The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1911-10-18
WEEKLY REVIEW OF
TRADE CONDITIONS
Condition of the Markets as Told in
Dun's Weekly Review of Trade and
Einanpa

DuHS weekly REVIEW O1 ITaue ana
Finance.
Measured by every important test
the volumn of business is larger than
at the corresponding period last year,
and 1t is gradually expanding, the re-
ports from the leading trade centers
during the week being especially
cheerful. There is apparently no de-
cisive change in basic conditions, and
the increased activity recently shown
is due to the fact that shelves are
practically empty, and the immediate
needs of a growing population, even on
a more economical basis. are pressing
for supply. Thus, with little or no
speculative anticipation of the future,
a volume of business is being trans
acted, which, although below full pro-
ductive capacity, is nevertheless large.
| This appearance of increased activity
is particularly shown i'm the dry goods
trades, in most of the branches of
which, and particularly in cottons, a
brisker movement is reported and
more mills are resuming production
| Woolens are also in fair demand and
! the clothing. millinery and other kim
| tired branches appear to be doing we'll.
| An increasing activity is also report
ed in shoes and the sales OF leather
make up a respectable total. The lat
est government crop reports indicated
some improvement in both wheat and
corn and, while the yield of both will
be less than anticipated earlier in the
year, supplies will be ample, while the
excellent cotton crop has shown re-
markably early development. Export
trade continues of large proportions,
the volume of foreign commerce at
amounted to $4,000, ,132 against $30.-
074,541 in 1910 and s2S,446.96 in 1909
The exports were $l714S,1G5, being
| $1,392, 1913 in excess of the imports.
The resumption of operations by
some large cotton mills indicates a
more encouraging mill position Pric-
es on cotton goods and other mer-
chandise are close. AGA ticks, S-oZ
have been reduced 1 cent per yard;
southern denims, 9-oz, l2cent, and
eastern, 9-oz. denims are held at 16A
cents. AT the lower prices there is
more disposition shown by retailers
to operate Some fair-siyel orders
have been placed for hose and betting
duck and staple prints are being or
dered freely by western jobLers There
is a steady business in mapped cottons
and retailers display more diSposi-
tion to order wash goods and cotton
dress fabrics for spring delivery En-
port trade Is slightly less active, but
continues well ahead .! last year
and as the market for raw material
Declines tendency to expand pro-
duction is noted. The demand for
doublefaced frabrics, in dress goods
and mems wear continues note
worthy feature in woolen goods, and
activity is shown in the demand for
staple serges.
The grain markets are steady; the
slight Improvement indicated in the
condition of wheat by the final gov
ernment report was anticipated, and
while the yield is estimated as slight
| ly below last years, in both winter
and spring wheat, supplies will be am
pie. Stocks are constantly increas-
ing. Western receipts this week are
6,479,7S4 bushels against G.999076 a
year ago, and exports from all ports
of the United States, -four included
are 2,094 1872 bushels compared with
2,O24,S i'm 1910. Corn conditions al
SO improved last month, but the Weld
will be somewhat less than i'm 1910
Receipts at western centers this week
are 2,529,33S bushels compared with
2,566,l75 a year ago, while Atlantic
coast exports were only 334 81 bush
els against 3G9,4l3 in 1910. The cot
ton markets are quiet Spot prices
declined further below 10 cents. Port
receipts continued larger and tNports
are gaining
Dry Goods and Woolcns.
| Trading i'm cotton goods continues
steady. although in moderate volume
The jobbing trades are nov buying
heavy cottons. both brown and color
ed, more freely. and the adjustment
of the market to the new low level of
cotton is making satisfactory head
way. During the week AGA ticks. S-oz
were reduced IRON i2Rc to 12Iac a
yard, and 9-oz southern denims were
| reduced from 1890 TO 13c EaStern