The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1900-09-08
FAILURES ARE LESS.
Statement for August is the n"s'
This Yenr-Trade he'i'a'
seemb Near mt Hand.
New York. sept. e. 6. Doe 8 COO

New York. Sept. 1.-R. 6. Dun q 1o.s
weekly review Of trade says:
commercial failures during August were
,es IN n,,mber. with liabilities OF S,S-Ssls'
Man1fa curing were ia for sg?ib,6VI. trao,
ing SIG for 81 SIS. 65l, and other comm
20 Tor s7ge GO There were only two panhs'
with liabilities Of $4,000. This Is the pest
monthly statement for 1900 thus lar Dul
shows an increase over the correspoh"iNe
month In the two preceding years.
An important influence Of the week mas
haen favorable weather for Development
~ corn over the greater part OF the surplus
corn states. though heavy rains 10 the
spring wheat region have retarded mar nes'-
ing. The cotton movement is SLOW ana la.e'
but weather conditions average DETER ~
cept in the Carolinas. Price chanses az.
small. ,.or
"Steady Improvement is seen IN the iron
market IL is not marked by large az
vances but wherever change occurs II Is
in I right direction. II Is claimed by some
authorities that orders currently booked
aggregate more than present prou Lon
ana shipments. Special concessions 10 Sc
cure prospective business are "lthura Va
and buyers seek contracts for prompt oe-
livery. -
"Western stove manufacturers have been
buying freely, and more bridge Pulioefs
signed contracts for structural material
Merchant steel advanced on increasing Or
while domestic purchases OF cotton
ties were large, although rather late Nop-
per exports average ], 900 900 pounds per gay,
and the market IL In strong POSITION
"Failures for the week were l15 IN the
United States, against lil last year, and ~
in Canada. against 70 last year.
BraG street's review OF trace says:
.'Distributive trade that from jobbers
particularly. increases as the vacation sea-
son wanes Reports from leading western
centers are more favorable. ana large ae-
gregate of business in dry goods. clothing.
shoes, hats and hardware are features hot-
ed this week. The iron and steel trace TOO.
notes a decided gain in tone and volume OF
sales. though prices, except IN ie" IN
stances harden but slowly.
''Clearings. rejecting past business. ana
dormant speculation are small. but raLfodo
earnings, rejecting the really heavy actual
movement In consumption. maintain their
old gains. Relatively, the most quiet ana
least satisfactory conditions rule IN the
primary textile markets of the east, reflect
ing the backward state of next spring 5
business. Corn crop advices are viewed
as rather better. because Of the ending OF
the late dry. hot spell in the west Cotton
crop conditions are still, however. only par
TALLY defined, and leading state authorities
are quoted as predicting d short crop The
SteadinesS OF staple prices - 4 itdluIt N
the present CuietnesS Of trade.
In the volume Of business doing the iron
trade compares favOrably w.th recent
weeks and months, and the tone OF trade j.
certainly more cheerful than al any time
since the break last spring. Producers are
apparently SO anxious 10 have z supply ~
orders on hand This fall that they aTe rfac-
lily selling their production ahead az rela-
lively low quotations some OF these, IN
fact, being at bottom rates.