The Cairo bulletin., 1905-02-11
THE IRON TRADE
BREAKS RECORD
Heaviest Production and Con-
sumption Ever Known
BRADSTREET REPORTS
STRING TRADE BEGINS TO EX-
PAND AND CONFIDENCE
HOLDS THAT 1T WILL BE
I'M LARGE VOLUME.


New York, Feb Braist7eets
weekly review of trade is as follows:
Spring jobbing has at las; begun
% expand and reports of improve
mant come from the west, north
west and far west Dry roods, shoes.
groceries. hardware. n llue.y and
luuber at wholesale have all sold her
! ter of late, and certainly IN larger
golamo Than at this date year ago
and while the later period saw some.
what Of a halt occurring. industry re-.
Mains as active as heretofore and the
iron trade confirms tine best reports
heretofore made IN statistics show
ing production and CONSUMPTION he
heaviest recorded.
Money Unusually Easy.
Money IS stiil phenomenaliy easy
and temporary check TO heavy out.
20 of gold is noted Some benefits
from climatic conditions are noted,
likewise some drawbacks. Anthracite
coal demand has been stimulated az
Vie east and prices are very firm
The west has taken more freely Of
bituminoas grades, which are report
ed in rather better supply there The
general UNDERGONE is stlll one Of UNI
diminished confidence IN large
radc when winters grip Is finally
broken and mild weather arrives.
Reports to Bradsreet's indicate a
gain Of per cent in the gross re-
ceip, of railroads over the same
month las year.
Wheat, Including -four. exports for
The week 9SI775 bushels against H.
ZIG 0do.0o0 This week last year July
. ta ia e iL9l5.0o0 against l0&.09S.,.
009 ash yea-
Corn receipts for the week 2.iis.-
09a Bushels against 5s9ooa a year
ago. Jnly ! To date 33,392.000 against
3j87i.0oo in 1904
r. G. Dun's Report.
r C Dun and company report as
follows
Some disturbance Has been caused
by tie elements. but business condi-
tiona are otherwise unusually salts
fac org for The season Distribution
Of merchandise is of liberal proper
lions and the now yraf Is fulfilling
sanguIne expectations.
Low temperatures and storms In
tertuptcd trade 10 some extent. but
accelerated business I'm heavy wear
ing apparel. overshoes and fuel Man
ulacuriug is SIN the best feature.
especially IN various departments Of
iron and steel industry, while textile
mills and shoe shops are wen en-
gagged Some conservatism is noted
in The placing OF advance orders but
This is a favorable symptom. iudicai-
ing the absencs of reckless opera
ions mat produce inflated prices
and ultimately cause excessive accum
ulatlon Of stocks followed by the in
eyitable period OF rerenchment
Railway Esrnines increase.
Railway earnings IN January were
las per cent larger than IN 1904.
while foreign commerce az this port
for the last week showed a gain of
S1.e7o.S70 in the value of Imports and
loss Of S1S30,5G8 in exports com
pared with the same week last year.
Favorable reports are received
from every department Of the iron
and steel industry. even steel rails
sharing the better feeling. orders
on the books now exceeding a million
tons. Advancing season is bring
ing ont more demand for structural
shapes. while specifications on con
tracts for plates kept the mills busy.
Failures for The week 256 in The
United States. against g2S last year
Bank clearinss.
New York. Feb. Ia Total bank