The Montgomery advertiser., 1902-03-29
Bradstreet's Review.

NEW YORK. March Establishments to- morrow will say:
 second hands this week. Wholesale and job ping distribution of dry goods. clothing. hats quieter. as was only natural in view of the continuation of the Spring demand before Easter. Retail distribution favored by Spring weather, has been very active East and West
 with a fair business at the South. Among the industries new demand for iron and steel has on the whole been less active. but produc-
 tion and shipment have gone forward at
 diminished speed. The building trades have
 taken decided spurt in activity. Lumber is
 active at all markets at higher prices than
 ruled year ago. The edge has rather been
 taken off cotton and cotton goods prices by
 the reaction in the raw material and the
 talk of further labor unsettlement but values whole are steady. Aggressive strength in prices is chiefly manifested by hog products, which 1t is declared have been manipulated by packers. more reasonable explanation, how ever, is that the high prices for beef and nut ton have largely diverted consumption to hog products. Milder weather has relieved the strain on the coal trade somewhat. but strike talk has prevented weakness in prices. Rather less activity in iron and steel is noted. but loss of price firmness is observed. The pecu-
 liar situation of the foundry pig Iron market are Sl higher per ton Bessemer. Finished iron and steel has been active. implement and bars, which nomnally S2 per ton higher. Despite the fact that tin plate mills booked for five months ahead. the leading in terest continues to take orders at s4 per box. Testimony to the activity in hardware is well nigh unanimous. The analysis Of the cotton market, given a week ago, to the effect that the market was on a dead center and that the position appeared to be overbought was firmed this week by the sharp break of nearly
 "a of cent in futures and A of cent in spots. brought about by tired long liquidation.
 more cheerful tone developed at the decline.
 however, and covering in anticipation of the
 holidays recovered portion of the loss. Wool
 is quiet. Mills busy previous orders.
 Mems clothing is dull Boots and shoes are dull and business is smaller. Ship
 ments for the season are trifie smaller than
 last year. Leather is quiet and hides are dull and easy.
 The leading cereals are irregularly lower af- ter apparently futile effort at pulling prices. Last weeks decline brought in considerable export business in wheat and some revival was reported even fin corn. Steady buying and talk of the squeeze in corn were reflected sym pathetically in wheat. The talk of a corner in contract grades. but the tendency to take profits in anticipation of the holidays weak ened prices. which generally closed lower than a week ago. Wheat crop advices have on the ports of damage in Kansas and Oklahoma have been received. These. however. do not agree with Bradstreets reports of liberal rains in the Southwest and the improved feel tion. Wheat. including -four, exports for the week aggregate 2.eo4. no bushels. against 1. 32S BOA bushels last week and 4.494. 5eo l. 1901. to date aggregate Ie4. .3ee, o4I bush els against I4e. e23.424 bushels last season Corn exports aggregate 3e.2o5 bushels
 against 339 set bushels last week and 5s2,- corn exports are 24. 34. l7o bushels. against i43, 966. 337 bushels last season.
 Business failures in the United States for week. Ise fin this week last year, I7e in 800 leo in 1899 and 226 in 1898. Failures in Canada for the week number 20 as against 26 last week and 2e year ago.