Griggs courier., 1897-12-24
BUSINESS OUTLOOK GOOD
The Situation Throughout the
Country Gives Encourage
ment in Trade Circles.
the EXPORTS ECLIPSE PAST RECORDS.
Have Reached so.4 600. 900 In eleven
Alonths-Wheat the Backbone OF
Foreign RelatlOns-COrn ls Also
am Important Fact0r-Generai Re-
view Of Trade.

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 Is 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 q, steady increase for.the first .haif
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 stringency
in the money market. with preparations for
large cancellation Of bonds.
Export Records Surpassed.
1.-THE most weighty news OF the week is
the rise Of merchandise exports in Novem-
Der to ,290. the excess OF exports in
four months being $229. .212.4 .401. while in half
of December exports are nearly as large
and imports s., 5O0. 600 smaller than last year.
when the excess of exports was $5S,2 ~. .366.
Probably all records are surpassed by ex-
ports for this year. which have been $S74.-
GO0, 600 in II months. and the excess over
imports In five months has probably ex-s
ceeded s2S9. 100000.
Wheat. and Corn.
"Wheat Is just now the backbone Of for
weeks have been. flour included. 7.S1o 81.
bushels. against 5.4l3.677 last year, while
receipts rose to l2,6O6.122 bushels. against
6,625. .382 last year. The price gained frac-
ton in spite Of the speculative decline in
Chicago.
"Corn exports continue to exceed last
years; in two weeks 6326,SA bushels,
against 5.V74.626 last year. which Ia a par
ticularly significant feature. The price rose
but fraction and receipts in two weeks
were S,O23.UOl bushels. against 5,449,1N last
year.
Failures for the week have been 80 in
the United States. against 3S7 hast year.
and 2s in Canada. against Al last year."
Dradstreet's View.
Bradstyce,'s says:
sale lines is reported as the holiday season
and the annual stock-taking period ap-
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 q slight
shading in face Of the current immense
less feverish and prices are practically un-
changed from week ago. while corn, oats
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 is
heard. With: these exceptions. the price
situation is one Of quite exceptional steaGi-
ness. Ff