Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-08-08
TRADE CONDITIONS
ARE FAVORABLE
Adyicss From All Parts Of the
Country Show This
FALL OPENING Is GOOD.
with Exception OF Cotton wis Man
ufacturlug plan" Are Wen
Occupied,
FALL OPENING IS GOOD.

New York, Aug, i.-~R, G, Dun & Co 5
Weekly Review Of Trade viii say to-
morrow. Trade adyices from nearly
every section continue to show as favor
able conditions as year ago, and In
many lines the trade activity had been
increased. Jobbers report fall business
opening with excellent prospects, and
manufacturing plants are well occupied
with the exception of cotton mills
Distribution Of merchandise is 20
heavy that railway equipment already
proves inadequate, although crops are
not the factor that they will be in a few
weeks. TO- ,iaa yf
Earnings IN July exceeded last years
by l2.7 per cent and those Of 1901 by 2O.2
per cent. ON the whole, news from the
farms Is less favorable, but no serious
curtallment is assured and many sec
tons make very bright reports, A de-
cline OF ] y per cent IN commodities for
July is evidence that prices are less in
Hated, since the change was mainly In
meats and other food, which have been
ruling at an abnormal position.
Consumption OF iron and steel is on
a large scale, and in many departments
the past week have witnessed the sign
ing Of numerous contracts. but there Is
a tendency TO delivery purchases beyond
early needs, This conservatism is not
surprising In view OF the uncertainty
regarding the security and financial
markets, together with considerable in
terruptlon 70 structural work through
labor controversies The rate Of con-
sumption and the moderate size Of or
ders, however indicate that stocks are
running low which encourages furnace
men and mill operators TO hold quota
tons fairly steady. A moderate ton
mage Of pig Iron has been ordered and In
partly finished products the best fea-
ture just now Is the bidding for agrlcul-
tural Implement makers. More pig iron
was imported In July than anticipated,
and German billets are still offered al
Pittsburg, but the domestic makers an
nounce their intention Of meeting for
elgn competition.
There Is pressure for tin plates the
peculiar weather extending the canning
season and giving more time for delly-
cry OF cans. There Is full occupation in
all. branches Of this industry. and In
merchant pipe, also, the mills have full
order books for many months.
mo change Is noticed In the attitude
Of cotton goods buyers, who
appear determined TO postpone
business until the readjustment
Of prices FOR raw material. Ow-
ing TO the gradual reduction In mill
stock, there Is similar disposition
to delay undertaking new contracts,
In view OF comparative steadiness Of
retail prices and the activity In dry
goods trading at many points, II Is evil
dent that stocks in other than first
hands were larger than was believed
when the speculative advance began
Although Jobbers report bright pros
poets for fall trade, II Is remarkabl BILE
that they make so little effort to secure
forward deliveries. Irregular distribu-
tion Of orders is reported In wooiens,
some lines being withdrawn, while 9TH
ers make little progress. An increase in
the number OF buyers IL encouraging,
and In the aggregate sales are fully up
to the normal Healthy conditions CON
tlnue in footwear, some grades advanc-
Ing in price, while New England shops
are not able TO accept orders for deliy>
cry In several months.
There were us commercial failures
this week In the United States, against
1870 last week. 100 the preceding week
and 1876 the corresponding week Of last
year, and In Canada ~. against 10 last
week 10 the preceding week and q the
nravlOua Vear'