of men throughout the country. On
the other hand. especially encouraging
features are found in the iron and steel
industry, where 5000 employees have had
their wages further advanced. Agree
ments between employers and employed
have resulted in a further advance of the
pudding rate at many western works.
Wages are now nearly 50 per cent higher
than year ago and for this particular
class Of work are at the highest point
reached in twenty years.
Wheat, including -four, shipments for
the week aggregate 4,20S,75S bushels,
against SS63.3S7 bushels last week 4,39S.-
S2l bushels the corresponding week of
1893; 4,S44.761 bushels in 1888; 1899 4S2 BUSH
els in 1897, and 2401,259 bushels in 1896
Since July l, this season, the exports Of
wheat aggregate 13S.57s376 bushels,
against 173. III sos bushels last year and
16S, 9n.514 bushels in 1898. Corn exports
for the wkeek aggregate 2.1S7,S24 bushels,
against 4,9o5, 30 DuSneIS last week, S4Jo,-
5S6 bushels in this week a year ago, g.
7OS SIS bushels in 1898. 5.SlO.5Ii bushels in
1897 and 1,70S67s bushels in 1896 Since
July / this season, corn exports aggre-
gate 145, 7l4.SSS bushels. against IL 421 .627
bushels during the same period year
ago. and 122, 595.795 bushels in 1878
Business failures IN the United States /
for the week number 1S9. against 173 last /
week, Il Tin this week a year ago. 2i7 in 4
1897 and % in 1896. Business failures in /
the Dominion of Canada for the week /
number SO. against % last week. s. in this !
week a year ago. 81 in 1895 So in 1897, and /
& in 1905