The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1897-12-25
BUSINESS OUTLOOK GOOD
The Situation Throughout the
Country Gives. Encourage
ment In Trade Circles.
The EXPORTS ECLIPSE PAST RECORDS.
Have Reached 1914, GOO, 900 in Eleven
Months-Wheat the Backbone OF
Foreign Relations-Corn IL Also
IN Important Factor-General Re-
view of Trade.
w York. Dec. 1s.-R. G. Dun G. Co,

New York. Dec. 1s.-R. g. Dun & Co.
in their weekly review Of trade say:
'Close to its annual holiday and halt, the
business of the year Is surprisingly large.
Payments through banks are again rs per
cent. larger than in 1892 heretofore the
year OF greatest prosperity; the production
Of iron and woolens and boots and shoes
Is larger than ever before. exports eclipse
all past records, and failures for two weeks
have been the smallest for corresponding
weeks In five years. The treasury receipts
show steady increase for the first half
OF December over previous months, both
in customs and internal revenue. and heavy
payments to the government on Union Pa
cific account caused but slight strngency
in the money market. with preparations for
large cancellation Of bonds.
Export Records Surpassed.
1.-THE most weighty news Of the week IL
the rise Of merchandise exports in Novem-
Der to $11G.6SO.29O. the excess of exports in
four months being s229.212 .4O1, while in half
of December exports are nearly as large
and imports 81, 500. 900 smaller than last year,
when the excess OF exports was SIS, 205, 1865.
Probably all records are surpassed by ex-
ports for this year. which have been $974,-
100000 In II months, and the excess over
imports in five months has probably ex-
ceeded $2S9. 100000.
Wheat and Corn.
''Wheat Is just now the backbone Of for
eign relations. and Atlantic exports in two
weeks have been, flour included, 7,sS0,942
bushels, against 5,413.677 last year, while
receipts rose to 12,6O6.l22 bushels, against
B,625.3S2 last year. The price gained frac-
tion in spite Of the speculative decline in
Chicago.
"Corn exports continue to exceed last
years; In two weeks 6.326,S94 bushels,
against 5.074.G26 last year, which is par
ticularly significant feature. The price rose
but fraction and receipts in two weeks
were S,023,001 bushels, against 5,449l81 last
year.
Failures for the week have been 1928 in
the United States, against 3S7 last year,
and % In Canada, against Al last year"
Bradstreet's View.
Bradstreet's says:
IA sensible quieting Of demand in whole-
sale lines Is reported as the holiday season
and the annual stock taking period an.
proach. Chief among the favorable fea-
lures Of the week has been enlarged In
Quiry at higher prices for steel In various
forms, accompanied by advances in the
prices of sorts most affected. A corre-
spondingly heavy business has developed
In pig iron and prices show but slight
shading in face Of the current immense
production. The wheat market has been
less feverish and prices are practically un.
and sugar are additions to the list of the
products showing advances The unsatis.
factory outlook for cotton goods is re-.
flected in reductions in bleached goods to the
lowest point ever reached. while some cot
ton yarns show weakness Anthracite coal
is weak. although production has been cur
tailed. and talk OF further restrictions IL
heard. With these exceptions. the price
situation Is one of quite exceptional steadi-