The San Francisco call., 1904-11-12
TRADE AGAIN
CROWS BRISK
Market Conditions Reflect
Confidence in the Future
in the Business World

NEW YORK, Nov h-Dun's week
y review Of trade VIII say tomorrow:
All measures Of trade indicated the
customary loss due 10 holiday inter
rgption, but subsequently much OF the
6encit was regained, numerous evi-
dences Of increasing confidence being
seen IN the disposition 10 place orders
for distant shipments. Increased con-
sumption Of pig iron is also significant
and in other leading branches Of man
ufaCture there is a steadily diminish
Ing percentage Of idle machinery
WOOlen mills are busy despite the
fact that il is between seasons and the
raw wool market is very strong
Foreign commerce at this port for the
last week shows z decrease Of S562,s05
IN exports. compared with last year s
figures. while imports increased S4,34I,-
ssL Receipts Of coffee were prom
irent factor in this gain.
Railway earnings in October exceed
Cd last years by IS per cent
Hides are on a hrmer basis, with
stocks limited and offerings small For
eign dry hides have sold al a further
fractional advance
Failures this week numbered 2l3 in
the United States, against 2S3 last year,
and u in Canada, compared with q a
yeaT ago.
E1Lf-eLEEEL : LD-LlDLLOA " III SOY IL
reresr ii the elections and unseasOn-
able warm weather in some sections
have retarded trade. but the more op-
ttmistic outlook as 10 the future found
reflection later IN enlargement OF
wholesale and jObbing business, a
frner tone Of prices and more as
suTed activity in many leading indus
tries Oficial reports Of past crop
Yields and advices Of largely increased
~ Farf-Enrrn con-
tulut0rs 70 the confident feeling In
addition. repOrbs as 10 the outlook for
holiday and next springs trade have
proved favorable.
Relatively the best reports as 70
-rade and collections have come from
the South but leading Western cen
rors have reported Improvement in re-
order business and there is rather more
snap 70 demand in the East from job
bers and first-hands. Collections have
been rather better and money easy.
Railway earnings returns point TO
moderate gains over the good results
n last fail and point TO a better dis
tribution of the enlarged business here
tofore noted by the railways. Prices
testify 70 demand pressing upon supply
IN g general level OF quotations close
n the highest record in the past de-
cade
Metals are strong. copper especially
81, and something like a scramble for
this metal is reported, even at the ad-
vance Of Il cents.
Of the cOuutry's leading products.
special activity is noted this week in
irol and steel, coke. coal. hardware,
hides leather. groceries, lumber and
building material, the latter two par
rlcUlariy ar the West Paints. glass,
whisky. tobacco. live cattle, sheep and
hoes note a full seasOnable movement
ar generally satisfactory prices.
Business failures in the United States
Tor the week ending November 10 num-
Der lss. against 200 last week and $50
last year.
Wheat including -four. exports for
the week ending November 10 aggre-
gate ls54,676 bushels. against !. .zs2. .2O2
last week, 3659.S23 bushels this week
last year. 4.4so l60 in 1902 and 4.ss3. .734
"a 1901 From July l to date the ex-
ports aggregate 25.3Ss.z39 bushels.
against 6ls01 Isl bushels last wear % :
9S9.652 bushels in 1902 and. IL. .657 e22
bushels in 1901