The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-11-08
BRADsrREET's REVIEW.

New York. Nov. 7.-Bradstreet's to-
morrow will say:
Jobbing trade has continu 81 active at
most markets exceeding last year; spring
sales ars of good volume. indicating con-
fidence and enormous shipments OF all
classes of merchandise have congested the
railroads already fully occupied in trying
to ship supplies of fuel to consumers and
grain crops to market. Warm weather
early in the week retarded retail trade
and slightly affected some collections
but colder weather West later on stimu-
lated demand for heavy goods and gives
promise of betering final distribution ma
terially.
The mild, open fall season has. how
ever, been valuable to the farmer. en-
abling complete farming preparations
and insuring a satisfactory beginning to
the wheat crop, besides allowing the late
cotton to mature and facilitating outdoor
work, such as building. to progress rap
idly. Good collections are the rule few
exceptions to this being noted. and these
only where rapid marketing of grain has
been interfered with or retail demand for
heavy goods has been held In allegiance.
Failures are fewer than last year and
the liabilities for October were less than
in all but one of the past ten years.
Prices show great steadiness, those In
creasing or remaining unchanged faS out
numbering those declining. With in
creasing movement some weakness in the
cereals and cotton Is noticeable, but this
is construed favorably because being
likely to encourage export business which
however. compares quite favorably with
prices. The labor situation is quiet and
favorable influence for continued peace
Is the disposition on the part Of the rail-
roads to grant wage advances
A feature of trade is the immense vol
ume of merchandise moving to Western
consumers. Railroads report cars and
locomotives alike scarce. New buying
for spring account Is of good volume and
hal tpad % fa moran EfnR At the South
warmer weather has allowed OF the con-
tinued maturing and close picking of the
crop and the estimates of the Anal yield
tend upward Eastern markets report
increased demand from the coal sections,
offsettang less active wholesale demand
from other coal sections. Retail trade is
improving and a heavy business Is looked
forward to.
Hog products are firm in sympathy with
lard which ts practically cornered.
Cotton goods remain quite active and
strong, despite the shading in raw cotton.
The WOODEN goods trade is improving
Raw wool Is very firm and supplies are
closely held.
Iron and steel show little change There
Is a possibility that the hull in the de-
mand for iron noted of late has been
misunderstood. With the increased out
put for next year already booked, stead
mess in the crude form seems absolutely
certain, but the question whether pres
ent prices for finished material Will cur
The fuel situation Is conceded to have
an important bearing. Coke Is very
scarce and fully a score Of Eastern fur
naces are banked. Independent producers
more than the quotations set by the lead
ing producers. There Is waiting ten
dsncy in the independent trade and new
business is not large. Steel rail makers
are still busy and an immense tonnage
will have to be carried over into next
year. Car builders are purchasing large
quantities of plates for next year. The
reduction in the prices OF tin plates was
rather larger than expected. Some other
products are weak.
: Small dealers in lumber are less active,
but wholesalers report manufacturers still
behind on orders. A new war has broken
out in the sugar trade, the Pacific coast
beet product contesting Eastern markets
with that of cane. Raw sugar Is firmly
held on expected worlds crops being
shorter, but the refined Is weaker, partly
owing to the war talk and partly because
the canning season Is about over. Com
olaint that there Is no profit in the
leather business still continues. Hides
seem to be the keystone of the situation
and as they remain firm, they give tone
to the entire market.
business failures in the United States
for the week ending Thursday, November
6, number las as against 1874 last week,
1911 in this week last year, 16l in 1000, 1&
in 1899 and 1877 in 1898.
Wheat. including -four exports for the
week ending November g. aggregate 8, as
SIS against 5,5s9, $50 last week, $500 ,646 in
this week last year and 3,555,507 in 1900.
wheat exports since July ! aggregate 81
ia, 492 bushels against 112.1sS, 5S4 last sea-
son and g., 403, Oh in 1900.
Corn exports aggregate 13O.S4O bushels
against l52, 205 last week, 70S.2S4 last year
and 3,2S7, 67 In 1900.
For the fiscal year exports are 1,926.SSl
bushels against 11,447,66 last season and
90, 66s ,079 in 1900.