The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-06-22
Is BOOKING
Dunn Announces Increase
in Distribution of Goods
WIDE SPREAD PROSPERITY
Drop News Good and Less
Trouble in Labor Question.

New York. June 21-R. c. Dun & COS
Weekly Review Of Trade tomorrow VIII
say:
Increasing distribution Of merchandise.
particularly in the territory beyond the
Ohio river. including the far northwest,
is a feature Of the general business stu
alton. and tells Of widespread prosperity
and confidence. The railroads are car
rying more goods that may be cIassed as
luxuries than ever before. and in spite OF
Wall streets slightly higher money mar
ket there is no fear on this score in any
line Of legitimate trade. Crop news con
tinues good, there is less trouble from
disagreements with labor and the Ions
laggard cotton goods market has recov-
cred slightly with the reduction Of IN
sold stocks Of print cloths. Less interrup-
ton through labor controversies at ma
chine shops makes the iron and steel in
dustry more fully employed than in re-
cent Y eeks, and for another week there
IS assurance Of vigorous activity at mills
and furnaces. IN many instances prom
ised deliveries cannot be made before
July 1 and urgent business that is now
offered cannot be made hrdluupuuuuuu
offered cannot be undertaken. It is also
noticed that much foreign business is
available, but manufacturers refuse to
TO make bids. On the other hand. it is
stated that quiet conditions viii soon
be the rule and fires will go out for the
customary summer overhauling. This
may be the case at q few plants, al
though the requirements Of railroads and
other known needs are such as to render
any general suspension very important
Large sales of Bessemer pig reported
lat week have since been denied, and
foundry iron is now the favorite, espe-
cially at southern points. No alteration
II accorded IN prizes, aside from a mod
crate reduction in grey forge.
No decrease is seen N shipments OF
boots and shoes from Boston, forward
ings continuing far 1 nexcess Of other
years, but actual production of the shops
IS slightly reduced and there is less new
business offered. Quotations are shaded
about 215 cents or a few grades, particu-
larly as to boots and seasonable goods.
as well as fall deliveries are more quiet.
The more fortunate manufacturers have
business to occupy shops to the end Of
August. Local concerns have fair orders
from the west and south for autumn
goods, but are otherwise inactive.
Leather reflects the decreased needs OF
shops. though heavy stock commands top !
figures. owing to scarcity.
Excessive stocks Of printe cloths at
Fall River have been reduced to sur
prising extent since the combination of
attractive prices, and warmer weather
infused a little animation into the mar
ket. Sales are heaviest Of wide goods. I
but standard sizes are also sharing in
the enlarged business. The rapid stride
Of exports 10 China in the brown goods I
division were without influence and TAX
en- as a whole, the cotton goods industry
has q more encouraging aspect than at
any time for months. An undertone Of
strength was seen in the raw cotton mar
ket on account Of the greater activity at /
the mills and good foreign buying also
helped to neutTalize the effect OF better /
crop news. Improvement in wooden goods ]
is less pronounced. yet distinct gains are (
IN certain lines. and a more /
hopeful feeling is entertained as to the /
volume OF new orders about to come for I
ward. No change is perceived in wool /
and prices remain barely steady at the .
loves figure IN nearly four years. A .
year ago the trade was beginning to real
lie the extent Of injury by drought in
spring wheat states, and in Q few days
about cents was added 10 the price.
This year q decline of similar proportions
has occurred, unaided BY any startling
disclosures. AS the season advances crop
conditions steadily improve and IN some
states the winter wheat IS being harvest
ed. No severe drop in quotations is an
however, for the crop is by no
means beyond danger IN the northwest.
and even a yield equal TO the largest es-
innate may be required If the most
gloomy foreign fears are realized. In
stead Of raising sufficient for her own
needs, France has come forward as an
enormous purchaser. and other foreign
nations are dependent on imports to an
unusual extent. In three weeks exports
from Atlantic ports have been 10H0.3l5
bushels. against $3.50 bushels last
-esr and 6.50s, 262 bushels in 1ss9
For the last week the movement from
he eastern seaboard does not show the
lsusl gain over last year. but Pacific
shipments were s5o.10o bushels, against
s4s5 in 1900.
Failures for the week numbered 1s3 IN
he United States. against Ia last year.
nd Il in Canada. against : last year.
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