The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-09-10
DEVELOP FNTs IN
TRADE FAVORABLE
Distributions on Fall and Win.
ter AccounfAre Enlarged at
Most Markets

NEW YORK, Sept. 9.-Bradstreet's
tomorrow will say: Trade, crop and in
dustriai developments have been gen.
orally favorable this week Distribu-
tons on fall and winter trade account
nave enlarged at most markets. the
corn crop has progressed another
week toward final maturity, which,
however, this year is later than usual.
and several industries hitherto greatly
depressed or operating on short time
have resumed running full. The indus
trial situation is slightly less strained
than it was, and the beef strike is now
ended. In iron and steel. past and
prospective price reductions have en-
couraged inquiry, consumption has
finally evertaken production and stocks
Of crude material are smaller. With
the beginning of the crop movement
whfch is reasonably heavy for this pc
ROC, has come improved collections and
petter railway earnings returns Au-
gust results point to a 6 per cent in
crease In gross receipts over a year
ago. All in all the prospects continue
favorable for a fairly active trade in
most lines, but nothing in the way of
record breaking is looked for in gen
eral business or in crop outturn.
Ialrly satisfactory jobbing bust
ness HdS Deen done at New York in dry
goods; slight Improvement is noted
at Boston. and at Philadelphia the dry
goods Jobbing trade has opened we'll.
mere Is larger movement of shoes
from Eastern points, more demand for
ieather and some scarcity developing,
owing TO curtailment by tanneries.
eastern print cloth manufacturers are
MOI pushlng business at present prices.
Inc wooden goods trade is not active
as might be wished but raw wool is
nr1nly held and confidence in the sta
tlstical position of this commodity is
universal.
The stubborn strength of prices is
perhaps the most notable feature in
the entire situation. Bradstreet's gen
eral index numbers shows a very small
percentage of increase on Sept / over
Aug. l. with provisions and groceries.
furs, hides and leather, oils and bread
stufs showing most strength.
Price Level Is Higher
The general level of prices at pres
ent marks an increase of IT per cent
over June 1901, a decrease of 3.8 per
cent from February, 1900, but a gain
OF ~ per cent over the low water mark
/ OF July, 1890 In iron and steel the
features are the announced reductions
made in steel plates, structural mate
rails and wrought pipe following de-
NhOooCS III wire anu nails. A fd1r DuSi-
ness has been done in steel rails at
the West, but very heavy tonnage is
| reported held back in hopes that the
SIS price will be shaded. These re-
! auctions have certainly caused more
inquiry to be made and in some in
| stances, as in the case of wire and
STRUCTURAL materials, new business has
actually materialiZed. Rather more is
| doing in bituminous coal at the West
1 and while Improvement is still only ten
tatlVe, there is tendency to insist on at
| least present quotations and no dispo-
s1tion to follow the market downward.
| Business failures in the United
| States for the week ending Sept. 8
/ number IA, against 1919 last week, 165
4 IN the like week of 1908, 1877 in 1902,
1872 in 1901, and 167 in 1900. Failures
| in Canada for the week number IA. as
| against IL last week and II in this
week a year ego.
Wheat, including flour, exports for
| the week ending Sept. 8, aggregate
l,995,621 bushels, against 1,930,511 last
| week, 3.045,040 this week last year,
5,444,l46 in 1902, and 6,648, 400 in 1901
From July to date the exports aggre-
gate 14,46O,2S3 bushels, against 31,255,-
1853 last year, 48,497,742 in 1902. and
! 45,Sl6,179 in 1901. Corn exports for
| the week aggregate 446,231 bushels,
against 710,562 last week. S44,418 a
year ago, 91,512 in 1902, III, 1881 in 1901.
From July / to date the exports of
corn aggregate 5,750,112 bushels.
against 10,038,S54 in 1908. S67. 267 in
1902, and 10,027,72S in 1901
i