The Minneapolis journal., 1906-10-20
MERCHANTS RE.ORDERING
BUSINESS OF RECORD VOLUME IN
ALL BUT A FEW UNIMPoRTANT
LINES, .si> L.s-t>r'] ..-ss@r i -

New York Oct 20.-Bradstreets says: Trade
continues of large volume, and while the ord-
nary rush of fall business is over and next
springs inquiry is receiving attention, active
retail demand has induced a heavy volume OF
Recorder business from jobbers Except In a
few sections where mild weather last winter
left unsold stocks in hand, supplies of goods
are not excessive. Hence a continuance OF the
active recorder trade Is likely
Perhaps the most active branch of wholesallng
and jobbing is that of cotton goods, which are
In heavy demand with slow deliveries still COM
planned of. There, Is also better tone OF
woolen goods. worsteds leading as heretofore.
Prices are steady as whole, ana the hgii
range of all quotations does not seem as YET
to be reflected in reduced sales. IN general
distributive lines the reports are almost uni
formly favorable. Industries return reports OF
great activity the iron and steel, metal work
ing, coke, cotton, other textiles, furniture, car
pet and practically all lines are pushed. En-
ceptions found in shoes, which have not
been well ordered year ago for fall
and winter, tho eXCesses on last springs ac-
count make a net gain for the year as whole.
There is complaint that low prices offered for
grain are restricting sales by farmers west and
northwest but lack of motive power and OF
is credited with holding back deliveries
There Is complaint Of slow trade In -four on do
nestle account, but export inquiry seems Il
have improved.
Speculatively dealt in staples such as cereal:
and cotton are rather quieter than Of late. II
the case of cotton such feeling is natura
alttt lhe advances, WHICH nave Hluucet
realizing and fresh short sales, especially a.
frost damage is minmZed in later reports.
The feature of the iron and steel trades !:
the pressure to produce sufficient quantities t
meet requirements. High prices and premium
Tor prompt delivery seem to be the rule. PiE
iron Is higher, and high $25 a ton ha
been paid for No. foundry in eastern ant
western centers for spot supplies. Besseme
pig iron commands very high prices In thu
central west. In the Chicago district furnaces
are sold ahead fer the first quarter of 1907 ant
nearly for the first half of the year. Stee
bilets are everywhere. and car builder
have bought forging billets In the Chicago dis
trict In fair quantities. An importation o
13,uOo tons for forging billets for in TIL
central west IS reported and further i'm
ports of Scotch foundry iron and low phos
phoruS pig have been arranged for. Deman
for structural material and plates continue
good with builders figuring largely in til
tonnage ordered. Steel and iron bars firm
New orders for steel rails only modera te
Merchant pipe is up 81 ton black
galvanized pipe and 81 ton on casing. Pre-
miums for sheets and tin plates are becoming
more prevalent. Sales of lake reporte
to have been made at an increase Of 30 and I
cents, ton. .
business failures for the week ending Oct. /
number 10 against 1872 last week, 11S in tn
like week Of 1905, 227 i'll 1904, 2l6 in 1908 an
1914 in 1902
Wheat. including flour xports from the Jni
ed States and Canada for the week ending Oct
Is aggregated 1881. .Sll bu against 3,257, $50 las
week. 2,S3l.4I2 this week last year, 1.O66. .4G
in 1904 and 4.95213 "a in 1901. For the pas
629& l6S against -, 100, ,319 in 1905 20, 97234
In l9o4 Gtld 95,J3O 959 in 1901. Corn exports f,
the week are 1890 bu against ,U22, ,43U la:
week, 7'6. 40 year ago and 797, ,OoS in 100
t"r the fiscal year to date the exports al
II ~ 81 bu against 17,269,325 in 1905 an
S,S45, 81 in 1904