The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-12-01
LIYELIER TRADE
Than USUAL
CONGESTION IN FREIGHT TRAF.
.- + FIG DETRIMENTAL.
ALI Records Being Broken by Business
Activity-Manufacture and Job
beers Working Over Time on Spring
Business.

New York, Nov. 30.-Bradstreet's tomorrow
will say:
Trade has been exceptionally active for this
season, despite widespread holiday observances,
warm weather in parts Of the south and bad
roads in the northwest. The really serious
cause of complaint, reflection in itself of
superabundant prosperity, Is the practically
country wide congestion In railway traffic, which
affects grain movement collections and retail
trade in the northwest, delays delivery on badly
needed coal supplies in the entire west, inter-
feres with movement of cotton to market at
the south and hampers manufacturing operations
in the iron and Steel textile lumber and other
trades. Railway men appear awake to the
situation and are working enersetically, but
the near approach Of the winter season renders
the outlook dubious. 49,.
Spot sales In general jobbing lines are rather
lighter, as is natural under the circumstances,
but this branch Of trade, as well rs first hands
are busily engaged on business for spring. In
cotton fabrics, for instance, the only features
hampering trade is the complaint of backward
deliveries, due to labor shortage or to factories
being oversold.
Industry still shows record activity in iron
and steel trading and foreign iron is coming in
freely and being ordered largely for future
delivery. As showing the eXigences of the
situation in iron and steel, it is noted that
some pig iron Is being shipped from Chicago to
the Pittsburg district, thus reversing the usual
order OF things. Prices of most products hold
all the strength heretofore noted, and in adds-
tion to iron and steel and cotton raw wool has
hrmer tone on good buying and higher foreign
markets Interior markets are reported buying
more freely OF commercial paper, but collections
In some sections drag, and money as a whole
Is still very firm with little easing looked for
until the first Of the year The labor situation
is very strong one features being additional
advances In wages by textile mills, Iron and
steel manufacturers and railroad companies
Imports of foreign iron are growing and
some grades of Scotch iron are hard to get
prior to Jan. 10 or thereabouts. Car conges.
ton retards deliveries Of domestic iron from
producing plants to consumers.
Cast iron pipe interests are booking large
orders; inquiries for next seasons requirements
are developing and some consumers are now
placing orders that usually come out in the
spring. Specifications in all finished lines are
very heavy. Demand for structural material
sight, tho much Of 1t will not come up until
next year.
Copper is higher, little is available for prompt
shipments domestic consumption Is heavy and
oversee demands are large.
Wool Is stronger and more active than for
some time past.
The strength Of the raw material and the
eager demand for goods makes cotton fabrics
generally very strong, and further advances are
looked for. Cotton yarns very high. Weather
conditions have been against wooden goods,
but dress fabrics sell freely for next years
delivery. Silk goods also selling freely
Business failures in the United States for
me week ending Nov. 20 number ia against
~ last week. 1873 in the like week Of 1905:
1s4 in 1904; $50 In 1908, and 1s5 in 1902.
In Canada the failures for the week number
twenty-five as against twenty seven last week
ana twenty-five In this week year ago.
Wheat. including -four. exports from the
United states and Canada for the week ending
NOV 70 aggregate 4,2D4,917 bushels against
4,oa5'o1S last week, 3,7o6.6 900 this week last
year, 21o1. 1873 in 1904 and 5,177,47s in 1901.
For the past twenty-five weeks Of the fiscal year
the exports are 1874, sol bushels against 4s,.
o1s'225 IN 1905 S0117,22O in 1904 and 129,
0S2.273 in 1901.
Corn exports for the week are 1,O4O go bushels
against 5o4 s61 last week, 1,643s24 a year ago
ana 364's4 IN 1904. For the fiscal year to
date the exports are lis, 352 266 bushels against
SOP In 1905 and 1924 1897 in 1904