The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-02-10
STRENGTH OF ST lPLES
THE MARKETS, SAYS BRAD
STREETS REVIEW
WEATHER CONDITIONS POOR

AI"uS VI the COuntry-C0xn Is
Higher and Market stronger-Iron
Prices Have Varied Considerably
Business Failures Somewhat
More Numerous Than Last Week.
NEW YORK, Feb. s.-Bradstreet,s to-
morrow will say:
The strength of staples, and particu-
larly those of agricultural origin, is the
leading feature this week. as last In gen
eral trade weather conditions have not IA
Vefed large distribution, but COMPARE
sons with year ago are still quite IA
vorable. Enlarged speculation is reflected
In increased clearings, and compariso ns
with last year are again encouraging,
Wniie gains over years previous to 1899
are very marked. In strength of demand
ana size OF advance, cottons are still
easily hrst. Although the crop movement
mas notlceably enlarged, so active has
peen the demand from foreign spinners
that fully three-eighths of a cent advance
is shown. The strength of the raw prod
uct naturally effects manufactured goods,
Whlch are very firm and in good demand
from Jobbers. Recent rains have increas-
ed the supply of water, and New Eng
land mills are now running to their full
est capacity. Southern manufacturers are
very BUSY, and will use ene-sixth of the
South's total Gotten production this sea-
son.
Corn is higher, partly in sympathy
with wheat, but also on reports of dam
age to the Argentine crop by heat Pro-
visions have bfay, e,Ilita ,.cpor
out the week and active demand is re-
sponslble for higher prices in pork and
lard. in the face of larger receipts of
hogs at primary markets
The strength Of the raw sugar posi-
ton has been further increased this
week by bullish reports from European
beet markets, and the expectation that
receipts of cane sugars are apt to be
light In the future. Refined grades have
been strong, partly owing to the strength
OF raWs and partly to the shutting down
OF a number of refineries. Coffee steadily
advances, the result of continued small
crop reports from Brazil and of good
consumptive demand here
Hides and leather are firmly maintain
ed, though reports from the boot and
shoe trade of current business are rot
very good. Fine grades of wool are quiet,
medium grades and quarter bloods sci,
better, considerable imported wool having
changed hands in Eastern markets Re-
ports from the wool trade continue favor
able to high degree and firm or higher
prices are regarded as certainty for the
future.
"unfavorab,e weather has affected dis
trfbuuon In most sections this week, but
mail orders have been of fair size, and
the spring outlook continues unimpaired
II on prices vary with the market re-
porting, but no widespread weakness is
yet noted. Some concessions, notably by
prominent Southern furnace, are report
ed at Birmingham. Some export business
IS reported done at a shading by an
Eastern furnace. Strength Of quotations.
IN fact, grows as the interior Is approach
ed, the most firmness being noted at Chi
cago. Any further reaction in Southern
pig prices Is expected to develop a good
export demand, the margin Of price diff
ferences how being very small. A fur
Their gainfin b,ast furnace capacity is not
ed current production is now little below
f6, 0e0,00e yearly, and some Increase in
stock is shown.
considerable business could be done
at the West in rails at a concession of
SIG per ton, but the active buying of old
rails is taken to mean that no weak
Ing will occur Steel Plates have again
lost the strength displayed some weeks
| since. Copper is steady and tin is again
higher on a speculative advance in Lon
| don.
wheat, including flour shipments for
| the week aggregate 2,902,3 bushe s,
against 2, ,937 bushels last week, $3.50 so
bushels in the corresponding week of 1899,
| 3,419,504 pusheIs in 1898. 2,051 345 bushels in
| 1897 and 2,71S,391 bushels in 1885, Since
! July this season the exports of wheat
aggregate 123M2.s22 bushels, against 1885,
599 $50 bushels last year and LEA, SIS, 537
buhses in 1898. Corn exports for the
week aggregate a, 900 bushels, against
! $685. bushels last week, $3.50. 622 BUSH
els in this week year ago, 4,50S.0
bushels in 1888, 1853 274 bushels in 1897 and
3f4 bushels in 1896. Since July 1 this
| season corn. experts aggregate 132,6O6 TIA
| bushels, against 1QS. 279,2 76 bushels during
the same period year ago and 05,506 ,6n
| bushels in 1898.
Business failures in the United States
| for the week number 231, as compared
| with III last week, 1873 in this week
year ago, 27S in 1898, 301 In 1887 and 3S1 In
1886. Canadian failures fer the week num-
Der %, as compared with 81 last week, 80
| in this week a year ago, 81 in 1888, 81 in
| 1857 and 70 In 1885,