The Barre daily times. (Barre, Vt.) 1897-1959, 1903-09-28
CONDITIONS
OF BUSINESS
Dun { Co. Report Continued Large
Trade Throughout the Country.
SPECULATIVE MARKET DULL
Railroad Earnings Continue TO show
Gains - Restricted Demand For
Finished steel and Iron The
Market For Farm Products.

New York, Sept 26.-R. g. Dun &
CO.'S weekly review Of trade says:
Notwithstanding several unsatlsfac.
tory features, the volume Of trade con-
tinues large and the distribution Of
merchandise taxes shipping facilities.
Announcement Of a concerted EFFORT to
restrict production Of pig iron indicates
that supplies have begun to aecumu-
late. The security market has been
dull, with a general decline and new
low records for several issues. Rail
way earnings continue to show gains,
for September thus far exceeding last
years BY 81 per cent and those OF 1901
by I7.2 per cent Traffic blockades oc-
cur to some extent, although the move
ment Of farm products In still unsea-
sonably small. New labor controyer-
sizes have begun, but a number Of se-
rious troubles have been aYerted, and
on the whole the number of men idle
voluntarily has diminished.
Enforced idleness in the iron and
steel industry is more than offset BY
resumption Of spindles at cottoa mills,
and there is great activity at foot wear
factories, although the margin OF prof
it is narrow. Lower prices for the
leading agricultural staples indicate
general belief in improved crop pros
poets. Jobbing trade is still making
good comparisons with previous years,
and, while the zenith has been passed
in fall dry goods, 1t is still a satisfac-
tory season. at many important points
the weather has been more propitlous
for retail trade, and collections are fair,
~ prompt considering the tightness of
the money market. Bank exchanges az
New York for the week were 3S.T per
cent smaller than d year ago, but al
other leading cities there was a gain Of
1.5 per cent
The Iron ana steel Market.
Demand for finished iron and steel Is
restricted b. uncertainty regarding
quotations, and until a more settled
condition exists there will be no in
centive TO place contracts literally. al
though it is known that much business
is under consideration Unfortunately
cause and effect are interdependent.
and the failure to place pending con
tracts tends to augment instability.
In the trade there Is a disposition 10
attribute all the Ills Of the industry 10
Wall street and there Is some reason
for this statement
Aside from special religious holiday
Interruptions, the dry goods market has
remained unchanged. at first hands
there IS still a close attention TO cur
rent requirements aud no aggressive
ness or disposition to make concessions
on the part Of either buyer or selIer.
Quotations are without change ln any
standard line Of textiles, but the tome
Is slightly easier I'd the division en-
braciug heavy weight brown cottons
for export. This Is largely attributed
70 the Indifference Of buyers for CHINA.
The outlook For Farm Products.
Conflicting reports continue 70 mill
tate against stability Ia the markets
for the great farm products. and on
the whole the events 81 the past week
nave resulted in lower level Of Quota
lions. The most Important effect of
lower prices was better export move.
ment, not only helping the domestic
trade situation bur strengthening this
country s international position. which
was less favorable in recent preceding
months How far the low tempera.
ture has injured the corn crop il stilr 4
mater ~ Of conjecture, vet it Is practl
ealiy certain that heavy losses have
occurred, and early estimates 81 4 rec.
ora breaking crop must be modified.
Hhlle comparing unfavorably with
normal year, the movement cg eorn far
tne week was much larger than LAST
year, receipts Of 4.226.244 bushels far
SURPRISING the 2,540358 of year AGO
and exports Of 403,05s bushels cam.
pairing with 32,19s in 1902. Cr4nees IL
wheat are less extreme. reeeints of
o,tlzolf bushels falling about 70 per
cent short Of last years shipments
which were 9,012.s2 while exnorts
from al ports Of the United Statas
hour included were 3.829 s45 bnsbels
against 3,7se,ao2 a year apo when nv
oufgo was abnormally light Cotton
declined in price as the new crop eame
V market more freely, nofwftbstandino
numerous reports Of ravages by insects
~ Texas Exports increased moderate
W although the outgo is sim Insignia.
cant IN comparison with normal Years
q might be expected in view ~ tbe
abnormal quotations for SPOT miadIino
uplands 4''''1''''e
Liabilities Of commercial faiI,,res for
lhe week amounted to Se.o79 egs of
which S29i6534 were in mannfact,,r
ng' S2566,I0l In trading and s5gG Nh
Y other commercial lines Failnreq
mus week numbered 232 in the TTnited
states against 207 last year ana % n
Canada compared with 50 q vaar aeo
Radium Experinent.
experiments made In Vienna make il
'eem probable that the roaI,,v, -,