Omaha daily bee., 1902-07-12
BRADsTREET's REVIEW OF TRADE.
S~easOnable Trade Improves with
Warmer weather and Good Crops.
NEW vOpK TuIv ~ -pradetraets sovu.

NEW YORK, July 11.-Bradstreet's says:
Warmer and more settled weather in
many sections has helped seasonablc trade
and made IT possible to ascertain that the
earlier reports of grain crop damage from
rains were rather exaggerated.
Among the industries iron and steel still
OF complaint is the scarcity of coal and
coke, limiting pig iron production at a
The strength of food prices, particularly
of cereals and meats, are based on small
Immediately available supplies, rather than
fears of possible future shortage. Except
for wheat the highest prices paid for ten to
twenty years past at this time are being
Textiles and other manufactured goods
tend lower and thus affect the general
level of values. The ability to pay the
best evidences of the prosperity prevailing
among all classes. A further light on this
matter is shed by the reports from ali
parts of the country of enormous passenger
traffic by rail and water during the first
week of July. Failures are down to a low
1t is a significant fact, in view of recent
crop damage talk, that the government re-
port for July shows that winter wheat,
oats, barley, rye and hay all improved In
condition during June, and spring wheat
alone lost a trife.
these columns for some time past, due TO
large acreage and good condition. seems
measurably. within sight, in view of the
Agricultural departments statement that
most Of the leading states are above 80.
This report is known to indicate not far
from a $500. OO0,0 900 bushel crop. a total
never hitherto reliably estimated.
1.-The Ihe wn 1eai crop; despite e5ppne ,S draw6acks
average and the indicated oats production
has never yet been equalled. The barley.
rye, potato and fruit crops all promise bet
Trade in seasonable goods in wholesale
has been restricted, but warmer SeaSonable
weather has helped retail business, FAN
the west and clothing and shoes have been
the west, and clothing and shoes have done
Schuylkill, Lehigh. Mahoning and Shenango
valley furnaces because of lack of fuel re-
duce the volume of iron production when
their full production could be adyan-
Rails are in Unprecedented demand and
next year has already been arranged for.
In structural shapes and other heavy
forms, also, demand is eager and six
months production is easily on the order
books. Import arrivals of iron and billets
are large. In some lines, however, notably
tinplates,, wire, sheets and, bars, new bust
ness is slack. Hardware is in very active
sale, a feature being the large business in
fall lines already booked
Cotton goods are quiet at the east after
the recent price revisions. Some business
for export to India is reported, but Chi
fuctuated with weather reports, while spot
cotton has been unchanged. The eastern
Wool is firm and working Higher and
spring woolens WILL 1t Is expected, open 59
8 per cent higher.
Lumber is rather less active than of
late. while pin is particularly so, but
stocks are small and no great decline is
predicted.
preliminary returns OF export trade for
the fiscal year show the smallest exports
of breadstuffs for four years past, due to
the shrinkage in corn and oats, more than
offsetting probably the largest wheat ship
ments on record. High prices for cattle
checked xports also, but provision ship
ments have broken all records. Cotton ex-
ports are 70 per cent below last years
record-breaking total, but petroleum ex-
ports were never before equalled. The ag-
gregate Of the exports OF breadstnrs, coal
and provisions, cotton and petroleum is IS
per cent below last year, but still l per cent
larger than two years ago, which were up
to that time the greatest ever recorded.
Wheat, including flour, exports for the
week ending July 10, aggregate 4,404, 115
bushels, against 3,211, 215 bushels last week
and 5,0l6,1G0 bushels In this week last year.
Wheat exports since July aggregate 6,OO9,-
lis bushels, against 1854, 241 bushels last
season. Corn exports aggregate S5,lS1
2,SOO,7SS bushels last year; For the
fiscal year corn exports are 249, lis bushels,
against 4,294, 6S6 bushels last season.
Business failures for the week number
1856. as against 1Ss last week and 1879 in this
week last year.