Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1898-07-14
A GOOD FALL BUSINESS
CONFIDENTLY EXPECTEC BY AMERl-
CAN BUSINESS MEN.
Favorable Reports From tho West
and Northwt st-July Prices Main
tain IA High Range.

New York July S.-Bradstrcet's to-mor-
row will say
While the tone of the general business
partakCs of the usual midsummer stock
taking Quetncas. the number of favor
able features coming to hand has not ma
tcrially lessened, and confidence in good
fall business is still widespread.
Developments i'm the iron trade are still
patiently awaited, but among the favor
uhlc features might be instanced an i'm
proved demand for pig iron and inc, 141sod
inquiry at higher prices for steel Plates
at some eastern points while the western
accounts continue quite favorable. Rdth-
e. more is doing on export account in this
line of business and the demand 70" GER
calls abroad is quite satisfactory. The
CROP situation. IL. in the main, very fa-
Norablc, although the tendency now is to
discard early extreme estimates of yield
OF wheat and Ga o0o,CoJ to 7oo,OoN,Go0 BUSH
els estimates are more popular
Business failures for the week number
2il as against l73 last week. .l3 IN this
week a year ago 2lg in lS'G, 2t6 in 1875 and
- in 1874.
As for some time past the west and
northwest sent relatively tn" best reports
Chicago reports that not one import ant
staple line of trade shows Il falling of
from last year. Dry goods houses are al
ready shipping goods sold for delivery in
August. While steel mills are not getting
new orders very freely. business already
booked Keeps them running full. Gov
ernment orders for canned tomatoes have
cleaned the market. Omaha reports fan
orders the heaviest in years. and that the
small gram harvest in Nebraska Will I've
the largest in the States history. Min
noapulis reports continuance for the 81
tistaCtury trade noted Tor five Wccks
past while Milwaukee, St. Paul and near
ly ali other points north and west report
l..
ing a satisfactory business chiefly on ur-
ders for fall delivery from the south and
southwest, which sections lock for a
heavy August trade. Business is Hbnve
the average for this time of the year at
that city az 1t Is also at Kansas city To-
bacco is active At good prices al Louisville
rather more cheerful tone IL noticen bic
at the south. Memphis, New Orleans
Charleston. and Chattanooga all report
ing trade improved partly as u result Of
OF better crop prospects and partly also
as result Of the concentration OF troops
al some points In the eastern and mid
dle States the the of trade is quiet but nc-
tlvlty In iron has been a feature at Phlla-
dclphia where. however. textile manurac-
iureTs are not very busy Pttsbure re-
ports trade seasonablY duh ana Boston
gives it a 5 quiet. Dry goods are slow but
with stocks Of cottons. particularly
bleached goods well disposed Of rs "A ic-
SN'' ~ i'''ilN pllNt IfNutllOnS. l ne reel
ing ia the WOODEN goods trade is hopeful
while now bushes is narrow
Rather less than the usual midsummer
shadinS of prices IL indicated by the Julv
report to Bradstreet's. Tho apparent net
result, Indeed Is toward IA higher range
OF NalGes, as reflected by the approNi-
mate index number but this is due TO OK
ceptional movements In tea ard rubber
me FORMER Of which. affected by the new
internal revenue tax, advanced nearly 40
per cent during the month of June. The
tehdehty seems TO be to pare down early
eNuDcrdnt estimates Of the wheat vielJ
nut crop is still indicated heavier than
any IN the country's history. Relieved
from ABNORMAL effects of corner" prices
consumption of old wheat is going on ,t
d rapid rate. Bradstreets monthly report
oil worlds wheat stocks show "A shrinl,-
age therein of 22,ODCOj bushels during
June, and the total supply H. America
europe, Australia and Argentina on Julv
was N.N4,WO bushels less than 200 uoD
husn"iS in excess Uf last year and a con 20
10" 10 I2.Wr.OCh smaller than in tn. wears
~" TO 1893. The American stool; is the
smallest held for nine years past white
estimates of farmers supplies are the
smallest known Of recent years. being
only about half Of those a year ago. While
INC outlook Is for a worlds crop I'm 1SgS
I'tIe below that Of 1884, 2,5G0, VU. coo bushels
reserves, ii Is claimed, have been SO h,,y-
NY reduced as 20 neCcssitatc most of this
supply being needed to, az the same time
allow of sufficient gain in carried over
reserves from this and last seasons dam
scrously reduced totals