The Saint Paul globe., 1900-05-26
TRADE IS IN GOOD SHAPE
THAT IS THE ANNOUNCED CONCLU-
SION OF THE BRADSTREET
AGENCY
PRICES SOMEWHAT LOWER
Unsettled Conditions in Cotton and
Big Failure FeIt-CrOp Reports
Good, Except for Wheat
Groceries Improved.

NEW YORK, May .-Bradstreet's to-
morrow will say:
Trade is, if anything, quite satisfac-
tory, and prices are lower than a week
ago WhiIe efforts toward a readiustment
OF productive capacity to present con-
ol1ons are noted in several lines OF in
oustry, notably iron, and steel and lum-
Der Unsettled conditions in the cotton
trade and a large failure, due mainly
10 oVer-staylng the bull side Of this
staple, has tended to weaken quotations
In several lines of speculative husinees
rather better crop reports and the back
ward demand for cotton goods are, of
course, partly responsible for the sharp
oreak, but statistically the staple re-
mains very strong. Crop reports are. as
a whole, good, except for wheat AS re-
CARDS the latter, it may be said that in
the Northwest some much needed rains
have fallen, but the claim is made that
more moisture is needed Winter wheat
prospects In the southwest remain good
but foreign inquiry has been on a re-
duced scale. Practically the entire corn
crop has been planted under favorable
conditions, and reports from the oats
crop are likewise good, but slight shad-
Ing of quotations, due to backward ex-
port business, is to be reported for these
cereals. Hog products are also lower, and
the same is true of cheese, petroleum,
sides and leather, copper, and a number
of iron and steel products.
Perhaps the most favorable report for
the week as to distr1butive trade comes
from the grocery business, in which the
sharp advance in refined sugar, due it
is claimed, to the enhanced price of the
raw material and not to any settlement
of the trade war, has stimulated de-
mand in other lines, notably coffee,
which is also higher for the week Ad-
vices from the dry goods trade are Of
backward demand at retail affecting or
ders in many lines but cotton goods
production is still heavily sold ahead
aDd a marked decline in raw material
Will have to occur before much affect is
exercised upon finished products.
Wheat, including -four shipments for
the week aggregate 3,698,96S bushels
against 5,178,422 bushels last week, 81
1875, ,319 bushels in the corresponding week
Of 1899, 4,309,133 bushels in 1898, 2,OS1,326
bushels in 1897 and 2,O64,953 bushels in
1896. Since July LIST this season. the ex-
ports of wheat aggregate 1888, 456 bush
els against 20S, 469,309 bushels last year
and 210 S96, 969 bushels in 1S97-98 Corn ex-
ports for the week aggregate 1914 I4o
bushels against 3,437,994 bushels last week,
,S1S bushels in this week a year ago;
6,164, ,451 bushels in 1898; 21S5,93S bushels
in 1897 and 1,7209S3 bushels in 1896. Since
July 1st this season corn exports aggre-
gate 1S5, ,563, 345 bushels against 151,S78OS9
bushels during the same period year
ago and 75127,395 bushels in 1898.
Business failures for the week number
167 in the United States as compared
with 1876 last week, 15S in this week a
year ago; 2S1 in 1898; 257 in 1897 and 227
in 1896. In the Dominion of Canada bust
ness failures for the week number II
as compared with "a last week; in this
week a year ago; 1S in 1898; 20 in 1897 and
% in 1896"