The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-08-31
THE WEEK IN TRADE
IMPROVEMENT IN GENERAL BUSI-
NESS IS THE CONSENSUS OF RE-
PORTS FROM ALL SECTIONS
JoBBING TRADE EXCELLENT
Crop Prospects Have Steadily I'm
proved During August, and the
Effects of the Strike Have
Been Largely Local.

NEW YORK, Aug. 3l-R. G. Dun &
Co.'S weekly review of trade tomorrow
will say:
Even in cotton goods which have been
! the slowest to respond to the vigorous
| tone of domestic trade, the past week has
brought distinctive Improvement Pr s.
| sure at Fall River being removed, the
print cloth market became strong, while
in the bleached goods division the gains
We're still more pronounced. In some
cases the only drawback is the lack Of
available supplies for immediate de-
livery. Such evidences of better things
in the market for goods naturally gave
a t1rmer tone to the raw material, which
was further supported by the unsatisfac-
tory weather in Texas.
Against losses by drought in the largest
state, there is compensation in the great
ly increased acreage throughout the en-
tire cotton belt but an advance of SO a
bale since the advance b. gan does not
appear unreasonable. The crop year ends
With visible supply close to 1000, 900
oaIes, by no means the severe scarcity es-
timated earlier in the season but a
still more depressing fact is the decrease
| in takings by Northern sptnners of about
zep,t00 bales, as compared with the aver
| age OF the three preceding years.
| Somewhat lower quotations for wheat
eral tendency to increase es, fmates of
the crop far beyond the quantity indi-
Gated by official figures of condition. An
other weakening influence is the slight
decline of exports below the record
breaking movement In the first two
weeks of August. Shipments for the
week. however. We're still phenomenal
aggregating 6,307020 bushels, compared
with 2SO4,567 last year and 3.179917 in
1888 moreover, tbs ga n occurred despite
the interruption to shipments from the
Pacific coast by the strike of grain
handlers. These figures of exports omit
the movement from Canadian points.
usually included in other reports.
With a yield of 50.0OJ,00O bushels In
Manitoba these shipments from the Do
minton are falling little short of LOCO OOo
weekly. Corn is stubbornIy firm. though
-Atlantic exports for the week were but
$4,000 bushels, against 1885, 1853 a year
ago and 4,0lS,6O5 in 1899, while Western re-
ceipts were 3,424,SS6 bushels, compared
with 2l23,Sl7 last year. Indicating that
farmers are content to market their sur
plus at current prices"
august opened with the commercial sl1v
overcast by storm clouds that threatened
serious injury to the steel industry, while
drought in the Southwest aroused nessi-
MYSTIC predictions that business was on
Ihe verge of severe setback Thousands
OF IDLE strikers, together with a profit
!eSS season IN agricultural regions, meant
!nactiVity IN manufacturing, trade and
'i"liepoi atioh according to the prophets
OF evil instead of these calanritous con-
ditions, however, the month ends uitb -
horlzon that is almost clear. and each
DAY resumption of work at an idle nil
ddus TO the productive CAPACITY while
cdhceIed orders for merchandise from
dea.e in the drought section are ranidI1y
ieliStated. After many years of steadily
Increasing prosperity, the farming pom
uIatlon can face moderate losses with
eq0'nliiiity. Jobbers and manufacturers
leport mat orders for fall goods have
any previous year, with notice
aoIe demand for the better grades and
. there is a definite measure of active trad
IN bank exchange at this civ "a nor
cent larger than in the same weel, 10 Ct
year and 2O.5 above 1898, while at Other
reading cities the increase is. 36 and o5
per cent respectively. Although scarcitv
Vi Irelght cars holds back a large TON
mage railway earnings thus far reported
Ior august show gain of 12.1 per cent
over last year and 2S6 over 1899
Quolatlons OF steel products are still
-ioliiii@i owing to the difficulty expert
! ehceu In securing prompt delivery II
! is estimated that not more +bop On -,
Lenl Oh the steel companies capacity ha,
oeen stopped by the strike, and this nro-
| portion daily decreases. p y
consumers of tin plate have secured
! supplies abroad, so that their work is NOT
I'd baoly handicapped and while it is TO
oe oeplored that American CAPITAL ana
wage earners will lose the profits Of tbis
BUSINESS 1t is fortunate that other in
oSSriies are not disturbed Foot wear
shops continue in splendid position and
Ihe demand for leather is large and well we'll
imn ,n5ained prices Hides are sharing the
t tit,i oNe.iient with higher prices and ac
IlVlty at the West Wooden mills aro
crowded with orders, even the s@a1ieT
concerns participating, and the wool
| abroad WEAKNESS
Both raw rubber ard silk are strong
bearing witness to the better conditions
in these industries Luis
~, + aIlures for the week numbered POP in
ne United ., States, against 175 last wear
ana Il IN Canada, against 10 last wear,
BanA CIearings.