The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1897-04-24

european where. the possibilities have
uoen discussed and partly discounted for
months. But the uncertainty remains
anu Will affect movements of money and
staples until it disappears, creating a
larger demand for American products at
p4gher prices, causing hasty speculative
selling OF securities at times, but also
more continuous buying by foreign in
vestors and not improbably influencing
the attitude of foreign powers on
questions important to this country.
Wheat rose six cents from Thursday to
Monday and has retained most of the
rise. Since Russia and the Danubian
states will be likely to ship wheat scanti-
~, especial needs and much higher prices
being possible there. a larger fare of the
requirements of western Europe may
naturally be drawn from this country
and the chance of war between the
great powers has the more influence be-
cause supplies held are not large.
While western receipts do not yet in
crease and in three weeks have been but
s, 64l, 00l bushels. against 1888, 100 last
year. Atlantic exports begin to gain
slightly amounting to ], $780, 329 bushels
our included. against LOSS. 764 last year
and for three weeks have been 3, sos, 170
bushels against 8, 453, $40 last year. But
ths great increase is still in corn of which
the price has scarcely advanced, though
Atlantic exports were 4,1s9 l46 bushels,
for the week, and for three weeks 10, 221, :
ISL bushels against 1924. 73a last year.
Already the exports for the crop year
have Eeen 39, 600, 600 bushels larger than
Atlantic exports of wheat and -four and
may soon exceed the total exports of
wheat and -four from 10th coasts.
Cotton has been affected scarcely at all
though government estimates that the
flooded districts yielded nearly 500, coo
bales for increased acreage in other
sections is generally reported. The past
the starting of operations by several iron
works. especially in black sheets for
thinning, and yet prices of pig iron and
uufinished products are lower, demand
not yet equalling the supply.
The only change in prices of boots and
shoes is small reduction in kid shoes
and orders are still kept back as much as
possible for most kinds, though some
large orders have been taken for bro
shoes have full business assured to
September. Actual shipments fall slight.
IL below those Of the past two years.
Leather is unchanged and hides slightly
lower.
The end of stipulated curtailment has
been reached by some cotton mills and
nearly by all and since the auction sales
sOIu6 UledoHou RouuS nave Deon slightly
advanced, but actual buying does not in.
crease and print CLOTHS do not improve.
Sales of wool have been largely of
foreign, reports swellsd by arrivsls OF
quantities sold some time ago and i'm
ports at Boston for the week were 49, 00(
bales. At three chief cities sales were
3,0S6, 800 pounds in three weeks, 30. 271, 80(
being foreign against 10, 9O6, 100 in 1892.
inluding 1874, 600 foreign. But manu-.
facturers are doing scarcely anything and
orders for goods improves very little
though somewhat letter grades of goods.
Failures for the week have been 2lS in
the United States, against 23S slast yeal
and 81 in Canada against A last year.