The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-08-08
FALL TRADE is OPENING
WITH BRIGHT PROSPECTS.
While East Feels Effect of Finan-
cial Depression the South
west Anticipates Big
Crops.
New York, Aug. 7.-Bradstre.t's to-mor-

New York, Aug. 7-Bra6strest's to-mor-
row will say:
Summed UP in a sentence, It may be said that
the past In trade and industry Is satisfactorily
secured, while the future. despite come mainly
sentimental drawbacks. is highly promising d.
vided geographically. It is to be noted that the
East feeis the effect Of speculative liquidation and
the dulins effects on manufacturing Of high
prices Of raw materials and strikes. while the
west and South contemplate good yields OF staple
crops and remuneratiye prices for the same with
confidence and even optimism. Staple prices arc
drifting lower. Food products certainly tend
lower.
Other developments in actual trade and manu-
factrre are favorable There are buyers
of dry goods and clothing. hats. shoes and hard
ware in Western markets. and In nearly oil lines
business is claimed he equal to. in excess
OF. last year, so far. The dry goods season has
opened WILL at New York In all lines. except
cotton goods
For the first time In weeks something appronch-
ing life is seen in the iron trade. Sales OF pig
non have been the heaviest since the spring.
some of this being for the last quarter OF the
year and some for next years delivery. Other
large orders impend Shoe manufacturers are do
ing a large business. as measured by Eastern
shipments and reports thu: Western. particularly
st. Louis manufacturers have all that they can
handle.
Railway earnings thus far reported for the
month OF July indicate Il gain OF IA per cent
over the same month a year ago. and therefore,
70 this extent. are the best ever reported for
that month.
Hides easier. and steam sizes Of anthracite
coal weakened perceptiby. Refined sugar is in
active demand. the best weeks business so far
being reported.
In addition to sales Q, 10000 tons Of pig Iron
at Chicago. 1t is noted that the tone OF Pitts
burg Is better. and finished steel products. not
ably bar and structural. more in demand.
Trade in merchant pipe. steel sheets. wire and
tin plates is claimed to be better than last
year. Lumber Is active at the West. but new
enterprises involving its use at the East are re-
ported held UP by financial uncertainties.
Reports of car-shortage troubles increasing,
trade.
Wheat. including -four, exports. for the week
ending August 6. aggregate 5.141.sc3 bushels.
against 3.I9l.4i last week 42ii3ss this week
last year. ss31lss in 1901 and 3.als. 80 in 1900
For five weeks of the cereal year they aggregate
l5o4T2S3 bushels. against 90 7e2 203 in 1S0e. o..
507 14s in 1901 and Hsss le7 in 1907.
Corn exports for the week aggregate Ssi As
bushels, against .S93 last week. 70,ell year
ago. $780, in 1901 and 2S90,I5i in 1900. For five
weeks OF the present cereal year they aggregate
6.242.0a3 bushels against 94437 In 1902. 72f4 13
in 1901 and IS c49. 731 in 1900.
Business failures in tho United States during
week ending August number 49, against 1870
last week 1se In the like week Of 1902 1S5 in 1901
III in 1900 and 156 in 1889. In Rnada for the
week failures number &c. against II last week
and u in this week year ago.