The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-12-30

NEW YORK. Dec 29.-Bradstreets to-
morrow Will say: Holiday quiet and
stock taking impart an appearance of
dullness to general distributiye trade,
broken, however by fair activity in re-
order business to fill up stocks depleted
by the heaviest holiday trade that has
ever been experienced. Anticipation of
spring trade wants has given a more than
ordinarily active appearance to business
in dry goods at New York, while in in
dustrial lines the efforts of manufacturers
to keep UP with filled order books is re-
sulung in unusually active operations.
Following the furry in money, stocks and
in some lines of speculative commodities,
noted last week, has come, as was ex-
rected, n more cheerful tone and a firm
ing up of quotations is noted In such
staples as cotton, which was affected by
last weeks money developments, and
also in hog products. coffee, copper, tin
and lead. The failure of cotton receipts
to increase has been source Of strength
in that market. more especially as the
break recently is understood to have af-
forded opportunity to heavy short cover
features prices have displayed exceptional
firmness, cereals holding up especially
we'll
1.-The strength of textiles is still q
feature which finds Justification in cur
rent statistics of large seasons receipts
and sales of wool, and in reports Of en-
larged old, and heavily increased new
capacity in manufacturing lines. An
other example OF this is found in the
fact that although wool receipts at Bos-
ton for the year aggregate nearly double
those of a year ago, the stock held at the
close of the year is actually smaller than
1t was at the erd Of 1893. One of the last
Of tie manufactured textiles to feel the
impetus of expanding demand, cotton
thread, has this week been advanced
Boot and shoe statistics point to an in
crease of shipments from Boston of 400, 900
cases over the preceding year, and al
though recent mild weather has dulled
demand. the outlook in this trade and in
hides and leather is ORG Of considerable
strength
In iron and steel, seasonably quiet as
regards new business is observable, but
una bated activity on earlier booked
orders Is reported. In some cases no
shut down was made for the holidays by
mills and furnaces. A production little
below 100000 tons of pig iron Is an
tiCipated, with all other branches of the
sar0e trades representing similarly heav-
lily increased outputs ana prices, despite
the great advance of the year, and doubt
less rejecting the large orders ahead, ex-
Cept1onally strong. A gain in other
metals is feature calling for note this
week. Hardware IS seasonably quiet, but
that trade reviews the old year with
satisfaction and faces the new one with
confidence.
Wheat. including -four, shipments for
the week aggregate S,610,557 blu, against
2,813,i14 bu last week, 6,252, 625 bu in the
corresponding week of 1885, 5,495,061 blu In
1897, @,707, 1913 bu in 1896, and 3,1i23TS bu in
1895. Since July / this season the ex-
ports Of wheat aggregate 039&4 1877 bu,
against 121, 52S, 700 blu last year, and 129 061 =
816 blu in 1898. Corn exports for the
week aggregate 3,226 259 blu, against $780,
700 bu last week, 3,G5?.745 bu in this week
a year ago, 4,0SG,S SEC bu in 1857, 2, T42, 1894 bu
in 1886, and 8I2, AL bu in 1885. Since July
this season corn exports aggregate 121,-
6T,145 blu. against 60950.G39 bu during the
same period a year ago, and 81, 347...60 bu
in 1S97-9S.
Business failures for the week number
220, as compared with Oil last week, 218
in this week year ago, 297 in 1897 329
in 1898, and 31S in 1895. For the year fail
ures are the smallest in number for sew
enteen years past and were it not for a
few heavy financial suspensions in De-
cember liabilities which will exceed these
of 1892 slightly would have been the
smallest for twelve years past. Business
failures for the week in Canada number
p, az compared with 20 Lost week, 16 in
this week year ago % in 1897, 81 in
1896, and 80 In 1895 Canadian bank clear
ings aggregate $29, 2S5, 00O a decrease Of 16
per cent from last week, but a gain Of q
per cent over this week year ago.