The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-12-23
TRADE NOT AFFECTED
FINANCIAL FURRY IN NEW YORK
HAS HAD NO DAMAGING Eff
FEET UPON BUSINESS
20 BRADsTREEF's REPORTS

Makes an Excellent shOw1ng-Fa-
vOrabIe Conditions Are All the
More Gratifying Because of I'm
favorable Weather - Business
Failures Fewer Than Ordinary.
NEW YORK, Dec 22.-Bradstreet .
statement of trade will say:
Holiday trade activity, of course,
reaches Its highest development during
the week now drawing to a close. and IL
Is significant of the prosperous conditions
underlying theSgeperal business situation
that reports almost without excepti9 IN
point to volume of business having
Few II any parallels in previous years.
another significant feature developed also
III that the demand for such goods en-
braces higher class and more expen-
slVe grade OF materials, a conclusion
among trade reporters being that larger
buying capacity exists now than in anv
previous year in the countrys history.
This favorable condition, too, exists In
face of the fact that weather conditions
nave not altogether favored rail distribu-.
ton of winter goods, the result bein.s
less activity in purely retail lines tn. -
lao oeen looked for, though comparisons
With one year ago are generally favor
able 4.
Wholesale trade at this season usually
SHOWS quieting tendency, but 1t is cues
l4ohaple whether this tendency Is as
marked this year as in former periods.
10 the advanced stage of the season
chiefly. and perhaps, also, to the senti
mental effect growing out of stringent.
money conditions In speculative lines.
may be charged some Of the quietness
noted AS above intimated however this,
Is less marked than in preceding years.
just now much influence upon current
bank clearings has been exercised nv
money market developments and what
erect authorizations of interest payments
on on jan. l, estimated to aggregate 500 Geo..
GOO, have had upon bank clearings II
would be hard to state accurately. Prices
generally have shown exceptional
strength, the great majority of stanIe
quotations remaining unchanged as a re-
suit of the weeks operations, AS excep-
uons to this might be instaneed, -four,
pofk' co1Lee and lead, which ara higher
Whlle copper, cotton and tin are lower
war news and tight money combined
caused slump early in the week in cot
ton, but the close found prices Of actual
staple, spot cotton, only slightly beloI
the opening. The interior movement OF
cotton has failed to expand, and there
are evidences that foreign buyers covered
heavily at the decline
wheat, including -four, shipments for
the week aggregate 2,813,714 bushels
AGAINST 5,26S,640 bushels last week. 5515
~ busneis In the corresponding week of
tS9o' 500 oS0S bushels in 1897, 2.11 7O2 BUSH
els in 1896, and 3,947,ea1 bushels in 1881
since july l this season the exports OF
against 115,236,0S4 bushels last wear and
10 ooo' fo6 bushels in 1S97-1S98 Corn exports
Tor the week aggregate 3910.0G0 bushaIs
against 4,017 1856 bushels last week 109 ava
bushels in this week a year ago. 4S79 OF
bushels in 1897, 2,46S 100 bushels in 1905 ard
l'SSS,zS6 bushels in 1895. Since july this
season corn exports aggregate 10s 40 SAG
ptlshels, against T,2SO.S4 bushels during
the same period year ago and rs. 260 39t
bushels in 1S97-1S9S
business failures are fewer than or.
o1hary at this season, though exceptional
money conditions have caused soma
heavy embarrassments. and the ensuing
liabilities will swell the months totals
considerably The total number Of orn-
oarra ssments this week is I'll, as compar-
ed With I'll last week, ZIP in this u,aolr a
year ago, and ESQ in 1897 CANADIAN fo,I1
ures ior the week number 49, as compar-
ed With 70 last week, "a in this week ..
year ago and 80 in 1897 -
Advices from Canada point to a largo
Nolulhe OF Christmas trade. though win
Ter grades proper have missed the stim1I.
rus impaired by cod weather. MONTREAL
t tt7p =, nonaay business larger in volume
than in year past. but retailers Of win+ao
staples report trade not as large as az.
peeted." "a eA-