The record-union., 1899-09-09
TRADE CONDITIONS
CONTINUE GOOD.
Everything Points TO a Continuance
of Brisk Business.
Price Situation Shows Every Sign Of Ksta.
bic Strength.
Expansion in Fall Demand Most
Notable in Western and North
western Markets, but the East
Interest Is Manifested in That
Section.

Section.
NEW YORK, Sept. S.-Bradstreet's
tomorrow will say:
Strength of staple prices activity in
fall demand, large railroad earnings
reports of heavy lake traffic and of ac-
tivity in leading industries are the fea-
lures, none of them necessarily news
but still presenting themselves in the
trade situation this week.
Expansion in fall demand is perhaps
most notable at the leading Western
and Northwestern markets, but advices
from Eastern markets furnish evidence
that active interest is manifested at
| those centers. The price situation is
one of notable strength, the events OF
the week, in fact. having been to acA'
centuate in many cases the advances
shown during August.
Cereals are higher, and trading1 with-
in rather narrow limits. the advance
in wheat having been mainly due to
short coverings, induced by more BULL
iSh foreign cables and increased eX-
port demand. The hot weather in tha
West is responsible for further shad-
ing in exuberant estimates of the corn
crop, and for the slight strengthening
in prices shown therein.
Good demand has evidently had the
effect of strengthening raw wool
prices which are firm as a whole and
slightly higher for the finer grades.
Further strength is to be noted in
dairy products this week Early dry
weather conditions still affect butter
prices while good foreign and horne
demand has strengthened quotations in
cheese.
A conspicuous exception to the
strength displayed by most staples,
however, is found in coffee, which this
week reached the lowest price ever re-
corded thus rejecting enormous stocks
of Brazilian grades. and a possible
heavy crop to the current season
Wheat Gncluding four) shipments
for the week aggregated 4,353,9O6
bushels, against 3.613,444 bushels last
week, 3,200.20S bushels in the corre-
spending week of 1898: 5,461 sos BUSH
els in 1897; 3, ,799 141 bushels in 1896
and 1,S10,039 bushels in 1895. Since
July 1st this season the exports of
wheat aggregate 37.476, 246 bushels
against 81, 793, 800 bushels last year.
Business failures for the week num-
ber only 123 against 131 last week and
142 in this week a year ago. Business
failures in Canada for the week num-
Der y, against % last week and II
last year.
NEW YORK, Sept S-R. c. Dun e
Co.'S Weekly Review of Trade" will
say tomorrow:
The sky is still cloudless, and no dis
quieting change has come during the
week. In spite of more warlike news
about South Africa the Bank of Eng
land behaves as if the worst possible
ity had been fully provided for, and
| this country has no reason to fear
trouble from that source. unless Eng
lish markets have so overloaded as to
need help.
The marketing of domestic products.
both farm and manufactured, continues
surprisingly large for the season. The
new possessions, taken together, are re-
turning in revenue already more than
it cost to clean and govern them. The
West and South still behave as If it
would be impertinent for New York to-
offer money for crop moving, and ara
still bidding for commercial loans here.
Failures are few strikes scarce and
readily settled and the passage of Sep
tember 4th without pressure means
reasonable safety for months ahead.
| After a sharp decline, wheat has
risen a 14c this week. with Atlantic
exports 2,9009 bushels. flour includ-
ed, against 1925. 100 bushels last year,
and Pacific exports 364. .256 bushels,
against 163, 1872 bushels last year. Corn
! has also taken a start upward, rising
! &c, with exports of 3.051, ,569 bushels.
against 2,431 ,0S5 bushels last year. So
great demand for both grains deserves
notice. but so do Western receipts
! ), ,495 ,697 bushels wheat. against 6.F14,-
GIL bushels last year. and Of corn o.
| 923, Al bushels, against 4,20S, ,452 BUSH
els last year. There is no hestancy in
selling or in shipping, with extraordi-
nary foreign demands for the season
farmers are sending forward at re-
markably low prices extraordinary
quantities of grain.
Tin is strong at 321Sc for spot, with
! 1 ,255 tons decrease in all visible sup
plies.
| Lake copper Is steady at 1S15c, with
heavy buying for electrical use, and
| lead is quiet at 400.
| Preparations for other wooden combi-
nations affect the market for goods
somewhat, which is nevertheless
strong, although some Irregularities
have developed in worsteds. The wool
market is much less active of late, with
sales of only 9,225, 200 pounds at the
chief markets, and while prices are stiff
manufacturers are buying only for inn
mediate needs. Quotations for the
week are unchanged. but holders are
confidently looking for large advance
! to result from the London sales.
Failures for the week have been l3z
| in the United States. against 164 last
year and 80 in Canada, against 10 last
year.
Charged With Incendiarism.