Show BUSINESS iS QUIET I Distributive Trade is Dull Seasonably So I PRICES GENERALLY WEAK i J This True of Manufactured Products but There are Exceptions Where Crop Conditions are Exceptionally Promising and in the Case of J I Prices Where the Readjusting Movement Has Been Overdone on the Down Side Sugar is at Highest for Time of Year for Ten Years New York June Bradstreets tomorrow to-morrow will say Distributive trade is dull seasonably so In most Instances and prices of manufactured products arc generally weak but exceptions to the former are found where crop conditions con-ditions arc exceptionally promising and In the cost of prices wh vc the readjusting read-justing movement has been overdone on the down side The upward rush of wheat prices cm I mlnatetl at the close of last week and I time reactions and irregularities since mainly due to heavy realizing would mainly point to the movement having been temporarily at least overdone lie I ports of rain in the Northwest though I it is claimed too late to help the crop k In Minnesota and the two Dakotas have had some reassuring effect and second I thought apparently inclines bears to I the belief that the late advance dls S counted much of tho shortage In yields oC the worlds crop Advices rom the North are little more than half a crop of wheat but estimates as to the outturn In bushels vary accordingly as the Government report of 1COOOOOOO bushels or the com morclal estimate of 200000000 bushels In I yield last year in the three Slates arc used as a basis A shortlived scare on tho reports of dry weather in the corn belt sympathy with time early advance In wheat and what Is more Important I apparently increased I in-creased popularity of corn on export account was responsible for this cereal reaching the highest point paid for a year jiasL Oats and other farm crops also sympathized sym-pathized as did lUC St hog products Butter But-ter is higher on smaller receipts Sugar Su-gar Is nl the highest price reached at j this time for tn years past owing to aetlvo canning demand and tho strengthened position of raw The wai in China Is chargeable with the advance in teas not only from the former county but from Japan some interruption In I transportation being apparently l ap-parently looked for If the Asiatic trouble trou-ble Increases Heavy rains are complained of in the ontire cotton belt east of the Mississippi Missis-sippi river and the crop Is very generally gen-erally in lime grass The result has boon an advance of Vi on spot Jn creased cost of the raw material Is not balanced by an advance In finished products pro-ducts The contrary Is the case bc cuiise print cloths are He off und prints are c lower per yard Reports from the iron and steel trade are I as pessimistic Jis ever Nominally quotations at Plttsburg arc unchanged but It is claimed buyers can get supplies sup-plies from 1 I to S3 lower AC other markets pig iron and bars among finished fin-ished products are unqiustiunably lower low-er A comparison of present prices with those of a year ago show that pig iron Is little above last year while steel billets bars and plates are all lower The reduction in structural material lias brought little nev business The lead market Is apparently an example ex-ample of the readjusting of price having hav-ing been overdone because It is now stead after two advances from the low point reached some weeks ago Wheat including Hour shipments for tile week aggregate 31S4H1 bushels against 1043180 bushels last week 15 CS09S bushels In the corresponding week of last year 4710401 bushels in S8 277SSIS bushels in 1S97 and 2001 000 bushels in ISJO Failures for the week number 1S5 as compared with 107 last week 15S In this week a year ago 183 In 1S9S 225 In 1S97 and 229 In 1S9C Failures in the Dominion of Canada number IS as compared with 2S last week 23 in this week a year ago 22 In 1S9S 30 in Ib97 and 2o in ISJG |