Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-22
CONDITION OF TRADE
AGENCY REPORTS SHOW CONT
DENCE IN AUTUMN BUSINESS.
Liberal Orders for All Lines Of Goods
Money Easy for This Time
Of Year.

Bradstreet's report Of the general outlook
says:
"A widespread hot wave has retarded
distributive trade and interfered with man
ufacturing industry. but has stimulated
crop growth and thereby strengthened tho
outlook for fall trade. Retail trade in sum-
mer goods has been benefited by the heat.
as has also summer resort business. Whole
sale and jobbing trade Is OF good volume.
considering the weather. and compares well
with a year ago. Confidence In fall trade
is unimpaired. and there is a more liberal
tendency in placing fall orders. More ac-
tivity in pig iron has led to a stronger tone
and higher prices for that product In lead
ing markets. The auieting in industry Is
merely of a temporary character Manu-
featuring Is really more active than usual
at this time, and summer shut-downs are
not such feature this year as in former
periods. Money has been remarkably easy
for this season of the year. considering the
nearness of crop-moving requirements.
Railway earnings are favorable. those for
the first half Of July showing per cent
gain on 1904.
1.-THE Industrial situation Is on the whole
very favorable, labor being well employed.
and especially scarce at the south. The
Chicago transfers strike has ended in de-
feat for the men, the cost In lost wages
being S1O00.0O0. while the employers are
said to have lost S12. 1000. 900 In the form of
increased expenses and diverted trade.
Failures Recorded.
Business failures In the United States
for the week ended July 20 number 165,
against 1G6 last week, 1870 in the like week
of 1904. 1873 in 1903, 17s In 1902 and 100 in
1901. In Canada failures for the week num-
Der %. as against 20 last week and 10 In this
week a year ago.
Wheat including flour, exports for the
week ended JnlV ~
against S52. GEO bushels last week. 12S1. sol
this week last year. 2,S71.9SS in 1903 and
3,9S0,969 in 1902. From July 1 to date the
exports are 2,6OS 1873 bushels. against 1872
800 last year. SS15, 1s2 in 1903 and u, 100, 3O8
In 1902. Corn exports for the week are
1.193.47O bushels. against 1874, 772 last week.
1O6.647 year ago. 1901 1888 in 1903 and
1851 IN 1902. From July 1 to date the
exports of corn are 1890, 4s7 bushels.
against 1.ss4.7oo in 1904 and 4,42s,s26 in
1903"
Dun's Agency Reports.
R. G. Dun & Co.'S weekly review of trade
says:
Hot weather tended to retard activity in
many productive undertakings and post
poned forward business that could be de-
layed without loss. but accelerated the con-
sumption of seasonable merchandise and
advanced the crops much nearer maturity.
Confidence In the future increases with
each day favorable for harvesting. and
much Of the winter wheat Is now beyond
danger, while late corn Is rapidly regaining
lost ground. Inquiries indicate a general
disposition to provide for large volume
OF fall and winter business, clothing manu-
facturers receiving liberal orders from
travelling statesmen, while cancellations are
exceptionally few. Real estate transfers
are large and building operations numerous.
often overtaxing facilities for delivery of
lumber and other materials.
There Is comparatively little Interrupt
ton from labor disputes. and the net re-
suit In all commercial and manufacturing
branches Is exceptionally satisfactory for
this midsummer period, which Is usually the
dullest of the year.
Better Demand for Iran.
Some Improvement Is noted In demand
for pig iron, which has been the least active
of the Industrial undertakings, while foot
wear factories are less eager to secure for
ward business, because of another advance
in hides. Textile mills are busy, but the
variations in cotton have unsettled the pri-
mary markets for goods, while woolens are
strengthened by the steadiness of raw wool
at the highest point in many years Rail-
way earnings thus far reported for July
exceed last years by IA per cent and for
eign commerce at this port alone for the
week shows gains of 81. los ,120 in exports
and So, 66I CAB in Imports, as compared with
the corresponding week in 1904. Collections
are improving, money Is easy and fiuctua-
tons in securities narrow.
Failures this week numbered 1913 IN the
United States. against 231 last year. and %
In Canada, compared with 20 a year ago."