The age-herald., 1901-10-26
TRADE OUTLOOK
 CONTINUES GOOD The Holiday Trade is Opening
 Unusually Early PRICES OF STAPLES FIRM Each Week the Situation as to Iron and Steel Becomes More Encour- aelng-A Slight Increase
 In Failures.
PRICES OF STAPLES FIRM

New York. October 25.-R G. Dun & Co.'s weekly review of trade tomorrow will say:
 With mills, shops factories and fur naces assured of full operation until the end of the year as a rule, and many con tracts already running far Into 1902, there Is no occasion for anxiety regarding the industrial situation. Jobbers are still ur- gently asking prompt delivery by manu- lecturers of staple Iines while opening transactions in fancy goods for the holi- days are unusually early. showing that dealers anticipate an early trade. Distri- button of heavyweight wearing apparel and other seasonable goods is checked by tardiness of low temperatures, which is extremely fortunate in many cases where makers have been unable to fill or ders according to specifications, Prices of commodities rule firm. and collections are satisfactory, even southern payments coming forward promptly now that the tardy cotton crop has begun to move freely.
 Each week the situation as to iron and steel becomes more encouraging, orders uOW IuIlnlIlH LO the IIluQl6 Ol lJUH III many finished products.
 Pig iron reflects the brisk movement in finished products, and higher prices are anticipated. Coke ovens are active, and the output is large. but lack of cars and motive power restrict shipments. Coal de- liveries are similarly retarded.
 Eastern makers of boots and shoes are still engaged on late orders for winter goods, and contracts come in freely from the west for spring lines. Prices are un- changed but the rise in leather makes it difficult to defer advances, while dis tant contracts are not sought at current rates.
 In woolen goods conditions are quiet on account of the warm weather, but mills are fully occupied and producers of knit goods have orders for some time. In cot ton goods the situation is disturbed by the action of a large manufacturer who advanced wages 5 per cent a short time ago and again this week announced a per cent rise to go into effect on Novem- Der f.
 More satisfactory prices are received by domestic wheat growers, last years fig ures being surpassed notwithstanding the largely increased yield harvested. Smaller crops of other cereals and hay caused the use of much wheat in fatten- ing live stock and with lard more than cents above last years prices and mess pork 8 a barrel higher, this has been most profitable proceeding. Foreign buy ing is also heavy exports for the week, including flour, amounting to 4S94,9 9SS bushels, against 3,954260 last year, and 3188, 492 in 1S96 There is also tendency to hold back for still higher quotations as indicated by Western receipts of only 6,812, ,393 bushels against 0S7 bushels a year ago. Corn was supported by esti- mates of a reduced yield in Roumania and splendid increase in Atlantic ex- ports to 1,l94,009 bushels against 501 1855 in the preceding week. but the current outgo is trifing compared with 2,716,5S2 bushels last year, and 3,554,3 ,313 two years ago.
 Cotton lost part of the recent advance owing to heavy port receipts and the fail ure of frost to appear as early as ex- pected. Picking progresses rapidly and good yield Is almost assured.
 Failures for the week numbered 240 in the United States against 205 last year and 29 in Canada against B last year.