The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1899-06-17
PRICES AXE HIGHER
Outlook Good, Ae
cOrding TO the Commercial
Agencies.

only in IuN NONllILE Oh N.NNHA NaaILA-
button but in their effect on value of s,a-
pies. Particularly agricultural products,
"a majority Of which are highlr Note-
worthy in this respect is wheat hich has
advanced on government and other re-
ports. pointing, according to some, 10
50.O00O 900 and hy others estimated as low
aa 500 million bushels The pos blpy is
also presented ot sprug vhoal Cot tho
nrsi umo on rccord, equa.huE i uot cN-
ccling in yield that of the wlulcr sovu
wheat owing 90 The severe weather last
winter and insect damass l1 The crop
since then Particularly helpful, how
ever IN advancing prices have been the
reports OF widespread damage Co the Rus
sian crop. less glowing spring wheat re-
ports drom the northwest and tentative
estimates Of the worlds crop pointing TO
5O railuous 20 $50 millo.-s bushels smaller
yield than In 1899 oats aud other small
cereals have sympathized with wheat,
ipa4uculany as acreage and condition
figures point likewise to diminished yields.
flot products have shared the strength
OF cereals. bun cotuJu remains unchauB-
cd. notWlthatandug reports ol decreased
acreage and firm codiuoua iu the manu-
featured goods rather ruhccung ia
fact. reports OF Improved crop conditions
| m the south ls "a result ot tine breaking
of the dry speu in the emf =utes The
crop o. however. stu backward Ad-
Ivlce3 as go tns distnbuUve trade are in
| the main very favorable. Hot west
thor has stimulate retail business and
orders nor fml delivery ares reported in
large volume and earlier thau lor years
Itaat. AZ some centeIa. Iu iact. iess
! than the usual effect lcoked for from
.,sasouable midsummer influence Thts
s however. best illustrated iu the iron
ana stee trade. which Displays uneN-
ampied activity as resuds summer pro
duct on and consumption limited only by
The obtaining OF supple Advances
along The line arc No the futures trado
Predictions i'm the further advance iu tie
price of rails are made based upon tine
fact that old contracts at Very low
raaes have now been nearly hlled Not
/ w.thstandlng these advances There is
snl some export inquiry and a feature
reported has been one ou continental ac
count for American coke. Iron ore
Ishipments although three weeks late.
nearly equal those of e yc1r ago. Long
abandoned eastern ore mines are beng
roopened. and shipments of Alabama
Isteel and Texas pig iron 20 Pittsbdrg dis-
proves the truth of the old proverb Chat
there IS little profit in carrying Goals 20
Newcastle
Wheat including flour shipments for
the week. aggregate 2lE,il bushes
AGAINST 3l5S.OG bushels last week. i'3e0'
rs, bashes ia rhe corresponding weeh "i
lSgs 26l73tg bushels lu ls9i, &2lul0 bu-
ahels iu 1896 ana 2N15ol bushels Ia
1886
since July l this eaaon the exports OF
wheat aggregate 2ls.O22g5l bua ah".'.
Iaeainst 225.2,2.sl8 bushels last year. corn
.xports for the, week aggregate 3.iso,5oi
bushels against 3,32ysS bushels laa.
week. l.lOC.1OG buahsa la This week a
wear ata,, l.g2i3i3 bushels ia 1850 l'lo''oi
i'm 1896 and SIS, ,95l bushels in 1880.
since July this season corn exports aG
rresate iGs. .425. .726 bushels against le9'ao''
lo36 bushels during the same period yea
ago.
business failure number 100 aghn7
las last week. 20l u this week year ago
liza in 1887. 265 Ia 1896. aud 2ii in la''.
Canadian failure number % against il
llasr week and u thl3 week year af"
lgi n 1881. 30 iu 1886, 20 in 1880
FINANCIAL REVIEW.
New York, june l6 Bradsterta Ft
lu1ucla Review tomorrow VIII say.
1bis week has seen advances in
humber OF tho higher grade of bona ia
lsues. win new records in the quotations
} of tehm The same tendency also has al
erfeot upon dividend paying stocks "'
tbe other hand uncertainty I'm regard o.
t1,e crops ana tho outcome as to raf
road tonnage and earnings is siih sum
leientlv prominent TO exert rce'rcuN
i,euepce oo specuauoa. The Irregular
, lt,, iu crop estimates, at tins portion o
~. v..ar is rather more pronounced tina
Car some seasons past and b. In man
) ouorters considered a god reason 10
waiting on the par. Of large speeulauN
interests. Some OF the latter have indee'
} -iyen support TO their specialties' pu
|. lotbers have bon active on the bear sld'
J although in an operations Of that chara'
ter at present. tho disposition is TO cove
I. for smaH profits. Europe has not Deem
: f,ctor in our markets. Tho London pal
Z tieipation here being small ana eQuai'
\ laiytded between buying and selling Thei
lbave been no surprises as 20 earnings
f 7iyftenas although uhe street IS waitin
a d.,,.lour,eufs Of some kind in counecho
oatb one vanderbilt properties aud ais
= lnears chat favorable results are 90
prop critics
nUNs REPORT.
= N.w york juno l6-R G.. Dun's wee
u ty review of Trade VIII say:
g De- ono ol tue frequent paradoNes
s. m,.in.ea that bs one thing which n'
G, ,.slts. pripes rs. the only thing On
a ,t. fifur. They rise in ron a