The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-09
THE CONDITION OF TRADE
Expansion in Fall Demand a
Notable Feature.
STAPLE PRICES STRONG
Large Railroad Earnings and Heavy
Lake Trafic-Cereals Are Higher.
Prices Are Higher on Iron
and Steel

New York, Sept. s.-Bradstreet's to-
morrow will say:
Strength of staple prices. activity in
fall demand, large railroad earnings,
reports of heavy lake traffic and of
activity in leading industries are the
features, none of them necessarily
new. but still presenting themselves in
the trade situation this week. Ex-
pansion 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 ac-
centuate in many cases the advances
shown during August Cereals are
generally higher and trading has been
within rather narrow limits, the ad-
vance in wheat having been mainly
due to short covering, induced by more
bullsh foreign cables and increased ex-
port demand, The hot weather in the
west is responsible for a further shad-
ing in exuberant estimates of the corn
crop and for the slight Strengthening
in prices shown therein. The only
changes in the iron and steel situation
are in an upward direction as to prices.
Complaints of behind hand supplies and
scarcity of material are still made.
Work has in many instances, notably
in shipbuilding, been delayed by back
ward deliveries of steel. Some improve
ment in the position of anthracite coal
is reported and prices obtained at the
east are claimed to be nearer the scale,
while recent advances at the west are
maintained "
The production for August was fully
y per cent larger than in the same
month a year ago. Good demand has
evidently had the effect of strength
ening raw wool prices, which are firm
as a whole and slightly higher for the
finer grades. Crop damage reports have
been again the important feature in
cotton this week and prices are higher
as a result, in face of very heavy re-
ceipts at most southern points, claimed
to be due, however, to premature ripen-
Ing in some cases, Further strength
is to be noted in dairy products this
week. Early dry weather conditions
still affect butter prices, while good for
eign and home demand has strength
ened quotations in cheese.
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 positive
heavy crop the current season.
Wheat. including -four, shipments
for the aggregate, 1868, 432 bu, against
1881, 443 blu last week. S,200,2 0s blu in
the corresponding week of 1898: 5,461,
sos blu in 1897, S,7s9,14l blu in 1896 and
1900 bu in 1895
Since July / this season the exports
of wheat aggregate 37476.246 bu. against
1874, 800 blu last year and 34,3l2.752 blu
in 1S97-Ss.
Business failures for the week num-
Der only 1923 against 131 last week, 142
IN this week a year ago, 113 in 1897,
1903 in 1895 and 213 in 1895
Business failures in the Dominion of
Canada for the week number 81,
against % last week, II in this week
a year ago, 80 in 1897, Al in 1896 and %
in 1895.