The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15

NEW YORK, March 14.-BradStreet'S
tomorrow will say: The week ends more
| favorably than 1t began. This particu-
larly true of weather conditions and Of
affairs industrial, which have improved
! greatly in various sections of the coun-
| try. Plenteous rains in the entire winter
| wheat belt and more especially in the
| drought-affected Southwest, have added
impetus to that crop which has been
| likewise favored by succeeding mild
weather.
The apparent advent of the spring
| season and its promise of earliness has
neen an important stimulant to most
lines of trade and industry, which were
thus enabled to throw off the letters
| placed upon them by storms, freshets
and the entailed Interruptions to trans
| portation.
There is less excitement but more
strength in iron and steel. Agricultural
| implement manufacturers have bought
| heavily of bars. Pittsburg sales being re-
ported at 100000 tons, almost all of it,
however, at old prices. New buyers
must pay the advance of 50 per ton de-
manded. Weather conditions and floods
limited production in February, and
| stocks are smalled than a month ago.
what sales of pig iron are noted Tiis
week nave been at advances of so cents
per ton. Illustrations Of the strong stu
alton in all lines are given in the reports
that bar manufacturers are sold ahead,
| rail mills are sold ahead for the entire
season, steel and wire mills have booked
| orders for three months capacity, and
the Valley furnaces have sold three
quarters of their entire years produc-
| ton.
Light rails are $3.50 per ton higher
Skelp has advanced from 81 to 50 on de-
mand from the pipe trade, and, all in
all, the innate strength of the situation
has practically never been surpassed.
Wheat Shortage BuOys Market.
Wheat was buoyed up by the govern
ment report of the small reserves in
farmers hands, Bradstreets calculations
based on the above pointing to a very
small increase in the visible and in
visible supplies in view of the record
breaking crops in this country and in the
world at large. This steadied prices for
time, but they weakened later on lAe
report of the breaking of the drought in
the Southwest and of adequate supplies
OF moisture to winter wheat in other
sections.
The most active export demand for
some weeks past developed at the decline
and exercised some influence for later
nrmneSS. Corn and oats for the first
time in long while broke loose from
the premier cereal, reports of heavy
rains checking receipts and the govern
ment report of the smallest corn re-
ceipts and the government report of the
smallest corn receipts in twenty years
ana limited farm supplies of oats A
strong speculative movement in Nav
oats is an additional feature to be noted
Wheat, including flour, experts for the
week, aggregated 2,S06,25 bu again 4,O95,-
944 last week and 1880, 939 in this week
last year. Wheat exports July l, 1901, to
date (37 weeks) aggregate 187, 16S, 527 blu.
against 142172,145 last season.
Corn exports aggregate 49,, 414 blu against
352, 4O6 last week and 3,246,775 last year.
July l, 1901, to date corn exports aggre-
gate 23,655,O74 blu, against 1877, 778,31O last
season.
Print Cloths Are strong
Cotton has been more irregular decIin-
ing from the recent upward movement
allu lnHuenced as 1T was by the report ed
intention of the Fall river cotton opera-
tives to strike, reVerses to British arms
IN South Africa and more speculative dis
position to realize on advance. REGENTS
OF exceptionally large volume, have. it is
said, been at the expense Of interior
STOCKS, while exports have been as here
tofore very heavy.
Frlnt cloths are stronger In sympathy
with the general strength of all >cotton
goods and also because of the Threatened
strike booked for next week Labor
troubles IN the wooden goods trade have
peen a disturbing feature, but women's
Hess goods have continued In good de-
mand. Shoe shipments last week were 7
per cent larger than week ago and the
increase for the season IS 4 per cent.
Leather is reported very generally quiet
anu some grades are weak in sympathy
with the dullness in hides.
BUSINESS failures in the United States
FOR the week number 224. as against 178
last week; ~ in this week last year. 80
IN 1900 2O9 in 1899, and 233 in 1898.
Canadian failures for the week number
81 as against % last week and % in this
week year ago, and In 1900.