Willmar tribune., 1897-12-28
BUSINESS OUTLOOK GOOD
The Situation Throughout the
Country Gives Encourage
ment in Trade Circles.
THE EXPORTS ECLIPSE PAST RECORDS.
Have Reached *0'9'0oo''oo !" 1'e""
- ,,+rx->ybcnt~ Z the c-@Ba cI<ssono OF
Foreign Resntio"s-C"r" ~ -4s'
an important Factor-Ge"eTn1 "e-
view Of Trade.

New York. Dec. 1S.-R. 9. Dun e. 90.
in their weekly review of trade say:
"close to it's annual holiday and halt. the
business Of the year is surpElslhsiy large
PAYMENTS through banks are again 20 per
cent. larger than In 1872. hereto1ole the
wear of greatest prosperity; the production
Of iron and woolens and boots ana shoes
is larger than ever before. exports ecHpse
all past records and failures FOR two weeks
have been the smallest tor corrsspSau rss poe,nt:
weeks in five years. The treasury receipts
show a steady increase for the 'lrst hall
of December over previous months, poth
in customs and internal revenue. ana heaVy
payments to the government on Cn1on e.
cific account caused but slight strlngency
in the money market, with preparations fo-
large cancellation Of bonds.
Export Records Surpassed.
1.-The most weighty news OF the week ts
the rise Of merchandise exports IN NoVeH-
Der to SIG, 620, 29O, the excess or exports IN
four months being S2292l2, ,4ol. ~h,4e IN , MAJ.
of December exports are nearly as large
and imports s., 5OO, 900 smaller than last yea.
when the excess of exports was $5s' '2oo'soh
Probably all records are surpassed by ex-
ports for this year, which have been $3'4'-
soc, 900 in IL months. and the excess over
imports in five months has probably ex-
ceeded s2S9. .CGO.0O0.
Wheat and Corn:
wheat is just. now the backbone OF for
eign relations, and Atlantic exports IN two
weeks have been, flour included, 7,SSo42
bushels, against 5,4l3,6n last year, while
receipts rose to l2,6U6.122 bushels. against
1925, ,332 last year. The price gained a frac-
ton in spite OF the speculative decline in
Chicago.
Corn exports continue to exceed last
years; in two weeks 6,326,Sal bushels.
against 5V74.62G last year. which is pa
ticularly significant feature. The price rose
but q fraction and receipts in Two weeks
were S,O23,OO1 bushels, against 5.473,lS1 last
year
Failures for the week have been 329 in
! the United States. against 3S last year.
and % in Canada. against IL last year.
Bradstreet'S View.
Bradstreet's says:
"A sensible Quieting Of demand in whole
| sale lines is reported as the holiday season
! and the annual. stock-lakinE. period APP
proach. Chief among the favorable fea-
! lures Of the week has been enlarged in
Quiry at higher prices for steel III various
forms, accompanied by advances In the
! prices of sorts most affected. A CORE
spondingly heavy business has developed
| in pig iron and prices show but a slight
| shading In face of the current immense
! production. The wheat market has bee!,
| less feverish and prices are practically un-
| changed from a week ago, while corn, Ga Is
| and sugar are additions to the list OF the
products showing advances. The unsatis-
| factory outlook for cotton goods is re-
f1ected in reductions in bleached goods to the
lowest point ever reached. while some cot
! ton yarns show weakness. Anthracite Goa
| is weak, although production has been cur
tailed. and talk of further restrictions is
| heard. With these exceptions,~the price
situation is one Of quite exceptional steaci-
| ness.