The Montgomery advertiser., 1902-04-05
COTTON TIES At Less Than Manufac- turers Prices. C. E. CAVERLY,
 Atlanta. 0a.
KLYTRADE REVIEW
GENERAL UNDERLYING FEAT TURES REMAIN FAVORABLE.
Returns to Bradstreet's All Point to q Heavy Business, Having Been Done in First Three Months
 of the Year.

New York. April 4.-Bradstreets tomor. row will say:
 The great underlying features of trade ano industry remain as favorable as here- Loiore Bradstreets quarterly returns oi failures. bank clearings and prices all point to heavy business having been done Tn the first three months of the year at fair profits, while most indications as 70 crop prospects favor a good summer ana Tall business. Cool weather and the natural reaction from the before Easter activity has quieted retail trade East and west, while heavy rains and floods have lnterfered with demand and movement in the South. Jobbing distribution is natur- ally less active than earlier in the season, but is still of liberal volume. Practically unanimous good reports come from the winter wheat crop which has improved instead of deteriorated from its autumn promise Especially good reports come from the Central West and the South west Oats are coming up we'll and spring wheat planting though backward will shortly become general.
 Wet, stormy weather in the eastern half of the cotton belt has unquestionably in- terfered with farming preparation. High water in the Mississippi Valley has check ed trade and the movement of cotton in this respect acting as a stimulus to the price of that staple, which has also been favorably affected by the improved out look in the New England mills where increases in wages have been conceded at many points.
 Special promise of activity is held out this year in the building trades which are active buyers of white and yellow pine hardwoods and hardware. Afcountry wide activity in this latter trade is re- ported, the Aonly difference being tho ob- taining of supplies fast enough Price changes for the week were unimportant cotton figuring most largely in the matter of advances. partly because of light re- ceipts caused by bad weather and the continued heavy exports. It has been a weather market for wheat with the ten dency slightly downward on the general ly conceded improved crop reports. Out side interest is small in this cereal and In corn, which is still reported the center of speculative contest. The abnormal situation in this cereal discourageS out si,ls interests. Hog products, though help ed by light receipts of hogs on some days, are rather easier, lard being lower on the week. .4.IE
 Business failures in the United States for the week number 176 as against 1S, last week. 1SS in this week last year, 1S2 in 1900. 190 in 1890 and 220 in 1898. Cana dian failures for the week number IS against g last week, 29 in this week a year ago and 9 in 1890
 Wheat including flour exports from the week aggregate 4.446,917 bushels. against 2,o0i.110 last week and 4,69S, ,6S3 in this week last year. Wheat exports July 1, 1901, to date (forty weeks) aggregate 19S. .Si5.95S bushels against 154, 4,622, IF last season. Corn exports aggregate S0, ,53l bushels against l3y,3Oo last week and E. 990. 541 last year. July l. 1901, to date corn exports are 24.464, 7O1 bushels against 546,- 956.S7S last season.
 No signs of weakness are to be found in iron and steel The largest interest is reported about to place a contract for 100000 tons of Bessemer pig for delivery in the fourth quarter for which the price will be at least ST per ton valley fur naces What sales have been made this week have been mare at $17.50 to $l7.75 valley furnaces Steel Is and .lliets are quoted at $32 s10 more than a years ago. Heavy orders for bar iron and steel are reported at Pittsburg and Chi cago for implement, wagon and carriage manufacturers and business continues good even at the advance of $2. The de- mand for finished material seems to be still in excess of the supply. Bradstreet' s compilation of hog and beef prices points to the highest prices reached this season of the year for more than ten years past. Hog products have advanced more than beef, probably because of wider specula- tive interest.