The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-07-16
DUN's REVIEW OF TRADE.

NEW YORK, July 15.-R- Ct. Dun q COS
Weekly Review of Trade will say in to-mor
rows issue: The destruction of Spanish fleet
and Europe's quick appreciation of the feat,
the wearying flags of truce at Santiago and
at last the surrender. have all influenced some
markets day by day. But Americans have
grown and traders that not many outside
matters greatly influence the business which
enables them to market 81. 2l0, PA, 015 worth of
domestic products abroad in a year, against
S616 012 S44 worth imported The new loan has
proved a stupendous success, over S1,30 0o0 900
having been subscribed. and 1t is the
question of chief interest whether any banks
will get enough, after personal subscriptions
have been accepted, to support further circula-
ton. Industries and business are at the natu-
rally lowest point for the year. and therefore
the records the more impressive.
The decrease in the output of pigiron from
225 .37s tons weekly June /. to 2l6.311 July l.
mostly due to usual stoppages for repairs
little before July /. carries with It a decrease
of 42ls tons weekly in unsod stocks. II the
first and last of the month go presented the
average production; the quantity consumed in
the highest ever attained in May, a small de-
crease for midsummer, but in fact. the aver
consumption smaller Just when stagna-
ton is customary very many mills are crowded
with orders for months the Illinois rail mills
until December or later, with sales this week
of Is, 900 tons and structural works with few
contracts for TO- 600 tons or more, while a larger
demand appears for cars and sheets and better
demand for bars at the West. heavy sale OF
btlletS from Pittsburg to Eastern Pennsylvania
at a concession Of so cents is the only real de-
cline in quotations, though Eastern steel bars
are shade lower 1t is still between seasons
for wool, but few large purchases indicate
some disposition for business and the demand
for wooden goods is better though prices for
as to serges seems likely to be excessive. Sales
OF wool were but 7,441.0o0 pounds 5,52l 200 being
domestic. for two weeks Of July, against a.
572 500 pounds last year, Of which H. 965 600
domestic. One sale Of 900 pounds Of Ter
ritory at prices lower than are being paid by
BOSTON nartfes in Montana looks like business
in the future Wheat has been dropping in
we'll warranted, over conservative estimates
came from the same parties last year. West
ern receipts moderate yet, but the At
lantic exports for the week were !. 71s 1853 BUSH
els. -four included. against 1.sil4so last year.
against 136. 1888 bushels last year. and for two
weeks the exports from both coasts have been
foreign outlook has much improved and the
decline In price during the week was about
Failures for the week ending July were
81. s54. 354 in amount. $946. All manufacturing and
been S15 in the United States. against 2ss last
year, and in Canada 23, against n last year.
BRADsTREET's REVIEW.
NEW YORK. July 15.-Bradstreet's to-mor-
row Will say: Pending the initiation OF new
fall business. preparations for which are ac-
lively under way In many markets, there
lists quite midsummer condition, accom-
panied however. in most cases by price steadi-
ness and confidence in a promising outlook for
fall trade. Retrospection and review continue
to furnish many transactory illustrations Of
the favorable conditions during the first half
of the present year. some OF which seem bound
to be duplicated during the second half. While
there was little reason to expect anything like
the excited buying of cereals this year which
occurred last season. the worlds wheat crops
! all pointing to exceptionally large II not record
breaking yields. still the situation of carried
over supplies visible and invisible. is such
to lead to confidence in good demand for
most of this countrys surplus, though the out
! look favors a considerable shading Of prices
| obtained from such products.
There is a little more hopeful feeling in the
! iron and steel trade. the result partly OF
duced output and stocks on pig, and partly ow-
! particularly at the West, where mills
VIII ego their usual and
More is doing in steel, and some Western mills
are reported booked for orders until next win
ter. Some large export orders are reported
from Chicago, Except for some shading in
| cereals. caused by the usual tendency to dis
count Government crop reports and look for
ager than crop Yields the price
! Contradictory reports come as TO the volume
OF export trade in wheat and corn at the de
! cline, but n good business for this time of the
| year is undoubtedly doing. The movement OF
new wheat at the Southwest is also freer.
| though farmers are rather independent at pres
Trade continues of midsummer dullness at
! the East but more inquiry for raw wool Is a
feature and prices are well maintained on a
fairly large business for this time Of the year
! Features OF the trade movement at the West
| are the proposed demand for iron and steel at
! Chicago. Louisville and ST. Louis report the
/ fall trade outlook good.
Our exports still continue in excess of cor
responding periods of previous years. wheat
es as oa aganst ast week and Dush
ing with 1.522, 092 bushels - this week a year
ago. 1883 $40 bushels in 1896: 1652.s 1872 bushels in
1895 and ], ST3. 300 bushels in 1894.
BIT Business failures in the United States number
2ss as against PAL last week; 247 in this week
| failures in Canada number PSI against Is last
week, 3S year ago. 80 in 1896, and rs in 1895
EASTERN LIVESTOCK MARKET.
CHICAGO.