The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-07-19
TRADE OUTLOOK Is GOOD
WEEKLY REVIEWS OF CONDITIONS
BY BRADSTREET AND Dun & co.
weather. Crop and Industrial Devel-
opments, Coupled with Easy Money,
Have Created Optimism.

NEW YORK, July 1S.-Bradstreet's to-
morrow will say: Weather, crop and in
dustriaI developments have been largely
favorable, and. coupled with the great ease
of money. make for an optismistic feeling
In trade and speculation. AS stated some
time ago and confirmed by recent develop
ments the future seems more and more Sc
cure but the immediate present does not
in all instances present so satisfactory
appearance Warmer weather has con-
tinued TO help retail distribution, but has
not in all cases made up for the disadvan-
tages caused by the heretofore backward
season With few exceptions summer re-
sort business has not equaled expectations.
Railway earnings are really hatterng.
June returns on nearly 100000 miles of road
showing an aggregate gain of per cent.
on last year.
In the matter of actual business i'm
prOVement Is noted in the demand for fin
ished products OF iron and steel, and lum-
Der seems 10 be recovering from the tenn
porary depression noted at the beginning
or July. The shoe trade. naturally hides
and leather. heretofore backward, has be-
gun 10 show a favorable SIDE md the
strength OF wool and wooden goods is also
more noticeable. The dry-gOods trade.
taken as a whole, is rather quiet. but in
creased interest Is shortly 10 be expected.
The Eastern fall jobbing trade I'm this line
is not expected TO set in quite as early as
a year ago.
country over, and corn and cotton reports
are generally more favorable. The South
ern peach yield has been large, and fruits
generally have done well.
Iron and steel trade conditions are sur
prisingly good. 20 none more 50 than the
manufacturers themselves who al The mid
die of July md their output for the last
half OF the year practically booked. The
scarcity or pig iron amounts 10 some thing
approaching a famine. owing 10 restricted
supplies OF fuel causing shut-downs OF
numerous Eastern furnaces. NJ nerous or
ders for pig iron for the first H. - of next
year have been booked both by northern
and Southern furnaces. The position of
the latter has been much improved by the
settlement OF the coal miners strike I'm the
birmingham district. Heavy sales of fin
ished material are reported at Chicago and
Pittsburg this week Bar iron, structural
material. rails. and. in fact. all Of the
heavier forms note special activity. I'm
plement manufacturers have been free buy
ers. Hardware has been exceptionally ac-
tive builders material leading. Some
Western shovel manufacturers report an
unprecedented output and sale Of this class
Of material. Wire cloth Is active and large
orders for material are reported booked.
Machinery. saws and stoves are active at
the West. Prices note few changes and
are at the top IN practically all lines.
Wheat. including -four. exports for the
week ending July IL aggregate g. 755. 222 bu
against 4.4Gi.ll5 last week and 5.221 $50 in
this week last year Wheat exDOrts since
1912 last season Corn exports aggregate
1868 bu. against ls513l last week and l.
7140s1 last year For the fiscal year corn
exports are S19.7si bu, against 6.O0S 767 last
season.
Business failures in the United States
for the week ending July II number ia as
against lS5 last week and 20S In this week
last year.