The Montgomery advertiser., 1902-05-03
Bradstreet's Review.

l New York, May 2.-Braostreet toIhor | row will say:
 | More seasonable weather throughout wide areas has helped distribution at re- l tail and improved recorder business with | wholesalers. Exceptions to this are fouhd
 in some portions of the Southwest where | a lack of rain affect crops and also in | portions of the Northwest where the re- | verse Is the result too much rain inter- | fering alike with spring wheat planting [ and distribution of seasonabfe Eoods With the exceptions noted agricultural | operations have made good progress and l weather conditions have been fin the main favorable particularly to the eastern 1 portion of the winter wheat belt, the | oats crop generally, the newly planted | spring wheat sections and the larger part | of the cotton belt.
 Exceptional activity continues in all industrial lines and the usual May day unrest, most of it manifested in the building trades, has caused less than or dinary interruptions to operations, partly perhaps because of the ready concessions
 made by employers. Activity in building continues a feature of note and all lines of industry contributing thereto. such as lumber, building material builders hardware and structural material are all in active demand. New business in iron and steel is generally in small lots. not because demand is smaller, but because supplies will not admit of large deliveries. Pig iron is as scarce as ever for inim"- diate delivery, and premiums of E to s are freely offered. The rail situa,ion an unique one. The new rails st $2S are practically unobtainable for prompt de- livery and some old rails fit for relaying are held $4 above the nominal price of new rails. Canadian roads are buying heavily in England. Southsrn iron is very generally sold ahead. Finished products are scarce and high, and some mills are booked with orders far into 1905. Light and heavy hardware Is active Some very large orders for structural materials have been placed this week.
 Bituminous coal is in active demand Deliveries of coke are larger and anlnra- cite is 10 cents higher at retail. The feel ing of this trade is rather nervous owing to the uncertainty as to the labor outlook
 In textiles the feature is the continued strength of raw cotton despite heavy realizing on the sharp advance, which brought spot cotton early In the week close up to 10 cents. This spurt was ap- parently based on heavy buying at Liv- erpool which Is regarded as curious in view of the notably heavy supplies held there. Despite the realizing, however. prices closed higher for the week and the feeling is that the bull market has not as yet eliminated. Exports continue heavy. larger in fact than port receints and visible supply shows a further shrinkage, although the old crop movement has put minimum estimates out of sight and the final yield. it Is conceded. will exceed 10,- 000000 bales.
 
 curtailed consumption and irreguiarity due to strikes. Small stocks at Eastern points are a steadylng element in view of the lack of demand, but at the West buying is heavy at slightly higher prices than year ago.
 It has been a weather market for ce- reals. good crop adyices early inducing liquidation, but reports of dry weather in Kansas and too much rain in parts of the Northwest added to the strong statis- tical position (American and Canadian stock declining 16000,OO0 bushels during the month) and large clearings (particu- larly of Canadian wheaD were stimulat- ing features, later raising price levels to the highest points reached during the week. The primary movement of grain is very small for the season Corn re- ceipts are light and this with dry wealth CT reports, manipulation and sympathy with wheat aided quotations carly but later reactions weakened the market
 A larger business in leather has been done than for some weeks past Shin ments of shoes from Eastern points are