The age-herald., 1901-08-24
GENERAL REVIEW
 IF WEEKS TRADE
Tide Has Turned and Business
 Aspect is Bright
IRON AND STEEL IN DEMAND
The Market, According to 5radstreet, Shows Little Accession to the Strikers-WhiIe Dun Says
 There's Much Hesitancy.

New York, August 2s.-Bradstreet's to- morrow will say:
 Evidences multiply that the tide of trade has turned and that 1t is now set ting strongly in the direction of an en- larged business at steady or higher prices.
 crop improvement, particularly in the Central West and the Mississippi val leys, has been the main spring of the more cheerful tone of advices and en- larged fall trade operations at such cities as Chicago. St. Louis and Kansas City. Even from the so-called drouth-stricken corn belt come advices of quite satis- factory business, In some instances re- ports being of larger jobbing trade than in the corresponding period year ago. | The notable strength of cotton, partly,
 however, is the result of real or assum-
 ed crop damage. and has been the active
 feature in the betterment of Southern
 trade advices. At the great Eastern cen
 ters distribution is going forward in as
 good if not better volume than a year ago.
 Prices, except for some irreguarity in | the cereals have been generally quite steady. Wheat was weak early on in
 creased supplies afioat, enlarged receipts at the Northwest and technical market conditions favoring a decline, but strengthened later on continued poor crop reports from abroad, fairly large clearances. although not equal to last
 week, and confidence in present or higher
 prices being maintained. Corn has sym l Wh Eap I'm
 on its own account on better crop advices from the states east of the Mississippi
 where timely rains have fallen. Net
 changes for the week are slight Some
 hog. products, particularly lard, have l sympathized with the strength of corn.
 Cotton goods have been rather irregular
 but 1t is to be noted that talk of re- duction In wages and a consequent strike
 in Fall River has been practically abon- doned, and the close of the week finds 1 print cloths firmly held, while other cot l tons are quite steady though not active l at first hands.
 Wool and woolen goods are strong, the
 former on active buying by manufactur-
 CTS, and advices that the new clip In the | west has been pretty well cleaned up. 1 Boston and Philadelphia alike report ac- tivity in the raw material without, how l ever, any actual advance in prices. Woolen mills are fully employed on fall
 orders, while a liberal piece has been | booked for spring delivery.
 Iron and steel show little change, &C.,
 sessions to the strikers in the case of the
 leading tube works of the country hay
 ing been balanced by the reopening of
 stuck mills In the Pittsburg district.
 Tin plates and sheets are scarce and hard
 to get and an order for 10000 boxes at S7 l per box was refused this week at Pitts | burg. Chicago Iron and steel jobbers are l reported beseiged by buyers. Some west
 ern consumers may have to shut down if
 supplies are not shortly forthcoming. Bes- semer billets are very scarce at Pittsburg l and $25 is offered for the next two months'
 delivery. Pig iron prices could be shaded | if large order was offered. Building ma 1 terial Is quite active although the steel strike interferes with progress at some | centers. Lumber stocks are very general | ly small and full prices are obtained for | desirable lots Sugar is lower and rather | irregular, but the decline in this product l and in flour and tin are the only impor-
 tant decreases noted for the week. | Leather and kindred trades are active
 at most markets. Shoe machinery Is fully | employed on full ordrs and sample or 1 ders for spring delivery are coming in | freely.
 Wheat, including flour exports for the | week aggregate 6,606, ,9S9 bushels, against | 9OSs,761 bushels last week( the record | total)
 l Business troubles show no increase, the 1 failures for the week numbering 162 as | against IFS last week, 135 in this week l year ago. 154 in 1899. 172 in 1898 and 210 | in 1897.
 Canadian failures for the week num- | bered A, as against 25 last week. in this week a year ago. g in 1899. 27 in 1898 and | 8 in 1897.