The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1902-01-17
WEEKLY TRADE REVIEW,
Has Been Somewhat Irregular, Due
Mainly 10 Weather Conditions.

Mainly 10 weather Sond'1'oI's.
New York, Jan. 13...Bradstreet $
says:
Trade advices exhibit make Irregular
ity, caused by weather Conditions or
proceeding from the early stages or
the season.
That a considerable spring business
has already been booked is indicated
by the heavy shipments Of merchan-
disc. Speculation is likewise exhibit
ing a broadening tendency. but here
also some irregularity is manifested,
owing to counter currents nj technl-
cal market conditions. The growing
Ease of money is a reflection or pre-
viously reported good collections, roll
lowing active rad in the late months
of last year. There seems some ground
for the complaint that rate cutting is
proceeding actively in railroad circles.
despite the fact that IL sutttciency OF
business exists Tor all, as evidenced by
the continued Complaints OF car short
age. although some improvement is
noted this week in this latter respect.
Iron and steel production is active
beyond precedent for this season Of The
year, and further advances oil 80 cents
and 81 per ton are noted in charcoal
pig, which, is taking the place OF other
grades at Chicago as q result or scare
ity, due to insufficient transportation.
The shutdown Of Chicago
has caused an accumulation OF coke
sufficient to allow several to resume.
The Pittsburg district iron and steel
trade alone is said to be short 5000 cars.
Sc full of orders are American rail
mills that a contract for los, 900 tons for
Mexico went to England this week, no
American bids being received. Wire
and nails lave been weak, but this y
ception was partially renedied this
week by the advance OF 10 cents for
nails, and less ak of outside compett-
dor is heard. Other materials are
weak.
The future in cereals has been the
unquestionable growth of speculative
feeling as reflected in improved outside
or commission buying of wheat and
oats, while flour has also improved in
general demand. Crop damage in the
southwest and reports of exceptional
activity at St. louis have been slim
ulating factors, but all through the
week realizing has been the restraining
feature, sufficient in the case of corn,
aided by freer country offerings, to
bring about a light decline. Exporters
are still declared to be out Of the mar
ket in this cereal and in wheat. and
despite good cables from abroad the
advance in domestic markets has been
so pronounced as to induce talk of re-
shipments of American wheat from
Liverpool.
Wheat. including flour. exports for
the week aggregate 3,507, 40 bushels, as
against 4,41S.471 last week. n 5,9O1,-
095 in this week last year. Wheat ex-
ports, July l to date (twenty-eight
weeks) aggregate 1873. 1927, $40 bushels
last season.
Cotton goods are apparently in a
strong position. Spring. styles of prints
and ginghams have been opened at
eastern markets, but jobbers claim the
season is later than usual. Raw cot
ton was very weak early on continued
large receipts, leading to an increase Of
estimates, but a strong buying move
ment was encountered on the reaction,
and most of the loss was regained.
Wooden goods mills are actively en-
pioyed, plain dress fabrics are meeting
liberal business and orders for mems
wear are such as to stimulate conf
dence in the raw material, which is
fully Il cent higher on the week at Bos-
ton. Shoe shipments are still largely
in Excess Of a year ago.
Failures for the week number 346, as
against go last week and 322 in this
week last year.