The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-07-20
ABUNDANT CROPS.
A Heavy Yield Of Corn and Wheat
is Expected.
REPORTS TO BRADSTREET SHOW
GENERAL PROSPERITY.


the season-Prices of Staples Show
strength-SmaIl Exports of Wheat Dur
ing the Past Week.
New York, July 19-Bradstreet's to-
morrow will say: All previously report
ed favorable industrial and commercial
features are continued this week, the en-
durance of the revival in the demand for
iron and steel and further advances in
the prices of the same, and additional
increases of wages of industrial employees
being the most significant. Notwithstand-
ing the midsummer quiet in some lines
of general trade, the volume of general
business throughout the country is large
1y in excess of that year ago. Bank
clearings totals recede little from last
weeks extraordinary large aggregate,
the amount being s1,O29 0Oo,0oo this
week. falling off of ten per cent from
last week, and an increase of 25 per cent
over the total in the like week in 1894.
The record of prices is of greater firm
ness than even that shown by the clear
ings, that only decreases of Importance
being wheat, -four, corn, cotton and lard.
Previous advances are firmly maintained
by closing quotations for hides, leather,
iron, steel rails, print cloths wool, wool
ems, pork, coffee, sugar and live stock.
The evidence of the continuance of the
activity recently shown in the production
and consumption afforded in higher
prices this week for Bessemer pig iron,
| hi ts,,
paper, some building materials and oats.
Merchants of almost all the larger cities
are preparing to sent out travellers and
until they begin to exhibit results no
exact estimate of how fall trade will open
can be prepared. AT this time the out
look is regarded as highly favorable. At
Boston, Philadelphia and Baltimore,
among the eastern cities, there are note
worthy gains in sales of staples an
nounced The expansion of Industrial
activity. at Chicago, st. Louis, Louisville,
Cleveland stimulates the distribution
of merchandise and staples generally.
Country buyers are present in unusu-
ally large numbers. In Nebraska the
corn crop will be very large and in North
perfect as possible. Duluth's lumber mills
are largely sold up. All central and north
western cities report the merchants as
counting on a large volume for a fall
trade. Reports from southern cities show
| further improvement, the gains this week
being more marked than like period for
months before Country merchants in
| South Carolina are much encouraged
with the crop outlookFas the demand is
| fair and prices tend upward. Like reports
come from Augusta and in Texas cotton
| buyers begun to make their presence felt.
The delayed payment of sugar bounties
checks trade in Louisiana sugar districts
The volume of trade is smaller at Jack
sonville. Pacifice coast adyices are that
the California wheat crop is threshing out
poorly. In the northwestern spring
wheat states prospects for crop are Of
the best.
| Nebraska will produce an unexceptional-
| ly large crop of Indian corn, and the total
yield of corn in the county will probably
exceed even the previous large crop views.
| Exports of wheat, (four as wheat) from
the United States, and Montreal, this
week amount to only 1859, 900 bushels,
the smallest similar total since the first
week of june 1891. A year ago the ag-
gregate exported was 1,873,OO0 bushels,
two years ago 5, 5,077, 600, and three years
ago 3, TIC, 600
| There were 214 failures in the United
| States this week, against 212 year ago