The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1899-05-13
BUSINESS WORLD
Bradstreets Report but few
Failures for the Week.

New York, May --BradstreG,s tomor-
row viii say:
Reports as to trade conditions aro gem
orally of a favorable tenor, notable among
these being advanced quotations for
many grades gl iron and steel, Increased
/ dcusng ln nuiialns lines ruHecteu IA
heavy sales OF lumber at prices tending
upward. a nrmer tone la the cotton goods
market sy mpathized in BY the raw pr0Gact
bank clearings surprising all records for
tnia weeq OF the year, railroad earnings
maintaining recent gains and business fail
urss a. Tor some time past. down to the
minimum. Onsetting these ln some meas
uro might be- cited the reasonable oulet-
ins down of Wholesale dlstrlbutive de-
man, particularly fOt dry goods and cloth
ms, but tie most notable OF all the
iuilher Weakening of cereal values, re-
hectng the Indifference OK foreign buy
Ors, ia spite of the definitely conceded
fact that our winter wheat acreage has
beon considerably curtailod, lower qxsta-
tions OF hog products and some shading
Of prices n sugar. copper ana tin. III
conditions OF demand, supply, In visible
wheat reserves and foreign crop advices
did not favor lower prices the government
report might have been regarded as a
bulliah publication. Ihe weakness OF the
market under the circumstances, may
therefore. be regarded as rejecting the
feeling among foreign consumers that
good crops abroad and the rehulng Of
depleted reserves from last years Yield
VIII furnish wheat in plenty The demand
in iron and steel does not weaken. Pro-
Jucton of pig iron though at a maximum
is stiu inadequate and the stocks OF pig
iron show a further decrease Reports
that possible foreign business in this line
has been rejected come ot producing CEN
ters, but the efforts OF foreigners to OBJ
tain supplies here g.. nevertheless, testi-
mouy 20 their own productive abilities be-
.us heavily taxed. IN textile lines the
features of the week have been the prac-
ucm pogg,ng" of the price OF print cloth
from the next six months as a result OF
the large sale of the combined Fau River
interests This has impaired nrmuess to
all branches OF tine trade and affected
quotations of the raw staple also.It seems
evident that the first real inspiration in
the wool Industry must come from abroad
Heavy buying OF Australian grades for
re-eNport has been again the feature, but
coupled with this are reported liberal
sales at leading markets of domestic wool
TO $50 aboard. in the building trades ac-
uvlty s very generally reported. sales OF
lumber are large and the strong statistical
position of nearly an grades foreshadows
continued hrmnoss OF o. further advance.
Hides ana leather are IN good demand and
Is moving well at recent advances
CONDITION OF WHEAT.
Wheat. including flour, shipments for
tho week aggregate 3.28i,1S2 bushels. aga
inst 3Asi,0sl bushels last week, 3,2S4,5i2
bushels 3 uthe corresponding week OF 1898,
2iS3s15 bushels ina 1891 1908 ,225 in 1896
and 2,3975ls In 1895. Since July a this sea
son the exports OF wheat aggregate 2O3.05S.
Sls bushels against 20z.5330l8 bushels last
Year Corn exports for the week aggre
gate 2.16sG9i bushels, against 2,S4T 40 bu-
shols last week, G.017,25O bushels IN this
weak a year ago. a.09G,s3i bushels in ig7.
j COS .5Sl bushels In 1896. and l.2iO.72s bu-
shells In 1896 Since July 1 this season
corn eports aggregate l462lS.S07 bushels
against 1G3G)2,5c4 bushels during the same
period a year ago
business failures Tor the week number
l6o, against l6l last week. $50 n this week
a year ago, POI In 1891. 2c5 in 1896. and 30
in 1895.
Canadian failures number n. as against
% last week. % IN this week a year ago
9. nj 1897 "a IN 1896 and % In 1896.