The age-herald., 1899-08-26
BRADSTREET'S
 REVIEW OF TRADE Much to Encourage Found in Prevailing Conditions. STEADlNESS OF DEMAND Dun & Company Say Nothing is More Eloquent Than the Existing
 Facts Orders for Iron Far
 in Advance.

New York, August 25.-Bradstreet's to- morrow will say: Strength in prices and steadiness of demand are still the salient features of the trade situation. Iron, steel and other metals, most of the cereals, leather and cotton grades manifest an up- ward tendency as to prices. Other staples, with the exception of sugar and anthracite coal retain all their old firmness Fall de- mand is expanding at most markets, par ticuary good reports being received from the northwest and that portion of the corn growing country which this year seems likely to be notable for surplus production.
 Aggressive strength and firmness is noted in iron and steel, particularly at central western markets. Consideration of next years needs now seems to be the most prominent feature of the trade aside from complaints of slow deliveries on nearby or ders. Foremost in advancing is structural material, which has moved up $5 per ton, closely followed by steel billets at an ad- vance of 8, steel rails and nearly all grades of pig iron, with smaller relative gains Other metals show sympathetic strength, notable In this respect being tin and lead.
 Among the cereals, wheat has been quite firm all the week. partly owing to a whit ting down of northwestern estimates, but also due to a steady demand for the cash article alike foreign and domestic ac- count. The relative scarcity of cash corn is responsible for the advance shown this week in the face of a concededly large pro- duction.
 The shadow of the Neill estimate is still o,lrat irmer, owing to reports of deterioration due to heat and drought, and partly to ex- ceptionally good reports from manufac- tured goods, quotations of which are tend ing upward. A sudden cut in prices of re- fined sugar has led to the impression that the sugar war will be re-opened in all it's herceness. Additionally strong features in the general trade situation are the active demand for lumber at market prices and the firmness in the higher grades of wool, notwithstanding less active buying. A supporting feature in this latter case, how ever, is the active demand reported alike for mems and womens wear woolens.
 Conditions of supply and demand seem to be at the bottom of the recent rise in beef prices This advance has attracted in-
 
 some shading of quotations is noted, but Chicago prices have only been equalled five times in twenty years. There are near ten million less beef cattle in the country than there were seven years ago, and, in fact, there are fewer cattle in the country now than in any year since 1892
 Reduction of supplies in hides and of the demand for boots and shoes is found in higher quotations for hemlock sole leather at some markets.
 Business failures in the United States for the week number 175 against 172 last week, and in this week year ago 210 in 1S97 920 in 1896 and 19O in 1895. Business failures in the Dominion of Canada for the week num- Der 23, as compared with 20 last week, 27 in this week a year ago, 37 in 1897; 31 in 1896, and 42 in 1885,