The age-herald., 1901-07-27
WEEKLY REVIEW IF GENERAL TRADE Hot and Dry Weather Has Been Leading Question Discussed BRAOSTREET'S AND DUN'S Steel Strike Is Not of as Great Import ance as It Was Week Aeo-lt
 Is Believed Work VIII Re-
 sume Soon.
BRAOSTREE1'S AND DUN'S

New York. July 26.-Bradstreet's will say tomorrow:
 Hot and dry weather in the great sur. plus grain-producing regions west of the Mississippi river has furnished the lead ing topic of trade and speculative dis clrssfon this week. Cereal prices quickly respond to the flood of mad reports, and stocks were correspondingly weak, but good ratns fin the spring wheat and north ern corn belt later on caused reverse movements and the growth of better feeling. Produce, particularly butter and vegetables and eggs, notes the effect of unfavorable crop and weather conditions and is high and of poor quality, while canned goods are in active consumption and tend upward. Sugar is irregular in price for refined, while raw is lrmer Other trade developments are rather more hopeful in tone. Heat and light rains have materially improved the cotton crop outlook and the tone of advice from the South IS better than for several weeks past, though the corn crop in the Gen. tra! Southern States is reported suffer- ing from heat and drouth. While heat has operated as disturbing factor in some sections. 1t Is likewise noted that dry goods jobbers are in receipt of considera- ble recorders for summer wear goods from other sections of the country.
 The steel strike is apparently regard- ed as of less importance than it was week ago, and the petering out O. the mine firemens and the machinists' r.f work in many lines. Building is active end white pine lumber tends upward; boots and shoes are moving into con- sumption in large quantities; textiles are steedy in tone and the strength of for eign demand for our whea; makes .t proba ble the exports of this cereal will 20 far to replace sn,ai.er shipments of other grains.
 Activity in Textiles
 Activity in textiles this week center in the woolen goods to a degree. Spring weights opened this week by the largest productiny interest and are at a decline of 5@a21sc per yard from prices of a year ago, and the lower range of values has at- tracted considerable business as the feel ing is that, despite lower cost of wool as compared with a year ago, the outlook Is favorable one.
 Wool Is in steady demand to cover or ders received by manufacturers for win I ter and spring weights, fine territory wools holding the lead in business. Fleece wools are quiet but fair business is ooine l in South American quarter-bloods. Sheet and leather trades conditions continue quite satisfactory, while leather has shown an improvement in demand It looks as If the large shipments of cattle to slaught- CT in the West would help tanners hold down the price of hides.
 E Summer dullness and the strike domi- nate the entire iron trade but demand for finished products such as tin plates, iron and steel bars, hoops and sheets, Is reducing jobbers' stocks rapidly.
 Corn exports for the week aggregated l. 355, ,276 bushels, against 1,714,810 last week, 3,264,745 in this week a year ago, 1,700, ,33O in 1899, and 2,601, ,S2l in 1S99
 From July l to date exports aggregate 7,164,043 against 13,S7S50O in the season of 190O-1901, and 14,651, 753 In 1S99-190O.
 Business failures were 199 against POS last week, 1S3 this week a year ago, ITO in 1899, 1S9 in 1898 and 259 In 1897.
 Canadian failures for the week number 23 as against 2S last week, IS in this week a year ago, 16 In 1898, 34 in 1898 and 23 in 1897.