Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1894-10-11
REPORTS DON'T JIBE
BRADsTREEr SEES SIGNS or III
PRoyEMENT,
BUT Dun SURVEY Is GENERALLY
DISCOURAGISG.
Cotton TOUGHEST he Lowest Price In
10 Years, and the Rates for Iron
Products Tend Steadily Downward
Outlook for Better Returns on
Wheat Very Dark.

TTOuuCtS Ieuu StcAull9 bOnAWuiu
Outlook for Better Returns ON
Wheat Very Dark.
New York, Oct. 6.-Bradstreets week
ly report says: While no radical change
appeared this week, there are features
pointing to continued progress in the
direction Ut improvement. This is true
Of the country at large. All indus
r;al lines, notably manufacturing
jewelers.. have received liberal orders.
with the exception of manufacturers
of machinery. From Omaha better
feeling Is reported throughout the trlo
utary region, and there is more buying
Of dry goods, clothing, shoes and gro
ceries. Duluth also finds business i'm
proved St Louis and Kansas City
report stimulation in wholesale as well
as retail lines, due in part to the influx
of visitors to the carnivals. From the
south most favorable reports come
from Jacksonville. As previously re
ported the large volume of business
Of Chicago jobbers is maintained. At
number of points east and west the
demand for money has increased, and
changes in the character of mercantile
collections as rule are in the direc-
ton of Improvement.
Wheat, corn and oats have advanced
from the previous lowest levels. Some
varieties of lumber, naval stores, tin
plate and few other staples remain
steady in price, but refined sugar is
lower for reasons which may, or may
not. be similar TO those governing
prices in other lines. Concessions in
prices are also made for pig iron, steel
bullets, lumber lard, cotton print
cloths and live hogs. Cable and tele-
graphic advices show the heaviest total
available stocks of wheat on record
for October first in the United States
and Canada, on both coasts, atoat for
and in Europe, 1862 ,206,o00 bushels. not
understanding the sharp increase in
European stocks of late. September's
worlds wheat increase is 10,5S4000
bushels, which ils moderate contlasted
with that of 1890, 1891 and 1892, but
heavier than in 1889 and 1893.
Dun's weekly review says: With
the chief money crops of the west and
south sinking i'll value, it Is not
strange that purchases of manufact-
ured products are smaller than ey-
pected. Wheat touched the lowest
point ever known for options and cot
ton the lowest ever known in any
form with the present classification,
and the accumulation Of stocks III both
products is discouraging to the pur-
chasers for advance. Producers are
compelled to sell at prices below the
ordinary cost Of raising crops, and In
some western states there - also Il
lamentable failure OF the corn crop.
Wheat suffers most from the accu
mutation of stocks in sight which is
far beyond what is usually expected
for the season, and the exports for
September are unusually small. For
Tie first week i'll October, Atlantic eN-
ports are 1,097372 bushels, gainst $685.,
TAG last year, and the western receipts
are only 4,615,600 bushels, against g.
130,6S7 last year. These figures give
some encouragement but have little in
fuence IN view of the unusual visible
supply. The price for cash wheat is a
small fraction higher for the week
Corn receipts at the west have been
only third as large rs they were
last year, with exports amounting to
nothing, but the price has not further
declined after the heavy fall during
the previous fortnight Pork products
are weak though only lard IS quotably
lower. Cotton is one eighth lower the
cash price being the lowest known for
45 years, and considering the differ
ence in classification perhaps lower
than at any time before 1910, and es-
Inmates that the crop is more than 10
600 900 bales is more commonly cred
tied now than the estimate of 100000
were two months ago. With favorable
weather the yield seems likely TO be
the largest ever known. The condi-
ton of industries is in some respects
more satisfactory. Evidently there Is
a larger demand for iron products than
there was a month ago though there
Il an increase in the supply, so that
prices steadily tend downward. The
structural market is fairly active in
tho east. and while the coke output has
now become the heaviest ever known.
140,775 tons for the week, the price Is
declining and steps are being taken 70
limit the supply
The boot and shoe trade continues to
deliver more goods than in amy pre-
yious year. rs It did IN September, md
most Of the works still have orders for
one or two months ahead
Failures IL the United tates Tor the
past week have been 30. against $40
last year
* statement compiled by Brad
streets shows the fetal bank clear
ances Of the principal cities IN tile
United states. fir the pnst week
$500. 80, ~, an increase Of III res
cent. rs compcrea With tho eofgas-
ponding week of last year