The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1907-05-18
R. G. DUN'S REVIEW
Sensational Advances In Prices Of Farm
Products Especially wheat Fol-
10y d Reports Of Damage To
the CrOps.

gD
New York. May 17.--R. @. Dun and
morrow will say:
Improvement in retail trade followed
the advent of seasonable weather at
many points and payments were more
distributed but conditions are still
irregular. Sensational advances in
prices of farm products. especially
wheat, followed reports of extensive
actions emphasized the speculative ma
ture of the rise in quotations and tend
ed to restore confidence. Wholesale
trade in fall goods Is brisk from all
been seriously injured. Manufacture
inc plants are kept busy, a further in
crease in the rate of pig iron products
falling to keep pace with the con-
ranged. Freight movement is almost
prompt. Higher prices for pipe sup
piled the only change of Importance In
the iron and steel industry, the leading
ton on most sizes. Another feature OF
the week was the BUSINESS In rails.
covering the entire capacity Of some
mills up to .Ae end of 1908. There was
shapes. Cold weather has made il air
ficult to handle ore and In addition
to the delay to boats by storms. the
movement has suffered because of car
SHOTlake at ldhc pulls. RI nc SOh0 Jul
put and movement has attained such
exceptional dimensions that prices are
easier.
quiet conditions in primary markets
for dry goods are due to the fact that
manufacturers Of cotton are sold SO
far ahead that they cannot accept the
attractive offers constaply made for
early delivery: The trades is so far
in the price of raw material. but this
is a factor that must soon be reck-
oned with The demand for woolens
Is still moderate. Shipments of foot
slightly above the movement last year.
but new business comes to the mills
somewhat slowly. Leather is quiet.
Bradstreets Review.
New York, May 17.--Bradstreets to-
morrow will say: UnseasonabIy cold
or rainy weather throughout a wide
arear has checked retail trade retard-
ed collections and In connection with
claims of damage to crops, forced val
ues of all agricultural produce to high
levels. The Southwest, Central West,
South and leading eastern centers all
send reports Of backward retail trade.
a trifle more encouraging, but the cold
weather, however, prevents pest
growth in winter wheat and oats and
cotton and retards planting of corn.
The iron and steel situation, as
whole. is stronger. steal rails are be-
ing bought freely for 1908 delivery and
pig iron sells briskly for the last half
of the year at higher prices, Another
strongly situated line is that of cot
ton goods which fell thes Impetus OF
current demand still exceedingly de-
livery, of hign prices for raw cotton
and of widespread advances in wages
of mill help. There is also more DO
ing in wool at the west where the
deadlock between dealers and produc-
ers has been broken.
Prices have been paid which indl-
cate that eastern quotations must ad-
vance to show profits for the dealers.
There are reports that unfavorable
weather has checked building In some
sections, but large primary lumber
markets report good demand ana
firm prices.
Business failures for the week end
ing Mao 49, number 1874 against 154
last week and ISL in the correspond
ing week of 1906. Canadian failures
for the week number %, as against
Is last week and Is in the cores
ponding week year ago.