Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1895-08-01
BRADSIREET WILL SAY
IMPROVED CROP PROSPECTS IS A
FEATURE IN BUSINESS.
Iron and steel still Active-Large De-
crease in Bank Clesrings and Exports
of Whest--An Upward Tendency
In Prices.

New York, July 26.-Bradstreet' to-
morrow will say:
The most striking features of the bust
ness week are the influences of improved
crop prospects and the continued large
demands for iron and steel, with one of
the largest makers in the market as a
buyer of Bessemer pig. Most of the com
merCial and industrial features of the pre-
ceding week are retained. The volume is
invariably smaller, but in few instances
is larger than at corresponding period
last year.
Trade in almost all lines is fairly active
for the season, ana the general tendency
of mercantile collections is toward greater
ease. Commercial travellers are being
sent out in all leading lines and reports
from those now on the road appear to
meet expectations.
Total bank Glearings in the United
States this week amount to 927 0O0OOo, a
decrease of about 10 per cent from the
Wcch before, but an increase of fully 20
per cent as compared with the last week
in July, 1894 Contrasted with the CORES
pondng total in 1893, this weeks gain is
4 per cent, but as compared with the last
week in July, 1892 the falling off is per
cent.
The price record this week is rather more
pronounced in showing the strength of the
upward tendency than last week or the
week before. Among the more important
StdIltS ldIu alone is reported lower.
Among the long list of staples for which
prices are unchanged are wool cotton,
corn, sugar, pork flour, brown and
hlcachod cottons and copper More con-
spicuous advances are found in wheat,
Bessemer pig iron and steel nails.
In larger Eastern cities no striking
changes i'm the condition of trade are
related, with the exception of an improve
ment in the industrial lines md in the
lake trade at Buffalo and a rather smaller
volume of business reported from Balti-
more, Pittsburg iron furnaces are sold
a month ahead.
Excellent crop prospects in Nebras ska
have resulted in more activity at Omaha,
where trade in some lines is in excess of
that of 1894.
At Northwestern cities. Milwaukee, Du-
luth, Minneapolis, St. Paul and Sioux
Falls there is the customary volume Of
midsummer business, with prospects of
a greatly improved fall trade. Lake traf-
tic has increased, the flour and lumber
industries are more active, and jobbers in
general lines anticipate an early increase
in the demand for staples.
The feature of the week at the South
is in the rather more satisfactory report
from Memphis, Chattanooga, Augusta
and Galveston, where orders have been re-
ceivcd in some Instances in excess of eX-
peCtation, and the volume of business is
larger than al the corresponding period
last year. The most disturbing influence
in Louisiana is the Withholding of pay
ments Of the sugar bounty.
Most conservative reports on the Pacific
coast come from Portland. Oregon, where
the condition of trade is fair. san Fran
cisco ranks next with a generally improV-
ing condition of business, the price OF
wheat steady aud large number of YES
sells ailoat. Seattle announces damage &c
the wheat crop in Washington and that all
the hop crop there will be picked be-
cause of the low price probably not over
20,000 bales Business is more active at
Tacoma, where importations of tea are
heavy and exports of lumber are ncreas-
ing. The quantity of wheat exported this
week flour included wheat was 265,
600 bushels. From both coasts of the
United states and from Montreal, com
pared with 1855 coo bushels in the fourth
week of July, 1894. The present weeks
wheat shipments are the smallest sent out
since the first week in June. 1891.
The number Of business failures in the
United States this week is 237 against 49,
in the week a year ago.