The Washington herald., 1907-09-21

New York. Sept. 20.-Bradstreets review
Of the state Of trade, tomorrow will sayi
Whether attributable TO the improve
ment IN the general financial situation or
because Of favorable weather. allowing OF
additional crop development, there is a
perceptibly better feeling in general COM
mercial lines. Warm weather has favored
corn, and 75 per cent Of the crop is now
reported out OF danger from frost. while
the same influence has allowed cotton
opening rapidly and packing and market
ing becoming general There IS also less
strain in time money, and some extensive
operations previously held up have been
consummaJed. FAN jobbing seems TO
have reached and passed its zenith, per-
maps trife earlier than usual. and now
the travelling men are preparing TO go
out seeking recorders.
Retail trade has hardly been as brisk
as desired or expected. because the warm
weather while helping crops. has not
stimulated fall buying 70 any great ex-
tent Reports as to jobbiug trade so faB
this fall are favorable, though the under-
tone Of conservatism is still perceptibIe.
ana the feeling is that frequent, rather
than large, buying is 10 be the keynote cg
the autumn trade. Still, while the larger
markets generally report a cessation OF
activity, the volume Of shipments is
heaFy, and the smaller markets are re.
porting the influence Of completed har-
vesting OF OF fall festivals in enlarged
transactions.
There are still many cross currents
visible. which prevent generalization. and
enough irregUlarity TO convince many OBJ
servers that a quieting down or excess
sive demand, cOncededlv desirable IN
some lines, is not improbable. Easier
money conditions are reported 10 have
stimulated buying Of raw wool by man
ufacturers, and q number Of lines oe
cotton dress fabrics for next spring have
been opened at considerable advances
On the other hand. the recent drop Of one
and one-quarter cents tn cotton. conse-
queut upon enlarged movement Of new
crop has made for further ease II cot
ton yarns, and there are reports Of lower
prices made for mems wear w0olens for
next spring for some manufacturers"
Dun's Weekly Review.
Dun's weekly review will say
Distribution Of fall merchandise az re-
tail increases steadily, except in some
sections where the weather has been uu-
favorable. JobbeTs are stiu forwarding
large c0nsignments of dry goods and
kindred lines. and reports from the in
terror indicate confidence in well sUs-
tained business during the autumn and
winter. Some interruption was caused by
the religious observance. and there ara
still complaints Of caution al Eastern
cities regarding future operations, on ac-
count of the financial situation; but On
the whole. mercantile collections ara
more prompt.
Manufacturers have orders on hands
assuring active machinery for some
months, even IN the industries where con-
ServatiSm is a noticeable feature. while
each week puts vast quantity Of agri-
cultural products beyond the reach q
early frost, which is now regarded as the
only serious menace TO the great farm
staples.
Producers Of pig iron appear TO have
reached a basis upon which business can
be transacted. and increased inquiries
have checked the downward tendency OF
quotations. The decline has not attained
disturbing dimensions, no sensational
changes occurring. but the gradual re-
ulClpNS nave marked TIE recent period
Of inactivity. Purchases are more liberal.
especially al the East. although most in
terest Is shown in deliveries during ths
balance of this year.
Textile Plants Busy.
Textile plants are still busy. with the
exception Of some CUrtailment In w0Olens,
and cotton mills make better returns than
any other large Industry as 10 tie amOunE
Of business on hand.
Primary markets are somewhat dis
turbed by the extensive decline in price
Of raw cotton. new orders decreasing q
prospective purchasers endeavored TO Sc
cure concessions in price Of goods c0m-
mensurate with the change in cost Of ma
teriaL Financial stringency is also felt
both in the disposition 10 reduce opera
tons and the efforts OF holders 10 disposa
Of goods even al sacrifice.
Commercial failures this week in The,
United States are 196. against lS9 lasr
week, Us the preceding week. and 200 the
corresponding week last year. Failures
in Canada number 3. against - last week.
y the preceding week. and Is last year.
OF failures this week in the United States
there were y South. a West. and % in
the Pacific States. and 81 reported la
Dilities of $500 or more. AGAINST 81 lasr