The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-08-21

So~o-"~-~~~o-~~~-~~~-~
NEW YORK, Aug 2O.-Dun e. 70
III thelr weekly review of trade to,
morrow will say:
NO. LOT several years have the tele.
srapnlc reports from various cities :,
all parts of the country been as on
couraglng Or shown as uniform i'm,
FroVement as this week The narl,o..
are called crazy by some but fairly
itpresent the people whose confidence
~ me future is strong and increasins
Nothlng appears to check if R,,noo,..
oi INJURY to crops are not sufioia,,+1,
supported to have much influence Tb,
one temporary hindrance is the strike of
coal miners, which interferes as vet
NE with industries and seems likely
10 terminate within a week Tho d.
mana Tor money improves, taking from
New York to the interior about half
lnllllon more than was received durinp
the week, and offerings of commerciaI
loans are much larger including consid-
cradle iron and steel paper. and tho
course OF foreign exchange is generally
interpreted as an indication that sDecia
imports cannot be long delayed.
Inc greatest gain has been for agri
culture. Corn has advanced a little in
prlce, out is moving very largely. so
tnat the last years surplus NAV soon
De marketed unless the new crop turns
out better than many now exnect
cotton declined an eighth because Of
an estimate promising the largest cron
ever grown. The dry goods market 10
decidedly improving, and some of the
fax4
pension, have resumed work Other
farm products are doing we'll also
Wheat has advanced about sc for the
week on actual transactions with heavy
purchases for export. The official esti-
mate OF yield is entirely disregarded.
except as an edmisSion that the cron
VIII De larger than that of last year.
and 1t is commonly assumed that the
yiel0 VIII be 55O, ZOO, 900 bushels or more.
though recent reports of injury. indi-
eating the possibility of a somewhat
smaller outcome, have helped the ad-
vance in prices. Western receipts for
the week were 3,S44, ,554 bushels against
5,9t4I15 last year, and for three weeks
11,34O,2 267 bushels against 1857. 1877 lasr
year, while Atlantic exports are double
last years., ,705,2S7 bushels against
l,60S,341 last year, and for three weeks
9,Sl9,3l8 bushels against 5,102,661 last
year, flour included for both years.
1t is we'll to notice that corn exports
continue more than double last years.
also, in three weeks, S,516,544 bushels
against f. 4119,241 last year.
The iron and steel industry is push
ing forward in spite of the still unset
tied strike of bituminous coal miners
and the enormous purchases of ore at
Cleveland and billets at Pittsburg,
show the utmost confidence in the
future. Many additional establish
ments have begun work during, the past
week and while no material change in
prices has been secured, the reports in
dicate fewer concessions to secure bust
ness and a much steadier tone The
demand for finished products has de-
cidedly improved, especially in plates,
sheets and bars and in railway sup
plies, particularly in car aXles The
sales of ore at Cleveland have amount
dred thousand tons, and of billets. sales
reported at Pittsburg have been in
three weeks about three hundred thou
sand. Tin is firmer with full con-
sumption and there is larger business
in copper, several million pounds hav-
ing been taken for export, raising the
price of lake to 11A cents.
The old difficulty remains in the boot
and shoe industry, dealers being un-
willing to buy largely at the prices
which manufacturers now ask, though
during the past week the only change
has been slight advance on calf boots.