The Barre daily times. (Barre, Vt.) 1897-1959, 1904-08-27
CONDITION OF TRADE
Somewhat Improved by Better
Crop Prospects.
STRIKES HAMPER MANY LINES


Prosperity Until Proportion Of volun-
tarily Idle Laborers is Greatly Re-
duced, Says Dun's Review.
New York, Aug. Or. G. Dun &
Co.'S weekly review of trade says:
Trade has improved somewhat. chief
" because Or better crop prospects and
the fact that last weeks variations in
prices of steel products failed to de
moralize that industry. The Industrial
atmosphere is still disturbed by labor
controversies, however and it VIII be
impossible to fully restore national
prosperity until the proportion Of vol
unfairly unemployed wage earners Is
greatly reduced Dispatches from lead
ing cities indicate irregular conditions.
but there il increasing confidence in
the future. Prospects are considered
bright on the Pacific coast, because of
the high prices paid for farm products:
retail trade is sluggish at Cincinnati.
L but wholesale business is active in fan
and winter fabrics; Boston reports cur
rent trade quiet yet there IS eneour-
agement regarding the future: jobbing
trade lit Baltimore is active. although
collections are slow; Pttsburg reports
a better demand from agricultural cen
tiers than manufacturing districts, and
! few window glass factories VIII open
on Sept 1; lumber dealers and import
ers OF chemicals for use IN the textile
industry at Philadelphia have large or
ders on hand; seasonable weather stin-
ulates retail trade at Chicago. ana in
terror buyers place large orders In
staple lines.
Foreign Commerce Unfavorable.
| Foreign commerce at this port for
the last week was unfavorable. ex-
ports showing a loss OF S10a1 ,905 as
compared with the same week last
year, while imports decreased $3, 267..
773. Money has at last begun to move
away from this center, yet rates are
still easy, and the financial institutions
are in a position 10 lend freely. which
is calculated TO stimulate speculation
in commodities as well as securities.
Bank exchanges at New York fDr the
week were 1914 per cent larger than
year ago, while at other leading cities
the gain was only s per cent.
| Price uncertainty still dominates the
iron ana steel market
Instead of Increased activity with the
proximity of abundant raw material
the manufacture Of cotton goods has
/ experienced d further crtaiInent Re
vival Of speculation and high prices
for raw cotton are responsible, sellers
being forced to advance their demands
1 while buyers exhibit an inclination 10
await developments.
| Boot and shoe shops of New England
have received sufficient additional fan
contracts 20 give practical assurance
of activity well into October Sales Of
leather are of moderate proportions.
! firm tone prevailing because Of small
production
Striking Fluctuations IN Staples.
Violent speculation In the Leading
staples produced some striking tiuetua
tions ID prices. rAe boom Id wheat
collapsed suddenly. spectators FOR tie
long account liquidating rapidly III
order TO secure profits while crop news
from the northwest was less discourag
ing Some damage by rust occurred.
but evidently not enough to warrant
the position to which quotations had
been forced Receipts at primary mar
kets Of 5,2s061l bushels against
4,S02, ITO last year do not Indicate any
great disposition among the farmers
to hold their wheat for SIPS. as adj
vised by their organization, but exports
show the effect of abnormal prices,
Saith bushels compared with 2.331.-
253 last year, 1905 26 two years ago
and 6,807302 III 1901 Corn advanced
on report Of drought and fear Of injury
from frost, showing unusual independ-
ence Of the leading cereal Receipts
were 2274,S19 bushels against 3,403.
G05 and Atlantic coast shipments Of
6460S9 bushels compared with 81, 105.
A sudden revival Of speculative inter
est carried cotton sharply upward.
despite large port receipts and small
exports
Liabilities Of commercial failures
thus far reported for August aggregate
S5.379, 16i If which s2.490,5s7 were in
manufacturing S2.496,207 III trading
aud S392-961 IN other commercial lines.
Failures this week numbered POS III the
United States against lT6 last year,
and in Canada 30 compared with 80 a
| year ago.