The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-07-14
IMPROVEMENT IN TRADE
is BECOMING VISIBLE.
BRIGHT WESTERN CROP OFT
LOOK HELPS USiNESS.
Rock Bottom Prices Believed to
Have Been Reached in Iron
and Steel.

New York. JuIy I2.-Bradstreet's ;o-mor-
row will say:
while trade IS still only Of moderate
volume the beginning of improv' ment in
demand is becoming visible. The i'm
| rrovcment is still one o. tone rather than
of demand. but. with yield al 5icooa,0p
| bu. OF wheat. a next to record-hrcakiIS
| yield of corn and a very large production
! Of oats. the Western crop situation con-
sains many encouraging features. The
q Southern cotton crop has undo-btcdiy suf-
: fered and the condition is unprecedentediy
low Tor this season Of the ycar.bu, the acre
age planted was large one and prices are
SO much hishe- that a satisfactory finan-
, cial return is confidently looked for. In ad-
dition. railroad earnings point t" the MAIN
tenance OF the business of the country at a
volume in excess Of last year.
The effort of the big iron and steel con-
Germs to control prices. if really made. has
proven abor,ive. and another Who'll sale
slashinE If quotations IS to be reported this
week. Production. however. is failing off,
and increases of furnace stocks. though
considerable will seem small if renewed
activity occurs.
Cotton and Cotton Goods.
1t Is hard 10 See how lower prices can
be expected. and IL is stated that present
quotations ar drawing some busin s., par
tiCu!driy at Chicago.
The situation IN cotton goods is an 'n
ccurdSirs one lor th.. manufacturers. Raw
cotton toid crop, this week reached the
highest price III ten years, but nothing like
a rropnrtionate advance Is b ing secured in
many finished products. Export trade with
China has been checked, several mills have
been shut down and shor, time during the
h.1.4
by the Fan River print cloth mills.
"A rather better tone is noted In the dry
goods market a. New York. with symptoms
Of expanding demand. chiefly. however. for
s"dSuhabie goods. Concessions III prices
have induced rather freer buying Of wool
ut some ccnters. and the tone of the Lon
don sales Is iirmer. but the goods market
shows little animation.
The industrial situation is rather better
as result OF agreements upon wages by a
number of iron and steel manufacturing
concerns and their employees. Lower prices
Tor lumber are apparently inducing more
activity in building. though how much is
due 10 this or how much TO the settlement
of labor disturbances. is hard to measure.
heat and Corn.
Wheat. including flour. shipments for the
week. agsreEate,i 2.s2s.9l0 bushels. against
AOlS,SS2 bushels last week, 3.26SSl5 bushels IN
she corresponding week OF 1899, 29le.S2.
bushels in 1898. l.52;.092 bushels In 1891, and
a96l, si9 bushels i'm 1886 From July TO
date this season. wheat exports were $685.
Ti2 bushels against .022. 1o7 bushels last sea-
son. and 5,GS9. iGy bJAhels I'm 1883.
Corn exports for the week aggregate H.
oee1sS bushels. against 3.sii.2g2 bushels last
week. 1852 bushels in this week year
ago. 2O22.2is bushels in 1895. 3,5i0 bushels
in 1897. and I.lle.2.l bushels in 1895. From
July TO date. this season. corn exports
are ..6s6.362 bushels against $3.50 $50 last
season, and 5.235. 80 bushels in 1889
Business failures in the United States
for the week number 221 as compared with
li6 last week. Ia in this week year ago.
23s I'm 1sts. 2il In 1887. and 80 in 1896.
business failures in the United States
for the week number 22l. as compared with
l;s last week. la in this week year ago,
2S In 1898. 2il in 1897, and pa in 1895.
business failures in the Dominion Of
Canada for the week number -. as COM
pared with . last week. g in week year
ago. IS in '9S. 50 in 30. and 80 in So