The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-10-16
UNFAvORABLE INFLUENCES.
Fever Quarantine, Low Price of Cot
ton md UnseasOnabIe Wenther.

NEW YORK, Oct. 15.-Bradstreets to-
morrow will say: The activity in staple
lines of merchandise is less pronounced
than month ago. due to interior mer-
chants having supplied their demands for
the time a gradual increase of the terri
tory included by the yellow fever cuaran-
tine. the low prices of cotton, a tendency
in the Missouri-river valley and spring
wheat States to hold wheat for higher
prices and to farmers being busy with fall
planting. Unreasonable weather has had an
unfavorable influence on the distribution Of
merchandise throughout the central West
and at Chicago and st. Louis sales have
fallen off.
A well-informed correspondent of Brad
streets, after extended personal investiga-
ton, gives reasons for anticipating a
much smaller yield of cotton than trade
estimates Indicate He looks for a Texas
crop to exceed 1000 900 bales, or less than
last year, while the Mississippi valley will,
he thinks, produce less than an average
crop and Arkansas be in less favorable
situation than last year. The long and Sc
we're drought, facilitating picking and mar
keting, has. he declares, destroyed all hope
of a top crop and will materially cut short
the latter yield.
The position Of the cotton goods industry
is no more favorable. but wooden goods
manufacturers report ueIanu DISK. prices
steady and an unWillingness by makers TO
accept new orders at present quotations.
Advances are reported for BeSSemer pig
iron and steel billets, with quick Sales, but
prices are firmly held. Some steel mills are
not able to keep up with orders. The do
nestle consumption Of pig iron last month
was extraordinarily heavy and promises to
greatly stimulate production.
With the slackening off in the rate of dis
tribution of merchandise, the upward move
ment of prices is correspondingly checked,
and in this, the third week in succession.
the number of staples for which quotations
are lower is greater than those which are
higher or unchanged. There are nominal
advances for lard and mems shoes, but
prices for pork sugar, other forms Of iron
and steel than those named, for copper,
lumber, coal, hides and wool, are UNI
changed. Quotations are lower for butter
potatoes, wheat, corn, oats, flour, beef, cof-
fee, cotton, print cloths and lead
total for the present week being among the
largest on record The total exports of
wheat flour included as wheat) this week
from both coasts of the United States ag-
gregated 6.039,720 bushels, against 4,SS5 Sal
bushels last week, 4,l56Sl7 bushels in this
week q year ago, 100000 bushels in 1893,
1872 900 bushels in 1894 2,709 600 bushels in
1893 and 3.270O00 bushels in 1892. Corn ex-
ports again make small total. being 2.224,-
600 bushels this week, against 100000 BUSH
$3.50 600 bushels In 1895 1853 bushels in
1894. 1,l23 600 bushels in 1898 and 70l,0o0 BUSH
els in 1892.
There are 1856 business failures reported
throughout the United States this week
compared with 236 last week, 279 in the
week a year ago, 2s9 two years ago 253
three years ago and $40 four years ago
There are A business failures reported
throughout the Dominion of Canada this
week. compared with As last week. 80 in the
week q year ago and 81 two years ago