The Washington herald., 1906-11-17

New York, Nov 16.-Dun's weekly re-
Fiew Of trade tomorrow viii say:
eTrade expands under the stimulating
ih ,iuence Of cold weather and mercantile
con Aeetions improve, although rates for
money continue high. Travelling statesmen
send in large orders TO leading distribut-
ing points, but movement Of merchandise
is still retarded by inadequate transport
ing facilities. Seasonable lines Of wear
ing apparel and holiday goods attract
most attention, while staple articles OF
every description are in steady demand.
Current business IS good, and prospects
for the future were never brighter.
Aabor disputes reach amicable settlement
\ most cases. wages being advanced in
- numerous Transporting and manufactur-
irg industries. The most striking develop
ment OF the week was the unprecedented
output Of pig iron In conjunction with
81 large imports and advancing prices, ind-
eating the greatest activity ever attained
By steel mills. Other Industrial reports
were scarcely less gratifying North
western flour mills produce less freely
than at this time last year. but state
ments OF decreased activity are rare.
prospects in the iron and steel indus
are bright beyond precedent. Con-
ssacts cover capacity Of mills far into
next year. and in some cases TO 1905. while
the small tonnage that can be delivered
promptly commands liberal premiums
Steel Trade Is Encouraging.
Wire products have advanced, but as
- rule finished steel shapes are held
steady by the conservative leading in
terests, and the outlook for the future
IS most encouraging on that account A
heavy tonnage of new business was Of
iered during the past week in contracts
FOR structural material. covering bridge
work by the railways during all of next
year, and plate mills fall further behind
with deliveries. Rails are selling freely,
with notable frmness in weights lighter
than standard.
Textile industries are active, but the
Iimary market for cotton goods has
1ieted down after the conclusion Of
pitial purchases.
Joobers have received such very liberal
Borders from the West and South that
many Of their purchases will find ready
distribution in legitimate trade channels,
while many others who operated more
conservauvely may find difficulty in at
tending to the wants Of their trade
while the woOlen goods division is still
quiet on the whole, there is evidence Of
J increased activity In some departments.
and buyers are complaining OF the delay
pat attends deliveries OF dress goods
fatheT Is more quiet but most grades
sry firm, sales Of packer hemlock sole
ing reported by Western tanners at Il
al cent advance. No activity in this
ain
ever as cutters are believed to be well
uppHed.
Commercial failures this week in the
Faited States, as reported by Dun & Co.
%-fre-9 9S55 agGinsr 172 iast week $50 the pre-
ceeing week, and 24o the corresponding
week last year. Failures in Canada num-
Der 81, against 81 last week. - the pre-
ceding week, and q last year.
Bradstreet's Report.
Bradstreets review will say:
Further and serious congestion Of rail-
way shipments, more advances in wages.
satisfactory recorders. a larger volume Of
Aspring trade. greater activity in retail
ines, in ConsOnanCe with colder weather
marked development Of demand for hol-
ay novelties, and persistent requests for
domestic and foreign iron and steel. are
among the features OF an exceptionally
S busy week.
While recorder business is Of satisfactory
proportions and spring trade is developing
soodly volume, activity is most marked in
retail lines, trade in which has been con-
= siderably stimulated in other ways.
At the same time the general situation is
marred to q considerable extent by car
shortage, which seems TO grow more
AcUte. Complaints Of Door deliveries are
piespread, and while the railways are
making every effort to remedy the situa-
yAon, little progress is made in that direc-
ticn. Because Of these delays collections
IRE not so good as they might be- though
most Of the improvement reported last
week is maintained.
sShipments Of grain probably suffer most
rom the congestion but deliveries OF fuel
70 manufacturing plants and shipments at
iron and steel mills are also hampered. In
dustrial plants are being pushed to the
utmost, foreign iron Is coming in in vol
ume, labor is scarce, and wages. especially
4 those Of railway employees, have under
gone further favorable changes. Gross
railway earnings advanced Il per cent in
october, as compared with October, 1906.
All in all, the situation through most
sections Of the country is an inspiring one
I except in Virginia, the Carolinas. and
Georgia. where short or injured crops
lve curtailed collections considerably. re-
y suited in requests for extensions. and
Aampered trade, and In parts Of the
Northwest, where bad weather and slow
wheat crop movements have made trade
and collections backward