The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-07-07
LITTLE TO COMPLAIN OF
BRADSTREET,S SUMMING IT'D or
BUSINESS OUTLOOK FOR
THE WEEK
IT is THE SEASON OF DULLNEss
Nothing In Conditions Existing
That VIII Bring Comfort to Pes
slmists-IrOn and Steel Man
Ufactures Rather Dull.

NEW YORK. July 6-Bradstreets to-
morrow viii say:
business is usually dull at this sea-
son. and this year is no exception to the
general rule. A review of the last six
months, however, gives little comfort to
pesslmlsts. Bank clearings, it Is true
are smaller by about il per cent tbop
ihey were in the first half of 1899. but
railway earnings are about 10 per cent
larger and business failures. as renorted
10 Bradstreets, are the fewest leported
Tor eighteen years back, with liabilities
OF railing traders the smallest with one
exception, and that last year, since 1892
winter wheat has about all been har-
vested In the Southwest, and the yield
mere mas peon very large. Copious rain
IN the Northwest, too; has apparently
worked some Improvement, judging from
the more cheerful tone of adyices re-
ceived thence this week
Raw cotton has been rather irregular
TINS week. Some Improvement in cron
adVlces Is TO be noted, but the main in
terest centers in the efforts of the over
Grown shortage to cover on the old crop
ueHVerles Wool is dull, and manufac-
turers are supplying only actual wants.
IIlceS are at the lowest point reached
liils season in sympathy with the lower
opening OF the July wool sale at London
where finer grades are relatively weak.
IN manufacturing lines lullness and
weakness are most marked in products
OF IRON and steel Talk of an effort by
Inc great combinations to control prices
in the latter industry is heard. bu4 in
the almost total lack of new business the
bdSlc material. pig iron, weakens stead
liy' with some authorities predicting %
per cent reduction from present purely
nominal prices, which are not attracting
buyers ---9
The situation in boots and shoes and
It's allied industries is one of quiet. mend
ing Developments
Inc settlement of labor troubles Is re-
Eected in the better demand for building
materials at affected centers, while rains
IN the Northwest have allowed white
pine manufacturers to open their works
ana give employment to many thousands
oil men. Southern pine prices are weak
and the market for that material is very
dull.
Anthracite coal has. advanced 25 cents
q ton, and while the demand has NOT
increased heavily, the feeling in that
trade Is rather more cheerful Sugar has
bcen marked up again this week. coffee
Is higher, while tea holds the full adj
vance scored on the outbreak of the Chi
nese troubles
Wheat, including flour. shipments for
Inc week aggregate 3,0lSS32 bushels
against 3,1S4 IA Bushels last week 3.75S
bushels in the corresponding week Of
1879, 2,I2S,G42 bushels in 1883 2JO2 6O6 bush
els in 1857, and 2l67O76 bushels in 1896
Corn for the week aggregates 3,614.29l
bushels, against 4,0O0,654 bushels last
week. S'75S,972 bushels in this week
year ago, 2,72S,642 bushels in 1898, 2,5O2, Cos
bushels in 1887 and 2,16707S bushels in
Business failures in the United Stat 8
for the week Number l46. as comma rod
with 1S5 last week, I36 in this veak a
year ago, 241 in 1898. 21S in 1887. and 219 in
1896, Business failures in Canada number
20 as compared with is last week. -25 in
ms week year ago, Is in 1898, "a in 1897,
and % in 1896"