Evening journal., 1899-08-26
coNpIrIoN on TRApE.

OOlImtNlu5 ph Aht eOhultioh VI
trade during the pest week, Brad
streets says Strength in prices and
steadiness of demand are still the sa-
lient features OF the. trade situation.
Iron, steel and other metals, most OF
the cereals, leather and cotton goods
manifest upward tendencies as to
prices. other staples, with the excep-
tion of sugar and anthracite coal. re-
tail all their old firmness. FAN demand
is expanding at most markets, particu-
larly good reports being received
from the Northwest and that portion
OF the corn-growing country, which
this year seems likely to be notable
for surplus production. Aggressive
strength and firmness is noted in iron
and steel particularly at Central
Western markets. Consideration of
next years needs now seems to bel
the most prominent feature OF the
trade aside from complaints Of slow
deliveries on nearby orders. Fore
most In advancing is structural ma
terlal. which has moved up s. per
ton. closely followed by steel billets,
with an advance OF So, and steel rais
and nearly all grades Of pig iroR, with
smaller relative gains. other metals
show sympathetic strength, notable In
this respect being tin and lead. Among
the cereals wheat has been quite firm
all the week. partly owing to a Whit
Ting down Of Northwestern esti-
mates. but also due to a steady do
mand for the cash article alike on for
eign and domestic account. The rela-
tive scarcity of cash corn is responsi-
Bile for the advance shown this week,
in the face OF a concededly large pro-
duction.
A sudden cut in prices of renned SUI
gar has led to the impression that tho
sugar war will be reopened in all
its ferceness. Additionally strong fea-
lures in the general trade situation
are the active demand for lumber at
most markets at steady prices, and
the hrmness I'm the higher grades OF
wool, Notwithstanding less active buy
ing A supporting feature In this liet-
ter case, however. is the active demand
reported alike for mems and women s
wear woolens.
Conditions Of supply and demand
seem 10 be at the bottom Of the recent
rise I'm beef prices. This advance has
attracted increased receipts OF grass
fed cattle, and some shading OF quota
tlons Is noted, but Chicago prices have
only been equaled five times in TWEEN
ty-two years. There are nearly 10.
100000 less beef cattle in the countr.
than there were seven years ago, and
In fact. there are fewer cattle in thu
country now than in any year since
1892 Reflection OF the smaller suppl.
OF hides and OF the active demand TO
boots and shoes is found i'm highe
quotations for hemlock sole leather a
some markets. One OF the least sat
isfaetorily situated trades is that o
anthracite coal in which production
appears to have outstripped consump
ton again. and there is complaint O
price cutting.
Wheat including flour. shipment
for the week aggregate 3.sls,S25 bush
els, against 4.O4O,OO9 bushels las
week. s.56s.476 bushels in the corr,
spending week Of 1898, 5.li9.65 busl
els IN 1897. S.2Sl.S5 bushels in 1Ss
and 1871 ,92S bushels in 1895. Sin,
July / this season the exports OF whe,
aggregate 20.sos.s94 bushels, again
25,soe652. bushels last year, and 2G
5s2.9s9 bushels in lS97-9s Corn e,
ports for the week aggregate 4,596, o,
bushels, against 5.5Sl .405 bushels Ia
week 2,64S,s3S bushels in this week
year ago. 2,6S2.45 bushels in lSs
2,6l0,209 bushels in 1896, and 1.124.5
bushels in 1895 Since July / this Sc
son corn exports aggregated 37,12S.0 o
bushels, against 22.S7729S bushs
during the same period year as
and 22.S4S,295 bushels in 1Ss7-9S."