Show I OUTOOK fOR BUSNE Backward Spring Weathe I Has Retarded Trade CEREALS HAVE TAKEN A DROP Evidences Accumulate that Active jttissionary Work i Favor of Lower Low-er Prices for Iron and Steel is at rces I Lnst Bearing Fruit Other Metals Show Little Change Copper Being in Good Demand and Lend is Strong at Previous Prices More Inquiry is Noted in Raw Wool yool Now York April Bradslrecls tomorrow to-morrow will say Backward spring weather conditions have tlgured 1 considerably consid-erably In distributive tratio reports this week and In connection with HOIHO weak connce nova In prices of leading stocks have Imparted Im-parted an appearance of It regularity to tho general sItuation Another of those downward swings In the prices of agricultural agri-cultural staples Is I exhibited this week in slightly lowered prIces for the cereals pnilly because of the bearish position of Immediate supplies und partly because of the better than expected Government crop report which Is tnktui to Indicate a pu I slblo winterwheat yield I In excess of all records rccolls Tho crop outlook as 0 whole favors time expectation of L large yield of corn and of cotton Corn andoata have sympathized sympa-thized with the reaction In pork products which reaction however has not been l universal as hown by thu fact that laid is at tho highest point reached on thu present boom Cotton exports in March were threo times th03oof year ayo In value and for seven months arc 7 per cent greater in value while 20 per cent smaller In quantity t Evidences accumulate that uiltvn missionary mis-sionary work In faor of lower jirlcies for Iron and slool l Is I at last bearing fruIt Prices were ro lower and stocks as a whole arc iajin < < l to I bono larger than a moil I h ago but steel products havo weakened weak-ened noticeably nuring tho week billets showing time sharpest decline with corresponding cor-responding decreases In tomo otlnr products pro-ducts Tho other initials show little chin goon go-on Limo week copper being In continued good demand and firm v hllo tin Is pec ulatlvcly weak und lead Is 1 strong at previous pre-vious prices Tho hardware trade returns report tU a whole relatlvolv best l advices coming from Western distribute elnter A slight upward swing In cotton is i to ho noted this week and Southern mills have advanced prices On the other hand whllo the mills are active on old orders now busljoss Is I reported of smaller volume vol-ume Some more imiulry Is 1 noted in raw values wool without however affecting The strength of raw gugar Is a reflection reflec-tion ehiflly of tho f lc that a considerablo I shortage Is looked for In tho supplies of cane sugar not only In Cuba but in the far East The margin between raw and rcilnfcd allots of no profit at present prices Anthracite coal is I ratlur weak at the declino shown from Iho I wIn tor list but bituminous Is I strong particularly on account Vhojit including flour shipments for tho week aggregate 2 SM603 bushels as agahiKt aS2 C j3 biisluls last I week 1PSX01 biiFhels In tho corresponding week of 1S J UjGW bushels hi lS 1511012 bushels In 1S37 amt l L01T570 bushels in lIW Sinro July i 1st thl < senion limo t export1 of wheat aggregate i ag-gregate LVJIKnJ W against 100329ira bushels I bush-els last your and ISSLTllU bushels in KITOS Business failures for time week number I JjJ as compared with JS2 In tho United I Stales last week 213 In this week a year ago IMS I In IJrtS 10 > III 1SOT and ill tin ISW J KalliinS In Canada were rr cnniparcJ with loM week and in I this week a year I ago 27 In 1S3S 59 in IK 7 and 31 In iso |