The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-09-23
NO CAUSE FOR ALARM
BRADSTREET,s SUMMING UP OF
THE TRADE OUTLOOK is HIGH
LY ENCOURAGING
PRICES RETAIN STRENGTH
Strikes Have Interfered With the
Movement of Certain Lines, but
on the Whole Trade Has Heen Sat
isfactory for the Week - Steady
Demand fer Export Continues
Misunderstanding Returns Favorable

NEW YORK. Sept 22-Bradstreet's to-
morrow will say: Satisfactory trade and
price conditions apparently still reign.
SO few, In fact, are the reports of poor
trade that favorable reports may be said
to be almost unanimous. An expanded
volume of fall trade is indicated by the
aggregate of bank clearings for the week,
though reports from some markets point
to the greatest rush being over. Prices,
as rule, maintain all their former
strength, decreases being few and rela-
lively unimportant. In several lines, no
tably the cereals, cotton, petroleum, iron
and steel, the tendency is favorable to-
ward higher levels. Cotton has been no
tabIy strong and active. Short crop esti-
mates are becoming more generally cur
rent, and bearish estimates of maximum
yields have been practically discarded,
more especially as it Is claimed that
agents Of English spinners are heavy
buyers at the South, and domestic manu-
featuring conditions are known to be in
high degree favorable
Steady demand for export, and conf
dence in all Of the years crop being
needed, have proved stimulating, in the
face of heavy receipts and admittedly
large present supplies Possibility of war
in the Transvaal has been an additional
strengthening feature.
Most lines of manufacturing return
strikingly good reports, notable in this
respect being cotton and wooden goods.
Wool is higher at London, and sympa-
tneucally strong here, and expectations
OF good export trade for fine grades of
ooneSuc are entertained. The coal trade
REJECTS weather and trade conditions in
stlli further improved demand, and pre-
dictlons are of further advances later in
the season. The demand for lumber,
though lnterfered with by strikes at a
NUMBER OF markets, is reported very
strong.
Wheat, including -four, shipments for
the week aggregate O,765 bushels,
against 1886, 552 bushels last week, 5,224,-
VIZ bushels in the corresponding week of
1898; 5,7OS,S25 bushels in 1897 1880, 466
bushels in 1898, and 3,151, 9O7 bushels in
lSs5. Since July 1 this season the ex-
ports Of wheat aggregate 46, 6lS, $50 bushels,
against Al, 464,013 bushels last wear. and
5O,3l0,525 bushels in 1897 and 1897. Corn
exports for the week aggregate 1874. 965
ousnels, against 3,282,751 bushels last
week; 269o, 2O2 bushels in this week a year
ago: 4,0z2,142 bushels in 1887; 26iO, 479
bushels in 1895, and 1850, 1926 bushels in
1885 Since July / this season corn ex-
ports aggregate 3d. 155, 52S bushels, against
S5,5f5,l62 during the same period a year
ago, and 38,3S9,s91 bushels in 1897 and 1898.
business failures for the week number
49, as compared with 149 last week, 1872
IN this week a year ago. 237 in 1897, 321 in
1880 ana l9o IN 1855. Business failures for
the week IN the Dominion of Canada
number thirteen, as against twentv-four
last week, nineteen in this weak a wear
ago, thirty-five in 1897 thirty-four in 1896
and thirty-five in 1895