The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-05-27

No Cessation Is shown, Despite the
Market for manufactured Cotton
"a Good Second for That of Iron
and SteeI-WOOI Is Less Active
Crop Reports of Depressing Sort.
NEW YORK, May 26.-Bradstreet's on
tomorrow will say: Favorable features of
current trade STILL as for a long time
past. largely outnumber those of an OPP
posite' character. Wholesale distribution
is naturally less active as the season ad-
vanccs but comparisons with last year
|. are still very satisfactory. Much IS hoped
for from better weather conditions slim
ulating retail trde hitherto held in check
by the backward spring season. Industrial
activity is widespread, and the prices
OF most staples are either very firm or
tending upward. except in the cases Of
products affected by weather conditions.
That often relied upon barometer of gen.
eral business conditions the iron and
steel trade, reports increasing rather than
lessening activity, Notwithstanding the
approach of warm weather.
In some lines, in fact, the situation is
becoming rather excited. The pressure of
consumptive demand really seems likely
to either do away with entirely or shorten,
very appreciably the summer shutdown
period Features in this trade are heavy
buying by prominent interests in the
CeneI tai West, advances in prices of all
grades of pig iron. and many varieties
of the more finished products, and pre-
dictiens of still higher prices to come.
coupled with denials by leading interests
of the corner in the market for crude
pig. Indications are that the volume of
business now being done or offered is
far in advance of all previous records.
Export trade is feeling the check. due
not entirely to advancing prices, how
ever, but to actual inability to take new
business at any price.
The market for manufacture of cotton
Is good second to that of iron and steel,
strength being a feature in nearly all
branches. and number of advances be-
Ing registered for the week. The demand
for lumber, and there is talk of brick
manufacturers following examples set by
other trades and combining to restrain
the output Raw Sugar is firm, and the
opening of the fruit season gives con-
ndence in steady prices for the refined
article. Boots and shoes show heavy ship
mentS and hides and leather are firm in
eyer. not entirely without its drawbacks.
reports from winter wheat become in
creasingly unfaYorable and the outlook
points to total 100000 bushels smaller,
and spot and near futures are higher on
the week. Export trade in several lines
is smaller than of late, partly owing to
less urgent demand for our food supplies,
and partly to smaller shipments of manu-
featured goods. Wheat, including flour,
shipments for the week aggregate S,19S, 319
bushels. against 2.212,2O6 bushels last
week; 4,S09. 1873 bushels in the correspond
Ing week of 1898, 2OS1, 326 bushels in 1897,
2.O64.9l0 bushels in 1896. and SIT bushels
In 1885. Since July l, this season, the eX-
ports of wheat aggregate POS, 469, 1913
bushels. against 30. 96,S7S bushels last
year. Corn exports for the week aggre-
gate S,S45,S1S bushels, against 2,S53, Ala
bushels last week. 6,164,45 bushels in this
week a year ago. 2,185. 1913 bushels in 1897.
LEO S93 bushels in 1896, and 1,O4O, 4S2 bushels
In 1895. Since July l, this season, corn
exports aggregate 152, S7S, 039 bushels.
against a7b, 81, 5s4 bushels during the same
period a year. ago.. -s e,.*... 4.... -
Business failures for the week number
15S, as against 16S last week; 2S1 in this
week "a year ago, s257 in 1897, 227 in 1895,
and 1873 in 1895. Business failures In Cam
ada number %, as against IS last wee,
and In this week a year ago, 20 in 1897. %
In 1896 and Sc in 1895.