Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1911-10-07
TRADE REVIEW.
- -
The Demand Seems TO
Regulate the Orders . .
But The Demand Continues IN
Fairly GOOd Amount.
Crops variously Affected by Wealth.
eF..Ifon and Steel Better.

New York, Oct. 6.-Bradstreet's
State of Trade tomorrow will say:
Though a relatively liberal volume Of
road sales came out this week, the
probabilities are that trade as whole
has rcceded a little from last week
This tendency is perhaps due to the
fact that buyers, having covered their
urgent requirements. have again be-
come cautious about future commit
ments. In other words, they seem to
prefer to let demand catch up with
their stocks before again entering the
markets. Thus. stocks are held within
bounds, and when orders do come
forth they are usually accompanied
by demands for prompt shipment
However the developments OF the
week show that articles continue in
comparatively good demand
At the same time, crop marketing
and final distribution has been Va
rioasly affected. having been helped
by cooler weather in. parts Of the
West while being deferred in still 9TH
er seasons by rainy weather and in
The South temperatures have been too
high for free distribution. Favorable
weather has helped further growth of
cotton. The Yield II which will be of
record proportions, but In Ire West
there has been too mnch rain fog ma
turing corn. threshing IS delayed ana
wheat seeding mas also necn hamp-
cred
In the iron and steel line prospects,
appear TO be more encouraging, es-
lpecially for railway buying of rails,
and demand for finished goods holds
Iup We'll, while there is raore doing In
! pig iron, hnt at the expense Of prices
nevertheless. Collections rmain about
! fair. Il Is said that producers cf cop
J per have made geodly sales for near
/ By shipment, but there appear r. be
lfreer offerings both here ara abroad
tof delivery In November ard Decem-
b.r Late price changes favor buyers.
eIecrolytic AMI Lake grades being
lower. Tin was strong most Of the
week. Lead Is lower. the effort of
Western intere sts to advance prices
| having proved abortive.
Bank clearings Tor tic week ending
with Oct 5 aggregated f22,431, 91l 00o.
an increase OF q per cent. over ting like
week in 1sld. business failures for
the week ending Oct. were poi,
against la2 in the like week of 1870
203 IN 1903; 25e in 1908 and 193 In 1907.
| Wheat. including -four. exports from
thu United States and Canada for the
week ending Qet. 3. as reported by
Telegraph 10 BradstTeet's. aggregate
l4.12034s bushels. agains, 2,39263O this
week last year. Fer the Il weeks end
ing Oct. s, exrorts are 1921 .631 bush
els against 2.1a3. 629 in The corresponds
ing period last year.
| Corn exports for the week are 1127.-
0G2 bushels. against 435 321 in 1910 For
the Ii weeks ending Oct ). corn ex-
ports are S,n19S34 bushels, against 4
091, ASP last year.
In the older parts Of Canada whole
sale trade is Of satisfactory volume
and come orders calling for spring
delivery are noted. Montreal reports
good business in wholesale lines. some
Isparlng orders heavy foreign inquir-
les for fout and large exports Of but
ter.
Business failures Tor the week end
| ing With Thursday number 81. which
compares with IS in the like week of
last year.