Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1906-12-29
LESS Than USUAL
Dizziness in General Bus
mess Follows Holidays.
Cotton Holds Strong, Despite
Period Of Inventory Taking G.
Tanners Paying Premium For Quick
Delivery Of Hides.

New York, Dec. 2S.-R. G.. DIM e
Cos. Weekly Review of Trade tomor-
row will say:
Less than the customary dizziness in
general business followed the holiday
and Christmas week made a favor,bIo
comparison with previous years as to
the volume OF trade. Retail sales of ee,-
Sohablc wearing apparel have been
i"'sc on account of the low tempera-
lure IN most sections and final reports
OF ncllday business equal the most SAN
Sulne preliminary statements.
JobberS are not actively engaged in
the primary markeSt for cotton goods
ana no sales of size are expected until
after inventories have been taken. Con-
vertcrs purchased sufficient supplies to
cover present needs. which adds to the
disposition to delay operations Yet no
weakness is seen and the future of the
market depends upon spring business
Squalilng the volume anticipated by
INC large initial demands. Few BUYERS
are now in this market. but holders
are not urging sales and the steadnass
Of raw cotton is a supporting inGu-
ence. Export inquiries have not in
creased. even the slight interest fer
merry shown in shcetings having Ii-
minshed. Few developments have ap-
peared in mems wear woolens but ac-
tivity is anticipated after the holidays.
Wool goods continue to develop a little
faster than worsteds. Indicating that
the trend has changed, or that larger
stocks of the latter were carried over
Prices for packers hides are firmly
maintained and some ! varieties have
risen still higher. an clement of
strength being the extent to which
hides are Sold ahead. Tanners in need
of prompt shipments are often COM
PEELED to pay premium. One packer
who also operates a tannery, has been
selling hides freely because of the
greater profit offered by disposition Of
spot raw material than can be secured
on subsequent sales Of leather. There
is no change in the country hide mar
ket, however, and foreign dry hides
are readily sold at further concessions.
Europe offering Latin-American hides
here owing TO the decline at London Of
Il: cents on BoGats from the highest
points of the season. Leather is quiet. |
but more active than is customary at
being recorded at Boston. A crafty
ing Improvement is noted in the de-
mand for upper leather, especially calf
skins. which soil freely for export !
Weakness in foreign hides has not as !
Yet affe ctcd leather. |
Nest Eastern shoe manufacturers are |
making inventories. little attention be- |
ing given to new contracts. but there |
is a fair influx of mail orders for |
spring delivery and shops have con-
tracts covering productions for some
time.
Narrow holiday markets have pre-
vailed in the leading staples Of the
farm small changes in prices occur
ring and no developments of siSnif-
cameo being recorded.
FaiIi;reS this week numbered $50 in |
the United states against 221 last ycIr.
and l. in Canada, compared with y
Il year ago.
New York. Doc. cS.-ConCcrninS Ca
madam trade. BradStrcct'S Review will
say:
Canadian holiday trade was the
largest ever known. Stock taking now
engages attention and following this
for spring will begin The
weather is good. country trade is large
AMI wholesale business is scaSonahy
luiot.
Failures for the week number IL. az
against II in this week a year ago.