The San Francisco call., 1909-12-11
weekly Trade Rexiew

NEW YORK, Dec. lO.-Bradstreet's tomorrow
will say:
holidays have stimulated trade quite generally
throughout the north and west, and even helped
the southern trade. especially in the western
part of the cotton states
As the week advanced there seemed to he
evidence that the railroad strike was losing its
effectiveness a trade deterrent, though sta
tistics of flour output at large northwestern
affected
seasonable quieting shown that the season
Of stocktaking is close at hand \ large al
though perhaps not record volume of business is
Indicated, but there IS general complaint that
high costs restrict profits
There is particular evidence of slowing
down in industrial opera tions. but new business
in several lines shows what is termed seasonable
quieting. The iron output is of record proper
tions, bat new buying in pig iron is smaller
some soft spots have been developed and finished
lines are not quite eagerly sought for In
other lines manufacturers are still buying freely
of materials. which a rule are firmly held
Reports as to activity in shoe manufacturing are
best from the west.
Business failures in the United States for the
week ending with December 8 were 25g against
230 last week. 296 in the like week Of 1908 2s4
in 1907. 220 in 1906 and 226 in 1905.
Business failures in Canada for the week num-
Der 30. which compares with 25 last week and
60 in the corresponding week of 1908.
Wheat tinciuding nour) exports from the
December aggregate 1890 457 bushels against
2,e46 last week and 3.759. 493 this week last
December
exports are 1926. .447 bushels against i02 III
is2 in the corresponding period last year
Corn exports for the week are 56e 224 bushels
against 356.523 last week and ]. 10f 0s4 in 1908.
For the % weeks ending December corn OK
PORTS are 4,6l5,s63 bushels, against 6,3s3 90
last year
r. G. Dun & Co.'s Weekly Review of Trade
tomorrow win say:
The near advent of the holidays and the close
OF the year naturally curtail operations in most
primary markets. though retail trade is CORE
spondingly augmented and every indication points
to a very large distribution of merchandise.
The difficulty experienced by the steel, mills
in making prompt deliveries ia the cause of
some abatement in the demand for finished
products while the lull in pig iron buvinp is
becoming more pronounced production ranidiv
oyertaking consumption requirements
Cotton goods are steadier and larger purchases
OF dry goods have beens made contracts
Fall openings woolens and vorsteds are
being announced but at higher prices The
immfDence OF the government cotton report held
trade somewhat In check most of the week but
there rs general disposition TO move conser-
vatively In view of the sustained high position
of cotton.
New business in boots and shoes is less in
evidence. but the demand has shown healthy
improvement and manufacturers are optimistic
Trade in leather continues quiet, but the marker
remains in strong position, as tanners are
we'll sold ahead and stocks are small Packer
weakness is shown in cowhides owing to the
Increased slaughter Country hides are again
lower and Chicago bufs are quoted down TO
1919 cents. Foreign hides are barely steady and
late auction sales have followed the lead of the
recent large Paris auctiony