The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-12-21
Bradstreet's Report.

Bradstreet says Z
Holiday buying has had the center
OF the stage, and retail business. has
felt very perceptibly the influence of
the spirit of the season While much
more marked than some time ago,
however, the volume of retail buying
as whole is NOT up to expectations,
and is certainly we'll below a year ago
at this date. Wholesale and jobbing
business naturally tends toward quiet
at this time, land statesmen are very
generally in from the road but the
falling off in transactions in these
branches from the normal is very
marked at present and the tendency
in industrial lines is still toward cur
tailment, Instances Of this being
found in4the iron and steel bitunnin-
Gus coal, coke, lumber and &, cotton
goods lines, in which latter~a canvass
is now being made by New England
manufacturers as to the future of pro-
duction, Sentiment as to the outlook
for trade next wear is very mixed.
sGondi ticns. IN, efa1 circles are still
slowly but quite u surely approaching
normal. From the country : at large
there Is reported d continued easing; up
Of the situatIpn as regards cash pay
HleHtss and seye kcities are Practically
on "a cash basi sAVith clearihgs house
certificates befaf acanceled and cash
ier's Checks and emergency CURRENCY
being retired; but it is to be noted that
the premium on currency sssstiH main
tafned at seVeral1arge cities,@and1 unit til
this disappears the normal can not be
said to have beenk restored, The firm
ness of, call and the scarcity of time
money at New York with the main
tenance of currency premium at or
around one per cent however, is taken
to, indicate the conserving of money
supplies pending the heavy first of the
year disbursements Interior cities
show more inquiry for commercial pa
per and considerable loans made on
time. Commercial collections are very
slow, and as yet reflect little benefit
from the current holiday purchases.
Several cities enlarged saving bank
Withdrawals, presumably due to holt
day expenditures ~,
A very favorable feature in the pres
emit period of depression is the tendency
toward enlargement of our export
trade. This is most notable in the grain
trade and not by the way, entirely on
the east coast of the country because
the movement on the North Pacific
coast is very large, and shows signs of
heavy taking of wheat largely for the
United Kingdom.
Business failures for the week ending
December 10 number 2oS against 2S4 last
week 227 in the Hike week of 1876; 235 in
1905, 249 in 1904, and 243 in 19o3.
Canadian failures for the week num-
her 40 as against so last week and 26 In
this week a year ago. So
Wheat including flour, exports from
the United States and, Canada for the
week ending December 10 aggregate
1851 .122 bushels against 61S5,573 last
week; 3,2o3, s24 this week last year and
4, 1892, 1872 in 1901. iees
For the 25 weeks of the fiscal year
the exports are 107.721,755 bushels
against 81 ,173,494 in 1906-07, and 1S9, $685.
760 in 1901-e2. Asz.tss
Corn exports for the week are 1,02l.-
7e9 bushels against 475,824 last week
and J. 325, 1854 in 1906 For the fiscal year
~ date the exports are %, ISL, 952 bushels
against 22,17O,4S1 in 1906-07