The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-05-31
FACTORS IN PROSPERITY
Dun Gives AnOptinistic View Of Con-
dition of Commerce.

New oYrk. May 3o.-R- G. Dunn and
Co.'S weekly review Of trade tomorrow
will say: Ease in the money market
favorable crop prospects and confidence
abroad. are the encouraging factors
which outweigh the disturbing elements
of labor conflicts and unreasonable
weather for retail trade at many points.
Effects of the depressing influences are
thus keenly felt because they are be-
lieved 10 be only temporarily and Con
idence is expressed that with the re-
Sumption Of work and normal tempera-
ture there viii be return 10 the liberal
distribution OF merchandise.
Despite the short corn crop. the large
yield Of wheat high prices FOR both re-
suited in the greatest value for the two
crops ever recorded. which means that
the agricultural sections are prosperous
and other industries must share the good
fortune, by increased sales Of products.
Collections are prompt. as a rule. and
payments through the principal clearing
houses are well maintained. Notwith-
standing diminished speculation. there
was an increase of IL per cent at New
York compared with last years ex-
changes. Returns as TO the transporta-
ton show that losses in grain movement
are being more than made up elsewhere.
railroad earnings thus far reported for
May showing SIS per cent over last year
and 1910 per cent over 1870. Efforts to
place contracts for 10000 tons OF pig iron
deliverable IN the second part OF 1863
indicate the confidence of the leading
consumer as to the future Of this indus
try There is no cessation Of activity
at the mills and finished products are
forwarded to irnportunats consumers rs
rapidly as possible. No Improvement is
reported at New England boot and shoe
centers. where the shops are stu running
only about half time. There Is a little
more activity in the grades that declined
last week. but no indication OF recovery
in prices. ard other varieties tend down
ward. Statesmen are booking smaller
percentage Of orders at the south than
is usual al this season. Local retail trade
has been more active. but jobbing husi-
ness continues slow Recent advances in
TIE leather are maintained with betting.
hut IS freely purchased Imported hides
are scarce and strong. hut domestic
packer hides are more quiet Stocks of
textile fabrics are not acumulsting.
although the markets are extremely
quiet. Domestic 3obhins trade Is fairly
satisfactory but exports % cotton goods
are small Print cloths are dull and III
changed with the situation unsettled a. 70
new prints FOR the fall Clothing mana
facturers are purchasing voolen goods
n moderation cziy aud larger deliveries
b the leading company incraase the dis
position towards conservatism.
Prospect. are bright for = large sied
Of cotton Dispatches have been received
from correspondents ~ DssnH and Co. -
Gated 81 slI parts u the cQt1on bs.t, snf
the returns ara unanimously ericr1FT-fgtnE-
Grain qustafions made d@ci1ef ae-
vsnce early IL tks week. which wss rcf
sasfiy explained. except or the bass =
LIGHT supplies - sight ThaE elene1t AS
not new. recsivss bsvire decrsased raa-
ferlaIly for many weeks n coupariro7
with last yezrs noveuent sonsf-
aaenf,- .hs grain vac fcsf in op'lqn tTac-
sne. aSihoush coTn uzs firu'y aelf
rsl.1r.z fer iAe zs~k nu-1sersf ias f.
the T-nlte1 states sEairSt - laF; year
ard twenty IN caaada asatast tT,niy
gear aEo.