The Washington herald., 1906-10-13
TRADE BREAKS RECORD
Wholesalers Of Wearing Ap-
parel Do Big Business.
RAILWAY CONGESTION GROWS
Demand for Cars Greater Than Sup
pIy-IrOn and Steel Prices Difficult
to Obtain, as Contracts Are for
Spring DeIivery-CaBRda Reports
Are Most satisfactory.

New York, Oct 12-R. G. Dun & co.
Review Of Trade will say tomorrow:
Lower temperature brought out much
business in seasonable lines of wearing
apparel, and most reports from whole
salers tell Of the largest volume Of trade
| ever transacted. Shipment departments
are limited in activity by inadequate rail-
way facilities, and this difficulty is be-
coming aggravated by the free movement
Of grain and coal as the season advances.
Official crop reports covering conditions
of October 1 indicated most satisfactory
grain prospects, but damage has reduced
the yield Of cotton and caused a violent
raise in prices.
/ It is becoming more difficult each week
to obtain report price for spot iron and
I steel because Of the practical impossibility
I Of securing any within several months
/ Business now transacted is almost wholly
/ for delivery next year, and the tonnage
= orders actually placed is restricted by
this element Of uncertainty
Cotton Goods in Demand.
Conditions in the primary markets for
cotton goods show radical change from
the recent Indifferent demand and en-
deavor to obtain concessions in prices
During the many weeks OF restricted de-
mand stocks in ali positions steadily de-
creased, yet the manufacturers were not
accommodating supplies owing TO the cur
tailment of production.
New England footwear manufacturers
received liberal spring orders from Job
bers in all sections Of the country. with
the best demand for heavy stock, such as
grain and split goods.
Grain Markets Quiet.
Grain markets were quiet, with narrow
fluctuations prior to the publication of the
official report, both sides of the account
preferring 10 wait until the situation was
more definitely known. but after the sta
ustics were published there was little
activity, as no important change appear
ed in comparison with the previous re-
port.
Montreal reports wholesale trade and
building operations most active, and The
chief complaint relates 70 slow deliv-
cries Of specials. Some dry goods set
Elements on the fourth were below ex-
pectations. which was attributed 70 the
warm fall season up to that date. To-
ronto reports wholesale trade fair and
merchandise hurried forward because Of
the approaching close of navigation.
There Is a large sOrting-up demand I0r
Dry goods; orders for spring are fair,
and dairy products are firm on account OF
light supplies.
Commercial failures this week in the
United States as reported by r. g. Dun
K Co. were 81, against 1S3 last week, lsS
the preceding week. and 2l4 the CORE
spending week last year.
Bradstreet's Report.
In its review Bradstreet's tomorrow
will say:
That the early advent Of snow and
frost has done some damage is evident
in reports Of injury 20 fruit orchards,
vines. and vegetable plants. Shipping in
terests on the lakes report damage
caused by unusually severe storms, and
some interruption 10 railway and tele-
graphic business IS indicated
The railways seem to be finding in
/ creased difficulty in handling the traffic
Offering, and fears OF future great con-
gestion are expressed. In addition 10 the
coal and coke trades. the lumber trade
on the Pacific coast reports trouble due
TO car shortages.
For the week the features in specUla-
/ tive circles have been the slOwneSs in
grain and net change in price and the
sharp fiuctuation in cotton due 10 con
I Trajectory advices from the South.
Copper has reached the highest price
/ in sixteen years. and Iron and Steel
show increased strength. All available
I supplies are eagerly taken despite re-
/ ports to the contrary.
Labor scarcity is a cause for complaint
I from manufacturers and lumbermen. Col
I lectiOns show some improvement at the
( west and are slightly bettersat the south.
I where higher prices for cotton induce a
| freer movement.