The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1899-08-15
iBradslreet.s Report

New York, August 11.-BradstreeIs
will tomorrow say: Crop reports and
probabilities have constituted an i'm
portant contribution to general trade
and business adviceS this week. Among
the unquestionably favorable features
have been the reports regarding the
corn crop, government estimates point
ing to a yield of probably 200, 0O0, 600
bushels, a heavy increase over last
year and almost within touch of the
record total of 1896
Spring wheat indications, apparently,
bear out earlier trade advices, in show
ing a decrease in condition during Ju-
ly. The reduction of $4,000, 900 BUSH
els in the probable outcome estimates,
however, still allows Of a total wheat
crop of $50, OO0, 900 bushels, consider
ably smaller, it is true, than last years.
but with the exception of 1898 and 1891,
the heaviest recorded.
Cotton crop deterioration is iniicat-
ed by the government report. and
prices are &c higher on the week on a
decline of nearly 4 points over July and
of nearly II points as compared with
a year ago.. Visible supplies of cotton
are nearly 500, 900 bales larger than
at this time a year ago and are nearly
double what they were in 1897, but
against this is to be cited the gener-
ally profitable business in m~anufactur-
ing lines the world over, and the be-
lief that good spinning grades may be
scarce.
The iron and steel situation is par
ticularly interesting at presnt. Though
not specially active at eastern markets,
western advices are of heavy demand,
scarce supplies of material, high prices
and increasing volume of business
booked for next year. The July pro-
duction Of pig iron was the largest ever
known, but, in spite of this, stocks
showed a decrease, and current pro-
duction is easily at the rate Of Ia, 000,-
900 tons a ear
The annual railroad car famine is
apparently at hand, reports of INSULT
cient transportation facilities being par
ticularly prominent in the coke and
coal industries.
Hides, leather, boots and shoes are
sympathetically strong, and at a con-
vention of shoe manufacturers at Phil
adelphia this week a practical agree
ment to advance prices of the finished
product was reached.
40 hAhh oAA SANoNs
ing demand, particularly for the finer
grades of the domestic and advices
from the manufacturing industry are
generally favorable.
Lumber is firm, as is also sugar, for
which an unprecedented demand is
looked for during the current canning
season. The outlook in the canned
goods trade generally is reported a:
a very good one.
Business failures for the week in the
United States number 156, as compared
with 1856 last week, 155 a year ago ant
PA in 1897.
Wheat, including -four, shipment.
for the week aggregate 3,616,154 bush
els, against All, GA bushels last week
1928, COG bushels in the corresponding
week Of 1898; 4,460,519 bushels il
1897; 2,635,216 bushels in 1896 and l,
1923 bushels in 1895. Since July LIST
this season, the exports OF wheat aggre
gate 22,125, 06O bushels, against Is,
354, 1928 bushels last year and 16,115,54
bushels in 1898.
Corn exports for the week ~aggregat
$3.50, 361 bushels, against 5,027, 10
bushels last week, 3,517,952 bushels II
this week a year ago, 3,275,652 bushel
) in 1897, 2,367,53 5 bushels in 1896 an
| 944, SAG bushels i n 1895. Since July Is,
this season, corn exports aggregate &c,
995, 564 bushels, against 17,O32,34
, bushels during the same period a yea
ago and Is, 1876, 85S bushels in 1925