Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1900-01-12
TRADE REVIEW.
The Situation ms Viewed by Two
Leading Commercial
Agencies.

| New York, Jan. 8.-Bradstreet's says:
this week pending the results of annual
THE business world has marked time
stock-takings and the passing away of the
holiday influences which usually make for
quietness at this period. Aside from the
strengthening of values of number Of
staples, such as the cereals, provisions
and cotton which are speculatively dealt
IN, there has been no decided movement
| forward, but, on the other hand, the
strength of all other staple values point to
there having been no backward steps
taken Perhaps the most notable move
nent among leading staples is that devel-
oped In hogs and hog products, better
realization apparently being had of the
features making for strength in those
products, notably among which being the
reduction In the supply of hogs, which.
IKE the similar falling off in the number
Oh cattle. has gone on for number of years
past. That the advance in hog prod
ucts Is beginning to attract more attention
seems evident from the extent to which
ms advance has had sympathetic reflec-
tlon IN the prices of wheat and other
cereals. which really trace some of the
strength which has been shown this week
70 that source. While stocks of wheat have
fallen off in Europe and shipments
thereto IN December were the lightest re-
corded Tor many years past, still stocks
nave increased In this country to nearly
as great an extent. In iron and steel quiet
strength has, as for many weeks past,
been the notable feature. A rather more
aggressive feeling is noted at Chicago,
where wire and nails have been consider
ably advanced, and bar steel, angles and
channels have also moved upward. With
the country's production sold ahead as
heavily as 1t is there is naturally little or
no immediate new business Offering
r. g. Dun & Co., in their weekly review
of trade, say: Failures in 1899 were &. 1893
In number, with liabilities of sl23 1872, 67s
The last days Of the year added few to
the number and some millions to the known
liabilities of firms and banks which
defaults reached s90,S79,SS9, Of which $780,
792,!64 were In manufacturing s4S,924771 in
trading, and s11,162,954 in brokerage pro-
noting and other commercial liabilities
Most people in business nave been so
occupied with the accounts and the settle
ments of the past year that little new busi-
ness mas vet been done. No new tendency
less change than was anticipated In money
markets. There is nothing unsound in
the business of the great industries.
but an extensive revision of prices may dis
appoint expectations.
wheat still moves very sluggishly, with
small change in prices. In six months of
the crop year about 99.000000 bushels, flour
included, have been exported against 1873
00O, 900 last year. Atlantic exports have now
fallen to only 2,O60,s26 bushels for the week,
against 5.214,420 last year, and Pacific ex.
ports were 531, 225, against 614,S33 last wear.
The price is practically unchanged, as also
for corn, of which 3,923,195 bushels have
been exported for the week, against 3,572,.
4l2 last year.
Failures for the week have been 273 In
the United States against 243 last year, and
20 IN Canada against "a las vearn