Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1906-05-26
The Volume Of Wholesale
Business Is Liberal.
Southern Mills Are Nearing
End Of Chinese Orders.
New England Manufacturers Secure an Ad.
vance on Boots and Shoes.

New York. May :5.-R. g. Dun's
Weekly Review of Trade tomorrow will
say:
Ample rains throughout the farm
ing regions provided the most impor-
taut commercial factor Of the past
week large crops being essential to a
maintenance of national prosperity at
the maximum position recently attain
"a. Retail trade responded to the
stimulus of warm weather. light weight
wearing apparel going freely into con-
sumption ana there il an unusually
liberal volume of wholesale business
for this time of the year.
Absence Of interest is the feature of
the primary market for cotton goods.
the lcthargic attitude of purchasers
being assumed in anticipation Of OBJ
tanning concessions. Greater success
in the campaign would be attained if
the raw material were at Il less alb
normal position. but manufacturers
are unable to sacrifice market values
with AL costs Of production at current
prices. 1t is also noteworthy that no
| burdrnsomr supplies exist consumers
taking reasonable lines freely.
Many Southern mills are nearing
| the end of their Chinese orders, which
will add to the competition for bust
ness. Raw wool is also the dominant
| influence in maintaining prices for
| Wonl'n goods. buyers exhibiting indif-
ference to almost AL offerings ana the
few light weight lines that have been
| opened at advances Of five To ten per
| cent. cannot hc considered fairly rep
, rcSCntatiVc.
| No chcapcninG Of cost is noted In the
hide market hut they are more evidence
Of uncertainty aud increasing Efforts to
| restrict purchases on the part at tan
ncrs. Packers supplies expand modcr-
| atcly as Il result of this Indifference. yet
stocks ar till small as compared with
| former s,us sons and few holders max
oven small concessions to secure bust
ness Great strength abroad helps to-
sustain domestic markets light imports
being rendered certain nv quotations in
| Europe and South America. The chief
event Of the week was the s.rIe cf about
TOO om calf skins at the West. Leather
prices are less uniformly maintained.
large transactions in heavy sole being
recorded ut distinct CONCESSIONS although
Uuotations are steady. A further adj
vance of from ~. to : cents u pair has
been secured bv New England manufac-
turCr.s of boots and shoes. While thcr"
is little disput" regarding tho prices 10
~ paid for footwear. thcr" w only ~
moderate volume Of business Which IL
probably due to tn" fact that buyers be
Iicvc there II no danger ot any further
rise. Factories hay" :lnpt" business for
the. coming season. but th"r" is - diSpn-
sitinn to sock orders for delivery ncNC
spring somewhat earlier than usual.
| Failures this week w"r" lNN in TIL" lnit-
ri states against III last year. and eight
III Canada compared with !" j ycir ago.
New York. May 2'.-!irddsti""t state
rr Trad" trnnrrrv Will Siy.
Canadian whnl":al" trad" j. fair for
TIN, season and retail trade. though af-
fcct"d by TIE backward spring, J" "f good
volume Crup reports nr" uniformly good.
winter wheat III Ontario aud spring wheat
il III" Northwest alike being ~ fine con
dIiun.
Faiiulcs for Tia" week numbc~ t. az
against 4, IN this week year aEr.