The Montgomery advertiser., 1906-07-07
THE WEEK IN TRADE
MORE THAN THE USUAL sEAsONA-
 BILE BUSINESS.
MasH orders Were Heavy and the Gsen- exmI Crop Conditions Favorable. Failures are Down Close to
 fhe Minimum.

New York. July 6.-Bradstreet's to- morrow will say: It has been a be- tween-season week in general trade and industry but more than. the usual eeaaonable business is doing despite in- sluences. The taking of inventories and, in the case of industrial plants. the making of repairs is naturally. a feature Nevertheless. bright prospects continue unimpaired.
 v Fall orders are coming forward in lgood volume Crop conditions. on the whole. are very favorable. Pig iron displays more firmness and considera- ble business has been booked. finished lines could hardly be In better posi- ton and the demand from the. rail- ways continue to be most marked La Dor is scarce. not only in the crop sections as well, the scarcity of help rurtafling production of Pennsylvania coke. Incidentally, strike of puddlers and fnishers in eastern bar iron mills affecfs the situation but the disturb ances are purely. local.
 Railway earnings are still very heavy. the indicated gain in gross re- same month in 1905. being Mo less than l4 per cent Moreover, the past fiscal year was the best ever experienced by the rails.
 Failures are down close to the mini- mum for the first half of the year, be- ing T.4 per cent fewer than year ago, while liabilities are 5.7 per cent smaller than last year and only IT per cent above the smallest total for nearly twenty years:
 The situation in textiles presents varying aspects. Good cotton crop prospects have apparently, for the time being, been discounted and the raw material shows little or no change on the week. In finished goods, the situa- tion is irregularly strong at the re- visions recently made to meet lower cost of raw cotton.
 Pig iron shows more hrmness now that the furry caused by the dissolu- tion of the Southern producers agree
 Business failures for the week end- iast week. and 127 in the like week of 1905.
 R. c. Dunn's Review.
 New York, July 6.-R. G. Dunn & Company's weekly review of trade will say tomorrow:
 Reasonably quiet conditions have appeared in many commercial depart bly, bringing the minimum fo activi- ty in certain occupations but prepara- tions for unprecedented fall and winter trade increase with the matu- rity of the crops. A few small strikes were started with the new month while work was delayed pending wage scales in other cases where no formal struggle was announced. while anthracite coal miners took the usual extended holiday but a large number of textile workers resumed when the old rate of pay was restored and the aggregate of idIeness Is probably at the lowest point ever touched at this season. Prospects for the coming season are frightened by the appear ance of jobbers in the primary mar kets made several weeks earlier than usual
 Failure returns for the first half of 1906 showed pronounced improvement in every department except the one embracing occupations chiefly of a Speculative nature and the ratio of default liabilities to solvent payments through the clearing houses during the last three months was only e cents to $1.00O.
 Railway earnings thus far availa- ble for June show gains of 0,7 per cent. over the figures of 1905. while for the last week at ths port foreign commerce returns exhibited increases of $3,541,09s in imports and $756.365 In exports
 Steel mills have found some difleul- fy in securing deliveries of material and entered the scrap market to a de- gree that hardened prices.
 Although few changes have oc- cured In list prices of cotton goods. the primary markets are actually weaker on account of special conces- sions in order to secure contracts. It is still noteworthy that purchases are restricted to pressing reauire-