The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-12-21
In ITS MAXIMUM VOLUME
HOLIDAY TRADE HEAVY IN GOOD
CLASS or GOODS.
Immense Activity I'm Iron and steel
Retarded Export Movement I'm
GraIns-Footwear Conditions.

NEW YORK, Dec. Or. G.. Dun & Co.'S
weekly review OF trade tomorrow will say:
Holiday trade reached its maximum this
week, nearly all parts OF the country re-
porting exceptional distribution. While the
class Of goods especially stimulated by
Christmas demand occupied the position Of
greatest prominence. general merchandise
was not far behind in activity. Transport
ing interests were just beginning TO over
come congested conditions when severe
storms made the situation more compli-
Gated than before. IN many industries it
IS not a question Of finding buyers, but Sc
curing the privilege OF postponing deliv-
cries beyond the date originally specified.
Retarded shipments caused higher prices
for prompt delivery OF pig iron and steel
products at Western cities, but c~onserva-
ism still marks the course OF producers
regarding contracts for the future. In a
few eases the enlarged capacity makes II
possible 10 promise concessions on future
business. wire nails especially showing the
effect OF competition. Weather conditions
are responsible for the slower movement Of
pipe. in which concessions are secured. Pig
iron has risen slightly on account Of the
short fuel supply and injury TO ~furnaces by
the tlOIBl. Df1Hllt Alt DAtotAN HABdAaAAtASN
demand. prices are % per cent. lower than
during the imitation Of 1900. indicating the
better basis on which the market is now
established. Although the leading metal
Is enjoying exceptionally satisfactory con-
ditions. 1t Is very different with the minor
metals. owing mainly to the fact that hcti-
tious prices have been asked by the leading
producers.
49, T..IfnD
producers, as a rule. having good orders
for spring lines. although smaller concerns
are not all as fortunately situated. Firm
prices prevail and specialties command
premiums. There is no accumulation of
leather and prices are decidedly firm. In
the textile Industries new lines OF wooden
goods opened satisfactorily. some being al
most Immediately withdrawn, owing TO the
volume OF business secured Advances are
Iaid for certain lines OF WOrsted. In cot
ton goods there is much business offered
but sellers are unwilling 10 accept large
contracts for future delivery while the
raw material market remains unsettled.
Print cloths are unchanged for regulars
with narrow odds arm and Gotten yarns
generally higher.
In the grain market wheat has held fair
~ steady at some reaction from last week 5
exceptionally high point and there Is still
much Western demand for live stock feed
Ing and also Interrupted receipts, which
were only 1854. $50 bu. against 6,I42,J49 IN
the proceeding week and 4,SO2,Ts bu a year
ago. Heretofore this season there has been
a large gain in comparison with the cor
responding period OF 1896. High prices have
at last affected the export movement, and
instead OF the usual splendid gain over
last year. there was an OutgO OF only j.
90, s13 bu from the United States, -four in
Guided. against 4,3S,S0 bu. Corn also Is
well sustained, Western receipts for the
week reaching only 2.5l9.S1 bu, against
5.S1.S5 bu a year ago. Atlantic exports
of III, ga bu against 4,745, 1863 bu a year ago,
agIfa.fn 4ha fnwatnu nfFffuIa fnNggFH IA
rent quotations.
Failures for the week numbered 265 in
the United States, against 23 last year,
and twenty-seven in Canada. against eigh-
teen last year.