The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-09-06
TRADE OUTLOOK Is GOOD
PRICES WELL MAINTAINED ON PROD
UCE AND MANUFACTURES.
JObbing Activity Undiminished I'm the
West, Northwest and SOuthwest-
Weekly Trade Reviews.

NEW YORK, Sept. 5.-Bradstreets to-
morrow will say: All available data
confirm reports of past good trade, and
foreshadow as good or better yet to come.
1t has been essentially a week of active
buying in distributive trade and sellers
have occupied an enviable position. Re-
ports as to August trace have been almost
uniformly favorable, and the records of
failures show business mortality to have
been confined to a low summer minimum.
Prices show persistent strength despite the
fact that agricultural products. except corn
and prime cattle, tend lower, owing to the
growing strength of raw textiles and other
materials for manufacture. Corn is not
yet out of danger from frost in the north
ern half Of the belt, and this, coupled with
short supplies, imparts strength to cereals
generally.
Reports of cotton crop deterioration,
caused by hot. dry weather, have scared
shorts and stiffened values of raw and man.
ufactured cotton, but there is a feeling
that the crop-damage talk has been over
done and that liberal yield is still posi-
BILE, though active trade Is expected to de-
mand all supplies of the South's leading
product.
Rather less disturbance is noticed In la
Dor matters, some strikes having been de-
clared off. The anthracite trouble still
hangs over the situation, but the volume Of
creasing. Some wage advances are noted
In widely separated lines. Collections in
the North and West are uniformly gooc,
but, while some Improvement is noted in
the South, room for betterment still exists.
Jobbing activity is undiminished at the
West, Northwest and Southwest, and is
OF satisfactory volume at the East; Dry
goods, shoes, millinery, drugs, hardware,
actively in the demand. Leather sales
were large at the West. but high hide
prices discourage tanning.
At the East the advance in cotton is
stimulating the cotton-goods market. Good
recorders are noted in wooden goods, but
spring goods are meeting most attention.
SILK goods are strong and prices are very
firm. Eastern shoe factories are well en-
ployed, although the complaint Of small
profits continues: Wool is 1zc higher and
tends up, as stocks are not large. Eastern
railroads and steamships report an I'M
precedented business, resulting from re-
turning summer travel
The fuel shortage Is pressing on iron
furnaces. and now the scarcity of cars and
motive power is affecting the movement of
or from lake ports to the Pittsburg dis
tricts.. New demand for pig iron is. how
ever, light primarily because buyers have
booked largely ahead. Foundry iron is 81
higher. Heavy imports of foreign iron and
steel have cut down premiums on immeedi-
ate delivery business. but in the scarcity
of supplies of domestic, no particular in
terest is taken in this. Sales of foreign
made material are very large In finished
products business in rails, bars and sheets
is fair and mills are heavily sold ahead.
Tin plate and wire mills quiet but a
better business is looked for soon with the
growth of full trade. Hardware is appar-
emily as active as ever. Copper is slightly
firmer, while tin is lower.
Wheat, including flour, exports for the
week ending Sept 4, aggregate 6,276 299
bushels, against 5,436.530 last week. 4,4O6 064
in this week last year and 1878, 100 in 1900.
44.6575s6 bushels. against 81. 6s5. CO., last Sea
son and J0,3l7S51 in 1860. Corn exports ag-
gregate 21.196 bushels, against $50 last
week. 550.S76 last year and 3.162,2n in 1900.
For the fiscal year exports are S29, S39 BUSH
els, against 10, 743S45 last season and 1884,
$50 in 1900.
Business failures for the week ending
Sept. number 1873, as against 14O last
week, 169 in this week. last year.