The Saint Paul globe., 1902-01-25

NEW YORK. Jan. A-Bradstreet's to-
morrow will say: Events of the wesk
nave been largely favorable, notable
among these being the continued steadi
ness OF general prices though cereals
nave weakened slightly as a reflection of
continued liquidation, accelerated this
week by the arrival of much needed snow
IN the western half Of the winter wheat
belt, a. further expansion in spring tr11e
at leading jobbing centers, renewed in
terest by exporters in wheat though ir.
regularity IN prices still tend to discoar-
age heavy trading, while the slight
strengthening in cotton prices is based
largely on continued confidence in future
values and the very heavy export move
season being nearly 100000 bales larger
than year ago.
Railway earnings still fail to confirm
pearlsh predictions, and the improve
ment In the car situation in January does
not seem to have been at the expense of
receipts. -
Clearings are smaller than year ago,
because speculation is at a very low ebb
but dlstributive trade is probably larger
even than that of a year ago.
The strength of the iron and steel mar
Kets remain unchanged. The large busi-
ness booked renders consumers and oro-
oucers alike easy as to the outlook Ef-
forts of conservatives to prevent prices
from reaching heights which might dis
courage consumption are not altogether
successful, as evidenced by the sale or
200 tons of pig iron at Birmingham at
advanced prices. More is doing than is
ua! at this time in iron and steel and the
mills never had so many advance orders
booked
Complaints of small margin of profit
in print cloths and similar goods continue
to come from New England Finished
goods are said to be selling below parity
with the cost of gray CLOTH and business
in staple cottons is reported Indifferent.
JobDers, however, are reported Indifferent
ing spring styles of prints and ginghams
and meeting with satisfactory recogni-
ton.
Eastern shipments of boots and shoes
on orders continue in excess Of a year
ago, the gain so far in january being IL
per cent The feeling is that jobbers may
hold off in the hope of affecting the price
Heavy SHOWS in the lumber regions
have aided logging operations, but in the
great consumptiVe markets the winter
EaS been an open one and building Oper-
at1ons have gone on with less than the
usual interruption. with the result that
stocks are reported small and prices firm.
That disadvantages are connected with
the open winter. however, is proved bp
the reports Of dullness in rubber gooda,
and advices from Providence are that
production may be further curtailed
Wheat, including flour, exports for the
week aggregate 3,839, ,679 bu, as against
1850, ,2O2 bu last week, and 4,S3S,678 bu in
l. 1901, to date Ghrty weeks) aggregate
161, ,644, 154 bu, as against Iii, ,002 372 bu last
season. Corn exports aggregate 179, $50
bu. as against 29S, 093 bu last week End
3,972,152 bu last year. July |. 1901 to date
corn exports are p, ,435, ,2S7 bu, against ILL.,
702,912 bu last season.
Business failures in the United States
for the week number 292, as against Eq1
last week, 2S1 in this week last year, 252
in 1900. 246 in 1899, and 2S8 in 1898. Cana
dian failures for the week number "a, IS
against 35 last week and "a in this week
year ago.