Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1903-08-19
Neg YORK.

- Trade adyiees from
neF YORK nearly every section con
-@ tinue TO show as favorable
conditions as a year ago, aud IN many
lines the volume Of transactions has been
Increased. Jobbers report fall business
opening with excellent prospects. and
manufacturing plants are well occupied.
with the exception of the cotton mills.
Distribution of merchandise is so heavy
that railway equipment already proves
inadequate, although crops are not the
factor that they will he IN a few weeks.
Earnings for July exceeded last years
by l2.T per CEN aud those of 1901 by
20.2 per cent" according TO r. G.. Dun
x Co.'S Weekly Review Of Trade. Con-
t%inuing. the report says:
On the whole. news from the farms
is less favorable. but no serious curtaiI-
ment is assured. and many sections made
very bright reports. A decline of 10
per cen in the cost of commodities dur
ing July is evidence that prices are less
inflated, since the change was mainly in
meats and other food, which have been
ruling at an abnormal position.
Consumption of iron and steel is on a
large scale, and in many departments
the last week has witnessed the signing
of numerous contracts, but there is a ten
dency to delay purchases beyond early
needs. This conservatism is not surpris-
ing in view of the uncertainty regarding
the security and financial markets, to-
gether with considerable interruption TO
structural work through labor contrc-
y~ersies. The rate Of consumption and
the moderate size of orders, however. in
dictate that stocks are running low, which
encourages furnace men and mill opera
tors 10 hold quotations fairly steady.
A moderate tonnage of pig iron has
been ordered, and in partly finished pro-
ducts the best feature just now is the
tilding of agricultural Implement max
ers. More pig iron was imported dur
ing July than anticipated. ami German
bElets are still offered at Pittsbrrg. bat
the domestic makers announce tlieir in
tention Of meeting foreign competition.
There is less pressure for tin plates, the
peculiar weather extending the canning
season and giving more time for deliy-
cry of cans. There IS full occupation in
al, bra 1ches of this industry, and in mer-
chant pipe also the mills have full order
books Tor many months.
Nh change is noticed ia the attitude Of
cotton goo,ts. Buyers appear deterniin-
ed TO postpone business until the read
justment Of prices for raw material. 0w-
ing TO the gradual reduction in mill stocks
there is a similar disposition TO delay
undertaking new contracts, and the re-
suit is further addicted TO idle maehin-
cry. In view of comparative steadiness
Of retail prices and the activity in dry
goods trading at many points, it Is evil
dent that stocks in other than first hands
were larger than was believed when tie
speculative advance began.
Although jobbers report bright pros
poets for fall trade. it is remarkable that
they make so little effort to secure for
ward deliveries. Irregular distribution
of orders is reported in woolens, some
lines being Withdrawn, while others make
little progress. An increase in number
of buyers is encouraging. and III the az
gregate sales are fully up to normal.
Healthy conditions continue in footwear,
some grades advancing in price. while
New England shops are not able to ae-
cept orders for delivery in several
months.
There were lis commercial failures
this week in the United States. against
1870 last week, 191 the preceding week
and 1876 the corresponding week of last
year, and in Canada IL, against 10 last
week, 10 she preceding week and II last
year.