The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1898-08-02

The West Still Ahead in Solid Bust
ness.

The West Still Ahead in Solid Bust
ness.
New York, July 9.-Bradstreet's to-
morrow viii say:
While a Vet showing little effect upon
distributiye trade. there is evidence that
the improved prospects for peace. with
probably wider markets for American
products. have given n more hopeful
tinge To the trade outlook. more par
ticuldrly at the east. This i reflected
III active preparations hy shippers and
coaSting trade interests to share in the
expected widening Of demand from the
West Indies. As for sometime past.
however. reports Of solid business re
turns came mainly from the western
part Of the country. and in the markets
Of that section are reported signs Of
the ground swell of fall demand. Signs
Of cumulative Improvement come from
the iron ana steel industry. more par
ticularly from west of the AlleghenieS.
where slight advances in prices. accom-
u~anying Il good volume Of domestic and
expert business are reported Expected
activity in ship building is reflected III
the demand for plates AT eastern points.
\ rather better tone is found in the
anthracite coal trade. in which. as the
result of another one of those numerous
"gentlemenS agreements prices have
been advanced ut the west from previ-
ouSly low cut rates. The situation in
cereals is hardly as satisfactory as could
he wished. cash prices being lower for
the week in face Of probably record
breaking small worlds supplies on Au-
gust LIST, and good exports from this
country. While futures are less depress-
ed. but exhibit the pressure Of expect
ed liberal supplies at home and heavier
crops abroad.
The sugar markets remain dull and
stocks Of refined in the channels Of dis
trlbutlOn are reported small. Raw Sug-
IT. however. remains featureleSS. per
hapS waiting Il closer approximation as
to the effects of recent or imminent
changes in territorial acquisition upon
the sugar trade of the world. The tex
tile manufacturing situation is rs yet
q rather clouded one, Il shut down of
print cloth mills being regarded rs prob
able in another effort to restore the
lost balance of this trade. Wooden
goods are still slow Of sale, while the
relatively low range Of wool prices at
eastern markets and the improved in
quiry by manufacturers has stiffened
values with the effect Of discouraging
sales. Raw cotton is firmer on reports
Of excessive rains affecting crops.
Cereal exports still continue of a salts
factory volume. wheat shipments for
the week flour included as wheat az
~Gregate 2.2I1.S72 bushels. as against
2.3O3.469 bushels last week. and com
pared with 2,343,O21 bushels in the cor
responding week of last year. 2.64S. 16S
bushels in this week Of 1896: 1.46O.917
bushels in 1895. and 2.971,351 bushels
III 1891. Since July LIST this year the
exports aggregate 10.214.S1O bushels,
against S.34G.OOO bushels last year.
Corn exports aggregate 2.G01 sol bush
els, as against 2.S22,1 2S bushels last
year. 1.4S2.715 bushels in 1897. 1.493,-
S12 bushels in 1896; 594, $50 bushels in
1890. and 10000 bushels in 1894.
Business failures in the United States
remain at 4 normal low point. aggrega-
ting for the week $50. against 1SS last
week, and compared with $50 in this
week Il year ago; 9 III 1896. 221 in
1850 and 22O in 1894.
Business failures i'll the Dominion Of
Canada for the week number 81. against
II last week. 81 in this week a year
ago. 81 in 1896, "a in 1895 and 81 in
1894.