The Minneapolis journal., 1902-11-01
FOR SPRING DELIVERY
HEAVY VOLUME OF BUSINESS BEING CEN.
TERED ON THAT BASIS.

New York, Nov. 1-Bradstreet's today says:
Confidence in the outlook for next years busl'
ness is notable feature In the trade situation
The volume of orders booked for next spring
delivery is large for this season OF the year.
ana is explained partly by the exceptionaily sn,'
and the large crop yields of the year, and also
by the good position of the winter wheat
crop as cold weather approaches. The absence
of killing frOsts at the south has allowed or
the maturing of considerable top crop or cot
ton. This has helped the trade situation there
while acting as brake upon the tendency OF
the price of that staple TO advance. The de-
mand for wheat has been active on milling ac-
count. the Pacific coast bcing reported buying at
northwestern markets
| steady. Distribution and the outlook IN the
dry goods trade generally IS very good.
The great rush of fall buying at the west Is
now over. but orders good, although colder
weather would benefit retail trade materially. a
feature is the confidence with which the buyers
take hold of holiday goods and give orders for
| but hesitation is still noted at some southwes-
tern markets. The winter wheat crop is all
| In, and most of 1t is up and growing finely.
At the east retail trade needs steady cold
weather to stimulate demand, but jobbng bust
ness feels the effect of the lifting Of the coal
| embargo.
| business has heretofore been marked shows signs
Of hesitaion. That is iron and steel, finished
products Of which. apparently because OF high
prices. have tended to accumulate. Where price
| reduction has occurred, however, new business
has come in gratifying volume. For the cruder
forms, particularly Zig iron. rails and bridge
and structural lnuterial, no loss of strength Is
noted The larger movement of anthracite coal
has as yet apparently affected eastern iron fur
naces but little, and the scarcity of coke holds
down production In the Pennsylvania valleys.
The scarcity Of pig iron is illustrated by the
fact that sales for the middle of next year are
being made at $21.75 per ton. while Immediately
the supplies are scarce at $25. The acceptance
of reduced wages by the tin plate mill hands
will enable American mills to capture orders for
/ 800. 90 boxes Of socalled drawback plates.
| Eusncss failures in the United States for the
week ending Thursday, Oct. 3d. number 1e4 as
against 1o4 last week, 172 In this week last
year, 165 In 1900a 174 In 1909 and .1S3 in 1898.
In Canada for the week a.. as. against % last
| year.
Wheat, including -four. exports for the week
ending Oct. 80 aggregate 5981 $50 bushels.
| against 7,O6O.417 bushels last week. 6.672 1888
bushels III this week last year, and 3,612, AL
bushels in 1900. Wheat exports since July i
aggregate 81, ,42s 9S7 bushels against 106, 728,-
09 bushels last season, and SO, s47, ,,b64 bushels
in 1900.
Corn exports aggregate 15s,2o5 bushels. as
against 81, ,54 bushels last week. COG, ,1a0 bushels
last year and 1920, ,110 bushels in 1900.
For the fiscal year exports are 1,796.03S bush
els, against 10, ,739, 200 bushels last season and
81 $3.50 ,452 bushels i'll 130o.