Barre evening telegram. (Barre, Vt.) 1898-19??, 1902-09-06
'THE STATE OF TRADE.
Comment by Dun's Review on the
Business Of the Week.
STEADY PROGRESS NOTED
Agricultural Conditions Less Salts
factory. HOvvever-Pressure In the
Metal Business Lessons Au-
gusts Failures Light.

G NeW IOrk, sept. o.-R. ". DuH q
Co.'S weekly review of trade says:
Steady progress is reported in trade
? and industry. Distribution of mer
> chandise is heavy, and healthy tone
| is evident. Prices are well maintained
by liberal consumption. which more
; than neutralizes tie effect of enlarged
facilities for production. Domestic
conditions continue much better than
those existing abroad, and home trade
receives more attention than foreign.
commerce. Farm products have appre-
ciated In value owing to less favorable
weather, and producers will be fully
compensated for any decrease in guam
tity by the higher quotations. Wall
street provided the most striking event
of the week. sales of securities exceed
ing all recent records, while the aver
age quotation for the sixty most active
railway stocks attained new high
water mark. The violent rise in prices
was especially remarkable in view of
! the fact that tight money was imm-
nent, and coal road led the advance
despite four months of idleness at the
mines
Better deliveries of coke and liberal
receipts of foreign material have less
shed the pressure in the iron and
steel industry, and the situa ton is a
little less consested, while quotations
In few lines have weakened. Do
nestle demands are not decreasing.
mncb new business having been placed.
and home consumption will continue TO
call for imports or large scale. Each
week brings out new records of coke
output. the upper and lower Connells-
vile regions together having surpassed |
3OO'W tons, and the holidays gave the
railways an opportunity to relieve the
congestion. Unless rapid progress is
made before the close of lake nayiea
non, less than two months hence, the
will become serious. Sales OF
coke at Chicago above $40 indicate
the urgency Of demand. Higher freight
rates to the Ohio river will become eff
Fective on Sept. Is, which was general
" anticipated New plan are being
added to the productive capacity ~
'apldly as possible. but in railway
equipment. especially steel rails. or. .
lers are already placed for much OF /
lext years output. G
Agricultural Condition., {
Agricultural conditions are less sat. +
sfactory, and. if the official estimate t.
o to cotton is not exaggerated, the U
ield will not be large enough to sus. "
AIN consumption at the present rate. R
narp advances in quotations will 3
luckily curtnil spinning. however es- ~ ~
eclally in foreign mills. which will v
fj4.. the reAu9ns Of demand and n
ippiy, On the other hand; there is % o.
# time for improvement on southern "
antations, and better results may be |
cured H. m the second picking.
heat is coming forward freely, though
rPirS do not equal the abnollnally
"vy movement Il year ago. G0705I2
lsIl"ls comparing with 7.445,923 a A.
III ago As but Il small percentage
adcs up to contract there is difficult o.
in III king deliveries. and the pres
ne to rover 10y the short account ad-
need quotations. Foreign buying is A'4
Z, RAJ. exports from al! ports for the &C
eek amounting to 1000. S96 bushels
s;l;n>t 3.s';l 4>3 last year. Corn de- 81
Hoped r.ngth because of f airs that .
Jury would he done by frost. and the ~.
uN cmrit is very slow compared With
st years figures.
COMMERCIAL failures during the mo.!th
August numbered $40. involving S.. -
Is. 52.t IN amount of defaulted liali!i-
rs compared with SOB last year TO.
}. 4aS.SGt. In manufacturing there
ort 2l3 defaults for s.. 1872. $50 against
- 4 year ago involving S4.Gl1.STn.
rading failures We're $50 in nulnhY
vi S333::h}, rs in amount compared g..
it'll 30, last year for ST. ia. 1U.. or NN
oktrS ir:nsporters. etc. there wtIa
suspensions Involving 1919. lS7. 6
'uinSt ~ in 1901 for $.i12SNi. Four or
mixing and financial failures occur an
d. With liabilities of ST. ltS.7JO com WI
red with SiU6.tt) 4 wear ago a. wi,
:ictically all the liabilities of fit!uci an
y defaults were provided ny a single to
Itulist and the speculative losses in n 2
ukprM4r and real estate were ais. ~ ~
roe ii follows that the strictly mar /
:lil' bankruptcies during Angus. clu
Eve oXcVp ionally light. and it is f. an
is diyi>i, alone that the failures If GO &c
# '"r "ur Of the future and ind" ,'' !? z
t. liz course in the past -