The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-02-17
in 1898 and IS in 1897 and 1896, respe
lively
DUNs REVIEW OF TRADE.


DUN'S REVIEW OF TRADE.
New York, Feb. 16-R. G. Dun & Co.
weekly review of trade will say tomor-
row: Business continues larger than ever
at this season in amount of payments
| and, on the whole, as large as ever in re-
tail deliveries, though new transactions
do not yet give assurance that 1t Will
hold at the same rate. Conditions affect
ing new orders and contracts have
changed in some respects most favorably,
while other conditions tend to restrict
operations for time, but a conservative
judgment Of the conflicting tendencies
appear to warrant strong hope.
Important branches of business are
hindered by. labor troubles, of which the
building trade strike at Chicago affects
the greatest number of contracts for In
dustrial products, and the labor and
wages of the greatest number of men.
Circums tances do not yet promise it's
speedy ending, and in some other
branches of industry, prosperity and adj
vancing prices seem to have rendered
controversies more frequent. But in
other branches declining prices or such
decrease of orders as may lead to stop
page Of works, have an opposite tend
ency.
The rise Of cotton to s% cents has
caused such increase in receipts and pur-
chases for export that reaction would
ordinarily follow. Goods have been fur
Their advanced and it does not appear
that the demand for them has been
strengthened. Between positive asser-
tons that stocks in the country have
been exhausted, or in a few days will be.
and equally positive assertions that
heavy receipts will continue buying of
cotton by spinners and goods by dealers
naturally hesitates.
The rise in wheat also brings out larger
western receipts, in two weeks s .444 292
bushels, against 6,296, 166 bushels last year
but Atlantic exports, -four included. in
the same weeks have been only 3,645 4OS
bushels, against 6,192,407 bushels last
year. The price closed half a cent high
er for the week. Corn exports Of 6,241. 900
bushels, against 4,SO72 bushels for the
same weeks last year, seem to justify
the rise of 1 cent, as western receipts
fall a little below last year in two weeks
n,O35,973 bushels, against q, O5S, 979 bush
els last year.
The suit of Mr.. Frick against the Car
negie company to obtain an accounting
and settlement discloses immense profits
made when prices of steel doubled last
year, but when peace was kept by the
gigantic iron and steel combinations.
That results of great Importance NAV
spring from contest affecting the con-
troll Of so many iron works Is evident
The new sheet company has united own
ership og 100 mills. it Is stated but four
widely known concerns controlling sixty
five mills refused to join. Prices Of pig
have not changed, though considerable
sales including some for export, are re-
ported, but the excess of supply over de-
mand which appeared in January is in
creased by the starting Of new furnace
with a capacity of 500 tons daily. A sale
IS reported Of 15,0o0,OOO pounds Calumet
and Hecla copper to consumers of the
Naugatuck valley at 16 cents.
Heavy sales of sole leather at Boston.
exceeding 10000 Sides at a reduction of
half cent in price. with unusually large
sales of hides at Chicago, also at lower
prices, indicate that the dealers and con-
sumers who have looked for cheaper
boots and shoes may be satisfied. Heavy
imports Of hides at New York have some
influence and are part due TO the famine
in India. Shipments of shoes since Feb
ruary 1 have been 2S.00O cases. or nearly
20 per cent larger than in the two weeks
of any other year. but many OF the
works are nearly out Of orders.
Wool sales at three eastern markets
have been only 1881. 256 pounds in two
weeks, against z, 535,690 pounds last year.
The interior still believes in a further
advance, but buying of wool On sleeps
backs has stopped and the manufacture
has made II clear that the mills hold
large stocks TO I'll recent orders. Cancel
lations became SO numerous as 10 cause
some uneasiness, but as yet only help
mills which have taken more orders than
they can i'll.
Failures for two weeks have been
SS.5S7.I7o; manufacturing. s.. SSs sS3;trading.
s. .65s.e0a. Failures for the week have
been rs in the United States, against rs
last year, and q in Canada, against IS
last year.