The Washington herald., 1906-11-03
TRADE OUTLOOK GOOD
All Lines of Industry Send
ing in Favorable Reports.
COMPLAIN OF CAR SHORTAGE
Traffic Conditions, as Usual at This
season. Important FRctOr-Urgency
for iron and Steel DeIiveries-COt-
ton Goods and Leather Are in
Demand for spring Shipments.

ton Goods and Leather Are in
Demand for spring Shipments.
New York. Nov. 2-R, c. Dun's weekly
review OF trade tomorrow viii say:
Colder weather has removed one Of the
drawbacks to seasonable distribution OF
merchandise. but there is still much
complaint Of traffic conditions. Conges-
ton on the railways was increased by
the destruction Of vessels during the re-
cent Gulf storm, and a much heavier
tonnage OF freight IS delayed than usual.
although there is always a car famine
at this season. Retail trade shows i'm
provement in nearly all sections, and
mercantile colI4stions are more prompt.
Returns from the iron and steel indus
try could not easily be brighter, and
footwear factories have abundant orders
on hand. After several weeks Of pres
sure 10 place contracts for cotton goods.
there Is q natural season Of quiet, but
The mills have secured enough business
10 insure many months Of activity.
Primary receipts OF wheat are not IN
keeping with maximum crop on account
OF freight delays.
Failures in October were fewer in num-
Der than in the same month last year,
but several very large defaults provided
an Increase of 80 per cent over the ex-
ceptionally small liabilities IN 1895.
Railway Earnings Larger.
TzF In, {
per cent larger than a year ago. and
foreign commerce at this port alone for
the last week showed a gain Of &, ,s3s. .9I8
in exports, and loss OF S70.Iu In i'm
ports as compared with the same week
in 1875.
Money continued very firm, and the
security market displayed the customary
dulIness. Bank exchanges at
New York for the week were SO per cent
smaller than last year, while at other
leading cities there was al average in
crease Of "a
As the season advances with ilcreas-
ing urgency for delivery OF iron ana steel
regardless OF further advances in prices,
even the most conservative purchasers
give 10 hope OF better terms and are
struggling to place contracts before an
other fraction IS added 10 the price or
another month to the remOteness Of de-
livery.
Recent vigorous activity in the primary
markets for cotton goods has been fol-
lowed by customary quiet conditions,
which are necessary for assimilation and
adjustment. Diminished interest in goods
and the lower price OF the raw material
fGnr-n- -s. Of rr-avl~rH f4raz 4
pendent upon the readiness with which
iobbers fad their recent purchases dis
tribuJed.
Demand for Domestic Manufactures.
stocks il the hands OF Western dealers
are believed 10 be light, and q steady
is anticipated No improve
meut has occurred IN the export division,
but many looms formerly engaged on
foreign work have been diverted to the
domestic pressure which maintains active
the machinery in all departments
New England shoe shops receive liberal
orders for spring goods from Eastern
wholesalers, but it is still too early to
expect returns from statesmen in the
West and South. JObbeTs are seeking
many Specialties, notably patent leather.
calf. and kid stock. Prices are firmly
with especial strength in
heavy descriptions Of grain, satin, and
split boots and BalmOrais
Commercial failures this week in the
United states are $50. against nDt last
week Failures in Canada number =
against 7 last week.
BradstreeGs Review.
In its review Of the week, Bradstreet's
tomorrow win say:
Clear and colder weather has improved
retail trade and stimulated recorder busi-
ness greatly. resulting in a record October
trade with jobbers. besides helping the
soal trade and kindred lines. Industry is
active, labor scarcity is still feature.
ron and steel markets are advancing, and
arge imports are the only apparent
source Of relief.
With the advent OF November there has
,ome a luH in few wholesale lines. but
his is only natural, considering past
activities Cotton goods are g tribe
lUieter. but very firm, because Of scarcity
II supplies, while wooden goods have
)een stimulated by good reports as 70 re-
all sales OF heavy clothing. The tone Of
he raw wool trade has been helped BY the
immense sales recently reported. Holiday
rade preparations and sales have been
20 far encouraging. Spring business is Of
good volume as whole. and hosiery
men are taking orders for next fall. The
hoe trade has been rather backward.
Cotton NOt Much Hurt.
Reports from leading crops are more
avOrable. Cotton has not been hurt by
rosts TO the extent feared. and freer .
ales OF the staple have helped Southern
rade and collections. though the late de-
line Is inducing holding. large area
n wheat has got q good start before the +
old weather.
The one really huTtful development, it ;
elf an outgrowth of suporabundant pros +
.erity, is the growing tension as re
ards transportation facilities. This IS
citing worse instead of better, and the
rain, lumber, coal, and iron and steel
rades all feel the bad effects Of delayed
eliveries. Demands for increased wages
re an additional feature pressing for at
ention upon railway managers. but ami
able settlements are hoped for.
Collections are Irregular. Southern nav
rents being better, while grain blockades
lterfere with Western and Northwestern
epOrts. Money, as a whole. Is still I'm
ctive demand and firm. November l: dis
urSement preparations have also harden
4 the marker tpr1DOra rfTv