Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1900-03-24

BradStreetS last weeks report saws:
Trade advices are as a whole cheerful
and the strength Of values is apparent
ly abated though some soft spots still
present themselves. A permanent fea-
ture the past week has been the in
crease in strength of values of farm
products and cotton advancing, while
materials for manufacture and the
products thereof have generally re-
NAMED steady or unchanged The
government report on the quality of
corn in farmers hands showed a small
er than expected supply and quite an
outbreak of speculative interest occur
red, sympathized in by wheat, and both
cereals reached the highest point tou-
ched on the crop of 1899. Liquidation
on the advance brought about some
reaction in prices, growing wheat crop
advices proving rather depressing as a
whole and the statistical position re-
naming as bearish. The close finds
quotations above those Of a week ago.
1t seems evident that the weather and
! the growing crops will constitute price
making features for some time to come
| Wool is fairly steady, but manufact-
urers are out of the market and conces-
sions can be obtained, though London
advices are better. Anthracite is low
er in keeping with advanced stage of
the season, while bituminous grades of
coal are firm. Though quiet the iron
and steel situation has developed a
rather more confident tone. Less is
heard about shaded quotations, though
on the other hand the volume of new
business has not been very large. Some
low grade pig iron has been moved by
concessions. By the taking of orders
for Bessemer pig at Pittsburg this week
the entire production for the first half
of the year in that district has been
placed. Southern iron advices are of
steady prices and of rather more in
quiry on export account.
Except Immediately in Chicago.
where the idleness of many thousands
of men has made for dullness In the
machinery and kindred trades, the
western iron situation seems a strong
one.
Manufacturers of shoes are busy and
weather conditions have rather favored
the retailer by enabling him to dispose
OF some carried-over stocks. Copper
has been stronger in tone; lead, owing
to large receipts, is firm, but slightly
lower than week ago.
Reports of coming building in rail
roads multiply, but it is possible that
false construction may be put on the re-
portc 0O0 iIac Of v,or, ,oo5 oro
projected. The heaviest mileage was
in 1887, when less than 1900 miles
were constructed, and it is of course
safe to say that not as large a to-
tai will be built this year as is reported
projected, more particularly new rail-
road building will be largely a matter
of extension Of existing lines, rather
than the building of new roads. Struc-
tural material is in better request and
some very large contracts will shortly
be placed.
Wheat (including flour) shipments
for the past week aggregate 2,277,450
bushels, against 4,280,758 bushels last
week, 4,114,046 bushels in the CORES
ponding week of 1899; 3,678,056 bush
els in 1898; 1,629,434 bushels in 1897,
and 1,392,123 bushels in 1896. Since
July l, this season, the exports of
wheat aggregate 141 ,206,936 BUSH
against 175,225,,741 bushels last year,
and 2,620,750 bushels in 1898.
Business failures in the United States
for the week numbered 100, as compar-
ed with 1879 last week, 205 in this week
a year ago, 233 in 1898, 233 in 1897 and
300 In 1896. Business failures in Can
ada for the week number %, as COM
pared with 80 last week, 81 IN this week
a year ago, 20 in 1898. SO In 1897. and 40
In 1896.