The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1899-07-18
BRADsTREET,S REPORT
Favorable News from All Branches o
Business-rhe Outlook Promising

New York, July 14.-Bradstreet's to-
morrow will say: News features in the
general trade situation this week are
of an almost uniformly favorable char
acter. So rare, indeed, are the dis
turbing and unsettling features as to
necessitate considerable search to To-
cate them. Additional statistics OF past
trade movements received are certainly
of an encouraging nature. foremost
among these being exceptionally good
railroad earnings returns for June and
the first half of the year and aScer-
tained totals of an enormous export
trade, practically equal to the phenom-
email business of the preceding fiscal
year. The record of railroad receiver
ships for the first half of the year
bears a striking resemblance to the list
Of business mortalitieS inaSmuch as
they are the smallest in number re-
ported since receiverships first became
prominent.
Among current new features might
be mentioned the quite favorable July
crop report of the agricultural DEPART
ment which, while confirming earlier
; advances OF a more moderate yield OF
winter wheat. and, therefore, of a
D.. smaller average crop than that gath
: cred last year point to a large acreage
in corn and conditions. which, If MAIN
| tanned, should easily result in a crop
in excess Of $500, 900, 900 bushels.
: Late unfavorable reports from Russia
| point to a still more pronounced di-
minuition of crop yields in that coun-
try this year. Official French crop es-
Inmates also have been Whitfield, and
! the outlook seems to favor the proba-
bility that Europe will buy nearly as
much wheat in America as it did in the
last fiscal year, when, it might be add
ed, exports exceeded the totals OF the
boom yea of 1898.
In industrial lines, the outlook is q
! promising one. The settlement OF the
coal miners strike in Pennsylvania and
Of the tinplate workers dispute bid
fair to resul. in nearly sc. 200 men re-
Stunning work after the summer shut
down. A number of wage increases are
also among h weeks Developments
! Iron blast furnace reports for July
LIST point to an unprecedented current
weekly production but available stocks
4, Of pig iron are down TO less than on6
weeks supply.
FRO several centerS OF industrial a C
tivity ome reports Of scarcity Of Ia
Dor, initiating against even more pros
! nounced activity.
Iron and steel, while rejecting the
summer Quietness to some extent in the
f: east, are quite active in demand in the
- NAA SNAS oOOA ooANo
from Chicago, with further price ad-
vances in structural material. Besse-
mel pig is now slightly o than
! double what il was one year ago. Re
ports are current that final arrange
ments for booking OF a large quantity
of foreign business has been closed.
The price situation is naturally a
strong one, wheat and coffee alone OF
all the prominent staples being lower
on the week and the former only frac-
tionally so, owing to large receipts a!
the west and TO the check to expor;
demand caused by reaction from the
price reached sometime ago.
Wheat, including -four, shipments
for the week aggregates 3,263,S1 bush
els. against 3,75s,9 72 bushels last week
2,910,S27 bushels in h corresponding
week of 1898, 1.522,09 bushels in 1897,
1865, 949 bushels in 1896 and 1852, So
bushels in 1895. Since July LIST, this
season, the exports Of wheat aggre.
gate 7,019, 7s7 bushels, against 5,S3s, ass
bushels last year and 4,024.6 93 bushels
in 1898.
Corn exports for the week aggregate
1853 39 bushels, against 400, IA bush.
els last week, 2,s22,s 4s bushels in thi.
week a a ago, 2.723 SO bushels fr
1897, 1,110,371 bushels IN 1896 and ss5'.
512 bushels in 1895. Since July 1st. thi.
season, corn exports aggregate $3.50.
$50 bushels, against $3.50, $50 bushel.
during the same period a year ago. anC
!, 456,227 bushels In 1898.
Business failures number ia. agains
13S last week, 23S in this week a yea,
ago. 247 in 1887, 255 in 1896 and ga A