Evening journal., 1900-07-21
WEEKLY TRADE REVIEW
Bra dstroet's saYs.


Improved crop conditions furnish the
keynote of the trade and price move
ment. As a result of them, nearly all
staple agricultural products are lower
in price, and, al the same time, a per-
ceptlble livening up of demand for Fall
delivery is noted at the West North
west and South. The beginning of Fall
trade is consequently more clearly vlsi-
BILE In the sections mentioned, while AT
the East the markets are slower to ex-
perience this improvement. and are.
consequently, seasonably dull. Bank
cloarings as yet fail 10 reflect any per-
ceptible improvement in distribution
and railway earnings, though of large
volume, are, owing to comparisons be-
ing made with exceptionally good ne
suits last year, showing less notable
Increase, beth In gross and net returns
Increased cost of repairs, betterments
fuel and wages are unitedly responsible
fer this latter feature. because gross
receipts for latest periods reported
show continued, though small. gains
The feature of the week in the grain
market was a slump in corn prices OF
quite cents per bushel. caused by the
arrival OF needed copiOus rains in the
secticn west of the Missouri river. Al
though some dry weather damage is
conceded. all the cream has not been
lost because the general feeling is thai
the corn prospect is still for the mex
to the largest crop ever gathered. A
special feature i'm this connection i.
the export demand has been good as foi
long time past. Hog products hav,
gone lower with corn. as has alsC
wheat in which continued liquidation
has been Noted, with the result of in
ducing a partial return OF the expor
/ inquiry, banished from the market b,
the recent heavy rise. On the basis o
a crop OF $50 900 600 bushels total crop
the outlook is that an export OF 1872.
600, 900 to 100000 bushels will b
possible without reducing visible anl
farm supplies materially from the to
tails estimated held on July 1.
Iron and steel prices are evidentl
u scraping ON bottom II reports fror
b leading centres of cost of raw materia
and wages are correct. Anthracite Goa
is steady. and confidence in futur
prices is notable. The textile siuatiO
is a mixed one. Present prices for ra'
cotton and finished material do nc
7 harmonize Chinese troubles hav
E checked export trade i'm brown cOttonl
s and a Summer shutdown of mills Pre-
! ducing these goods and print cloths
looked for. Gross and net earnings {
d 100 railroads i'm May aggregate SSH
1913 and S23,5SS.6l respectively. a gai
of 1t.9 In gross, but of only 10 p,
G cent in net For the second week
e July gross receipts of fifty roads wi
4 aggregate S6,4i4.1S7. a gain of 6.5 p'
= cent over "A year ago. Bank clearing
for the week aggregate $l,470, ,9S5,523
IL decrease Of g per cent. from last We,
is and Of 1876 per cent from this week
lr year ago, but a gain of 276 per Ger
10 ever 1898. of "a per cent over 1897,
D. so per cent over 1896, and Of 81 y
"a cent over 1894.
10 r. C. Dun & Co.'S weekly review
- trade to-day says:
NJ The midsummer vacation has alrea
os disposed OF the prophets who gave
- "a week or two" but there are a Il
H. signs to Indicate its probable duratig
e. The compact of lake ore producers 4
TO sen standard Bessemer ore bell
$50 nj lower lake ports this year. vi
d. coke held at $3.50, much lessons |
r. probability that the market will W
IN for Bessemer pig 20 go far below s
and some Increased buying already
H. pears by makers Of implements. not
or yet il season contracts. but enough
ir- sive hope. Not much beyond watt