The Portland daily press., 1897-08-28
Business On the Increase All Over
the Country.
MILLS ARE ALL RESUMING WORK
WITH A RUSH.
And 1t Is So All Along the Line-Crop Re-
Outlook is Extremely Flattering-
What Dun's Review Says of the Con-
ditfon of Affairs.

New York, August Pr. g. Dun &
Co. S weekly review of trade tomorrow
will say: ~
Speculative markets have their turns of
reaction, but business has none this
season, gaining with steadiness which
is most gratifying. Crop prospects are
contradictory but it is noteworthy that
one of them indicate anything less than
an ample supply of the great staples
That some harm was done to spring
wheat in three states appears, but no ao-
counts entitled to respect indicate damage
reducing the yield below SAC, 900, 600
bushels, which would be 25, 600 600 larger
than any other crop except that of 1891.
In spite of great lack of cars, wheat re-
ceipts were 4, 4,349, ,594 bushels for the week,
and for four weeks 15.589,68. bushels
against 1886, ,947 last year, and Atlantic
exports, flour included, thought some-
what checked by higher prices, were 81
sos, 1850 for the week against 2,2O7, SIG last
year and for four weeks 13, 3S7 ,687 bushels
against 1910, TT last year.
Receipts of corn bear strong testimony
to the seriousness Of foreign needs, being
6. $40, / A bushels for the week against g.
3,9l9 last year and Atlantic exports in
four weeks have been 10, 466, ,478 bushels
against 5,617 ,110 last year. Cotton mills
are resuming work with rush, and will
require heavy supplies Of material to meet
the large demand for goods which has ad-
| market also reflects in greater strength
and further advance In some grades the
heavy buying of woolens which has set
many mills at work night and day, and
caused makers of many grades to with
draw hem entirely from the order
market. But while the mills have been
buying somewhat more, most Of them
hold large stocks and the trading has
been mainly speculative between dealers.
At last demand has so far overtaken the
capacity of iron works that prices are
growing stronger. The advance in iron
and steel prices averages 81 per cent for
the week. The tin is weaker at Is. rs cents
with large arrivals, copper rs held at
II IA cents for lake by large orders and
creased output to 1854 tons for the
week. Hides are stronger at Chicago
though packers no longer lead, but
country hides are called scarce, although
cattle receipts at the four chief markets,
151 400 head are the largest for the corre-
SpOnQlnR week since 1879. bOJQ KINGS
have advanced about equally, 26 per cent
since April Goth, while in leather. al
though general advance was made this
week especially in hemlock sole and
union. the average is not quite per cent
higher than April 90, and in boots and
shoes the average is as yet a shade lower
than at that date. Factories are kept
fairly busy by unusually large orders for
winter, some having such orders for two
months ahead. Although shipments from
the east in August have been the smallest
since 1S93 they are not four per cent be-
hind either of the three years, and are
ahead of 1892.
Failures for the week have been 1923 in
the United States against 22S last year,
and 81 in Canada against 33 last year.
BRADsTREET's SEES IMPROVEMENT.
Besides the Coal Strike There is Little to
Cloud the Outlook for the Future.
New York, August 27.-Bradstreet's IS
tomorrow will say:
The general trade situation continues
to improve and aside Efrom the unnec-
essarily prolonged strike of the soft coal
miners there is little insight to cloud the
outlook.
The feature of the week is the advance