The times. [volume] (Richmond, Va.) 1890-1903, 1898-06-18
TRADE REVIEW
FOR THE WEEK.
Business o. All Kinds is in a Most
Satisfactory Condition.
CROP PROSPECTSAREE EXCELLENT
Prices Are Steady-Foreign Trade l.
Unprccedcnted-B Mortal
ity is at a Low Point-The Rail
roads are Exceptionally Busy

NEW YORK, juno l1--Bradstrests to-
morrow viii say.
Unprecedented foreign trade totals IN
volying heavily increased shipments OF
hre.dstuus, provisions, raw cotton ana
manufactured products, f1ttcrng crop
prospects. pointing 20 very large yeild'
of wheat and most other cereals as Vel
as cotton. profitable railway operations
as reflected n relatively lclF.er gains IN
net than srtss receipts. acucity 30 near
Is All Zines OF manufacturing except some
textile branches prices Gee most staples
showing heavy advances over the proceed
Mg year. bank cicaruss exceeding an
previous records az this GATE, "a volume ot
neU demand limited in tue East ana
South t0 midsummer guinness, OUT ~ the
West and Northwest comparing faNora-
DIS with records OF previous years and
low rate of business mortality are al
features OF tae general business situation
at the present time.
CEREAL MARKET QUIETER.
Tho collapse of Letter and his deal in
wheat with the Generalization In prices
which was a c0Icomiiaut. has been foi.
lowed by qu.eter feeling incereal mark
cts. but export demand, partly on early
placed orders has improved. and more IL
doing by -four miiers. ~ be- true tnat tns
continued wet weather in sections west
of tho Mississippi is affecting wheat har-
vcstlug. hut trade opinion leans 20
crop OF 10000 bushels of wheat and large
Yields of most other cereals. with corn
promising least favorably
Cotton acreage and condition alike fore
shadow % Yield which may be slightly
smaller than last year. but this might
easily boz compensated for by an advance
u values. which are higher on the week.
Rather quiet tone ls shown I'm the iron
situation this week. relatively most ac-
tvity being exhibited al che West.
PRICES STEADY
Cotton goods II anything. arc slightly
improved. but raw wool ls sull under re-
strIcted demand because manufacturers
lind new business slow The price stua-
ton for the week reflects steadiness. the
only important decreases being In South
EN- pig iron, wheat and Hour while hides
are higher ar the West. a number OF
metals have been advanced. and bats.
corn. lard and cotton note fractional ad-
Nduces.
Tho west and Northwest continue the
scene ~ relatively most activity alike In
demand and movement OF merchandise.
The excellent crop prospects I'm the North
west are reflected IN a satisfactory trade
in seas0nable goods and a relatively
larger v0,ue OF orders FOR fan trade with
the aggregate trade an most cities heav-
ily In excess OK the corresponding week
I'm recent years
EXPORTS or WHEAT.
Wheat exports for the week aggregate
4Ss0.7N bushels against 4.730 $50 bushels
last week 25f8i9 in this week a year
ago 3o2o3i7 bushels in 1896, 2.&7.5G bush
els IN 1875 and 90 600 bushels In 1884
Corn exports are also slightly smaller
than last week amounting 10 ii060)
bushels. as compared gith f11t.a3 IN the
preceding week. lg2i1i3 bushels IN this
week a year ago. $4,000 bushels IN
1906 and SIS coo in 1888.
FEWER FAILURES
Business mortality is a low point, the
failures FOR the week numbering only
2N-4 smaller than week ago 70 fewer
than IN the corresponding week OF 49,.
IS smaller than in thia week n lsSS q
smaller than in 1876 and only y larger
than 10 this week of 1884 when restric-
ton OF credits and dun business was most
marked.
Failures in thc Dominion ~ Canada
nmnbor %. o. decrease of from ast
week OF IS fnm hc io.al in tbs Yecf
year ago. of 20 uon iH Ad 90 =
from 1895.