Daily capital journal. (Salem, Or.) 1896-1899, 1898-11-28
COMMERCIAL REPORTS.

Enormous Exports Of Wheat at Low
Pnees-WoOi Kept Down.
Bradstreets report says. this year
SO exceptional in magnitude aud
variety OF blessings draws near the
end with yet another good gift, a
marked increase of confidence 10
prospects for the year which Is TO
close the century. The industries
are doing remarkably we'll, consider
ing hIndrance until OF late by un-
seasonable weather. with storms
and cold, many branches now yet
larger orders.
Sales of wool have been 1915, 200
pounds for four weeks, including
about 5000, 900 for export, but mostly
at concessions, which haYe been this
week a little decreased on fine un-
washed fleeces.
When steel rail contract was ready
for final signature, withdrawal Of one
large company killed IL, but a work
Ing compact is nevertheless said to
have been made, apparently sort Of
gentlemem's agreement, In which
more confidence is perhaps expected
than is felt. The market OF Besse-
mer grows stronger at Pttsburg.
Wheat has again advanced shade
though for spot only to for the past
week, while Western receipts are
heavy, aud for four weeks haye been
3s,O3l, ,20l bushels, against 29,ll0, l04
last year.
The Atlantic exports, flour included,
have been 3,057,S76 bushels for the
week, against 3,82s, ,446 last year. Pa
cltic exports, 37l ,lS5 bushels, against
l,626,059 last year, making for three
weeks OF November l3,642,000 bushels
against l5,165, 200 last year. While
Atlantic shipments exceeds last years
necrease from the Pacific affects
this market but little. Moreover,
corn exports continue heavy, in four
weeks, l0,453,350 bushels, against
1926, 1888 last year, Hitting the price sc.
and showing continued demand for
nearly five months almost equal TO
the unprecedented demand OF last
year.
Failures for the week have been 1888
Ia the United States against 236 last
year, and 2l 10 Canada, against 25 last
year.
Dunn and Co.'S. Report says:
Unfavorable features are very few,
prominent among which is the con-
tinUed dullness al wholesale points
OF wool aud wooden goods. The sit.
uatlon as TO the country's export trade
IL aatterinR. except for the scarcity
OF freight tonnage. which Is becOm-
ing serious, tending TO check ship
ments OF goods contracted for, and
thus TO hamper seriously the de-
Yelopment OF American trade abroad.
This Is particularly left In the iron
aud steel Industry, and considerable
pix iron arranged for shipment IL be-
lng.delayed aud II may ultimately be
thrown back on domestic markets.
Wheat. including flour, shipments
for the week aggregate 1924 ,726 bush.
cls,against 5,079, l4l bushels last week,
5,405, i73 bushels In the corresponding
week OF 1897, S,753,69s bushels In 1898,
2,030,0s2 bushels Ia 1895, and 2.007 ,sO2
bushels In 1894.
Since July l., this year, the exports
OF wheat aggregated S3,7l4, 1873 bushels
against s,43e, $40 bushels last year.
Business failures In the Unite
States for the week, l7s, against 22s
last week, 233 In the corresponding
week last year, and 290 In 1896. POS ia
1895, ,and 307 In 1894.
Business failures In Canada number
25, against "a last week, % In this
week year ago, SO In 1895, so In 1895,
and 30 Ia 1894.
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