The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1901-10-12
GENERALLY
FAVORABLE
go.
Industry Throughout the United
States Does Not Show Any
Pronounced Tendency Toward
Becoming Slack
DEMAND FOR CERTAIN
GOODS SOMEWHAT DULL
This Is Due Chiefly to the Season
Prices Generally Hold Steady
Demand for Iron and Steel
Continues Brisk Flour Rang
es Higher

New York, Oct. 11.-Bradstreets tomor-
row will say:
Some quieting down In the general de-
mand for merchandise is noted this week,
partly the result of weather conditions.
The lull in the demand for dry goods,
clothing and shoes from Western job
bers is, however, not unexpected, being
accounted for by the advanced stage OF
the season. Bank clearngs show further
shrinkage but are still far in advance of
early years, and railroad earnings,
though showing slightly smaller gains
than of late, note continued and prog
ressive gain over previous years. In gen
eral induftry no cessation of activity Is,
however, noted.
The iron and steel, flour milling, boot
and shoe, lumber and a number of other
Industries are all worked at full speed,
the textile industries are likewise fully
occupied, though the threat of a possible
strike still oVerhangs the print cloth sit
uation.
A slight upward swing in prices is noted
this week, following the general gain in
all staples shown in September, but the
changes in cereals are small whether up
ward or downward. The advance in cot
ton, based on the poor crop reports, light
receipts; the postponement of the FAN
River strike, and rather better trade adj
vices from abroad is trihing one.
The great mass of prices the country
over show few important changes, and
this steadiness, in fact. is a notable fea-
ture by itself of the trade situation. The
feature in sugar is the partial restoration
of the large reduction made in refined
sugar at the West last week. Instead of
the 315 cents quotation of last week, Az
cents is now asked the large orders re-
eeived at the lower price making it GER
tain that the full reduction was an ex-
IRENE one.
Iron and steel continue in active de-
mand particularly for the eruder forms
such as pig.
Hardware is active at nearly all mar
llets and supplies are generally limited.
Special activity In lead and zinc is noted
at western primary points. Copper is in
hand-to-mouth demand here but it is to
be noted that spot prices have advanced
at London. Tin is higher here in SYM
pathy with the speculative advance at the
same market
Among cereal products the feature is
the active domestic demand for -four at
higher prices. Wheat is a fraction higher
on the week. Oats are fractionally higher
but corn is lower, and hog products are
very weak in sympathy with lower prices
for live hogs and heavy selling by pack
ers. The government corn crop report
points to yield of /, $50, 10000 bushels as
compared with a forecast by Bradstreets
of 1,400 COO 600 bushels made some weeks
ago in these columns. =
Failures for the week number 1853 as
against 175 last week.
The boot shoe and leather and kin
dred industries, are all active, and east
ern shoe shipments are fourteen per cent
larger for the week and u per cent large
for the season than a year ago.
The strength in hides and the recent
advance in leather, however is still fur
Their narrowing the margin Of profit in
shoe manufacturing. complaints of this
sort coming from New England points,
This is owing to the advance in leather,
which is well maintained and hides are
three cents higher than a week ago.
Another slight advance in the general
level of staple prices is shown by Brad
streets index number for October l. This
is the fifth successive advance from the
low point recorded on June /. and the
level is now the highest reached for 10
months past
Wheat exports Tuly to date "a weeks)
aggregate S9.56S.17S bushels as against
70. ass 24S bushels last sea son. Corn exports
July to date are a sos. $50 bushels against
IS 002, 939 bushels last season.
Seasonable activity is displayed in Cam
adam trade. Montreal reports dry goods
orders coming in freely. although manu-
facturers of Woolens report fewer orders
from iobbers, and prices are unsatisfac-
tory. Spot sales are fairly good but lea
Their is not as active as expected A good
business is doing in hardware and gro
ceries while butter and cheese tend
lower Fall and winter trade is now ac-
tive and heavy buying is going forward.
Business for October promises to exceed
last year. Canadian cotton goods and fine
woods are firmly held and collections are
good In British Columbia business is
quiet with average collections. Failures
for the week number 80, as against 20
last week.