The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-09-03
FALL TRADE PROMISING
IS IN FULL SWING IN THE WEST
AND NORTHWEST

Promises of Large Business In Au-
gust Were Fully Confirmed by
the Aggregate OF the Months
Bank observation-disclosures
ly Large Totals shown-Busines
Failures Down to Low Figures.
NEW YORK, Sept. 2.-Bradstreet's
tomorrow will say:
1.-THE advent Of September finds fall
trade apparently In full swing at the
West and Northwest, and more report
ed doing at Southern Mississippi val
| volume of business in wool and dry
| goods is rather smaller than expect
| ed.
The promises of large business dur
ing August are confirmed by the ag-
| gregate of the months bank clearings
| which show unprecedentedly large
! totals for that month, little below, in
deed, the immense monthly aggregates
! of last winter. Reports from the iron
and steel trade are in a high degree
| favorable, the tonnage movement be-
! ing unprecedentedly large, and the
tone Of prices firm at the advances re-
Gently scored. Business is still excep-
tionally large, and in the West, partic-
uiarly, the output is limited only by
the ability of the mills to keep up with
orders.
''The Western crop situation remains
practically unchanged, cash wheat be-
ing lower on a rather larger movement
of spring wheat, but an active demand
for export has furnished sustaining
powers. Corn has been ruled by the
weather in surplus producing states,
! ,iO1, to. 1rxr onk with boo Ixyi,1
effect on prices.
1.-The close of the cotton year finds
the price of that staple slightly firmer
on reports of damage by rain to the
crop in the South Atlantic states. From
other parts of the South, however, crop
| reports continue quite favorable and a
yield at least equal to that realiz-
ed Q1,191,OOO is looked for by
many. A better tone is looked for
in the print cloth market this week,
and an advance of accent reported.
largely the reflection of more cheerful
outlook at Fall River.
Failures in the United States are
down to very low figures, numbering
only 1853 this week against 172 last
week; 1877 in 1897, 1886 in 1896, 1874 in 1895
and 227 in 1894.
"Distributive trade is active in the
| West and Northwest, with dry goods,
| boots and shoes, hats and caps, millin-
| cry, clothing and hardware, in most
actived distribution by jobbers, and
with iron and steel and most of their
! products in active demand and con-
sumption by manufacturers.
| IAN increased business is reported
| in the Southern Mississippi valley, New
| Orleans telling Of increased activity in
| general trade and larger receipts of
new crop cotton, and that along the
| South Atlantic coast heavy rains have
hurt distributive trade, and are claim
ed to have materially injured cotton
| crop prospects.
san Francisco advices are that the
! California wheat crop will not exceed
| 5000, 900, which is not over an average
of ten bushels per acre. August was
| q good month at Puget sound cities,
for both domestic and export trade.
Wheat shipments for the week, in
| Guiding flour, aggregate 3,67S,O40 bush
| els, as against 3,563,476 bushels last
week; 6.25S,647 bushels in the cores
| bonding week Of 1897; 1858, 1862 bushels
| in 1895; 2,260,261 bushels in 1895, and
| 3,2O7, 800 bushels in 1894. Since July 1,
| this year, the exports of wheat aggre-
| gate 29, 1913, 1872 bushels against 32,S50, 246
| bushels during the same period last
year. Corn exports for the week aggre-
| gate 1861, 700 bushels, against 2,64S, 1893
| bushels last week; 3,1S5,064 bushels this
week last year, 1887 SIG bushels In 1896,
| 1,4O5,S70 bushels in 1895, and 1000
| bushels in 1894. Since July 1, this year,
| exports of corn aggregate 24,539,0 01
bushels against 1888, 400 bushels last
| year.
Failures In the Dominion of Cana
da number 20, against q last week; 80
| in this week a year ago, and In 1896;
| SO in 1896 and 20 in 1894"