The Montgomery advertiser., 1901-11-23
DUN's TRADE REVIEW.
Many Causes for a Day of Thanks
 giving.

New York, Nov. 22-R. c. Dun & Co.'S weekly review of trade tomorrow VIII say: ,-., ted states was there such reason for day of national thanksgiving. This coun- try has made unprecedented SlrloeS to- ward a position of international supre- macy, not only in commerce, but also III finance. To a marked degree business enterprises have proved successful. An idle wheel in mills or factories Is the exception, while labor is so well employ ed at high wages that consumptlve ue- mands sustain market values of all sta ple commodities. Transportation taclll- ties have been unable to keep pace with the nations requirements. many com com plaining of tardy deliveries which alone act as a brake on commercial progress. By closing lake navigation, lower tenn perature will relieve the railway situa- tion. thousands of cars being restored to inland traffic This same factor of seasonable weather stimulates retail deal ings. and prompt collections swell bank exchanges. Careful search dtscloses few unfavorable factors in the iron and steel | situation. Probably the least satisfactory conditions are found at plate mills which report an uneven distribution or orders A few large concerns appear to secure the bulk of new business, but heavy or ders for cars will largely expand the buy ing while the new combination will put this class of mills on a stronger basis In rails there is no apparent limit to the
  able to guarantee delivery within year. One Pittsburg report places the year output of structural material at bO,o0O tons. Raw material at the South has ad- vanced but at central points pig Iron is steady, though rapidly absorbed.
 Eastern footwear manufacturers are now generally insisting on small advances when new contracts are placed, large jobbers resist the upward tendency and the continued strength of leather Will necessitate depreciation of quality 1T higher prices are not paid. Sole leather is remarkably well sustained with stocks scarce, and upper leather is also firm although in letter supply. Concessions in Chicago slaughter hides have been general, but dry hides are l-2c. higher Cotton relapsed into dullness with bare ly steady quotations, in marked contrast l tu the exceptional activity and strength | of the same work in 1900 when prices were $ll.25 bale higher.
 Foreign markets are held down by Mir. | Ncilrs large estimate of the domestic crop which is not likely to prove as near | the fact IS his excessively low prediction | last year. Losses have undoubtedly been
 severe in many States, while prosperity In all other regions must bring a vigor
 ous demand for goods which is already | perceptible in the activity of spinners. | British exports of cotton goods are much larger than they were a year ago and
 domestic shipments to China have also | increased of late. Return of Fall River | prices for prints to a normal position
 promises activity. especially with the wage scale also settled. These influences are all most favorable for the raw ma l terial. Wool has continued active and
 firm in price. despite returns indicating l that the dxmestc clip was the largest | since 1894. Boston shipments reached d new high record.
 strength Is the rule in the markets for | farm products. Favorable weather dur
 ing the closing days of corn harvesting
 failed to bring any reaction from the
 highest price level In many years and the market was equally ohlivious to Allan
 tic exports for the week of only i50.52i
 bushels as against S,SSS666 a year ago After some weeks of gradual decline to-
 ward a normal position. pork products
 suddenly bounded upwards, regardless of
 weakness in live hogs.
 Wheat holds at about Sc above last
 years price. despite the marked differ
 ence in size of the crops. Receipts foi
 the week were 1i71,-9S bushels agaihs
 7,S03. 700 a year ago while the export
 movement is equally gratifying. especial
 ly from ports on the Pacific. Total ship
 week were 55O7. 407 bushels @inst c,Gli.
 ZIG bushels last year. Spect&tion in cof'