The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1906-05-26
REVIEW OF TRADE
Encouraging Report on the
Present Conditions.
Zine Spring Weather Helps
Along Business.
CROPS LOOK WE'LL.
All Sections of the Country
Make Good Reports.
Resumption of Banking in San
Francisco Big Boost.

New York. May 26.-Bradstreet's
says: Settled bright spring weather
favors the passage of large quantities
Of products into final consumption, as
evidenced by the reports of expanded
retail trade. of enlarged jobbing re-
order business and Of trade at first
hands in excess Of the volume usual at
this season OF the year. Reports from
the leading industries are Of sustained
great activity except in some few di-
visions of the fuel ana iron trades
where strikes curtail operations slight
~. The crop situation is, on the whole,
quite cheerful, the only drawback be-
ing the irregular distribution Of rain
fall In different districts. Fail trade,
as usual. waits on crop development,
but is Of larger volume than ordinarily
at this season. evidence that so Tar
the agricultural prospect is for yields
at least equal to those Of last year, on
which the wonderful prosperity OF
1906 was largely founded. Prices dis
play all their former strength the
slight upward movement in cereals be-
ing based as much on manipulation of
an unWieldly short interest in the cur
rent wheat option as in the reports of
crop deterioration, common at this
period. Reports as to collections are,
on the whole. fair to good and indica-
TiOns OF easing money are furnished in
Tency from the interior. The San
Francisco banks all reopened this
week With a vastly larger volume of
money on hand than was usual or even
needful, and the return flow to the east
from That city IS already OF good vol
ume.
Activity in outdoor work, such as
building with consequent heavy de-
gnand for lumber, hardware and other
materials. is still a feature though it
is worth unffrfae~ To.
ters report less prospective work in
view and some abatement in real estate
speculation. Railway earnings are of
the best for this season of the year.
gross receipts exceeding the similar
period a year ago by Is per cent.
Business failures in the United
states for the week ending May "a
number 170 against ISL last week, 179
IN the like week of 1906. 184 in 1904
lSl in 1903 and 1913 In 1902 In Can
ada failures for the week number IL
as against 5 last week and s in this
week year ago.
New York. May 26.-R. G. Dun & Co $
weekly review of trade says:
ample rains throughout the faruatue
regions provided the most important
commercial factor Of the past week
large crops being essential to a main
tenance OF national prosperity at the
maximum position recently attained
Retail trade responded to the stimulus
or warm weather, lightweight wearing
apparel going freely into consumption.
ano there is an unusually liberal volume
Of wholesale business for this time Of
the year. Mercantile collections are srilI
somewhat irregular but at most cities
payments are improving and the fnan-
eial situation is more encouragina" now
that the San Francisco banks have re-
sumed business without any disturb
ance. Manufacturing plants are well
occupied and building operations are
heavy. but there are indications for the
month of May Customary summer
ql-.et is noted in some departments. al
though there Is less than the usual in
terTuphon, and preparations are already
IN progress for a very active fall season.
Labor conditions have improved. the
only new disturbances of note being
locally among the painters. while the
steel industry suffers less delay from
old disputes Railway earnings thus far
reported for May exceed last years by
II per cent and foreign commerce at
this port for the last week showed
gains of $1,934. 259 IN exports and 81. 134.-
COL in imports over the movement Of
1905.
Absence of interest Is the feature of
the primary market for cotton goods.
the lethargic attitude Of purchasers be-
ing assumed in anticipation of obtaining
concessions
No cheapening of cost is noted in the
hide market, but there are more evil
dences Of uncertainty and increasing ef-
forts to restrict purchases on the mart
Of tanners.
Failures this week were 1888 in the
United States against 211 last wear and
in Canada compared with 10 a year
ago.