The San Francisco call., 1910-10-15

NEW YORK, Oct 14.-Bradstreet's tomorrow
will say:
the better undertone noted last week mas become
more widely disseminated. Causes for the i'm
proved feeling have been the official eonfrma-
tion by the government crop reporting service of
the trade estimates of bumper Yields of corn
and OATS and larger than expected. yields of
wheat; the liberal marketing of crops. more s.
pecially cereals livestock and cotton; the advent
Of cooler. settled weather in some sections and
thereafter better tone of the securities market
improvement whole is not marked and
the conservatism earlier noted is still manifest
in small and frequent rather than large buying.
In some lines. as, for instance. cotton goods,
the proof that stocks of goods are relatively light
has become more evident and with higher prices
for the raw material have come hardening quo
tations for the goods themselves. Wool is
frmer than OF late and there has been liberal
buying at the interior by large manufacturers.
but advices of mild weather affecting past and
present final distribution numerous. and
tinge reports from markets where at this date
heavy wearing apparel is unusually in demand.
'.Busness failures in the United States for the
week ended October 1S were 2a3: against 1872
1908. 1874 in 1907 and 10 in 1906
business failures in Canada for the week
numbered "a. which compares with 2s last week
and 80 in the corresponding week of 1909
Wheat. including flour, exports from the
United States and. Canada for the week ended
1892. $50 last week and 1885. .s19 this week last
year
100 1903. against e''''zi 'as' week ana z'i''h IN
r. G. Dun & Co. S weekly review of trade to-
morrow will say:
The better feeling noted last week is con
frmed by this weeks reports, and although i'm
portant elections pending. the railroad rate
controversy is still unsettled and trade recession
TO point considerably below normal continues.
yet there are signs of largely increased cheer
fuDess and some increased activity This is
disclosed much less in the iron and steel trade
than in the dry goods.
.'In all branches of business demand is still
restricted mostly to immediate needs, but
stocks are low and the situation is therefore a
strong in business confidence continues
to expand.
Irregular reports are still received from
leading pig iron centers. fair tonnage of or
ders being placed In some districts. where dull
ness is conspicuous in others ard Bessener and
basic iron are tending toward lower basis.
THAT. there is general hesitation to contract
for future requirements is suggested by the us
uai statement of untitled orders by the steel
corpora tion, which shows a reduction of 319. 600
tons during September and the smallest monthly
total with two exceptions on record.
.In finished lines conditions mixed and it
further price concessions The railroads are not
covering distant needs freely and there is a
lessening demand for bridge material
Cotton goods. in bleached. brown and colored
have been advanced consequence of larger
demand and greater cost due to the rise in cot
ton Leading lines of mems wear are moderately
advanced. Yarns are in more active inquiry.
Jobbers are doing a fair trade and are esrecording
in the primary market orders for immediate and
spring delivery.
= ..Footwear conditions continue unsatisfactory
Trade is fairly good in some kinds of leather.
such as betting harness aud sole, but upper
~teck continues slow.