The citizen. [volume] (Berea, Ky.) 1899-1958, 1910-12-08
REVIEW OF TRADE
Very Little Speculation Is Reported
Money Market Relaxing
Somewhat.
Nnm Ynrk-nrndstreers I'D

New ork-Bradstreet said
The approach of the dry season. sea-
sonably cold weather throughout a
wide area of the country and good
prices for cotton at the south are slim
ulative features in general trade at
present. With few exceptions iohbing
trade in holiday goods is reported
good. while staples lines continued Ia
record only fair results from current
demand.
AT some leading markets trade.
aside from the exceptions noted, IL
rather spotted. In most sections the
dry weather ruling is a bar TO fullest
activity in heavy footwear, and rubber
goods. which would be benefited by
snow or rainy conditions. Relatively
best reports as TO current trade come
from parts OF the west and the south
where free cotton marketing had lib
Grated considerable amount OF
money. Collections. which rule from
slow to good. are relatively best at the
south for the above reason.
In industrial lines the changes
roted are few Iron and steel are quiet.
and one-half the country's capacity is
reported not working. but manufac-
turers claim prices are not 10 be low
cred The output OF sole leather Is
closely restricted TO requirements. Tho
advance OF the season dulIs building
operations and lumber and other ma.
terials arc quieter.
Business Failures.
Business failures In tho United
states for the week ending December
we're 2i7. against q last week. 2So
In the like week OF 1909. 23t In 1905
2T2 in 1907, and PIG IN 1906. Business
failures In Canada for the week mum.
Der 80. which compares with - for
last week and 25 in the like week Of
last year.
Grain Movements.
Wheat. including -four. exports from
the United States and Canada for the
week ending December aggregate g.
t9S 1873 bushels. against 4.0if.6iO last
week, and % weeks ending December
exports are 4972S.Is2 bushels.
against 72.434.99 I'm the corresponding
period last year. Corn exports for the
week are $50. 1858 bushels. against 50l-
S13 last week. and 356.523 In 1909. For
the % weeks ending December I corn
exports are S.2i2.O52 bushels against
4.0i5.SSs last year.
New YORK;. G. Dun a Co.'S week
" review OF trade said:
Business. while not as large as was
anticipated a year ago. Is nevertheless
Of fair proportions. and rests upon a
basis OF economic conditions which in
the main are satisfactory. Tho encour-
aging features are the undated argi-
cultural productiyeness OF the country.
tho absence OF demoralizing specula-
tion. the lowness OF mercantile stocks.
which contribute so largely 10 the
soundness OF the situation; the CON
servatisdi OF the hanks as the hoard
OF the country's credits and the signs
Of increasing relaxation In the money
market.
Iron and Steel.
A noteworthy development OF the
week was the decision OF the steel
manufacturers 10 maintain prices; and
although new business Is much below
productive capacity, yet there Is an
encouraging outlook for improvement
and the Pennsylvania railroads LARGO
order for rails is a fopeful sign. Large
shipments Of dry goods for spring dis
tribution is another encouraging indi.
cation. and the outlook In the shoe
trade is described as brighter. Reports
from most OF the large cities. while
not Disgusting the fact TINT the vol
ume Of transactions IL below normal.
indicate improvement and a generally
hopeful feeling.
Dry Goods Market.
Prices in the dry goods market are
generally steady, and there Is n be
lief in some quarters that higher in
creased values will be forced by the
high cost OF raw material There has
been some sale of denims and cclored
cottons, as well as more trading In
print cloth yarn goods and converti-
bles. Ginghams continue dull Small
business with China was consummated
during the week In cotton goods, bur
other export trade is quiet, although
shipments on old orders are very fair.
silk mills have a very good business
booked. Yarn markets rule quiet