Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1903-03-14
BRISK TRADE
is Forecasted in Both Spring
and Summer Lines.
Stocks Are Low and Orders for Prompt
Shipment Are Urgent.
Settlement of Labor Troubles Adds to
Sound Feeling.

| New York, March 13.-Dun's Weekly
Trade Review will say, tomorrow: Re
ports from all sections of the country
promise a brisk spring and summer
trade. Orders are coming forward on
a large scale and frequent requests for
prompt shipment indicate that stocks
are low and requirements urgent.
Several serious labor disputes have
reached settlement and others are now
in process of adjustment, while the
actual interruption to work is much
less than customary at this season.
Bad weather retarded retail business at
some points and floods added to the
disturbed condition of the cotton mar
ket. Excessive moisture at this time
may delay farm work, but there is full
compensation in the improved condi-
ton of the ground.
Eastern producers of footwear re-
port new business in fall shoes quiet
as yet, but very heavy sample lots
have been sold and the outlook is sat
isfactory. Buyers are still reluctant to
pay the small advance in quotations.
but they will undoubtedly come into
the market when it is found that con-
cessions are not forthcoming. The
tone of the market is firmer and mems
kip shoes are higher. Factories are
all busy on seasonable goods, ship
ments through Boston showing a mar
gin, this week. over last years figures.
AS a rule, deliveries of summer shows
will be completed by the middle of next
month. There is less complaint of de-
layed shipment, except in special
cases where manufacturers have labor
disputes to contend with. Local job
bling trade is brisk, large orders COM
ing from country dealers in this vicin-
ity. Leather is more quiet, but stocks
do not accumulate, owing to old orders.
An erratic market for the raw mater
ial, together with unfavorable weather,
brings a decrease in sales of cotton
goods. Quotations are fully maintain
ed, nevertheless, especially on forward
deliveries. An event of Importance,
next week will be the large auction
sale of goods from a Lowell warehouse
fire. That such heavy supply should
be held at first hands caused some I'M
eaSineSS in the trade until it was dis
covered that most of the goods had
been sold, but were carried on custom
ers account awaiting shipping instruc
tions. Only a fair demand is reported
for mems wearing woOlens and worst
eds, and in some instances sellers re-
port more cancellations than new bust
ness.
Removal of the embargo in Massa-
chusetts resulted in very heavy ship
ments of wool and prices are fairly
steady.
Canadian trade: Business has i'm
proved at st. John and collections are
fair for the season while indications
are favorable for an early opening of
river navigation. Halifax reports sat-
is factory conditions with bank stocks
rising and real estate active. Whole
sale trade in drygoods and millineries is
less active at Toronto but prospects
continue favorable. There is improve
ment in hardware and building ma
terials and leather trade is good.
Favorable weather has stimulated
retail trade at Hamilton. Produce and
food stuffs are in good demand at firm
prices. Jobbers and manufacturers are
active. February sales We're larger
than last year and indications are good
for this month.
Collections are prompt for the sea-
son. Breaking up of country roads af-
fects remttances at Montreal, but
trade is sustained and there is a large
accumulation of goods going forward
when spring freights go into effect. |
Shoe manufacturers have about con-
cluded spring deliveries. Trade and |
collections at Quebec are good for the |
season. Prospects are encouraging and |
trade is good at Winnipeg. Trade is |
at Vancouver on ac- |
count of labor troubles.