The Washington times., 1901-09-07
BRADsTREETs ON THE WEEK
All Advices Point to nm Extensive
General Trade.

NEW YORK, Sept. 6,-"Bradstreet's''
tomorrow Will say:
Trade advices are, as rule very good
Fall demand now in full swing at the
East. West, and Northwest, compares
well with last years, and business con-
tinues to expand at the South. Specially
marked features are the reports of a large
seasonabie distribution, heavy shipments
and improved collections from leading
Western centres. The increased demand
for currency is necessitating large ship
ments to the interior and inducing firm
er tone In money and this is the best proof
that the expansion In business and not
stock speculation, which is stll rather re-
stricted, is responsible for the growing
strength of this medium of commerce.
All measures OF trade demand point to
maintenance of general business on a
scale not heretofore equaled for this time
of year. while failures, though more num-
erous than last year, are less hurtful than
one or two months ago. and really reflect
only the normal friction inseparable from
the conduct of business in a large volume
Industrial disturbances are not cutting
the figure they did earlier. Despite the
steel strike. the trades affected are doing
large business, and pig iron is in better
request; Prices for the fourth successive
up to the highest of the year.
Crop advices are in the main favorable.
Corn has further improved. and the
south. after gathering and selling the
pest paying cotton crop In its history,
faces with confidence a yield at least
equal to. If not larger than, year ago.
The steel strike is gradually nearing
its end despite efforts to keep the trouble
Open. In the meanwhile demand steadily
grows and premiums for quick delivery
Of affected products mount up Much of
the business usually offered has been
merely postponed and great activity
awaits on the reopening of the mills.
The cotton trade is in an interesting
position. The actual yield in the season
just closed was 10.3s3, 900 bales. valued at
nearly $500. .9o0. .o00 the largest value ever
received for an American cotton crop.
The latest Government report shows that
on HVoO.o9 out of 27.532. 900 acres planted
the condition Is better than n year ago
and the outlook Is, therefore, for a some
what larger yield than last year.--Rsices
are. however, cent a pound lower The
market has been irregular, receding in
the middle of this week on the better than
expected Government report, but reviving
slightly later on the weather reports,
showing further deterioration. Though
fractionally lower, spot cotton is in de-
York. New crop movement in the South
west is large. Cotton goods are quiet at
first hands, but kept firm by the higher
prices of raw material. The jobblng dry
goods business is large East and West
and shipments are very heavy. Wooden
goods arc in good shape. and wool is
steady despite the lull in demand.
For the week business failures num-
Der 1853, as against 1ss last week. 154 in
this week year ago, 123 in 1899. 142 in
1898
THE New York stock market is irregu-
lar and sensitive about money conditions
though extreme stringency is hardly ex-
pected- Fears of higher interest rates
are also modified to some extent by the
belief that large gold imports are likely