The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-10-26
TRADE INCREASES
GROWTH IN SOUTH AND
WEST NOTICEABLE.
Country's Commerce Has Not Been
Affected by the Recent Financial
Situation.

NEW YORK. Oct. 26.-Dun's review has
the following to say regarding trade con-
ditions;
Trade reports are irregular, the events
of the week in this city tending to cause
conservatism in preparations for the
future, but current retail trade is active
throughout the nation. and the leading
industries maintain active machinery at
most plants.
An encouraging sign IS the absence of
cancellations. T-ransporters are unable TO
handle promptly all the freight offered,
and railway earnings in October thus far
surpass last years by SIS per cent. Bank
exchanges at New York for the week were
s per cent. smaller than In 1906, but at
other leading cities there was a gain of
1913 per cent.
Ii is most encouraging to note in dis
patches from Pittsburg and other leading
centres of the iron and steel industry that
no cancellations have been received, and
that specifications on old contracts main
tain activity at most mills and furnaces.
The receivership of the Westinghouse
companies Is regarded as u temporary eX-
pedient, necessitated by monetary condi-
tons, and there is no evidence OF weak
ened confidence among manufacturers.
New business is light. as might be ex-
pected at such a time, but plants are fairly
well occupied, except tinplate mills, which
have shut down about 80 per cent. OF their
capacity. This is not an unusual event
at this season, butts augmented by the
In eness of the canning tcrop and the sharp
daoIine l., Tin MANY Mate and structural
steel mills have contracts covering output
~ 49, "a ~ the vear and urices will
~ w,tn+ainad n rev1 orders are not de-
pe
lsIneu ~ ~ oo,,,o ~ tbe week
ING IN ,ipp Ii ~ ordor IN meet
occulleu IA Helt -si,a5 aoads \
the conpetllion Oh rerolleu soou' ohead
Cotton mills ave orders 80 lar 49,
that current events produce lt.N 49,
but there is an evident ~lndlsposltioh on -
part Of the buyer 10 operate iur.iei M
the future, while the producer ~ NV
anxious to do business. quotations ioI y
mote delivery arc almost nominal, ana re-
ports are circulated of business affecteo az
radical concessions. but this probably re-
fers to special lines which did NOT i""3
| share the preceding activity.
standard %cottons are still only sou az
fnll dcures and for late delivery. Lower
onotations for raw cotton are not consia,
cred influential, although that factor misn.
he felt were it not for the more poten,
effect of the financial SITUATION hoc''
jobbing trade In cotton IS limited. 80
No change appears IN the HsInes - ~
wooden goods uncertainty pel - hotter
spring Styles aithousn eiotnsc.s nrnIi-
informed regarulhs y - ~ ,9en,s wear
cate orders are TeceiNeu ~ ;ntarost beine
DIVISION, lne ~ mnadiate delivery Of
the uenaIu !"
heaVy "e.shs tootvear manufacturers
new tra5a ariat and conditions I'M
lppo.a Vvbolesalers throughout the
onuotry are doing a good business, but
10 conso,-vative regarding the anticipa-
ton Of future wants. Some jobbers are
1vaiting confidently for lower quotations,
which reduces the reserve business on the
books of the factories, and severai plah's
are nearing the end of Their ORDERS
In isolated instances orders are repotoeu
for and FEBRUARY uenVeIs, ot ~
the bulk of new business is eohllueu :
orders for quick delivery Oh seasona
lines. Leather Is ouli' shoe manul"aa
purchasing only TOT acloal Tast
Business is espee'ally qu'et AT Il W.,
but a STEADY volume is holeu ae sns.,nu "a.
and South. Heavy Eole ieatnei n,,ioting
scarce, but ight Welsn.s - - aanoos.
and large oruers couiu " pi"e oa,oItIno
sions in prices. Iaineta 49, ins,st
further declines IN hlues' nv nonnine
are still too nlgn, anu SUM ~atariaI is
! 70 reduce DTOQucIlOH ulili Ao"
.a1a1lu pnad