The Montgomery advertiser., 1902-08-23
BRADsTREET's REVIEW.

New York. Aug. 22-Bradstreet's to-
morrow will say:
Trade developments are still largely
favorable, fall jobbing activity being
widespread, and reports as to collections
are more uniformly encouraging than for
a long time past. Weather conditions
have not been altogether favorable TO
corn at the North or cotton at the South,
but decadence in crop prospects is still
largely a matter of trade sentiment
rejecting some reaction from earlier
buoyant agricultural prospects. Indus
trial activity has apparently never been
surpassed. Harvesting, except of corn,
has been completed except In the more
northern sections, and results in these
latter respects are more or less secure.
The high prices of cattle. sheep, hogs and
produce are tempting and inducing large
shipments, which seem destined to cause
natural downward drift in prices
Fan trade is now. in full swing at most
of the leading centers. Buying of dry
goods, shoes, clothing and millinery is
liberal. Some sections particularly the
Southwest report the best trade in years.
But withal there is tone of conservatism
which tends to prevent speculation and
any excess which may result In over
loading.
Almost uniformly good reports as to
collections come not only from the west
and northwest, but from many parts OF
the South, where trade is picking up.
Some shading of the rosy crop condi-
tions noted for some time past Is reported
III IelegramS 10 1rdOStTeSlS. spring
wheat harvesting has been interfered with
in some cases by rains, but final promise
has not been materially impaired. The
weather in the corn belt has been too
wet and cool for the best progress of that
plant. Complaints of hot, dry weather
causing shedding of cotton. comes from
the South, but in Arkansas. in the Mem
phis district and in the ncighborhood of
highly favorable. That the crop will be
earlier than usual seems certain. Rice
in Georgia, Louisiana and South Carolina
promises to be large crop.
Raw wool Is rather firmer on the whole,
based on moderate stocks the activity OF
the mills on fall trade account and the
freedom with which the buyers of mems
wear material for spring delivery are TAX
Ing hold
Lack of fuel threatens to make the
shortage in pig iron acute. In the Pitts
burg district the long standing complaint
Of car shortage has eventuated in the
Of coke, of which there is plenty at
Connellsville Pittsburg appears to
have outgrown its railroad yard facilities
for one thing, and the fear is expressed
that many pig iron contracts for the
second half of this year may remain I'M
tiled. A shortage of coke existed at
Chicago however. while Baltimore COM
plains of a dearth of pig iron and foun..
is reaching Chicago. 10000 tons of billets
having been sold there this week, but II
is claimed that this material ls making
little Roadway at Pittsburg- Pig iron
is in demand at Chicago for Southern
account, scarcity of some grades being
noted there. Rails and structural ma
terial are in as heavy demand as ever
the country over The effort to induce
the tin plate workmen to accept a wage
reduction in order to capture orders
which would otherwise go abroad mas
not as yet been abandoned. The wire
trade is a little stronger. but the sheet
trade is dull. Hardware is in exceptional
demand as heretofore and machinery
manufacturers are very generally
crowded to keep up with orders.
Wheat and flour exports for the week IS
ending August q aggregate 5,s54944
bushels, against 1881 sos last week and
6 COG, $50 In this week last year. Wheat
exnorts since July aggregate 32.944.I61
bushels against 5O,67s,9S7 last season;
Corn exports aggregate 81 Gay bushels
against S4l3 last week and 523,@3 last
YEAR. For the fiscal year corn exports
season. The shoe and leather trade ls
in an interesting condition. Buying OF
shoes Is active at western points ana
manufacturers are busy, while tanners
sales are large At the east Phiiadel-
phia manufacturers are BUSY ana mos, s0ie
leather is active. The new I'm. Ia1.
Industry, while in better shape than Tor
some time past, reports little money on
the business. Leather tends upwards ana
hides are very strong. SHOE shipments
from New England points are showing
gradual gains from week to week Dul
are still below year ago for the week
business failures for the week number
Isl as against ISL last week Isl In this
week last year. In Canada Tor the
week 26. against 2SS last year.
- - -, . rrrVr-D ru,cr .S,ot,n.