The Montgomery advertiser., 1907-05-25
R G. DUN'S REVIEW
FURTHER PROGRESS in Spring,
MERCHANDISE DISTRIBUTION,
Latest Reports Indicate thar warm
Weather In Some states and Much
Needed Rains Have Ben.
Gifted CrOps.

New York. May AR. G.. Dun &
CO.'S weekly review of trade tomor-
row will say:
Further progress was in the distri-
pution of spring merchandise this week
but the season is still very backward
ana much stock will be carried over.
some evidences of caution Followed
the violent rise in price of wheat and
frequent rumors of crop disasters. Lat
est reports Indicate that warm wealth
er IN some States and much needed
rams In other sections have given the
tardy grain and cotton better start
L1eadlng manufacturing industries have
not curtailed operations, several adj
vances In wages have occurred and
there are numerous encouraging devel-
opments to offset slow progress on the
tile collections at many cities Much
neW business is pending in the iron
ana steel industry and a large tonnage
was placed during the past week but
ahead that interest is greatest in spec
ihcations on old orders. As these are
OF noteworthy size II is evident that
consumption is fully maintained and no
setback can be discerned in any de-
partment. A conspicuous feature is the
demand for bars from makers of farm
implements. This business is larger
than last years. Indicating that no
anxiety regarding the crops is felt in
this industry. Business in steel rails
includes large. quantities for Japan and
ing deliveries during the first half of
next year while light rails for trac-
ton companies are under negotiations
put this large tonnage depends upon
FUNDS being raised for projected lines
Structural steel mills have extensive
inquiry for office buildings, factories
and railway bridges. most of the pres
sure coming from Western cities
In the textile industries the event
OF most interest was the Increased
firmness In cotton goods on account
a better demand for the finished pro-
duct from many buyers who just be-
gan to appreciate the fact that no adj
vantage would be gained by further
much talk IF additional changes on
wages. -
There lis no foreign business in cot
tons export inquiries fro mthe Red Sea
being too far below the market Lit
ft1e realizing of export goods in the
domestic market occurred. although the
attempt was made. Improvement is
noted in wooden goods. yet buyers of
mems wear are conservative, restrict
ing operations to certain lines that
footwear are 21-2 cents cheaper, but
more good grades are firmly held, and
New England factories. are well sup
piled "a with With. orders for the better class
active but there is a good movement
of sole. Domestic hides of late sailing
are firm, but there is little inquiry
for long haired winter stock. All for
eign hides are weaker.
Bradstreet's Review.
New York. May "a -Bradstreet's to-
morrow will say:
Crop and trade reports are irregular
but there is a slight Improvement WIS.,
fble as whole. owing to higher tenn
peratures. This is most marked in, the
Southwest and Northwest. where warm
er weather with needed rain has help
ed crops and encouraged buying. Lead |
ing Eastern markets report retail
trade tagging and as a whole the |
country's distributive trade needs
steady warm weather to insure the
heavy. retail trade of the spring of
1905 being equalled In the central
south. the volume of retail trade is
behind year ago almost without ex-
cception. AS to jobbing trade 1t is to
be noted that recorder business has |
been also backward. At leading East |
ern centers the demand for cotton
goods is feature of activity and high |
raw material and cost of manufacture |
is reflected in advanced quotations for |
cottons of many kinds. The mems |
clothing trade is rather quiet at re-
tail. and the demand at wholesale for
mems wear fabrics is not brisk for |
nearby delivery.
Foundry pig iron markets are frmer. |
Business for 1908 is appearing in va
rious lines. Within the week $4,000 |
In Cleveland for delivery in the first |
art of 1908. the price basis being S22 |
per ton valley furnaces. Some South |
ern iron has also been disposed of for |
the first quarters shipment the quo
tations being $3.50 Birmingham. De-
mand for basic big for delivery in the
lost half of 1907 is quite heavy with
much business in sight Large or
ders for steel rails for delivery in 1908
have been placed, the tonnage aggre-
eating about 100000 tons Makers of
fam implements have decided to
wait no longer for price concessions
and they have ordered steel bars rath-
er heavily--have taken more in fact
than they did a year ago.
Business IN structural materials is
good and specifications are heavy but
orders for shapes are not so large as
for other finished lines. Business
failures for the week ending May %
number 165 against 1874 last week and
40 in the like week of 1906.
Storm in Texas