The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-10-27
FALL TRADE ACTIVITY
UNPRECEDENTED DEMAND FOR
THE sEAsoN-CAR SHORTAGE
THE ONE BAD FEATURE.
~ York oct. 27.-Bradstreet,s saws;

New York, Oct. 27.-Bradstreet's says:
Trade is unprecedentedly active for the season.
4 Retail trade has broadened out with consequent
increase of the recorder demand from, jobbers and
there is rather more doing on spring account.
Higher prices for cotton have helped southern
\ trade, inducing freer marketing and eniargns
country trade and collections. Good reports also
( Gene from the central west and Atlantic coast
points, where weather conditions have improved.
Something like an unfavorable cross current IS
I visible in the northwest, where car congestion
and overlooking country elevators are complained
/ of as affecting marketing of wheat.
J The grain trade generally also complains OF the
car congestion causing losses owing TO export
business being delayed. This weeks reports or
grain shipments, however. show large exports of
both -four and wheat from both coasts. Strikes
| Of grain handlers curtail shipments; from some
! Pacific ports.
| Reports from leading industries are Of unabat-
! ed activity. Higher premiums are being paid
for what little spot iron can be obtained; rails
are more active and imports of foreign pig iron
F. are increasing Reports of labor scarcity are
/ still we'll nigh universal, and the movement
of the cotton crop, the shipments of lumber, the
outputs of coal and the deliveries Of various
mills are still restricted from this cause, or
by reason of inadequate car supply. Voluntary
wage increases are reported in numerous lines,
but, agitations for higher compensation nu-
merous.
The price situation is exceptionally strong.
Grain prices are very steady
An extra demand for spot pig iron, espe-
cially from New England smelters, results" In
very fancy prices being paid for prompt
supplies, as high as $50 the ton being freely
given at some points.
In cotton, prices have tended downward. In
cotton goods the feeling is one of steadiness and
the market is certainly less feyerish, tho really
higher In price, Print cloths are 1sc higher in
quotations for many makes of bleached goods,
brown cottons, muslins and similar fabrics have
hardened. Wool has seen the most active deal
ings Of the year and holders prices have been
generally accepted.
ID
in shoes and rubber footwear at the west, but
fall and winter shoe trade is not hardly good
as hoped for.
Leather is STEADY and current demand prevents
aceumulations. Skins and hides are in good
demand and prices do not weaken.
The largest sales for any week this year are
reported in the Boston wool market. Large mills
have bought very freely, the. total sales running
over 25,0OO,O00 lbs
Business failures in the United States for the
week ended Oct % number ISL against ITO
last week, IT'S in the like week OF 1905, $50 in
1904, PIT in 1903 and 1914 in 1902.
In Canada failures number is against IS
last week and IS in this week year ago.
Wheat. including flour exports from the Unit
ed States and Canada for the week ended Oct.
rs aggregated SIS, GIT hu against 4,931 ,S41 last
week, 1867, 100 this week last year. 1,479613
seventeen weeks of the fiscal year the exports
are 5s,17S.5s5 bu against 26,9l2,42S in 1905.
22.451 oil in 1904 and 1O2, 2O3 Sf7 in 1901. Corn
exports for the week 1.t95,111 btu against
1.319.o36 last week, 7oS,13S year ago and
449, 1877 In 1904. For the fiscal year to date the
exports 13.316.95S blu against II 977 463 in
1905 and 10, 2949OS in 1904.