Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1905-06-10
Seasonab|e Weather Al
lows Better Crop Progress
All Lines Of Business Show Ex.
tsmet Healthy Condition.
Cotton Ranges Veg Irregular. Wool Steady
The Weeks Failures.

New York, June 9.-Bradstreet's
State Of Trade, tomorrow, will say:
The situation, this week.. may be
summed up in the phrase better feel
ing. which is predicted on rather
more seasonable weather allowing bet
ter crop progress. Il larger volume of
retail trade and improved recorder
business at wholesale. These in turn
are reflected in a more assured tone
as to fall business in distributive lines.
Relatively best advices come from sur
plus cereal crop producing regions, but
the feeling at the south is likewise bet
ter Iron production during May was at
its maximum, but is now being curtall-
ed. Crop reports to Bradstreets confirm
last weeks intimations Of turn for
the better in winter wheat. corn and
cotton crop prospects. In Eastern trade,
the leading feature is the better tone
Of advices from the cotton manufac-
turing trade. There is more strength in
wide print cloths, and a number OF
makes of cotton goods have been ad-
yanced. The Eastern shoe trade notes Il
fair increase in shipments. but manu-
facturers are disappointed at the
strength Of leather, and say the ad-
vances Of 10 to % GEMS per pair in
shoes was not sufficient to return much
profit. Competition Of small silk man
ufacturers is claimed to have cut down
profits of the trade rs y whole despite
past active demand. Important
changes in methods are outlined in Il
letter to Bradstreets.
The price movement in food products
this week, was largely reflective Of
weather conditions. though active de-
mand and scant supplies We're
STRENGTHENING elements making for ir-
regularities.
cotton has been irregular. declining
sharply on the unexpected favorable
government report, but gaining
strength later on short covering, re-
ports of extreme no. weather in the
Southwest. very large exports and good
manufacturing trade reports. Wool has
been strong and fairly active despite
large foreign arrivals. Naval stores. as
for more than a year past, display
great activity and strength. Prices
based upon reports Of decreasing sup
ply or combination talk, are very high
REPORTS Of easing prices OF crude iron
Ana confirmation this week In lower re-
ported quotations for Southern iron at
Northern markets AMI east in BessemeI
iron at Pittsburg-
Business failures for the week. end
ing June 8, number 1874 against III In
the like week in 1904.
Wheat, including Hour, exports for
the week ending June s. are l,4i6,SW
bushels, against 1.4S2, 632 this week last
wear. From July 1 to date, the exports
are 6O.OO7 27O bushels against 129,42S, 46l
last year.
Corn exports for the week are LOS
1i6 bushels, against $3.50 a year ago
From July l to date, the exports of
corn are 76,0S7,212 bushels. against 90.
1885, in 1904.
backward weather is the main cause
of complaint in Canadian trade carcles
because crop prospects are very gooo
Immigration into the Dominion Is
heavy and unparalleled expenditures
for railway building are projected.
Failures number 25 as against Is III
this week year ago.
Dispatches to Dun's Review indicate
that weather conditions, have beer
more favorable for trade at many cities
and, what is more important, the crol
outlook has improved. Boston reports
that retail distribution has not i'll
creased. but jobbing sales are large,es-
pecially i'm wash fabrics and stock tax
ing shows good results. Total bank eX-
changes, this week, of all the leading
cities in the United States are $2.49 j.
36S. 7GS, a gain of 54.S per cent. over last
year,