The times., 1901-03-09
BRADsTREETs ON THE WEEK.
Reports Cheerful With Promises of
an Active Spring Trade.

NEW YORK. March s-Bradstreets
review Of the state of trade tomorrow
will say:
Reports as n whole continue quite
cheerful. Most lines of distribufive
spring trade are active, and the leading
industries are actively employed. Soft
spots are still In evidence In the textile
Industries. particularly In cotton goods.
and raw cotton has again sagged heaVl-
Iy. The cereals. too. lack snap, and dairy
products are weaker. When this IS SAID
however. about all that is unfavorable
has been enumerated.
Railroad earnings continue very good,
clearings are of heavy volume, prices
show considerable steadiness, and, while
failures are larger in number, they are
much less costly than a year ago.
Chicago reports dry goods sales the
largest of the year. with Jobbing houses
working nights. st. Louis reports the
best spring trade for years. Business is
improving at Louisville, Kansas City. Gin
natl Baltimore, New Orleans, Nashville,
st. Paul, and on the Pacific Coast. Wsol
is selling in increased quantity. though
at low prices, at Boston. a feature being
heavy purchases by Philadelphia specu-
I Il tors.
, Baltimore reports that the market is
full of Southern buyers and fertilizer
shipments very large. Charleston reports
the same condition in fertilizers, and New
Orleans a heavy trade in farming impie-
ments and supplies, all indicating heavy
acreage in cotton. Duluth reports great
activity in lumber and in iron ore lands.
Yellow pine prices are reported from Chi
cago to have reached the highest ever PAID
in Northern markets.
Thn Of INF tay
scares is now approaching, but the mar
ket is dull, narrow, and Irregular. Specu-
| lation is almost nil. Corn has weakened
| but slightly on better weather and bear
ish statistics of farm reserves issued and
expected Pork and lard are higher In
sympathy with hogs, receipts of which
are light Mild weather has lowered but
ter and eggs, but coffee is quite steady,
large purchases recently having led to
hopes of bettering the demand.
Cotton goods are working lower at
nearly all markets and now cotton is 5-loc
off in a week on poor trade reports and
pressure of Southern interior holders 20
realize leading To the belief that the crop
is larger than expected. The numerous
predictions of q famine in cotton sup
plies made some months ago by the leao-
ing authorities contrast sharply with the
reports of reduced consumption now
coming TO hand
Wool is moving more freely and the
tone is more cheerful, apparently on the
| idea that prices cannot well go mucn
lower Heavy sole leather Is in demand
| at all markets and talk of 40 cents Tor
| oak tanned comes from Boston. 1t seems
/ to be rather a question of getting sup
! plies than of securing orders at present.
! Shoe shipments are still below year ago
and for the year are 100. 900 cases less.
| 'sFafIures are more numerous, but much
! less costly than year ago Those for the
| full calendar month of February NUMBER
! S69 with liabilities of 1929 0Sl and assets
/ of S3 642. .567 This is a gain OF 10 per cent
| in number over last year and of i pei
| cent over February, 1893. Liabilities are
! only half those OF a year ago and the
! smallest reported in any February ioi
| nine years. -.
! Bank clearings for the week aggregate
| s.. .319, 1876 sos, a gain of 81 per cent over
| last week and of 81 per cent over TINS TINS
| th.. gain is n per cent over last week and
] Il ner cent over year ago.