The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-03-17
IR|SBFbRNERS' WEEK
Increase in Farm Products
Values Is a Feature.
YEARS. HIGHEST PRICES
On Wheat and CONNECTION
Highest Since '93.
YEARS. HIGHEST PRICES

New York, March 16.-Bradstreet's to-
morrow VIII say: Trade advices are as a
whole cheerful and the strength of values
is apparently una,bated, though some soft
! spots still present themselves. A prom
inent feature this week has been the in
crease in strength of values of farm pro
duets, nearly all the cereals, pork pro
ducts and cotton advancing, while mater
ials for manufacture and the products
thereof have generally remained steady
or unchanged. The government report on
the quantity of corn in farmers hands
showed a smaller than expected supply
and quite All outbreak of speculative in
terest occurr ed, sympathized ia by wheat
and both cereals reached the highest
point touched on the crop of 1899 Loui-
dation on tn e advance brought about
some reaction in prices gro wing wheat
crop advices proving rather depressing
whole antl the statistical position re-
naming as hearish as pointed out in
these columns last week. The close finds
quotations above those of a week ago II
seems evident that the weather and the
growing crops will constitute price-mak
ing features for some time to come
The cotton goods market has strength
enCsd and a number Of advances are re-
ported this week, but except at western
distributing centers the business done has
been rather smaller than for some time
past. There is a tendency to believe
that the high point has been touched
and until retailers have disposed Of some
on their supplies the outlook is for con-
tinued quiet at second hands Wool is
fairly steady, but manufacturers are ont
of the market and CONCESSIONS can be OBJ
tanned though London advtces are bet
ter.
Manufa cturers Of shoes arr. busy and
weather conditions have rather favored
the retailer by enabling him to dispose
of some carried over stocks. Copper has
been stronger in tone. Lend, after q
break due to enlarged receipts. is firm
but slightly lower than a we elk ago. An
thra cite is lower, in keeping with the adj
vanced stage Of the season, while blum
inous grades of coal are fiji m
Though quiet, the iron a, ad steel situa
ton has developed a rather more conf
dent tone Less is heard about shaded
quotations, though, on thts other hand.
the volume of new business has not been
very large. Some law-grad,a pig iron has
been moved at concessions BY the TAX
ing of orders for Bessemer pig at Pitts
burg this week the entire production for
the first half of the year in that district
has been placed. Southern iron advices
are Of steady prices and of rather more
inquiry on export account. Except i'm
medately in Chicago, where the idleness
of many thousands of men has made for
dullness in the machinery and kindred
trades, the western iron situation seems
a strong one. Reports of con- ing activ
ity in railroad building multiply, but it
is possible that a false construction NAV
be put upon the reports that $1,000 miles
of new road are projected. he heaviest
mileage ever built was in 1884, when less
than 1900 miles were constructed, and il
is. Of course, safe to say that nothing
like as large total will be built this
year as is reported projected, more par
ticularly as new railroad building now
viii be largely a matter Of extensions of
existing lines rather than the building of
new roads. Structural material is in bet
ter request and some very large contracts
will shortly be placed.
Wheat, including flour, shipments for
the week aggregate 2,727.450 bushels.
against 420S.7 5S bushels last week, 4,114.046
bushels in the corresponding week of 1899;
9,67S056 in 1898; 1,G29,434 in 1897, and 1,5S2.-
123 in 1896. Since July !, this season, the |
exports Of wheat aggregate IL, 306. $50 |
bushels, against IFS, 225,7n last year, and |
172, $50 in 1898. Corn exports for the |
week aggregate 8, 739. 231 bushels. against
.S24 last week, 4,211, 326 in this week a |
year ago: S.9n,S74 IN 1898; 5939;31S in 1897. |
and 1,So2924 in 1895. Since July l, >this |
season. corn exports aggregate 149, "A 12s |
bushels. against 121, 953 during the |
same period a year ago and 1876 5S7, 669 in |
1S97-9S
Business failures in the United States |
for the week number $780, as compared |
with 1S9 last week. 205 in this, week a |
year ago. 23S in 1898: 23f in 1897 and 800 in |
1896. business failures in the Dominion |
Of Canada for the week number 2S, as
compared with SO last week. q in this |
week year ago. % in 1898; Sc in 1897, and
30 in 1896