Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-06-09
The COUNTRY'S TRADE.
Weather Conditions Still Far From
Satisfactory,

oaIASAdSIoAy
NEW YORK, June S.-Dispatches to
Duns Review indicate that weather condi-
lions are still far from entirely satisfactory,
although some sections now find 1t season.
ably
Boston reports that dizziness of retail
trade is beginning to be felt in wholesale
departments while the poor crop reports
increase conservatism Textile manufac-
turers are well occupied, however, and
shoe factories have fair orders the demand
for tan footwear beLg most noticeable.
Textile plants at Philadelphia are busy
hosiery and knit goods mills having orders
covering output during the balance Of the
season, but unreasonable weather retards
retail trade and collections. Weather has
improved slightly at Pittsburg, but retail
trade is still irregular, although labor is
we'll employed especially in the steel in
dustry.
Wholesale trade Is normal at Baltimore,
but merchants in the Mississippi cotton belt
are canceling orders because of the poor
crop outlook. Warmer weather has i'm
proved retail trade. A healthy tone per-
vades all lines in Atlanta, lumber and build
ers supplies being in active demand and
manufacturing plants have large orders on
hand. Adverse weather at Nashville has
made trade smaller than at this time last
year, and payments not prompt. The
volume of trade at Memphis has been re-
duced by unfavorable weather, but building
activity is pronounced and collections are
improving Louisville reports trade unfa-
vorably affected by the weather, yet re-
SUITS in May were better than last year.
At New Orleans there is disposition to
postpone new business pending develop
ments as to the cotton crop, and pine saw
mills are running about half time. Cur
rent trade is little more quiet at st.
Louis, but orders for future delivery are
large and collections fair. Retail trade at
Kansas City has improved with better
weather. while wholesalers report larger
orders for fall delivery than year ago.
Reports from Chicago show that weather
conditions are more favorable and activity
is more in evidence in production and dis
tributon. Jobbing and manufacturing lines
at Detroit report satisfactory trade, al
though seasonable merchandise is retarded
by cold weather. Retail trade is fair at
Cincinnati. wholesale dry goods sales in
crease and clothing manufacturers have
good orders, but complain of slow settle
ments. Little Improvement is seen in retail
trade at Cleveland, but manufacturers have
large orders for fall delivery and the iron
and steel markets are strong.
The backward season at Minneapolis
makes retail trade smaller than a year ago,
but jobbers report activity in fall and WIN
ter merchandise and building operations arc
on large scale. st. Paul reports that job
bling trade in May surpassed last years
and remittances are fairly prompt June
business has opened quietly, but prepara-
lions for fall are large.
Retail and jobbing sales at Portland,
Ore, liberal, while May foreign COM
merce surpassed all records. There is
good demand for wool and hops while the
yield of small fruits Is large Business at
Seattle is most satisfactory, although labor
troubles have caused some uneasiness.
Wholesale and jobbing trade is 80 per cent
larger than a year ago. The wheat crop in
Washington will be fully 35 100000 bushels
and lumber mills have more business than
shipping facilities
Bank clearings reflect a steady volume
of settlements through the banks an in
crease in exchanges at nearly every I'M
ported center for the week in comparison
with both preceding years showing June
payments to be larger than ever before.
Total exchanges for the week at all leading
cities in the United States are 81, 1876 627,-
ri, increase of Is per cent over last
year and IL per cent over the correspond
ing week of 1905.
There Is a gain at every city, except for
a small loss at New York and Philadel-
phia, and the increase is notably large at
Chicago, Minneapolis and Kansas City.
smaller volume Of bank exchange at the
two eastern cities mentioned, and the loss
in the average daily figures for the year to
date is due entirely to this important infiu-
ence; considering the extent of the de-
cline in security values the loss In bank
clearings is small.