The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1899-09-29
COTTON is STRONGER.
heat and Germ Firm-Gener.
al Market Rcpnris.

~ WdI ktl hfphtiss
New York, sept Ss.-Bradstreets viii
say;
The notable feature Of the business sit
nation Is ;Ae strength OF agricultural pro-
duets. Fail trade continues good. though
60 Is conceded at several markets that
tie biggest part Of the fall business has
been done weather conditions, although
favorable to cotton crop harvesting. are
claimed 10 be hurtful TO further growth
because OF dry weather. outside specula-
tive interest In that staple short covering,
partly It Is claimed. in foreign account
and the exceptional strength Of the man
ufacturing industry. the products OF
which are In active demand and tending
upward. are all reflected In the rapid
advances for both futures and spots. VI
sible supplies, while considerably larger
than IN recently preceding years are
slightely smaller than they were IN iss5,
since when consumption has uncuestlon-
ably heavily increased Mlddllng uplands
are now y C higher than at the beginning
Of the month. iMc higher than last year
and 2c above the lowest point reached
in 1SsS-s9 crop. The extentlon Of the price
agreement as regards print cloths, the
new one however, covering all classes OF
product. has strengthened the situation
In cotton goods, and at the same time Is
credited with presenting an obstacle TO the
progress Of the prosed agreement talked
about
Wheat has remained strong. growing
hrmer toward the close on enlarged fore
ign buying and uncertainty as TO the out
come OF South African affairs. sympathe-
tic strength Is displayed by corn and other
cereals Increased foreign demand Is re-
portei largely responsible too. for the
stronger tone and advances shown IN hog
products Wool has continued strong and
g. active demand both at home and abroad
Some American buying is reported at the
London sales, which will close earlier than
expected. OWNS to exhustlon OF supplies.
In the manufacturing branch OF the
trade demand Is reported active.
There is a quieter tone at most marka
for iron and steel and large buyers have
been, most OF them, out o. the market.
There Is no dlmnutlon in strength how
over. and a number Of advances, notably
on southern iron sDd steel biIets are TO
be reported. Complaints Of backward dell
veries are as numerous as ever Lumber
remains active at most markets, though
complain Of slow deliveries. due to lack.
of cars. are also heard
Southern manufacturers have again ad-
vanced the price OF stoves. which are
now nearly one third higher than year
ago, and plow manufacturers have also
Joined In this movement. making the third
advance within year IN this branch oil
farm implements.
An equally srong tendency a to price
Is noted In hardware, particularly builder
grades
Wheat including hour, shipments for
five days aggregate 3.s22 500 bushels
against 4.65O7G5 bushels last week, 5.80o.
Sl5 bushels IN the corresponding week OF
1898, 5.SSi.2iG bushels IN 1897: 4.2i5.7sI bush
els in 1896 and 2.6lSs66 bushels In 1895
Since July /, this season. the exports OF
wheat aggregate 4o.si6o60 bushels agalns,
4L000s97 bushels last year, and 66I44.7u
bushels in 1S97-9s.
Corn exports for the week aggregatd
2,776,25o bushels against s,79i065 bushels
last week, 2,5sO.O76 bushels in this week
a year ago. 3,sls,6ol bushels In 1897. 31G5
COS bushels IN 1896. and l.sS3, 75i bushels
in 1895.
Since July 1. this season corn exports ng
gregate 55931 .e57 'ushels. against Se.Os5.-
23s bushels in 1896, and 1883, ,754 bushels In
1895.
Since July /, this season, corn exports
aggregate 55.aSl,95 bushels, against &c.
O95 ,2Ss bushels during the same period
a year ago, and A,5Os,592 bushels in 1891
Os.
Business failures for the week in the
United States, Ave days. number 1Si. as
compared with i47 last week, los in this
week a year ago, 1S9 in 1897, s25 in 1880,
and 245 in 1895.
Business failures in the Dominion Of
CCanada for tho week. fve days, num-
Der II. as compared with Is last week.
% in this week year ago, 80 in 1897, %
in 1896. and 81 In 1895.
CONDITION OF MO Ely.
New York. Sept 2 -Bradstreets to-
morrow Will say;
The two days recess on account OF the
Dewey parade ave holiday appearance
IN me STOCK market. Large interests
seemed to be doing nothing. The profess
sional room traders were therefore In con
troll and at first depressed prlc with
comparative ease on the threatening as
pect OF the Trnnsvaal sit alton and more
| especially on the increased Armness OF our
own money markets. The New York
ban statement OF last Saturday showed
| Il !s true, an Increase OF s.. 800 COO In sur
plus reserve. but the lguro displaying a
| further loss OF S2,5OOoOO cash al. a con.
| traction OF 1l7.LJ0.OOO in loans could only
| Indicate that tie banks have been meet
! ing the enormous interior demand fol
funds by calling in loans IN the stock
market.
The same process vas apparent IN th'
statement put out on Thursday from TN
clearing house for the lour days. Shin
l.ents Of money 70 The interior continue,
this week and the October disbursement
and the ..olidays also Influenced the situa
ion. call money bel sc-rcer and thl
demands OF the market temporarily NOR
/ pressing. As result we have had no
only a six to ten per ,-it money narke
hi We but one In which, as on wednes
day, 10 per cent or more was paid for yer
considerable amounts. This naturall
c'used some further liquidation OF specu
lative accounts, though the opportunlt.
for this is 20 a large degree. now eE
Lausted, weakly held stocks being preti,
thoroughly shaken oLt.
brooklyn rapid transit held lts position
as the active feautre. Further connict
Ing reports as 10 the contr-i OF the com
pany carried the price up to ssh
Pr uariog for Or. at RgcP.
New York Sent 2s-The r,oluunlia wa