Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1904-01-23
LOOKS CHEERFUL.
Confidence in a Prosperous
Spring Trade Apparent.
Securities Active, Being Aided by
Less War Talk.
bradstrcet's Report on Business Con.
ditions Past Week,

New York. Jan. 2o.-Bradstreet. s
state of trade report tomorrow, will
say:
commence i'll Il prosperous spring
trade finds support in an charging
volume o. business at Southern and
southwestern markets. an awakening
oi interest at some Northwestern CEN
tels and growth even 1T central West
err and Eastern markets, where. how
ever, weather conditions are Il draw
back 10 the fullest activity. The
strength OF raw cotton is apparently
making il easier to negotiate and place
cottons III Eastern markets at the
higher level of values, and manufacture
ing OF and jCbbing in shoes is increas-
ingly active, leather sympathizhg in
larger sales az higher prices
ne feature i'll the S!;e";Ilttiveiy af-
fecteu markets is The h:Ghe. range OF
quotations 70" ii! agricultural products
and securities are also more active and
higher, aided by easier money and less
War talk. though differences of opinion
still exist as II the underlying Sourc cs
of some OF this activity. All in ali.
there is Il more optimistic feeling noted
than some time ago seemed possible.
'''N' It'N W. i'Cf'ilI''EI - " tt-ttN
business ~ satisfactorily secure
AZ the South there is bat one note
and thai: Gt co"n@encr. based Of course.
on the HIN iniceS io: cotton. p.t.:,;;-
rations for IAN enormous acreage are
going forward and fertilizers ;tre being
bought heavily: :s3u!,.>; are III II pre-
MUM. and GGr.I ultu.ui IMPLEMENTS
sell readily.
Cotton WAS notably strong and
"cat he'd III" highest price i! New York
since 49,? outside dealings have tend
cd to lessen and spot cotton has been
closely held 1t tire South. Port re-
ceipts have been light. this week. ana
rather sustain Smaller crop estimates.
The tendency Ct buyers to take hold
more freely of cotton goods and adj
vances il print cloths have offset talk
of English and American short time by
the mills.
The iron tiaic is irregular as Il
whole and yaliocsly regarded. optimis-
ticaliy or the reverse. accordingly us
the point o: view shifts from crude 70
finished products or the observer is
located. East OF West. Hardware
prices are rather better. Tai: of more
business IN HestNN steel, StfEctufal ana
rails is heard. but the railroads as Il
whole are backward in placing orders
which are usually relied on to furnish
stability TO the trade generally. Among
the other metals copper and tin are
lower, while lead is higher.
Lumber and building materials are
naturally rather quiet ut present when
outdoor work is at Il minimum. but the
outlook for spring is regarded as prom
i;ing.
The shoe leather and allied trades
are in d very strong position the coun-
tr- over. though Eastern shipments
are IL per cent. behind last January
Sole ANA upper leather is getting
scHrcer ana desirable makes are bring
l to cents more per pound.
business failures for the week end
ing Jan. u number 266, against 253
i'll the like week Of 1905.
"Bank clcarinSS for the week ending
Jan. II aggregate $2.110.S25, Sn3. ii per
sent under the ike week in 1908. T.x-
changes outside New York total SS7S,-
f0i.hGt, Il decrease of = per cent. from
the same week last year