The Pensacola journal., 1909-12-11
THE CONDITION
Of BUSINESS
CONTINUAL IMPROVEMENT IS
NOTED, ESPECIALLY IN THIS
LUMBER TRADE, IN WHiC6
STOCKS ARE BEING REPLEE-
ISHED.

The Tradesman this week saws.
Business continues unusually good
with the hardware joJbers. and re
ports from the ruraIs are also OF thg
most encouraging nature The high
price of cotton appears TO have slim
Ulated trade greatly, although the
yield was short in many sections.
The holiday trade is in full blast now
and indications are that the aggTe-
gate of holiday business will eXceeI
any season since 1906 Prices con
tinue on an upward tone, but TO ad-
vances OF Importance are noted
Lumber.
In its review of the lumber mar
ket The TTadesman says: yard
trade has again exerted itself in the
lumber world, orders being! pretty
general from all sections OF the COun-
try the past week. The fall building
operations have exceeded the eXDec-
tatiOns of retailers, reducing their
stocks to where Teplenishing became
necessary although the season Is
usually dull with them. ManufaCtuT
ilr consumers continue actively IN
the market and both hardwood and
pine operators express every Saus1ac-
tiOn at prevailing conditions. PrFpa-
ratiOnS for the future are now TAX
Ing UluEu Oh liEe llAAlt VI tdl E-C Ol'CA @
tors, for the opinion is prevalent that
the coming spring viii see the ium-
ber business at maximum again-
Many prominent operators in the
South have put out careful enquiries
in all directions, seeking 70 get
correct estimate of the coming sea
son, and their reports are Of the
most fattering nature. In m6nufac-
turing centers it is estimated that
20 Der cent more lumber will be need
ed next season than was used in the
past spring, and the yard trade pro-
feSses to need practically the same
increase. This added TO the demand
on the part of car manufacturers
aad railroads indicates that the con-
ing season will give the average OD-
orator about all he cares to handle.
Prices are firm in all grades this
week but mill men aTo none too anxi-
GUS to accept first offers. believing
that a well filled yard has much profit
in it"
Iron and Coal.
The weekly review of the i--l and
CCaI markets by The Tradesmau IS as
follows: Southern furnace com
panies are maintaining a firm quota
ton for their product With the eX-
ception possibly of some small lots
>
ent month, the product is being held
at SIS per ton, No ? foundry There
is some resale iron going out a.
Sf450 per ton, but the quantity is
limited The brokers and Spectators,
who purchased iron three or four
months ago, when the price was low,
have decided to dispose of 4 little Of
their holding and this iron is to be
heard Of at $3.50 per ton, on the
No foundry basis. There is no veTI-
fcation of the $14 per ton; in fact
inquiry at places where intimatiOn
/ is given brings forth a prompt denial
There is 10 disturbing of the make
which is at the higher water mark.
The IuII in the buying has caused 40
uneasiness- Inquiries which are COM
ing in and other indications point TO
the need of much iron N the near fu-
ture and for that reason the South
ern iron makers are confident and
believe that it is folly to make con
CessiOns on business One interest is
quoted as saving that the needs for
the first half Of the coming year will
require 4 large amount of ITOn-in
fact, more iron than IS in sight right
now The make can be increased
some and this may be necessary The
resale iron is being worked off slow
" but surely. Figures in hand shoE
the make in the Southern teTTitOTT
for November TO have exceeded thal
OF any month in nearly three years.
Alabama alone gets credit f - more
than 10000 tons In making .Conces-
siOus for business during the month