The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-05-03
-BRADsTREET ON TRADE.
S~easOnabIe Weather Helps Distribu-
tive Business at Nearly All Points.

SeasOn8ble Wenther Helps D1str1Du-
tive Business at Nearly All Points.
NEW YORK, May 2.-Bradstreet's report
tomorrow will say:
More s~easonable weather throughout the
areas has helped distribution at retail
and has improved recorder business with
wholesalers. Exceptions TO this are found
in some portions Of the Southwest. where
complaints of lack Of rain affect crops. and
also in portions of the Northwest, where
the reverse is the case. too much rain in
terfering alike with spring wheat planting
and distribution OF seasonable goods. With
the exceptions noted agricultural opera
tons have made good progress, and wealth
er conditions have been in the main favor
able. particularly to the eastern portion of
the winter wheat belt, the oats crop gen
orally. the newly-planted spring wheat
sections and the larger part of the cotton
belt.
Exceptional activity continues on the all
Industrial lines and the. usual May-day I'M
rest. most of it manifested in the building
trades. has caused less than ordinary in
terruptions 10 operations, partly, perhaps,
because of the ready concessions made by
employers. Activity in building continues
q feature OF note, and all lines of industry
contributing thereto, such as lumber. build
Ills UldAt1AaAr DuAAtAr1E dAQNaA 4Du 81 Ut
tural material, are all In active demand.
New business in iron and steel is generally
in small lots. not because demand is
smaller. but because supplies Will not ad-
nit of large deliveries. Pig iron is as
scarce as ever for immediate delivery, and
premiums OF s. TO = are freely obtainable.
The rail situation Is unique. The new rails
at SIS are practically understandable for
prompt delivery. and some old rails fit for
relayins are held 81 above the nominal
price of new rails. Canadian roads are
buying heavily in England. Southern iron
Is very generally sold ahead. Finished
products are scarce and high. and some
mills are booked with orders far into 1903.
Light and heavy hardware is active. Some
very large orders for structural materials
have been placed this week.
In textiles the feature is the continued
strength OF raw cotton. despite heavy real
izing on the sharp advance, which brought
spot cotton early in the week close up to
10c. Exports continue heavy. larger, in
fact. than port receipts. and visible sup
piles show a further shrinkagC, although
the old crop movement has put minimum
out OF sight, and the final yield.
II Is conceded, Will exceed 1O.00O.00 bales.
Wool is dull at the East. rejecting the
curtailed consumption and i~rregularity due
10 strikes.
II has been a weather market for cereals.
good crop advices early inducing liQuida-
ton. but reports of dry weather in Kansas
and too much rain In parts OF the North
west. added 10 the strong statistical posi-
ton (American and Canadian stocks de-
cIining 5000. 600 bu during the month"; and
large clearances particularly of Canadian
wheat. were stimulating features. later
raising price levels TO the highest points
reached during the week. The primary
movement OF grain is very small for the
season. Corn receipts are light, and this,
with dry weather reports, manipulation and
sympathy with wheat, aided quotations
early. but later reactions lost the advance.
Wheat, including -four, exports for the
week aggregate 5.9S.l55 bu, against 1850
$50 last week and 5.100. I63 in this week last
year. Wheat exports from July TO date
aggregate 215.S4.S22 bu. against 10, 716 81
last season. Corn exports aggregate 1858
bu. against 376,1S6 last week and 2.S1.Sg2
last year. From July 1 10 date corn ev-
ports were 2.52S.S64 bu. against E5,4 33. III
last season.
Business failures in the United States for
the week number la, against Isl last week
and 163 IN this week last year.