The San Francisco call., 1899-09-29
BradSheet'S S on Trade.

NEW YORK, Sept. 2S.-Bradstreet's will say:
The notable feature of the business week is the
strength of agricultural products. Fall trade
continues good, though it is conceded at sew
eral markets that the biggest part OF the fall
business has been done and that recorders from
now on will cut the largest figure. Weather
conditions, while favorable TO cotton harvest
ing, are claimed TO be hurtful to further growth
because of the dry weather Outside specula-
tive interest in that staple. short covering
partly, it is claimed. on foreign account. and
the exceptional strength of the manufacturing
industry, the products of which are in active
demand and tending upward. are all reflected
in the rauid advances for both futures and
spots Visible supplies, while considerably
larger than in recently preceding years, are
slightly smaller than they were in 1895 since
when consumption has unquestionably heavily
increased. Mdding uplands are now 9sc
higher than the beginning. OF the month,
lowest point reached the 1859 crop. The
extension of the price agreement as regards
all classes of the product. has strengthened the
situation in cotton goods and at the same time
is credited with presenting an obstacle to tie
progress to the proposed combination talked of
for some time past.
Wheat has remained steadily strong. growing
frmer toward the close on enlarged foreign
buying and uncertainty as to the outcome of
South African affairs. sympathetic strength Is
displayed by corn and other cereals Increased
foreign demand is reported largely responsible
too for the stronger tone and advances shown
in hog products. Wool has continued strong
Some American buying is reported at the Lon
don sales which Will close earlier than ex-
pected, owing to exhaustion of supplies. In the
manufacturing branch of the trade the demand
is reported active.
There is q queter tone at most of the mar
kets for steel, and large buyers have been,
most of them out of the market There is no
dmnution in strength, however, and num-
ber of advances notably on Southern iron and
steel billets, are reported Complaints of back
ward deliveries numerous as eyer. Lun1-
ber remains active at most markets, though
complaints of slow delivery, due to lack of cars,
are also heard
Southern manufacturers have advanced the
than year ago. and plow manufacturers have
also joined in this movement, making the third
advance within a year in this branch of farm
implements.
An equally strong tendency as to price is
noted In hardware, particularly builders
grades.
Wheat including -four shipments for FIVE
days aggregate 1922. 500 bushels, against 1890
765 bushels last week. 5306,s75 bushels in the
corresponding week of 1898. 1894 2i6 bushels in
1897 4.215 794 bushels IN 1896 and 26l3, S66 BUSH
els in 1895
Since July this season the exports of wheat
bushels last year and IS. 144. III bushels in 1897
1898.
Business failures for the week in the United
States, five days. number 131. as compared with
147 last week. 16e in this week year ago, lS9
in 1897 325 in 1896 and PAS in 1895.
Business failures In the Dominion of Canada
for the week five days, number II. as compared
with II last week % in this week year ago.
33 in 1897. % in 1896 and 81 In 1895.