The Barre daily times. (Barre, Vt.) 1897-1959, 1904-05-21
CONDITION OF TRADE
Little Improvement Noted During
the Past Week.
GOOD YEAR FOR THE FARMS
Unless Crops Suffer an Unusual set
back, They Should Stimulate All 9th
q lndastries-Deoided Rally In Grain
Markets-May Failures.


or lndustries--Deoided Rally In crair
Markets-May Failures.
New York. May 2I-R G. Dun &
Co. : weekly review 81 trade saws:
Reports Of increased trade are re
ceiyed from few favored points, but
the nation as a whole has not lmprov
ed its commercial position during the
past week III 50 far Is current dishi
button Of merchandise or manufactur.
ing activities are concerned. Prospects
for the future have improved some
what on account Of the progress made
in agriculture Unless the crops suffer
an unusual setback hereafter it should
be q good year for the farms. and an
other industries VIII feel the stimulus.
Lake traffic ~ seriously interrupted by
the strike, but otherwise the labor stu
alton IS not alarming Boston reports
weather adverse and trade below nor.
NAL, while building operations are also
reduced AZ Philadelphia the proper
tion OF Idle textile machinery has in.
creased but wholesale trade is fair.
Structural work al pittsburg expands.
although still short Of last year. and
payments are slow.
Manufacturing Extremely Quiet.
There has been no spring trade as
yet at Cincinnati, owing to low temper
ature. but business broadens 1T Balti-
more and collections are more prompt
Leading branches Of manufacture are
extremely quiet the recent slight gain
in iron and steel having disappeared
and transporting interests are not
equalIng last years results, railway
earnings thus Gar available for May
showing a decrease Of GIG per cent
Foreign commerce at this port for the
last week was decidedly against this
country. exports Of merchandise falling
S1654075 behind the corresponding
week in 1903. while imports increased
S19T0,900 Gold has gone abroad in
great bulk without destroying tile
money market, although rates are
fraetionally ffrmer. Sales Of securities
were much smaller than year ago.
which partly accounts for the loss Of
81 per cent. in bank exchanges at New
York At other leading cities there
was q decrease of So per cent. as com
pared with the same week last year.
Although quotations Of iron and steel
products have yielded little, the indus
try Is not making satisfactory progress.
and unless consumers place contracts
freely without further delay there win
be an accumulation II unsold stocks.
Decided Rally 10 Grain Markets.
There was decided rally III the
grain markets and cotton also develop
ed a little strength, but there was 30
aggressive speculation for the long ac
count IN cotton, and frequent llquida
tion prevented amy permanent advance
Wheat receipts We're l.0i5.56t bushels
against .2as.341 bushels last year. and
exports, -four included. were only
1.204.Sf9 bushels compared with 4.6T2,
$50 bushels ia 1908 Interior arrivals
OF 1,471i90 bushels corn compare with
2. 230, s34 bushels last year, and Atlantic
exports Of 14T,43G bushels were lnsig
nihcant compared with 1907, 235 BUSH
els a year ago Spot cotton advanced
with stronger Liverpool cables. butt
reacted very sharply and
new crop options ARE offered at d dis
count Of fully $40 bale Foreign De
mand is small and with many domestic
mills running only three days a week
il is evident that estimates Of the year
requirements must be reduced again
Liabilities of commercial failures
thus far reported for May aggregated
So, 75956l, Of which 81 .529. 700 were hi
St,6o9,6s3 III rading
and $500 lis III other commercial lines. !
Failures this week numbered 236 Id /
The United States against 1911 last year |
ana r IN Canada compared with IA
year ago.