The San Francisco call., 1898-06-04
Totals T. Sn.155. 15s. .o51
Totals .......... s27, s4s, s5t
pUN's REVIEW OF TRADE.

NEW YORK, June 3-R. G. Dun & Co., Weekly Review of Trade will say tomorrow:
 May having been the first full month of actual
 war the fact that failures in that month were smaller, even though but little, than in the corresponding month last year and nearly 10
 per cent smaller than in May, 1S96, Is some what encouraging. the more because a year ago the remarkable decrease in May gave proof of the heavy improvement in business which
 made the year gratifying in general results. Large failures were eight in manufacturing for
 $2, 900 this year. against thirteen for S2. s65,-
 900 last year, and in trading five for 900, against ten for s1.572,077 in 1Ss7 Hesitation in extending usual credits soon after the
 began naturally affected weak more than strong concerns but 1t gave place to steady and increasing confidence.
 ,u1 Wheat dropped "A cen cents rom the highest rest since been weaker for July because of accounts promising an enormous yield. Those who were nearest the truth last year now predict about 700 coo 900 bushels for 1898 and all accounts
 make acreage much larger and conditions much
 better than year ago. But with S1 15 still
 paid for No. red in elevator and foreign demand taking 6,294 49S bushels, flour included,
 from Atlantic ports for the week against 7. l65,- against 74.s29 last year. the decline evidently hastens the marketing of surplus and gives the new crop better chance. It is not less
 surprising that Western receipts for the week
 were 1920 bushels against 2,09s.7s last year. although the crop has been by some supposed to be almost exhausted and Corn receipts were
 also 7076 491 bushels against 6,116,523 last year. Exports of Corn for the week nave been 4,SSl,- S2l bushels, against 1926 566 last year, and for
 the first time in their history exports of each grain nave about reached 0,OO0, 900 bushels in
 the same year.
 Woolen mills are encouraged by somewhat larger demand for goods, in part from Govern ment orders and averaging about l per cent better prices for goods than month ago. There is not much demand for Wool which is still held in the main above the views of manufacturers and prices have declined average of + cent for the month.
 The Iron and Steel manufacture leads all others in gain over previous years it's con
 sumption of pig iron being apparently more than million tons per month or 22S, 900 tons each week, against ITO. 7s0 tons per week in May, 1892, an increase of 336 per cent. Works beyond the Alleghanies are crowded with busi- ness and while some Eastern concerns are run ming part time mostly bar mills, the Govern ment demand Is felt most In this section. Above all others in significance is the wholly
 unprecedented demand from agricultural im- plement works. which throw in the shade all their past orders, while the plate and rail manufacturers beating all records, partly with foreign orders, one for Canada having been placed at Chicago for 12,0 900 tons. Struct- ural work is very heavy, the West furnishing a large share of it, and in sheet bars and rods for fencing the orders are large. Prices of pig have been somewhat strengthened by the enor- nous buying orders for Bessemer and basic at Pittsburg and of charcoal at Chicago.
 Failures for the week have been 222 in the United States, against 241 last year, and Is In Canada Inst 1aet