Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1910-06-09
TRADE ADV|CES
ARE IRREGULAR
Cool Weather in the North Bar
to Expansion of Retail
Business.

New York. June 3-Bradstreets weekly
report on trade will say tomorrow:
Trade adviccs are irregular, varying
somewhat with the sections or lines re-
porting but with qtctness the prevail
ing feature. In the northern half of the
country seasonably cool weather has been
a bar to expansion In retail trade, which
Mt many cities is classed as disappoint-
Ing. At these centers recorder business
Is light and johbors' operations are res
trictcd. Probably the best reports as to
trade come from the Northwest and
the Pacific coast while the Atlantic
coast reports are of current retail trade
being unsatisfactory. AS the week adj
vanced action by the government against
higher railroad freight rates resulted in
rumors Of suspensions of Improvement
work by railroads. some of which were
however. denied. These reports injected
an additional element of uncertainty in
the Industrial situation.
Spring wheat growth has been retarded
by cool, dry weather, while corn plant
ing. termination or growth has been
considerably interfered with Winter
wheat and oats have apparently made
some progress. Southern reports are of
a continuance of the favorable condi-
lions noted last week and the cotton
crop certainly has regained some lost
ground. Practically all the reports testify
to the need of warm, growing weather
II trade and crop conditions are to
have proper development.
Failure reports to Bradstreets point
to continued Improvement over 1909 and
1905
BEST NEWS FROM THE CROPS
Now York. June 3-Dun's weekly re-
view of trade tomorrow will say: The
best news is that which comes from
the growing crops. Unreasonable, cold
weather in the wheat and corn belts
has not caused damage and the crop
prospects In general are as good to
cause sharp break in prices such as
may lead to an improving demand for
exports The cotton report is especial
lly promising, both as regards large
acreage and high condition. As
against this Improvement in agricul-
tural outlook is the continued disturb
ance in the financial markets. The
gradually improving temper or large
business during the past two weeks
has been checked by the irritating
contest over railroad rates. This has
been followed by sharp decline in
the price of securities. The effect of
this upon the trade situation cannot
yet be measured An event of the
week indicating improving European
conditions is the decline in the Bank
of England rate to 3ls per cent. The
iron and steel trade shows up best in
the West but where there is increased
lactivity 1t seems to be at more or less
concession in prices. While a lower
range of prices may in general be now
considered n healthy tende ncy it is
not usually "A stimulating process
Sharp competition in the pig iron
markets has resulted in further price
concessions. This weakness is general
In practically all directions and some
producers who had been unwilling to
lower quotations are now meeting the
views of consumers. Promise of large
crops continues to dcpress prices which
are steadinly reaching n point that may
result in revival Of export demand.