The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-06-24
BRADSTREET'S VIEWS.
In General Prices Are Good and tho Cur
rent of Trade Is Strong.

New York, June 23.-Bradstreets to-
morrow will say: Less than the average
erect of approaching midsummer influ-
ences are discernible in current trade re-
ports. Prices, too show strength I'M
usual at this period, and particularly in
we" OF the recent steady advances. This
Is notably manifested, of course in the
iron and steel industry, where the ten
dency of values is still upward, though
the advances reported are not uniform al
all markets, pointing to individual in
stances of business done at best possible
prices Where prompt delivery can be
guaranteed fancy quotations are in many
cases obtainable and the testimony to the
scarcity of supplies is universal
The unprecedented weekly output of
coke is coincident with statements that
the usual summer shutdown in iron and
its allied industries will be ignored and
claims from Pittsburg of the placing of
record-breaking contracts for steel rails
for export to Russia, not, however, for
immediate delivery.
Predictions of s20 for Bessemer are well
within sight of tealizatlon and warnings
of overriding the situation are more nu-
merous. Hopes pf Improvements in the
wooden goods industry have materalized
in an active demand at the leading mar
kets for the manufactured products and
simultaneously from several markets
come reports of abnormally small stocks
of lightweight goods in the hands of
dealers.
Wool is more active and fra in sym
pathy Herewith and sales are larger,
though mostly of speculative account.
Improved crop reports are responsible
chiefly for lower quotations of products
this week Wheat has been affected by
glowing reports from spring wheat sec
tons, but more especially by continued
enormous deliveries of the old crop sup
plies, pointing to the 1898 spring wheat
yield, and therefore the aggregate yield
of the country, having been heavily I'M
derestimated. At the decline, however,
good buying on. export account has de-
veloped
Cotton crop prospects have continued to
improve and the raw product is lower on
the week. with shading claimed also IN
print cloths, although cotton goods, as a
whole, are in exceptionally strong posi-
ton.
Raw sugar is lower on unanimous re-
ports of improving crop prospects the
world over, but refined sugar is in heavy
domestic demand and firm
In industrial lines there is little more
than the usual friction as to wages, the
most serious disturbance being the Colo
RADIO smelling works strike The usual
summer shutdown of glass factories is
now complete.
Railroad reports point to an exception
ally large traffic and reports continue IA
vorable, particularly in the Northwest
but passenger and freight rate cutting are
increasing.
Lumber retains all of its early activity
and strength,
Wheat, including flour, shipments for
the week aggregate 3,765719 bushels
against 2,79s.4T1 bushels last week, $685.
40 bushels in the corresponding week of
1898, 2156, 246 bushels in 1887. 1881, 631 BUSH
els in 1896 and /, SAG, 4O2 bushels in 1895. Since
July l. this season, the exports of wheat
aggregate 221, 76s,672 bushels against 49,
073303 bushels last year.
Business failures for the week were 1879
as against 159 last week, 22o for this week
year ago. 215 in 1897, 219 in 1896 and 215 in
1885
Business failures in the Dominion of
Canada for the week number 10 against
% last week, 10 in this week a year ago,
II in 1897, 10 in 1896 and % in 1895.