The San Francisco call., 1910-01-29
weekly Trade Review


NEW YORK, Jan. % Bradstreet's tomorrow
will say:
Cross currents in demand render general char
acterzation difficult Wholesale and jobbing trade
in spring goods tends TO eXpand travellers on the
road sending in better orders and the out
look for the future in those lines Is optim-
istic Retail trade, following the activity engen-
dered By January clearance sales, is qu1eter,
pending the further advance of the winter sea
son Filling in orders from retailers to 1obbers
arc moderate. Manufacturing industry is very
busily employed. with large orders ahead
There are some evidences that spirit of CON
servatism is being engendered by the breaks
in securities and cotton. the talk of government
prosecutions of alleged unlawful combinations
and the widespread revolt against nigh 1000
prices. Evidences of this found in the hest
tation reported in some branches of the iron
trade, and reflection of the last mentioned de-
velopment is had in very general reduction of
prices of livestock, meats, eggs. butter ana KIN
dred products.
Business failures in the United States for the
week ending with January 81 were 295, against
2T5 last week. 81 in the like week of 1909,
$50 in 1908. 21l in 1907 and 22S in 1906
Business failures in Canada number IS. which
compares with 80 for last week and u for the
corresponding week last year.
Wheat, including -four. exports from the
United States and Canada for the week ending
2 OS4 TAG last week and 3,o44 ea3 this week
last year. For the 30 weeks ending January p
exports 9S 743.343 bushels. against 121,
042 429 in the corresponding period last year.
Corn exports for the week are 1.@Is. 500 bush
1909. For the 80 weeks ending January % corn
exports l4.O29.O13 bushels, against 15,-
6l4. $50 last year.
r. G. Dun & Co.'S Weekly Review of Trade
tomorrow viii say: Measured by such tests as
bank clearings and railroad earnings there is
no visible diminution In the volume of indus
trial and mercantile transactions; and yet, with
such happenings as the English elections the
Paris flood the agitation over high prices and
the rather violent break in the New York stock
market il would be strange indeed if the yari-
Gus trades did not in degree feel the
effect of these disturbances Then weather con-
ditions have been in places unfavorabe to dis
tribution.
Therefore the situation presents an irregular
appearance. due to uneven trade development.
This irrcguarity displayed, to some extent.
in the iron and steel trade although an event of
the week was the declaration of extra tlivi-
dend by the principal producer. The decline IN
security prices, the recent fall i'll cotton and the
tendency to lower values for foodstuffs are
likely 70 make the situation more wholesome,
however disturbing temporarily.
Dry goods jobbing reports an Improvement in
house trade.
Business booked on mems staples and
semistaples by the largest producer for fall
has been large and advances of 212 cents per
yard in numbers announced. Dress
goods trade is moderate. although the large
corporations have booked good fall orders.
Wholesale dealers in shoes placing ini-
tial fall contracts for later delivery with New
England producers: also fair sized sup
Elementary spring contracts. Many manufactur-
have satisfactory volume of reserve
orders booked and prospects for the immediate
future promising. All varieties Of domestic
hides continue weak.