The Oskaloosa herald., 1909-10-07
COOL WEATHER
GOOD FOR TRADE
Railroad Traffic Expanding and Idle
Cars Fewer.
BUYER AND SELLER APART
Manufacturers For Better Prices In
Textile Trade. Cancellation OF
Wooden Goods Orders Has
Cleared Atmosphere.

Cleared Atmosphere.
New York, Oct. 2.-Bradstreet's to-
day says:
With the advent of cooler fall wealth
er this week, a bar to the fullest trade
in the development has been removed
and final development has been en-
larged.
The railroad traffic is expanding and
idle cars have about disappeared from
the list as the crop. industrial and gen.
eral merchandise movement have ex-
banded. Industrial reports are still oil
expansion and the trades allied to the
iron and steel industries are returning
reports of full or extra time.
In the textile trades ohere are evi-
dences that buyers and sellers are still
apart on the question of prices OF maui
nfactured cotton. High raw material,
the highest in fact recorded for years
at this period, leaves manufacturers
distinctly to book freely at existing
quotations. 1t is true some buyers for
next spring and summer are evincing
a willingness to pay advanced prices,
and quotations are certainly firmer or
higher as a whole, but good portion
of the trade still hangs off. Manufac-
turers, on the other hand, appear in
different and are discussing curtail-
ment of production to bring about the
desired reimbursement. In the wooden
goods trade cancellations of early pro-
fuse orders has cleared the air of un-
certainty as to the real propositions of
business booked, some purely specula-
tive ordering having been written off,
but those goods and raw wool remain
in very strong position. In leather
exported trade is for sole leather, with
prices strong, while upper leather,
hides and the demand for shoes from
eastern manufacturers is quiet.
Business failures in the United
States for the week ending with Sept.
30, were 1875 against III last week, 225
in the like week of 1908, 1T in 1907,
1876 in 1906 and 1S9 in 1905.
Business failures in Canada for the
week number %, which compares with
81 for last week and sc for the like
week in 1908.
Wheat, including -four, exports from
the United States and Canada Tor the
week ending Sept. 80, aggregate 1922
760 bushels against $685. COL last week
and 6.473,S2 this week last year. For
the Is weeks ending Sept. 80, exports
1,tlS no nSJt =
772 in the corresponding period last
Corn exports for the week are 1884
bushels, against 94,41S last week and
1888 in 1908. For the Is weeks end
ing Sept. 80, corn exports are 1,349,252
bushels, against 624,745 bushels last
year.
Normal Conditions Again.
New York, Oct. 2.-R. G. Dun &
Co.'S weekly review of trade says:
The industrial and commercial sit.
uation as a whole, at the beginning
of the last quarter of the year, is that
of a full return to normal conditions.
The southern trade, it is reported, is
better than for several seasons past.
The chief flaw in the situation is to be
found in the high prices which serve
to check operations in some directions
and are conservative influence.
Business in steel rails is expanding
and much activity is expected in this
division next year, as the railroads are
covering future requirements freely.
In addition to the demand for domes-
tic consumption the leading producer
had received contract for 1900 tons
Tor export to Mexico. The rapid ad-
vance in ipg iron prices has caused
many buyers to restrict their purchases
although heavy business continues in
some districts, notably at Pittsburg and
New York.
Sharp advances were made in cotton
goods and yarns during the week and
while trading in the wholesale dry
goods markets was limited in the met
ropolitan district by the celebration,
the reports from other centers indicate
the maintenance of seasonable dis
tribution. Some large interests are
moving to cover their early spring
HttuS III sJdDlC ldDI ICS. "A Cdltlui CdH-
yass OF conditions in mems wear fol
lowing revisions and cancellations of
orders disclosed that production was
being curtailed, although an early re-
vival in demand for duplicate winter
wear is expected to provide idle looms
with work. Encouragement is being
given to promoters of curtailment
movement among cotton mills in order
to avoid the trade complications that
must ofllow extended speculation in
cotton.
The footwear market is very slow.
Further activity has developed in the
hide market and sales in the west ag-
gregate fully 100000 hides in the last
week.
Church is Robbed.
T,yp opllan cbalinac and onIdop