The San Francisco call., 1899-07-15
BRADsTREETs ON TRADE CONDITIONS

NEW YORK. July H.-Bradstreets to-mor-
row will say;
New features in the general trade situation
this week are of an almost uniformly favor
able character. So rare, indeed, are the dis
turbing features as to necessitate search to
locate them. Additional statistics of past trade
movements received are certainly of en-
couraging nature, foremost among these being
exceptionally good railroad earnings reported
for June and the first half of the year and
ascertained totals of an enormous export trade,
nearly equal to the phenomenal business of the
recefverships for the first half Of the wear
hear striking resemblance to the list of bust
ness mortalities inasmuch as they are the
smallest in number reported since receiverships
features might be mentioned the quite favor
able crop report of the Agricultural Depart
moderate yield of winter wheat and therefore
Of a small aggregate crop than that gathered
largely underestimated), points to large acre
age in and conditions, which, If main
of 1000, 900 900 bushels. Late unfavorable. re-
ports from Russia point to a still greater dim
The official French crop estimates have also
been whitfield down and the outlook seems to
nearly as much wheat in America as it did in
the last fiscal year, when, II might be added,
exports exceeded the totals Of the boom year
1S97-9S In Industrial lines, the outlook is a
promising The settlement of the coal
miners strike in Pennsylvania. and of the
J1n-plate workers dispute, bid fair to result
in nearly co. 900 men resuming work, after the
summer shut down. A number of wage in
creases are also among the weeks develop
ments The iron-blast furnace for July l,
points to unprecedented current weekly pro-
duction, but available stocks of pigiron are
down to less than one weeks supply. From sew
erai centers of industrial activity come reports
of scarcity of labor, initiating against even
more pronounced activity. Iron and steel
while rejecting the summer quietness to some
extent in the East, quite active in demand
at the West and heavy sales are re-
ported from Chicago. with further price ad-
vances in structural material.
paS nj G fIar, do,,
BILE what 1t was one year ago. Reports are
large quantity of foreign business have been
closed The price situation is not a strong one
wheat and coffee, alone of all the staples being
lower on the week and the former only frac-
tlonally so, owing to large receipts at the
West and the check to export demand caused
by reaction from the price reached some time
ago.
Wheat including -four shipments for the
week aggregate 1893, s15 bushels, against g. 75S :
e72 bushels last week; 2,910S27 bushels in the
corresponding week of 1898; 1,522, ,092 bushels in
1897; 1858, ,949 bushels in 1885, and 652 1872 bush
els in 1896. Since July this season the exports
of wheat aggregate 7.019,7S7 bushels against
5,639, ,469 bushels last year, and 6,204 69S bushels
in 1S97-98
Business failures number ia, against 13s last
week, 2tS in this week year ago. 247 in 1897
255 in 1896, and 214 in 1895.
Business failures in the Dominion of Canada
number q compared with 25 last week %
in this week a year ago; Ss in 1897; 80 in 1896,
and 2s in 1885.