The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-23
THE CONDITION OF TRADE
Satisfactory Price Conditions
Still Reign.
TOWARDS HIGHER LEVELS
Short Crop Estimates Are More General
In Cotton-Steady Demand for
Export - Scarcity OF
Beef Cattle.

New YORK, Sept. 2.-BradStreet to-
morrow will say:
Satisfactory trade and price condi-
lions apparently still reign. SO few, in
fact. are the efforts of poor trade that
favorable reports may be said to be
almost unanimous. An expanded vol
ume of fall trade is indicated by the
aggregate of bank clearings for the
week, though reports from some mar
kets point to the greatest rush being
made. Prices as rule maintain all
their former strength, decreases being
few and relatively unimportant. In
several lines, notably cereals, cotton,
petroleum, iron and steel, the tendency
Is favorable toward higher values. Cot
ton has been notably strong and active.
Short crop estimates are becoming
more generally current and bearish es-
Inmates of maximum yields have been
practically discarded, more especially
as 1t is claimed that agents of English
spinners are heavy buyers at the South,
and domestic manufacturing conditions
are known to be in high degree ia
vorable.
Steady demand for export and conf
dence in all of the years crop being
needed have proved stimulating in the
face of heavy receipts and admittedly
large present supplies. Possibility or
war in the Transvaal, too has been an
additional strengthening feature. Iron
and steel are higher on moderate vol
ume of new business and the steady
placing of orders indicates confidence
in present values well into the middle
Of next year Pig iron, however, is
nearer a parity with consumption.
The ultimate effects of enhanced quo
tations upon demand is not yet set
tied, and imports from abroad, while
not likely to be of heavy volume I'M
mediately, are a feature which may
have to be dealt with next year. The
scarcity of beef cattle is reflected in
still higher prices and strength Is
shown in domestic hides, which also
feel the impetus of steady demand
from manufacturers of leather. NO
signs of abatement in the sugar war
are to be seen, price cutting Is active
and prices are demoralized. Other gro
ceries, however, are firm, as are most
other lines, with the exception or
cheese and tea. which note some easing
in price from the recent advance.
Most lines of manufacturing return
strikingly good reports, notable IN TINS
respect being cotton and wooden gooos:
Complaints of backward deliveries OF
cotton goods are common, whlle IN
wooden goods a number of mills report
their order books filled for spring de-
livery and have withdrawn from the
wool market WoolenS higher at Lon
don and sympathetically strong mere,
and expectation of good export trade
for fine grades of domestic Is enter
tanned.
Demand for lumber, though interfered
with by strikes at number of mar
kets, is reported strong and SCARCITY
of miners and boats is reported quite
generally in the west. This scarcity OF
TRANSFORMATION, however, is not limited
to the lumber trade, similar reports
coming from the coal and iron INDUS
tries. r..
Wheat including -four, shipments for
the week aggregate 1880, 765 bushels,
against 4.536, 1862 bushels last week, 81
224, e27 bushels this week of 1898, 5,7oS,-
S25 bushels in 1897, $3.50, 455 bushels IN
1896 and 8, 151, 1907 bushels in 1895.
Since July the season exports OF
wheat aggregate 46,643,5 $50 bushels,
against Al, 694, 01S bushels last year ana
Sc, S10,525 bushels in 1898.
Corn exports for the week aggregate
4. 1914, 965 bushels, against 1882, 75l bush
els last week, 1856, 202 bushels in this
week a year ago, 4,O22, 142 bushels IN
1897, 2,610,4 bushels in 1886 and l,3oo'-
S25 bushels in 1896.
since July /, this season. corn ex-
ports aggregate 53,l55,5oO bushels,
against 1866, 1862 bushels during TINS
period a year ago and SS,3s9,ss1 bushels
in lS97-9S.
Business failures for the week are
147 as compared with 149 last week, ~
in this week a year ago, 237 in 1881,
All in 1896 and 1873 in 1895 in the United
States.
business failures for the week in the
pominion of Canada number ID, as
against "a last week. 10 in this week
a year ago, So in 1897, "a in 1856 and 30
in 1895.