The Barre daily times. (Barre, Vt.) 1897-1959, 1903-09-08

| poets Tor STEADY gains ana thelf inG ~
tenance are brighter under the present
system
Legitimate Trade suffers.
Legitimate trade win continue to sur
fer from the losses in speculation. and
the high rates for commercial loans
win initiate against Industrial expan-
sion but in the long run a larger de-
gree Of caution should prove beneficial.
Buyers are still coming to the leading
markets in great numbers and testify
to the sound condition Of business at
the interior. Manufacturing plants are
busy throughout New England aside
from cotton mills, and there is notable
activity in wearing apparel at the
south, dry goods jobbers being very
busy at Baltimore, while prospects for
large fan retail trade are bright ey-
erywhere
Already there is traffic congestion at
several points despite the fact that
crops have only just begun to move
and railway earnings in August show
gains Of 9.3 per cent over last year and
/ ia per cent over 1901 Foreign com
merce at this port for the last week
was much larger than in the same
time last year. exports increasing $500
GIG and imports $2367, 100. Prices Of
commodities during August rose slight
~, according to Duns Index Number.
which was S9s.541 on Sept L against
500, S9l q month earlier The Labor
day holiday last year partially Offset
the large difference in stock trading in
effect upon bank exchanges at New
| York. but there still appears a decrease
of 245 per cent. AT other leading
| cities, however. an average gain Of 1875
| per cent occurred.
weather Conditions 10 nIame.
| The cerealssare higher in price on thg
whole, although the markets are Ell
tremely Irregular Weather conditions
delayed the harvesting of spring wheat
and insects were reported as injuring
cotton. Domestic spot business is light
and the increased interest on the part
of foreign buyers was checked by adj
tvanclng quotations. Cotton is arriving
at the ports in extremely small quan
titles. testifying to the lateness of the
crop ana tile practical exhaustion d
old crop supplies. Present prices would
tempt growers if they bad any cotton
to sell. The course Of prices must de
pend upon the date when the first, kill
ing frost is felt on the plantations
Movement Of grain Is very unsatisfac
tory. Western receipts Of wheat fol
the week were only 451S.239 bushels
against G.079542 bushels hast year
while exports from the United States
} aggregated 2.415.293 bushels, compared
+ with A.600,s96 4 year ago. Corn moves
more freely than last year, receipts q
, 3.073. 0S3 bushels comparing with sI3.
90. ana Atlantic exports Of G24,80'
4iushels largely surprising the low rec
ord of 3s, 4si4 q year ago, but the figure
in 1902 were exceptionally small
InsoIveneIes Are Less.
InsolvencIes during August wer
smaller than in the previous month b
over one third, but compare less favor
ably with the corresponding month 4
: recent years In view Of the precariou
situation i'll Wall street II Is gratlfym
TO find that the weak concerns wer
apparently eliminated in July, the At
gust record showing light liabilities j
brokerage and financial lines. All con
mereial failures were SID in humble
Z and Sl0,S77,7S2 in amount compare
7 with $40 I'm August, 1902 when habil
ties amounted TO only SS,06S.525 Ih
) increase in defaulted indebtedness wa
t. confined to manufacturing failures, Q
!, which there were 241, involving 81
74s. $50 against 2t3 last year, with IL
+ biities Of S2.7G2, $50. Seventeen larg
J, defaults amounted to S5t4G0,2S5, or two
thirds Of the aggregate In this division
r the other pa failures averaging by
S10,2l6 each, which is less than ~
average III five Of the preceding min
years Of the decade As to trading q,
faults the August record was particl
& larly encouraging, IA failures for 81
4 9A6.352 comparing with $50 year az
8 vssi4f, 10 hfffffos NJ 90 Q9q IKE