Birmingham state herald., 1897-07-10
WEEKLY TREND IF TRADE Only a Moderate Volume of E Trade Reported. V SITUATION IS COMPLICATED z s,n Account of the West Virginia Miners
 Fewer Business Failures and Feeling
 of Hopefulness Noted.
1lUATION IS COMPLICATED

| New York, July 9.-Bradstreet's tomor- row will say: There is only a moderate | volume of trade throughout the country. l the more noteworthy changes being a | ch5ckeI demand northwest and west due | to the excessive heat and to storms c h. tinld favorable reports as to the cereal and other crop prospects and dissfubafce in industrial lines due to the strike of
 about 12O,o00 bituminous coal miners. The
 reluctance of West Virginia operatives to | join in the strike complicates the sltua- | ton.
 The prospects of an early settlement of | the tariff has strengtheaed the w.da- | spniad feeling of hopefulness that the au- tumn will bring revival of consumptive demand. Orders for clothing, shoes and
 hardware for fall delivery are already
 more frequent at Baltimore, Chicago and | Omaha. The movsment of dry goods is | checked by midsummer stock taking but retail business in seasonable lines have been stimulated by midsummer weather. 1 There is no improvement in demand for
 cotton or wooen goods, but the latter are | higher based on the cost of wooi. Prices | show an advance of one-fifth of one per l cent during June and mark the beginn ng | or turn in the outward flow of the tide of prices, which continued from Jan to June l.
 Exports of wheat, flour included as wheat, from both coasts of the United States and from Montreal this week
 amount to 2,502,60 bushels, compa ed
 with 1000 bushels last week, and 2167-
 900 bushels in the wesk year ago, BRIL-
 900 bushels two years ago, 2,377. 900 bu hels
 three years ago and as contrasted w;h
 4,134.000 bushels in the ike week e. 1893.
 Exports of Indian corn amount to 2 2373,-
 727 bushels, compared with 923000 bush
 els last week, S4S 900 bushels in the like
 week Of last year, 055, 900 bushels in the
 week two years ago, 440, 900 bushels thrse
 years ago and a s cOntrasted with 1S3 900
 bushels in the corresponding week of 1893
 There were 215 business failures report ed throughout the United Stats th's week, compared with 225 last week, 229 in the week a year ago, 266 two years ago, 229 three years ago and as compared with
 s9S in the first week of July. 1893.
 There were 34 business failures rep art-
 ed from the Dominion of Canada this week. compared with 36 last week, S2 in the. week a year ago, 30 two years ago.
 and 34 in the first week of July 1894
 AS DUN SEES IT.
 New York, July 9.-lR. G. Dun & Go, inN their weekly review of trade tomorrow will say: The strike of bituminous coal miners has taken 75, 900 men or mors from work and threatened to restrict supplies Of fuel though the West Virginia and some other mines have declined to take part, claiming to be able to mee. the east ern demand for some months. At the west the strike is by no means unitedly sustained, and the impression prevails
 that it will not last long. Tin plate works have settled the wage question and are again busy and show a production of A. 5O000O boxes yearly with a capacity of 6,l50,000 boxes. The bar mills have more trouble, but general settlement of iron and steel wages is expected without much delay. New orders are small since the annual vacation began but yet there are enough. the season consider d, 70 afford some encouragement. Tin is stronger at
 14.10 cents without concessions. and cop
 per with large export demand a 11.12 cents for lake, while in lsad sales of IA
 900 tons or more leave The price about
 cents. The cotton mills have steady
 and increasing demand and the quo a.
 tions of middlng uplands have besn ad-
 vanced sixteenth, aided by speculative
 strength on reports of damage to the
 crop, especially in Texas and Arkansas.
 The woolen mills are gstting decidedly
 more orders for fall wants and begin-
 ming hopefully on spring goods but are |: cautious in contracts for future deliver- ies. Some have made llrge purchases
 of wool, but by far he gr, ater part of the
 sales, which amounted to 14120,500 pounds at three chief markets fir the week. have | been in speculative character. Western l priess are held much above those of sea- | board markets, Montana secured being | sold according to the reports at the equivalent of AZ cen.s at the west against | 3S cents at Boston and 40 a Philadelphia.
 There Is a better demand for domestic
 wool in expectation of higher prices. While the most cautious estimates of wheat yield have been advanced that of | tha Orange Judd Farmer 70 SIT ,000. 900
 prices have been lifted nearly 3A cents
 here although Atlantic exports. flour
 included were for the week 1,593 193 bush-
 els. against 1,41S.336 last year Wsstern
 receirt.s are small only 1894 632 bushels,
 ag1inst 2973 409 last year. and the d.sposf-
 tion cf farmers to hold for higher figures is strengthened by many foreign repor's.
 It seems to te a fact that crops in ether
 countries are less promising than usual,
 and the demand for American wheat is
 supple emented even g.. this season by ex-
 ports of 2,605. 594 bushels of corn. against
 3G610 bushels for th- same week last
 year. Fsch week raises The estimate of
 wheat yield. however. and if the weather
 continues favorable the crop may provs
 most important fac,or in the future of
 national and interna tional business. The
 prospect as to corn is growing more
 cheerful with each week and an immense
 crcp is now anticipated
 Failuris for che week have been 206 in
 the United States, against ?15 last year,
 and 20 in Canada, against 39 last year