The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-11-08
WEEKLY TRADE REVIEW
REPORTS FROM ALL SECTIONS
SHOW PROGRESS.
Large Distribution Of Heavy Goods.
Complaints Of Slow Freight
Movements Still Heard-Cot-
ton Supplies Easy.

New York. Nov 7.-R. G. Dun a. Co.'S
weekly review OF trade tomorrow will
say:
Trade and industry are making steady
progress. reports from all sections Of
the country containing evidences Of
wholesome development An unusually
large fall distribution is had and current
transactions in heavy goods are large.
considering the mildness of the season.
Complaints of slow freight movement are
still heard, testifying to the enp-m ous
volume of business handled by the rail-
ways which :tEort earnings for October
per cent cent ds 5san last year fss ana
pectation when manufacturing plants
have not contracts Assuring activity for
many months and annual INVENTORIES will
be taken with difficulty owing to imoor-
proportloned to consumption as shown BY
Drn's Index Number. declined about ]
per cent. during October, t99.579 co,npar-
ing with sl0064S. The decrease ccurred
in meats and fuel. mainly the latter.
The only development of note IN the
iron and steel market has been the 10
per cent. reduction in price of tin plates
to take effect December l. While some
change was anticipated. the trade was
not prepared for 50 'arge cut. If the
recent lowering of price lists In certain
sections Of the market should stimulate
foreign trade, there will DE occasion Tor
qualification. as some exceptional export
movement Is needed to offset the heavy
imports of pig iron and billets. Many
furne ces have been compelled to bank
because OF the poor receipts or coke ana
there is little evidence Of Improvement In
the railway situation, motive power be-
ing utterly Inadequate. Contracts run
far into the future In structural MAZE
rial for bridges and buildings, while
plates are sought by car works and ship
yards. High premiums are stall paid for
~ Hafi hut ahipnnantR
on old contracts placed at regular list
prices. Recent enlargement of facilities
has greatly increased production in many
lines which explains the slightly easier
tone Of the market as a whole, but there
Is no evidence of diminished demand nor
unsound conditions.
Taking Of inventories interrupts work
at New England shoe shops and Will
that cutting will not begin on the large
contracts already placed for delivery
during the first quarter of next year.
Shipments continue heavy from Boston
increase over the corresponding period
last year. The tone is remarkably strong.
Jobbing trade Is comparatively quiet, ex-
cept in Pennsylvania and mild weather
has restricted retail sales.
Some decline In the raw material did
not produce any lower offering prices for
cotton goods although 1t made buyers all
the more anxious to delay placing con-
tracts. AS result the movement 10
only for immediate requirements, but
supplies of staple cotton are not burden
some, and there are complaints that old
orders are not being filled according to
contract. Export orders are limited.
Business In woolens is light and the
chief inquiry heing for sample pieces
which are not delivered as rapidly as de-
sired. Quotations are fully maintained
for woolens and worsteds as might be ex-
pected in view Of the continued strength
of wool.