The Montgomery advertiser., 1901-07-06
BRADsTREETs REVIEW.
Hot Weather and Other Causes Have
 Restricted Trade.

NEW YORK, July 5.-Bradstreet's to- morrow will say:
 Hot weather. holidays and stock taking the first named particularly. have limited the trade in the period under review and caused a practical suspension in indus trial activity in many cities Against this seemingly unfavorable feature. how ever. Is to be noted the fact that good business has been done in all kinds of seasonable products at retail and the check to trade at wholesale has been largely a postponement rather than ac- tual elimination of possible business. The crop situation has on the whole improved and corn and cotton, the two leading crops most in question at present, have gained some of the ground lost earlier in the season by cold weather. The wheat crop is certainly in a favorable condition, because harvesting has gone forward rapidly, and results have been on the whole quite satisfactory.
 Corn shows the heaviest advance for any week for year past on reports of dry. hot weather damage, aided, however, by speculative manipulation and a fair ly good export business. Wheat Is lower on liquidation, induced by good crop re- ports and despite confirmation of the heavy deficit Ill the German crop, the poor French crop and of the short yield in Hungary with doubtful prospects in other countries of Europe. Oats are high- owing to the rather poor domestic crop prospects. Hog products were strong ear Tier. but broke and finished lower on the Wtth OH liQuildllUil GduSch OH DVoA laAuo'
 The feature in retail trade this week has been the very large distribution of all classes of Summer goods. induced by the hot spell. Wholesale distribution has been comparatively limited, but 1t is to be noted that Western jobbers have eX- yer. creed a good reassorting demand, based upon hot weather conditions. The textile situation is fully as favorable as a week ago. Cotton goods production has felt the influence of regularly planned curtaIlments and in addition has been affected by shut-downs due to the heat. The tone of values Is hrmer ana the out look Is regarded as encouraging. Ihe boot and shoe trade is in good shape. Manu- lecturers are making good sales and get the prices they demand and would be freer buyers of leather were 1t not that dealers are slow to permit this Tn view oI the firmer tone of hides and the teeilnS that an upward tendency in the nnlshed product may shortly ensue. In the iron and steel trades, strlkes anu weather have been features leading to unsettlement, but just how much loleness is due to the demand of labor organlza- | tions is hard to measure, because smut | downs of iron and steel mills Tor repairS or because of weather conditions are the | necessary and usual thing at thls periot l of the year. The fact Is that noh-uIl!ol | mills ordered struck by the amalgamateI l society are now running al lull cdpdCltII and the employers claim that they wei | come the shut down of the union mills s' as to allow needed repairs. | DullneSS, due to eNceptlOHdi "eati conditions and to the closing of the Stocl | Exchange from Wednesday until mex | Monday deprived New York stock marke | transactions of importance. The erect Q
 unfsvorable crop advices in the Grange
 and Pacific Railroad stocks was modine
 by subsequent reassuring news The onl
 feature of the market was the Unite
 States steel stocks. which, after the deC
 iaration of l% per cent on the preferre
 and 1 per cent. on the common share
 broke moderately, partly on realizing an
 partly on fears of an extension or tn laaor trouble at the American sheet ste mills to other constituent concerns.
 l June failures were the smallest or an month this year. but liabilities wei