The Barre daily times. (Barre, Vt.) 1897-1959, 1903-11-09
CONDITION
OF TRADE
Unseasonably Mild Weather a Dis
turbing Influence.
INSOLVENOIES ARE LARGE,
Failures of All classics show In
crease over Last Year-Raii-
way EARNINGS Good.
The Crops.
INSOLVENOIES ARE LARGE.

New York, Nov T-R. G. Dun q
CO.'S weekly review Of trade says:
Unseasonably mild weather is max
ing it possible for farmers TO secure
much late grain and cotton that SEEM
ed doomed by early frost; but, on the
other hand, trade is dun in heavy
wearing apparel, fuel and many lines
that should now be vigorous. While
in the long run this business may be
made up. and the nation win be bene-
flied by the increased crops, the imme-
date effect is unfavofable Manufac
turing activity has increased az cotton
mills ana several minor industries but
in iron and steel there are more idle
furnaces and mills. Building permits
are decreasing, and structural work Is
not prosecuted with the vigor that was
seen last year. Lumber is firm despite
the moderate demand.
Several labor controversies that were
threatened have failed TO materialize.
and the country IS remarkably free
from interruption on this account Eek
ports Of merchandise from this city
for the last week were S50f, TAG larger
than in the same week last year, and
the liberal supply Of grain and cotton
bills brought foreign exchange down
to a point where small amount q
gold was engaged. The railways con
tinue prosperous. earnings for October
surprising last years by G. per cent
Bank exchanges at New York for the
week were 26.4 per cent smaller thar
a year ago, but at other leading cities
there was a gain of 81 per cent.
Exports OF wheat.
All ports Of the United States sen
out 2,3S2, SOS bushels Of wheat dnrlns
the past week. -four included, which
compares with 4.248 239 bushels 4 yeat
ago and 1851 ,4T2 IN the same week 3
1901. Western receipts az wheat wer
5,6S6,659 bushels against 1857 .076 las
year, while of corn 2.S70,199 bushel
compare with 2,f21074 a year ago
There was the customary free move
ment of corn from Atlantic coast cities
1,239,723 bushels. comparing with onl.
1880 bushels last year. Anothe
sharp recovery in cotton was due +
Mr.. Ellison's estimate Of the world
requirements Of the American staple
His figures were almost identical wit
last years, or about Ii million bale
ypao,.a %ban x,,s,.&Y,.,v. ars8,..n A., - AZ,
total crop. Both these guesses Wi
have to be modified in view OF hig
prices and favorable weather for Sc
curing late maturing cotton
October Insoivencies.
Insolvencies were unusually numel
GUS in October, with an abnormall
heavy Indebtedness. both as to mercai
tile and .fiduciary concerns. In strict
commercial lines there were Lose su
pensions. with liabilities Of S1s,8s7, SO
compared with 9e8 failures for Sl0
S51,53f in the same month last yea
Banking suspensions numbered IN, wit
liabilities De Sf3.os4. Ga. against only /
a year ago for S3.432. BIG. Mannfa
i turing bankruptcies were BIG In nun
Der and Sl1,995,8G9 n amount again,
25T last year involving S5.370.1S
Trading failures numbered TO and Il
yolved liabilities Of S5.536, 120 con
pared with 652 for S4G4s.552 in Oct
Der, 1902 There were 80 other con
merclal failures for sS56,0 $50 against /
for SS31.T95 a year ago While the q.
hibit IS extremely unsatisfactory, ii
not necessarily an Indication Of d s
we're setback in the industrial worl,
because many of the failures can /
traced to special influences. such Z
speculation and strikes, which are i
longer menacing business, and with Il
stimulus Of profitable agriculture
season there is reason to look for bett,
7 ooIIontf.,s- - ~ ,ss,-s.s.. .a4f..s4..