The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-06-15
BRIGHTER AND BRIGHTER
GROWS THE CROP OUTLOOK.
Brilliant Reports Give Rise to
Further Improvement in Vol
ume Of Distributive Trade.
TEXTILES ARE PICKING UP.


New York. June N.-Bradstreet's to-mor
row will say:
Reports TO Brad.treets show a further improve
ment in the volume and tone Of di.tributiv,
trade. which had its inception In the bette
weather and crop conditions. Following ths
check given to the crop damage enthusiasts b,
the June crop report. which can hardly be re
earded rs other than brilliant for wheat. CONF
assurances that the conditions OF June 1. good
a. they undoubtedly were. have been further i'm
proved What IL true Of the smaller cereals !,
also largely the CAGE as to corn. though the lat
ter Is backward and needs warmth. Cotton croI
prospects have likewise been improved. though
tho low condition is apt to Offset some. II moi
all. OF the increase In acreage.
a better business Ii noted IN some lines Of
mems wear woolens and some makes Of cheaper
goods are reported heavily ordered ahead. While
the cereals are lower on good crop reports. quick
support has come from the export demand. which
has been the largest for weeks past. and the de
cline has been temporarily. at least. arrested.
One Of the most satisfactory features Of al! Is
that. after quite a period OF dizziness. pig iron
has been taken more freely at leading markets
and bars and plates have sold better. the latter
even noting an advance. Pig iron production Is
shown to be proceeding at an unprecedented rate.
but consumption appears TO wait promptly upon
output.
Railroad earnings continue in unliminishsd
feature deserving attention is the failure Of the
machinists' strike TO be amiesbly settled; the
Q long -drawn-out one.
The feature in iron and steel Is the e-liarkeu
demand for Bessemer pig iron at Pittsburg for
largest interest. the United States Steel corpo-
ration. Il buying heavily In the open market. In
finished lines the feature Is the enlarged inquiry
and demand for bars and plates at Chicago. and
the advance Of g per ton noted on the latter
After a long absence manufacturers are In Tie
market for some good fize lots. Wire and wire
goods are in heavy demand and deliveries are
tious as to contracting ahead. In view OF strike
uncertainties.
Shoe shipms ITS from Eastern markets for lie
week have again passed the To-. 0fecase mark.
despite the fact that factories are about through
with their work on summer orders. For the
season shipments are now u.s. 0 cases ahead -
last year. Efforts of heavy leather manufacturers
some trade to lighter markets. which are more
active. All Western markets report heavy sole
leather firm and tending upward Hides are
strong and the margin between the raw and
product IL a narrow one.
Wheat. including -four. shipments for the week
asEreeate l.Is1: 10. bu.. as AGAINST &s4t.ett last
week. +.sS.es in the corTesponding, week OF ise.
I 10 date this season wheat exports are rS.e23.-a
bu- a. asainst lsl. S4.sS last season and 2is.-
Com exports for the week aggregate ..sse.s1
bu., as against ass. log last week. S.633.25 in
this week a year ago. 3i In 1889. and 4.ios.-
5S In 1888. From July I TO date this season Scrn
exports are Lao. ets. ta2 bu, as against 1sS.s9a.S7
Failures In the United States for the week
number lss. as against lS3 last week. $50 in this
week a year ago. $50 IN 1873. 81 In 1SS and -
In 1897. Canadian failures for the week number
IL, as against "a last week. q in this week q year
ago. 8 In 1899 and - In 1885