The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-10-30
THE FRIDAY REVIEW
Summary Of Trades for the Week
by the International Mercan-
tile Agency.
Conditions Fair on the Whole with
Multitude Of Minor Bad
Features.

New York, Oct. 3O.-Special kilograms
IRON correspondents of the International
Mercantile Agency thruout the United
States and Canada regarding the state of
trade are summarized as follows:
The between seasons period is begin
ming to show its influence on the move
ment OF general merchandise Relatively
the most favorable reports came from
Chicago Pittsburg and New York Balti-
more reports the outlook in the south
favorable for good trade. owing to the
high price for cotton. There has been a
gain at Pittsburg, where more mills are
expected to start up. Country orders are
a fair average for the season at Chicago
but there is less disposition to branch out
and hesitancy In some lines. Dry goods
Land clothing are moving more slowly at
St. Louis. At Boston the disposition is
toward conservatism. At Philadelphia the
volume of trade is about equal to that Of
year ago but where affected by labor
conditions is beginning to slacken. St.
Paul and Minneapolis advise that interior
merchants are restricting purchases some
what. The Minneapolis flour output is be-
coming normal again.
Traffic on eastern railroads has declined
this week, car shortage has been less no.
ticeable interior jobbers generally are
buying less than last year, and cotton ex-
ports are increasing encouragingly, but
mercantile collections have fallen away in
regions tributary to Philadelphia and St.
Paul. Shipments of funds on crop and
bank accounts have made loans at New
York firmer and tend to hold down Sc
curity prices.
Good weather has prevailed thruout the
grain regions, but winter wheat, which is
all sown, could stand some rain. The
outlook Is for good demand for wheat
for export. Estimates of the cotton crop
tend higher than recently.
A foot Il, nd Str{o 1s,,oo Sc. 10
of 10000 tons of southern pig iron for ex-
port to Manchester at $40 less a ton
! at the furnace and a Pittsburg sale Of
steel rails for delivery In Korea. Many
large industrial concerns report an aver
age decline In orders of rs per cent from
this time last year, with new orders COM
Ing in hesitatingly Some $4,000 employees
have been laid off or have struck, this
week. Closed iron mines In northern
Michigan have reacted upon jobbers in
the northwest. 49,. Il. s..... H. s.. ...
Staple winter goods are in steady de-
mand at Montreal and prices are firm.
Cottons are practically strong and jobbers
complain that there is difficulty in getting
orders filled by manufac turers. Demand
for woolens Is less active. Collections are
fair and there are some renewals. There
has been a less active distribution of sea-
sonable goods from Toronto, owing to the
mild weather, but the rapid movement of
the crops from the northwest Is stimu-
lating and an Improvement is expected.
Elevator receipts indicate that there is
less wheat than has been counted Ca
madam banks report that the demand for
funds from farmers for handling the crops
is less than anticipated. Money is there
fore easier than expected and the indi-
cations are that rates will be lower. The
situation at Sault Ste. Marie Is more hope
full. Some Of the factories have started up
and others are expectedsto start shortly.