Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1901-06-27
The Busin ess situation.

Bradstreet's Saturday: THE situ-
alton is one of sustained strength in
some lines and of further Improvement
in others, The crop situation, OF course,
remains the main subject of interest,
| and this, on the whole. lie good one,
although too much rain in the South
Atlantic States and too little in Texas,
| with the lack OF warm weather for
corn in the Northwest, have constituted
exceptions to otherwise favorable ad-
vices. Perhaps the most significant
feature noted for some time past is
| that presented this week in regard to
| the prices Of number of leading COM
| moditlos.' Dress goods, notably print
/ cloths, bleached goods and O number
| OF kindred products, have been ad
vanced this week, and an increase in
the price of the raw material is as
much due. to the better trade adyices
ut hons and abroad as to crop damage
reports from the South. Hides and
leather, long threatening an advance,
have at last succeeded in this respect,
and, In addition, corn and oats among
the cereals, land among hog products,
cheese among dairy products, and
coffee and tin are all higher on the
week, the only important reduction
being In wheat, due mainly to liqui-
dation of the July option, as much as
to continued good crop advices. Euro
pean advioes favor the idea that the
Continent of Europe will be heavy
buyer the coming cereal year. WooleE
goods trade ndvices are quite cheerful,
and clothing manufacturers and dealers
are reported quite confident as to the
outlook for business. Shoe shipments
continue close to the maximum, again
exceeding 100000 cases for the week,
and for the season they are 1872, 600
cases larger than year ago. Hides are
| firmar at the West and higher at this
East. There is growing demand for
fancy grades Of black feathers. An
advance Of u cont on wax calf is re-
| ported at Boston, where export pusi-
ness in leather is also better. Failures
for the week number 1888, against 1888
last week, 167 In this week year ago,
1879 in 1899, 220 in 1898, and 215 in
1897. Failures In Canada for the week
number 26, as against II last week, %
in this week q year ago, % in 1899,
and 10 in 1896. -
r. G. Dun & Co. IS Review says
Increasing distribution OF MERIDIAN
disc, particularly in the territory be-
yond the Ohio River, is a feature OF
the general business situation and tells
of widespread prosperity and CON
| fidenoe. The railroads are carrying
more goods that may be classed as
| Injuries than ever before, and, in
spite Of Wall streets slightly higher
money market. there Is no fear on thi
score in any line of legitimate trade.
| Crop news continues good, there Is less
trouble from disagreements with labor.
and the long laggard cotton goods
market has recovered slightly with the
reduction OF unsUld stocks of print
cloths. Less interruption through labor
controversies at machine shops makes
the iron and steel industry more fully
employed than 10 recent weeks, and
for another week there il assurance OF
vigorou9 activity t.mills and furnaces.
No decrease is seen in shipments OF
boots and shoes from Boston, forward
ines continuing far in excess OF other
years, hut actual production of the
shops is slightly reduced, and there is
less new business offered. Quotations
are shaded about 90 cents on few
grades, particularly as to boots, and
seasonable goods as wei as fail de-
liveries are moro quiet. Excessive
stocks of print cloths Mt Fall River
have been reduced to surprising
extent since the combination of
attractive prices and warmer weather
infused little animation into the
market. Sales are heaviest of wide
goods, but standard sizes are also
sharing In the enlarged business. The
rapid strides Of exports to China in
the brown goods division we're not
without influence, and taken as a
whole the cotton goods industry has a
more encouraging aspect than at any
time for many months. Improvement
in wooden goods is less pronounced, yet
distinct gains are reported in certain
lines, and a ,moie hopeful feeling is
entertained as to the volume of new
orders about to come forward. Nc
change is perceived in wool, and prices
remain barely steady at the lowest
figure in nearly four yeare. AS the
season advances CROP conditions steadily
improve, and in some States the winter
wheat is being harvested. No severe
drop in quotations is anticipated, how
ever, for the crop is by no means
beyond danger in the Northwest, and
even yield equal to the largest esti-
mate may he required If the most
gloomy foreign fears are realized. In.
stead of raising sufficient for its own
needs, France has come forward as an
anxious purchaser, and many other
forcing nations are dependent on i'm
ports to an unusual sxtent. In three
weeks exports from Atlantic ports have
been 10, a01, 316 bushels, against 1885,
1888 last year and 1904, 252 in 1899. For
the last week the movement from the
Eastern seaboard does not show the
usual gain over last year, but Pacific
shipments, were $50, $40 bushels, again 81
GAG, 435 in $780,"