The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-10
CONDITION
OF TRADE
No Developments Of Importance In
the Commercial World.
RAILWAY EARNINGS LARGE
Generally Lower Level of Quotations
Tor Farm Staples shows Growing
Confidence In Ample Crops.
Failures For the Week.

New York, Oct. 10.-R. G. Dun & Co.'s
review Of trade says:
There have been no developments Of
importance in the commercial world.
AS a rule there is more caution in max
ing contracts, especially among manu-
faeturers. Uneasiness regarding the
financial situation recedes as the sea.
son advances without producing any
monetary pressure in connection with
crop moving. The proposed reduction
in pig iron output has been Endorsed by
all leading producers, steadying prices
just when changes in freight rates
started another reduction. Other man.
ufacturing news is favorable, except
where the raw material markets are
unsettled or labor struggles cause trou-
bic. Suspension Of an iron plant was
attributed to the latter cause, and the
movement Of cotton at New Orleans
also suffered because Of a strike. Trade
locally is quiet, preparations for cleo
ton, together with unreasonable wealth.
er, having an adverse effect.
Wholesale trade is active at Balti.
more; a brisk business has been trans
acted in fall clothing, and the outlook
for spring is considered bright Wealth
er retards the sale of fall and winter
clothing at Boston; building materials
are quiet, and business in lumber is
smaller than last year, although prices
remain firm. Manufacturers are busy
at Philadelphia, but building materials
and chemicals are quiet, with eollec-
tons slow in several lines. Trade IS
brisk at Chicago, orders are well dis
tributed and payments prompt
Railways are not yet severely con
gested by the crops, yet there is some
delay in traffic, and earnings for Sep
TENDER are 81 per cent larger than last
year. Latest returns of foreign com,
mierce at this port are unsatisfactory
exports showing a loss Of $1,1SS,64G
compared with the same week last
year and imports decreasing S2,577, 124
Bank exchanges at New York for the
week were 23.6 per cent smaller than
last year, while at other leading cities
there was a gain Of Al per cent.
Farm staples Quoted Lower.
A generally lower level OF quotations
for the leading farm staples was most
encouraging. 1t indicated that sup
plies were coming freely to market and
testified to the growing confidence in
ample crops. Speculative control ceased
with the marketing of greater quaint
ties that the manipulators could han
die, and legitimate trade always flour
ishes better when normal influences
prevail. Lower prices also attract pur-
chasers abroad, and foreign commerce
will be stimulated. A moderate re-
covery later in the week was natural
as fluctuations became sufficiently mar.
row to bring out many buyers who
feared the violent price changes Of past
months.
Daily statistics Of port receipts and
exports of cotton make favorable com.
PARSONS with last years figures, and
domestic spinners are also seeking raw
material more freely. Interior arrivals
Of wheat were 6.961 ,929 bushels for the
week against T,95S,2S3 bushels last
year, and exports from all ports Of the
United States, -four included, amount
ed to 2,602,363 bushels compared with
5,537, no bushels a year ago.
Western receipts of corn We're 3,0e3,.
75s bushels, a large gain in comparison
with 1,200,550 bushels last year and
Atlantic coast shipments amounted to
903,1l1 bushels against 176,491 bushels
in 1902. Coffee reacted from the best
price, but holds fairly firm on the
strength Of gloomy cables from Brazil
although stocks are very large and
port receipts continue much in excess
Of last years. Refners made a cut in
standard granulated sugar to 460
cents, less / per cent for cash, but
there was no corresponding weakness
In raw grades.
Failures this week numbered 239 ID
the United States against 245 last year
and II in Canada compared with p q