The times., 1897-08-21

Bradstreet's today will say: Special
kilograms from trade centers throughout
the country emphasize the growing pros
perity of the farmer, due TO higher pIices
for almost all agricultural produce still
In his hands, and point to con tinuatiOn
Of the demand which has been conspicuous
within the past few weeks The volume
OF trade continues to increase and prices
are hardening.
Another extraordinary favorable bank
ciearings report is found in the total ST.
lac, 900 900 this week, which while it is
l per cent less than last week, is 40 per
cent larger than in the third week Of
August, 1896; 26 per cent heavier than
in 1885; 40 per cent larger than in 1891,
and fully 30 per cent larger than in, the
like week OF 1898.
Prices for staples continue the favorable
movement of the pastfew weeks, with adj
yances for wheat flour, wheat, new pork,
butter eggs, cheese, corn and oats. There
have been large number of assumptions
among iron and steel concerns this Week.
Bessener pig is 25 cents higher and the
outlook is sforimprovement. There are 2e1
business failures reported throughout the
United States this week, against 21 4 last
week, 264 year ago and 1872 two years
ago.
The New York stock market is less
active and has shown reactionary ten
dencies. Public interest is less prominent
and large speculators have taken profits
and are waiting. London maintains its
unfayorable attitude toward Americans
but the supply OF our stocks there is small.
Exports of wheat tfIourincludedas wheat
hflt IA nft III mi =
Montreal this week are The largest in any
week since September, 1893, amounting
to 5000 bushels this week as com.
pared with 100000 bushels last week,
and 1891 900 bushels in the week year
ago
There are Al business failures reported
throughout the Don.inion of Canada this
week against 81 last week.
Z. G. Duun s. Co.'S Weekly Review of
Trade will say:
Not for several years have the tele
graphic reports from various cities in al,
parts of the country been as encouraging or
shown as uniformimprovemanta asthIs eek
The markets are called crazy b some, but
fairly represent the people whose confidence
in the future is strong and increasing
The one temporary bindraDce is the
stTlhS Oh tlIe bliuIilUOnS WHICH IN
terferCs as yet little with industries and
seems likely to terminate within week
Fluctuatiolinthe stock and produce markets
do not alter the fact on the W hole, they
are still tending upward.
The greatest gain has been for agricui-
ture. Wheat has advanced about IL ;3-S
cents for the week on actual transactions,
with heavy purchases for export. The Of
firial estimate of yield is entirely disre-
garded, except as an admission that the
crop will be larger than that OF last year,
and it is commonly assumed that the yield
will be $4,000, ,000 bushels or more The
average for the sixty active railway stocks
Is 61 cents per share lower than,aSt Friday,
but trust stocks are practically unchanged
The confidence CT holders is sustained by
earnings. which, for August, thus far ex.
ceed last years by los per cent, and are
only 6.3 per cent smaller than in 1892
Many additional establishments have
begun work during the past week.
In the wooen business constant in
crease appears i'll the number of eStab-
lishments at work and the demand for
goods has much increased.
Failures for the we ek have been 223 in
the United States against ESQ last year,
and thirty in Canada, againsttw enty-seyen
last year.