Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1902-01-20
Rradstreet,s Review.

Bradstreets review SAYS: 49,,
The usual January thaw In prices arrived
this week and securities, food products, partic-
ularly the cereals, pork and dairy products;
copper among the metals, have all weakened
and closed lower on the week. The causes for
this movement have been in many cases teen
meal and the general trade situation has not,
on the whole, been weakened. II. anything, IN
fact Improvement may be expected 70 IolioM'
High prices had killed on export trade, put
this seems to have revived this week on the
decline. In distributive trade the situation has
certainly improved. A larger spring business
has been done in cotton and woolen goods;
Advfces from the west are Of an enlarged
spring jobbing business and collections remain
satisfactory. Northwest advices are particularly
good, agricultural implements and dry goods
being ordered and shipped in large volumes.
Trade in the southwest continues satisfactory,
but the lack of needed moisture for the winter
dull the edge OF trade. More is doing in lead
ing eastern textile markets. prints and ging-
hams moving we'll with jobbers, while good
business is also reported in wooden goods,
though new prices made are rather lower thah
There is even some improvement noted in
southern trade, largely the result OF hrmer tone
of raw cotton,
first In the volume of new business and IN
production, although the bulk OF IL is Tor GellF-
Gar shortage is shown to have materially
reduced the December output OF pig iron; safes
Of the latter this week have been very neeVs;
Il at PittsbUrg and at a premium and the same
is true of steel billets. Conservatism IN the
matter OF advancing pig iron prices rs stll
noted Southern producers announce that they
will discourage any advance beyond Sl2 for NO.
at Birmingham. Conservative plans may
however, be disarranged IL the scarcity becomeo
more acute Predictions Of advances In foundry
changes this week. Finished products tend
higher. Copper has been cut to the bone this
week and II cents is the nominal price, Out
claims are made OF sales as low as 1O1z cents
without any particular improvement in demand
reported, although exports are large. ,.-s
The boot and shoe Industry looks FORWARD
confidently to an active spring business Al
though the question Is not settled. II is gen
The cereals have been active and excited
IiquidatiOns by disappointed longs was a Iea-
ture early and prices crumbled. aided by the
suspension of a prominent western operator ana
~ wheat crop advices. not enough moisture be-
ing reported at the west and southwest, were
sustaining features later, but the main element
seems to have been the awakening OF better
Flour acted In sympathy with wheat and here
also a better export demand appears 10 nave
been evoked. Corn and oats were on IN SYM
pathy, but are still above export level:
Wheat, including flour, exports for the week
aggregated 4. COS, 202 bushels, against 3,561,Il0
last week and 1885, 54 in this week last year.
Wheat exports July 1st to date aggregate
1Ss 43 bushels against log 1853 6s4 last season.
Corn exports aggregate 29S,O9S bushels, against
166, S73 last week and 5.1S4, 800 last year. July
LIST to date exports are 2I,255,7l7 bushels,
against 107. $50. $50 last season.
business failures in the United States for the
week number POI, against 3i6 last week, go in
this week last year, 255 in 1900. 262 in 1895
canadian failures for the week number 81,
against 90 last week and 50 in this week a year
ago.
naN.H--L Ds..s E-,,.A - n-.I,,-.