The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-11-29
COLD WEATHER HELPFUL
TRADE EXPANDS RAPIDLY AS THE
TEMPERATURE GOES DOWN.
Collections Good Except in Spots
Iron and steel, Cereals and Tex
tiles-Weekly Bank Clearings.

NEW YORK, Nov. 2S.-Bradstreet's to-
morrow will say:
Warm weather has been, and in some
sections is, the only apparent drawback
to distributive trade, but lowered tenn
peratures and early holiday buying have
tended to minimize this deficiency. That
a large, in fact, unprecedented holiday de-
mand will develop is confidently predicted.
all parts of the country sending this re-
port. While weather-dulled retail trade has
affected orders from Western jobbers,
wholesale trade as whole is in excess
Of year ago, and comfortable increases
are expected to be finally shown in nearly
every department of trade. General indus
try is active the country over, manufac-
turers and producers being still urgently
pushed to deliver on orders booked some
time ago. Some improvement is noted in
the transportation congestion, largely be-
cause of special efforts made to break the
blockade at Pittsburg and further west,
but the car shortage is still matter of
worriment to the railroad men and 20 mer-
chants and dealers whose goods are de-
layed thereby. The influence of last year s
crop shortages is gradually disappearing.
Lower prices for cereals, provisions and
finished iron and steel give hope of better
export trade and the possibility Of cutting
down some Of the unfavorable balance
shown earlier this year. Collections are, in
a majority of cases, still good, exceptions
noted being the effect of mild weather in
the Northwest and too much rain in Texas.
There is a rather more cheerful tone in
the iron trade, partly the result of i'm
provement in fuel supplies at the West and
partly the result of larger buying at the
East. Little or no improvement in the coke
shortage in that immediate district Is
noted. Finished products firmer in
tone. This is a dull season usually in the
iron trade, and with the Quieting down has
come some talk of cutting prices at the
West, but confirmation of these reports is
sumers to get supplies. added to the reluc-
fancy of sellers to engage for deliveries
any further ahead than 1903 is taken to
indicate that next years business will be
very large.
Cotton goods feel the stimulating effects
of higher prices for the raw material.
Speclaltles In imported cottons are active
with jobbers; mercerized, products es-
lively employed, those engaged on mems
wear being particularly so. The strength
of raw wool is undated, the latest London
sale showing higher range, while foreign
than new woolens can possibly be exported
tor
Wheat, including -four. exports for the
week aggregate 4,179,6S5 blu, against 5,27,-
and 2,497.SSO in 1900 Wheat exports since
July 1 aggregate Ill, 042. COZ blu, against 127,
SlS.126 last season and 77.79O,267 in 1900
Corn exports aggregate 255,14 blu, against
242,3S1 last week. 1858 last year and 1901,
600 in 1900. For the fiscal year exports are
l.707,337 blu, against 19,153,S17 last season
and 74,6s1. SCI in 1900.
Business failures in the United States for
the week number $50, as against POI last
week. 1s9 in this week last year and 1s4 in
1900.