The age-herald., 1898-09-10
BRADSTREET,S REVIEW

New York, September 9-Bradstreet's will tomorrow say: Heat and holiday have imparted an irregular appearance to specu- lative and general distributive trade this week and therfore to bank clearings re- turns more particularly at the start but with the arrival of cooler temperature some improvement is reported at those markets.
 Generally speaking, favorable basic feat ures already noted still continue most in evidence and the attitude of quiet confi- dence in future good trade is unabated. Conditions in many leading industries, but particularly in iron and steel and its various products are of continued, and, in some cases. growing strength. The ground level of prices of staples is the highest reached for five years past. Railway earn ings favored by the enlarged movement of wheat to market, are showing larger gains that have been recently reported; good export demand for agricultural and manufactured products Is reported: failures remain at a minimum. and reports or poor trade are conspicuous by their infrequency Less favorable crop reports from abroad and good export inquiry are reflected in rather steadier tone in wheat and In ao- yanced quotations for ocean ffeights.
 Weak Corn Market
 corn continues to experience a weak mar rat hut prospects of yield are still regard ed as favorable. Following the intense activity in the placing of orders TOT Iron and steel in the past week, has come uuieting in the demand, but experiences or buyers and the very firm and In some cases the upward tendency of prices point to the conclusion that the lull is due almost entirely to the mills being already heavily oversold. Export business has certainly been checked by the inability of American mills to deliver within time limits set, but orders have been placed at the west this week for large lot of steel bars for ship ment to England. Pig iron remains strong in tone and the firmness of prices is feat ure. Southern iron is in particularly good export demand and holders readily refuse orders when anything less than the full ket price is offered.
 For Another Advance
 The outlook of further 25c advance comes from Birmingham. Some check to trade is reporetd in the lower Mississippi valley. caused by report of yellow fever and heavy rains on South Atlantic coast are said to have impaired cotton crop pros- poets and to have checked trade and col- lections but the report from the south as a whole is still good, based partly upon last seasons immense yield and confidence in another heavy crop this year. South ern mills have done we'll during the sea- son just closed, contrasting sharply with northern mills in this respect, but the need of foreign outlet for American goods is un- mistakable. In the east more is doing in lumber, drugs, paints and glass at Phila- delphia- Hot weather and holidays checked business in dry goods at New York, but cooler weather has brought an inn proved spot demand. Wool sales have again fallen off at Boston; cotton goods are quiet but better, and a demand for mems wear woolens is not up to expecta- tions.
 Wheat shipments for the week, including flour. aggregate 3,lOO,9 bushels as against 6,46l 5O6 bushels in this week one year ago.