The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-03-10
BUSINESS IMPROVES
BRADSTREET'S SUMMING UP OF
THE TRADE SITUATION FOR
THE WEEK
WHEAT MOVEMENT rs HEAVY

Wool Is Rather Weaker, Following
the Drop I'm Prices at the London
SaIe-Wheat Prices Advanced
Squirt in COttOn-IrOn and Steel
Stocks Are Larger.
NEW YORK. March 9.-Bradstreet's to-
morrow will say:
Relieved from the hampering effects
OF stormy weather, general trade distri-
button has shown a tendency to expand
this week Prices of many staples are
firmer or higher, and generally there is
a better tone than noted for some weeks
past Easily holding first rank in the
matter of speculative activity. cotton
early In the week touched the highest
level, not only for the present season,
but for at least six years past. A sharp
break, due to realizing, has brought the
level down again, however, to a point
where new buying by sold-out bulls is
invited. The crop movement continues
quite heavy, Notwithstanding adVices
that there is no more cotton left at the
South. 1t is to be noted, however, that
the heaviest proporuOnate decline in
prices from the highest was in future
quotation, and the close finds spot cot
ton fully as high as a week ago. Print
cloths, and in fact all classes of manu-
featured cotton, have sympathiZed in the
strong tone of the raw staple, and the
first mentioned product reached SIC this
week, the highest point for several years
past. Complaints of backward deliveries
OF cotton goods continue, pointing to the
urgent demand for supplies, a source of
present strength in manufactured goods.
wool is rather weaker. following the
drop in prices at the London sale and the
rather slower demand from American
manufacturers, who, being apparently
well supplied for the present, are con-
tent to let the raw staple take care of it
self, while obtaining a good market and
fair prices for the manufactured product.
"By another of the short swings which
have distinguished wheat prices for
long time past quotations have been ad-
Vanced this week from the low level
touched some time ago, partly as the
result of less favorable reports from the
winter-soWn crops in the several West
ern states and because Of apparent I'M
willingness of country holders to follow
the market down. The checking of in
terror receipts has apparently been suf-
1lcient to arrow Of the steady demand
for wheat and flour and, in lesser de-
gree, corn to be reflected in flowing
stocks. Other staples also showing re-
actions from the late reactions are lard,
coffee, butter and cheese.
Among staples showing declines this
WSSh LilSHI
sugar, which is lower both for raw and
refined grades. Boot and shoe manu-
facturers are actively employed and leath-
er is firm, but hides are weaker or lower
at most markets. Building materials
are firm, except at cities where labor
troubles are apprehended
despite a rather smaller production
in force, due partly to disturbances grow
ing out of weather conditions, stocks of
some classes Of pig iron are larger, but
no appreciable effect appears to be ex-
ercised upon prices.
Wheat, including flour shipments for
the week, aggregate 2,590,0 900 blu, against
1858, 1897 bu last week, 4,39S,821 bu in the
corresponding week of 1899, ABA 61 blu
in 1898, ,5S2 bu in 1897 and 2,401 209 bu
in 1856. Since July this season the ex-
ports Of wheat aggregate 13S,579386 bu
against 113, Ill, 955 blu iast year and 1885,
491, SIS bu in 1898. Corn exports for the
week aggregate 2,1SISA bu, against s.
353, $40 blu last week, o,736, 5S6 blu in this
week year ago. $3.50, 056 bu in 1898, s.
31O515 bu in 1897 and 1,7OS,678 bu in
1896. Since July 1 this season corn ex-
ports aggregate 145 ia, S38 blu, against
117,242 ,6N blu during the same period a
year ago and 122, $50, 795 blu in 1898.
Business failures in the United States
for the week number 1S9, against 173
last week, III in this week. a year ago.
247 in 1898, 227 in 1897 and Esq in 1896. Bus
mess failures in the Dominion of Canada
for the week number SO, against 20 last
week, 81 in this week. a year ago, 81 in
1898, So in 1897 and So in 1896"