Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1898-08-11
TRADE STILL IMPROVES.
EXPECT A LARGE INCREASE IN MAR
keTS AT THE CLOSE OF THE WAR.
4 Good Crop Outlook. Increase d Distribu-
tion in staple Goods, improvement in
the Iron aud steel situation aud
Large Exports of Cereals.

New York; ug. 5.--Bradstrccts to-mor-
row, Aug. G, will say:
The stimulating Influences OF the APP
parcntly near approach of peace coupled
with the generally expected beneficial cf-
fects it is hoped will flow from the open
ing up of new markets in the lands added
to the national domain, seem to increase
as the summer wanes. That the improve
ment while as yet admittedly one largely
of sentiment is not entirely so confined,
however, Is proven by reports of a stiIl
further increased distribution of staple
goods in the West, Northwest and South
west, where the excellent crop situation
has rendered harmless the supposed be-
numhing effects of war. So far as the
crop situation is concerned, the past week
furnishes not the least notable contrihu-
zion of the year in reports coming from
the great surplus corn producing States
Of beneficial rains checking a deterioru-
ton which threatened material damage To
this most widely grown and intrinsically
valuable of the country's cereals. While
the tendency Is generally to concede some
dminution in the corn yield as a result
of the recent drought. the steadlness of
the price of that cereal bears witness Ia
the willingness of the trade to believe
that some falling off In this years yield
can he safely permitted In view of The
bumper crops of recent years.
Another cncoura ging feature of the
week has been the perCeptible growth IN
strength of the iron and steel situation
partly as the result, II Is claimed of tn,
hoped for approaching close of hostlitics
but partly also as the result of an active
demand on domestic and foreign account
for nearly all forms of these metals Par
ticuljlrly noticeable is the demand. more
especially in the central west for iron fol
agricultural implement manufacturers ant
for steel rails and plates for export or fol
domestic shipbuildlng. Firmness in prices
is a feature of particular interest in view
of the enormous production of pig lror
carly in the year. and apparently reflects
the going into consumption of most Of this
immense production. leaving stocks gen
orally within comfortable limits.
Encouraging export demand for our CO.
reals, great steadiness and fairly encour
aging railroad earnings. Notwithstanding
the unwillingness OF farmers to accept
present cereal values. are additional en-
couraging features of trade at the pres m
time business failures i'm the United
states are at Il minimum. numbering 1S9
Identical in number with those of laa
week but comparing with PA in this wccl
a year ago, $50 in 1896. 2o9 in 1898 and ~
in 1874.
Wheat shipments for the week flour in
Guided as whpaO aggregate 4111.3l2 bush
els, against 227l,S72 bushels last week. anc
compared with 33GS.4T bushels in thi,
week year ago, 2,747,s5O bushels in tn,
corresponding week of 1896 1850. 562 bush
els in 1898 and 3il7, 200 bushels in 1894 Sine,
july this year the exports of wheat ag
gregate li.326l22 bushels against II. 655 90
bushels last year. Corn exports for tn,
week aggregate 2.95s. 522 bushels as agains
2C0l.2l bushels last week. 293. sSj bushels
in 1877 l,257,iS3 bushels in 1896 i,lOd ~
bushels in 1895 and 22s 100 bushels In 1894
Since July this year exports of corn ag
grceatc l3.5li.3a2 bushels. against T., i6l,
2U6 bushels last year