The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-22
TRADE FACILITIES TAXED.
EXCESS OF BUSINESS MAKES DE-
LAY IN SOME CAsEs-LABOR
AND CAR SHORTAGE,

New York Sept. 22.-Bradstreet's review says:
Jobbing trade continues active, altho something
like natural reaction from the high tension
buying of the past six weeks is noted. Manu-
featuring industry is as active as heretofore and
sold up conditions and backward deliveries are
almost universal tho shipments orders are
very heavy. Retail trade Is rather slow to
open up. Crop reports are rather more irregular,
while corn Is Practically out of danger and
threshing returns are less heavy than expected,
pointing to a smaller yield Of bread wheat than
earlier indicated. =, ~ w.. =,
The prosperity OF the farming community is
such that general holding movement would
have important effect upon the return flow
of money from the country The demand from
the country for currency Is still very heavy and
high rates are looked for despite heavy gold
imports until after Oct. /, when the crop move
ment is expected to enlarge. Business failures
are down to the minimum, bank cearings con-
tnue to expand and current gross railway earn
1ngs exceed last year by fully 80 per cent. Car
shortage troubles are complained Of in many
places and something like another squirt has oc-
CURED in buying by railways of new material.
such as rolling stock and rails. From nearly all
parts Of the country complaints Of labor scar
city come, the pinch being apparently greatest
at present in 'he cotton fields. All In all. the
situatio is steady one, the leading drawback
being friction growing out of an excess of
business Offering for facilities employed.
Pig iron for prompt delivery commands high
figures. In finished lines large orders are
being awarded and demand for prompt ship
ever, which brings up the question of heavy i'm
porting.
Business in wire products Is very good, but
some cutting Is reported at Chicago Coke Is
easier, labor conditions at the having
been improved. Orders for bituminous coal are
Increasing at the west, where car shortage cur
tails shipments from the mines, but in the east
business is very dull. Copper Is higher, but
tin is lower. There IA visible slow but rather
steady hardening Of cereal values which may
have an important influence the crop move
ment II continued.
Leather demand has again improved. Hides
are firm and unchanged. The outlook in tobacco
Is very bullish. Demand is active and offerings
Of Havana leaf are eagerly taken at high prices.
The Cuban trouble makes for uncertainty as to
the 1907 crop Domestic aHvices are rather less
favorable than earlier. The Virginia crop is
claimed to be only three-fourths of an average.
Business failures for the week ended Sept 20
number III against 164 last week, 173 in the
like week Of 1905, 2O3 in 1904, 1856 In 1908
and 172 in 1902.
In Canada failures for the week number %
as against II last week and 80 In the CORE
spending week last year.
Wheat, including -four, exports from the
United States and Canada for the week ended
Sept. 20 aggregated 4.677,522 bu against 1885,
PIG last week. 2,17s,42s this week last year,
1854 1878 in 1904 and 4,47o, 1862 in 1901. For the
past twelve weeks of the fiscal year the exports
are IS. 3o3, 367 against 13,961 sol in 1905. 49,
26O 400 in 1904 and 74127 los in 1901. Corn
exports for the week are 145,751 against 1885,
1893 last week, 1,272,495 year ago and 657,-
800 in 1904 For the fiscal year to date the
exports are 7.9SS41s against 3,131 ,OS7 in
1905 and 1885, $50 in 1904.