The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-09-19
TRADE CONDITIONS
ARE IRREGULAR
Expansion in Fail Trade Is Re.
tarded by Frosts and
Storms.

NEW YORK, Sept. 1S.-Bradstreets
tomorrow will say: Conditions still
display irregularity, but, except where
crop and weather developments have
been distinctively unfavorable, the
tendency is still to take a favorable
view of the outlook for fall and winter
trade. Heavy rains and killing frosts
Northwest and in portions of the West,
with drought, followed by unseasona-
bly, cool weather and destructive wind
and rain storms along the Atlantic
coast, have tended to retard expan-
sion in fall trade in wide sections of
the country. All sections, however,
have not been affected alike, the
Northwest returning relatively the
poorest reports as to current distrib-
utive trade, while the Southwest and
Pacific coast and portions of the South
already report business good in pros
pect.
The outlook for crops is still a good
one. Nothing in the nature of short
ages occurred in 1901 is indicated, and
while trade opinion probably inclined
to the view that the boom is over in
several industries, none the less the
belief is maintained that good av-
eTage fall and winter trade is in pros
pect. A feature of the week in New
England has been the resumption of
a large number of cotton mills. Com
plant of unsatisfactory conditions as
regards prices. however, still comes
from that section.
Shoe manufacturing in New England
is active, and large sale of leather is
reported at Boston. Trade in lumber
at the East shows little if any i'm
provement. New buying of pig iron
has been of fair buying, but prices
have failed to harden. Pittsburg re-
ports a better tone in iron, wit hor-
ders for finished products coming in
more freely. Steel billets have not
been cut in price. Coal shippers COM
plain of a scarcity of cars. Tin plate
mills are crowded with orders. The
ending of strikes is helping structural
material.
Lumber is quiet in the East, though
resumption of building helps trade
somewhat at New York. Demand for
sugar is experiencing the usual au
tumn reduction, and the textile work.
ers are still unsettled, either, as in
Philadelphia, as the result of past
strikes. or as in New England, be-
cause of high prices of raw cotton.
Signs of Improvement in the cotton
goods trade are, however, noted.
Wheat, including -four, exports for
the week ending Sept. II, aggregate
1,909,0S3 bushels, against 3,045,040 last
week, 5,435,323 this week last year,
0,c9U,0dt III 15U1, anu o,0O0,o0l III 1JVU.
For eleven weeks of the cereal year
they aggregate 33,164,210 bushels,
against 53,932,067 in 1902, 69,656,753 in
1891, and 35,5O0,5SS in 1900. Corn ex-
ports for the week aggregate 49, 167
bushels, against S44,S19 last week,
49,50S a year ago, 611,25S in 1901 and
2,194,205 in 1900. For eleven weeks of
the present cereal year they aggregate
10,S26,021 bushels, against 916,875 in
1902, 1,63S,92S in 1901 and 36,176,947 in
1900.
Business failures in the United
States for the week ending with Sept.
II number 10, against 165 last week.
1872 in the like week of 1902, 1913 in
1901, 1873 in 1900, and lat in 1899. In
Canada failures for the week number
10, against II last week and Is in this
week year ago.
Would Have Watson Bankrupt.
CHICAGO, Sept. 1S.-A petition has
been filed in the bankruptcy court to
have James S. Watson declared a
bankrupt. Watson was president of
Porter Bros. company, which failed
several months ago. His liabilities are
placed at $1,000,000. The petitioners
are: First National bank, $25, 900; No
Bile CrandaI, $4,000, and the Hibernian
National Banking association, $4,000.