The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-03-05
Brasistreet's Report.

New York March 4-Bradstreet's to-
morrow will say: Nearly all signs point to
an unprecedented volume of business be-
ing done or arranging for at the pres
ent time. The aggressive strength of
prices, record breaking bank cearngs
and continued large exports. particularly
of the lower-priced cereals, very heavy
volume of business in iron and steel and
kindred lines and generally satisfactory
reports as to the volume of spring trade
at leading distributive centers, are among
the visible features of this weeks trade
development
Nearly all of the country's cereal prod
ucts are higher in prices this week. and
also some varieties of provisions, Besse-
mer, pig iron, copper, raw cotton and tin.
The further advance in pig iron this week
would seem to indicate that the immense
current production is yet without very
visible effect on values. The price of cop
per showed an advance of nearly l cent
per pound during February while the
consumptive demand and statistical po-
sition are such as to lead to confidence,
at least in the maintenance of present
prices if not of a further advance. Few
decreases in prices are noted, sugar being
the most important. while the list of sta
pies remaining steady and unchanged in
cludes pork, coffee. lead and print cloths.
The strength of raw cotton has had an
encouraging effect upon Southern trade.
which is generally reported good and bet
ter than usual at this season. The export
of corn from Southern ports is an addi-
tionally favorable feature while the
practical agreement of Southern iron pro-
ducers to prices and generally salts
factory collections at most points have
impaired decidedly cheerful tone to adj
vices from that section.
Trade is larger than usual at the Cen
trail West, particularly in dry goods. gro
nd ha r1 Inn -
and agricultural implements, the demand
for the latter being notable feature at
nearly all markets.
Spring trade has opened up we'll in the
Northwest and the jobbing trade is quite
active. Signs are accommodating that the
rush of all sorts of vessels to the Pacific
coast to take part in the klondike trade
has begun to affect charter rates, which
are reported weaker at San Francisco
Cotton goods display strength, although
print cloths of regular widths are some
what easier. Ginghams are in better de-
mand than for several years past. Spring
business in wooden goods has been rather
disappointing, but a good demand for
mems wear goods for fall delivery is re-
ported and the mills are well supplied
with orders Wooden manufacturers are
not in the market for raw wool to any
extent. but prices are still firm.
A further shrinkage in wheat exports
but corresponding engagement of the
shipments of corn and low-priced cereals
is indicated this week. The total exports
of wheat. flour included. from the United
States and Canada aggregate 3252. 900
bushels. against 3.722. 600 bushels last week.
2.075.000 bushels in this week year ago,
2,407 900 bushels in 1896 and 3,2l2000 bushels
in 1895
Business failures in the United States
for the week number 232, against 1sS
for five business days last week. 262 In
the corresponding week of last year, 270
in 1896 and 252 in 1895.
Business failures in Canada aggregate
81 as against As last week, 81 in this week
of 1897 Sc in 1896 and 50 in 1895.