The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1897-07-19
Bradstreet's Review.

New York. July l6.-Bradstrects tomor-
row VIII say. The duliest month In the
industrial year IS dullcr than usual, not
WIthStdudtHg imprON cHeut among poitcrS
ard others. This is due to Il reaction IN
IrCn ana .tcel prices OF which are back
TO lowest points on record. a dragging
demand FOR boots and shoes and threat
eued famine OF bituminous coal. There
are more coal miners out than 1t this
time last week. and Notwithstanding asStr-
tons that arbitration viii end the strike
in the near future. some OF the large opera
tors IN the Pittsburg district declare thtt
there IS nothing TO arbitrate.
Manufacturers of cotton goods and their
agents report trade slow, owing to higher
cost for cotton and low price for goods.
I MS has shut down number of cotton
mills a MIssachusetts and Rhode Island.
"A fairly steady business IL reported
by eastern manufacturers of shoes, Dut
this trade at Philadelphia is dun, mer-
chants hesitdting 70 place orders West
cru wholesale dealers in clothing report
distribution unsatisfactory.
Western bar iron mills are already shut
down. ana If the coal strike lasts another
week. thousands OF factory wheels Will
stop turning. This checks the stronger and
more confident feeling IN industrial cir
Giles. which was SO pronounced a fortnight
ago.
THE heavy loss of sheep in Australia.
due to drought and speculation in wool
mere ON tarln prospects. mas made Wool
, prices higher, with large sales, about
Se0.W0 pounds AT Boston alone, compared
VITA 100000 pounds in the like week last
The worlds available supply of wheat
is probably the smallest al like period
i'm many years Europe Is expected to
have TO import l00.0tUU' more bushels than
last year and neither India. Australia or
the Argentine Republic Is expected TO be
able 10 supply its usual share.
''fhe general tendency Of the price move
ment this week is To reverse the growing
strength OF quotations in the proceeding
fortnight.
Exports of wheat. flour included as
wheat. from both coasts Of the United
the first sharp decline since lust April
amounting to only l.522o92 bushels against
1890 bushels last week. &c.,. 900 bushels
i'm the second " eek of July last year. l6l2,-
900 bushels in tho like week of 1895 1S13.Qt0
bushels in 1884 and compared with
in 1Se3. The heavy decreases in shipments
Of wheat as compared with last week were
from New York city, Baltimore. Boston
and Montreal
Exports OF Indian corn amount to . 723.
80 bush IL this week. almost eX0Ctly the
some quantity as last week. two and a
half times the quantity exported In tho
like week last year. three times the Ike
q ports in 1875 sixteen times tho tmouut
shipped in the second week OF July. 1924.
and more than twice n much rs the cor
lcspouding shipments In 1893.
There are 2l7 business failures reported
throughout Inc United states this week.
compared 213 last week, 90 In the wcek
Il year ago. ga In the week two years
aEo. 212 In the corresponding period OF
1894 and az cpmp2red with 5l1 in the second
week % July, 1898.
There are thirty-elght business failures
reported from The Dominion OF Canada
this week. compared with thirtyfour last
week. thirty-three in the week year ago
and twonty- two years ago.