The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-10-12
TENDENCY TO QUIETUDE
ACTIVITY NOT so IN 4 FEW
COMMERCIAL LINES.
Iron and steel. However. and Foot
wear Are Moving RnpidIy-Im-
proved Textile Conditions.
NEW YORK, Oct. n.-Bradstreet's to-

NEW YORK, Oct. 11.-Bradstreet's to-
morrow will say:
Some q~uieting down in the general de-
partly the result of weather conditions.
such as rains in the Northwest and
warmer weather in the West. while at the
South the restricted movement of cotton
still checks trade and collections at several
markets. The lun in the demand for dry
goods, clothing and shoes from Western
jobbers is, however. not unexpected, being
accounted for by the advanced stage of
the season. A slight upward swing in
prices is noted this week. following the
general gain in all staples shown in Sep
TENDER. but the changes in cereals are
small. whether upward or downward. The
advance in cotton, based on the poor crop
reports, ligh receipts and rather better
trade advices from abroad, is a trihing one.
The great mass of prices the country over
show few important changes, and this
steadiness. in fact. is a notable feature by
itself of the trade situation. The feature
in sugar is the partial restoration of the
large reduction made in refined sugars in
the West last week.
Iron and steel continue in active de-
iiAdAu, par llCuldIlg lOI the CEuueT lOILlS,
such as pig and finished products affected
by the recent strike. The exigencies of
demand for some products are illustrated
by the fact that SIS a ton has been offered
for steel billets at Pittsburg for immediate
delivery, but not accepted. although the
nominal price is but SIC, at which price
future orders are being booked. Heavy
sales OF steel rails for 1902 delivery are re-
ported at the West, and bars are 81 a ton
higher at Chicago, with Northern pig 25c
and Southern pig soc higher. Hardware is
active at nearly all markets.. and supplies
are generally limited. Some weakness in
nails is noted at the East, Notwithstanding
active demand, but at the West wire nails
are behind on orders. Special activity in
lead and zinc is noted at Western primary
points.
Among cereal products the feature is the
active domestic demand for flour at higher
prices. Wheat is a fraction higher on the
week on a belief that following the recent
decline caused by the heavily increased
movement at the Northwest and the gain
In visible supplies some reaction Is due.
Corn is lower and hog products are very
weak in sympathy with lower prices Tor
live hogs and heavy selling by packers.
Wheat, including flour. exports for the
week aggregated 4,719,S 9S blu. as against
6,l90, I49 blu last week and 1922, $50 in this
week last year. Wheat exports from July
/ to date aggregated 50. 56S. IFS bu, as against
90, 45S, 24S bu last season. Corn exports ag-
gregated 61S, 246 blu, as against G7, 924 bu last
week and 2,S96, 0S7 bu last year. From July
l to date C. corn exports are ~14,So5.OSO bu,
against 5000, 1913 bu last season.
The boot, shoe, leather and kindred in
dustries are active, and Eastern shoe ship
ments are ii per cent. larger for the week
and II per cent. larger for the season than
a year ago. The strength of hides and the
recent advance in leather, however, is still
further narrowing the margin of profit in
shoe manufacturing.
Failures in the United States for the
week number 1S3, as against 175 last week,
20 in this week a year ago and 164 in 1899"