Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1898-07-28
BRADSTREGT'S TRADE REPORT


New York, July % Bradstreets to-npr-
row will say:
Midsummer conditions still govern most
lines Of trade and manufacture but the
volume of business as indicated by bank
clrarings shows little decrease. as Is cvi-
IDENTIFY considerably i'm advance Of previous
years at tins tins. y feature in trade this
Week. is the better demand reported Tor
wool East and West largely confined, it is
true, to a few grades Of wool. This ai-
pparuncc Of activity has given decidedly
more hopeful tone to this business. which
however Is not yet reflected in the manu-
turing branch. Eastern wool markets, age
relatively tho lowest in the world. and
stocks held now. it is claimed. cannot be
replaced at lower prices here or abroad
Indications chat important developments
may shortly b. witnessed in the iron
trade accumulate. This Is partly the rc-
suit of expected good orders from rail-
roads for rails, of It larger export bust.
moss ANA of a good volume of small order :
Ter various Cidssr" of steel The statistic
cal position of pig iron has been strength
cnnd ny the curtailinG of prOduCtion and
the reducing of stocks, following Il pro-
duotOn of an average of nearly 900 eco
tons Il month since January /, but some
shading, especially Of southern iron prices
lmpails an ar of irreSulArity to the
trade.
/ Dizziness has been feature of the GER
cal markets. old wheat supplies are rap
'd.y decreasing, Nhiic the new crop move
mcnt, while IN excess of last year does
not reach the proportions expected. Mill
/ "rs complain of the scarcity of old wheat
/ for mixing purposes, while the outlook
I fNols worlds stocks on August | little
in excess OF one year ago at this time and
/ III NlSIble supplies are generally thought
! to be heavily below those held last year.
The shipping of Texas wheat To Califor-
mia IL one effect of the shortage of SIM
plies reported.
! Another feature of the business sititu-
tion Is the active preparations making in
the coast shipping trade for the largo
/ business with West Indian points, which
/ Is expected to develop as a result of milf
| t1ry ard naval operations. Cotton Is at
! the lowest price ever paid at this season
OF the year partly on good Grip reports
md also a., the result Of the announce
intention of Il shut down hy Fan River
mills
| Rather more attention is given the
! lilondike as Il result of reported heavy
arrivals of gold at Pacific coast points.
and estimates of seasons output val
ucd at $50, coo 0O0 are current Rather more
/ animation is looked for in the Quitting
trade as a result thereof but that adviccs
{ from Alaska are not wholly favora BILE is
proved By reports that large numbers of
unsuccessful prospcctors are anxious to
get out of the country. Following the
usual semi-annual crop of small business
ombarrassmcnts failures have again
dropped to normal summer proportions
the total number for the week just closed
being lSS 30 fewer than last week. 80 few
er than a year ago, % smaller than 1896
81 less than 1891 and ~ less than in 1894
Cereal exports continue Of a satsfac-
tory Volume; wheat shipments for the
week (lour included aggreg'a ting 2303 As
bushels, against 2.9l0627 last week and =
fS,S.S in the corresponding week OF 1897
S037,7S0 in 1896; ,09G in 1898, Corn en-
ports are still In excess Of last week, ag,
gregating 2,S22,l2S bushels against 2,S92
2iS last week, SO in this week year
ago, l,2sS,l3S in 1896; 770,094 in 1895 and ajG
00O in 1894.