The Greenville journal. [volume] (Greenville, Ohio) 1850-1918, 1911-01-12
A HOPEFUL OUTLOOK
Mercantile Agencies Point Out En-.
eouraging Features in Prospee-
tive Trade Conditions.
New York.-R. G. Dun & Co.'S Week


ly Review of Trade said:
There is little or no change in the
state of the larger trades. Contrac.
tion Of output continues in iron and
steel, but the outlook for the new year
is regarded as encouraging. In the
month of December q additional fur
naces were blown out and the daily
rates of production fell from $3.50 to
57,252 tons, or nearly $4,000 tons less
than in the corresponding period of
1909. However, prices at all leading
centers still display a tendency to-
ward greater weakness and buyers are
holding back in the hope that further
concessions will be granted. Re
ports from Chicago and Pittsburg in.
dicate better inquiry from the rail
roads, while the outlook in the struc-
tural division is considered quite
promising.
Retailers of dry goods the country
over are pushing sales of white goods
and domestics, while jobbers are busy
bringing out their new lines of spring
goods for house display. Buyers are
showing increased activity in the mar.
Gets.
Trouble With Prices.
Selling agents in both cottons and
woolens, as well as in silk lines, find
1t very difficult to adjust prices be.
cause of the sustained high cost of
raw material and production, while
buyers are operating only for imme-
date needs. The movement in some
directions is hampered by slow deliv.
cries. A very fair export trade in cot
tons Is now reported with the far east.
The footwear market continues
quiet and unchanged New England
producers have but small reserve for
spring cutting but buyers generally
are known to be carrying meager
stocks.
Among the Banks.
Total bank exchanges this week at
all leading cities in the United States
amount to $2,966,31O, ,49O, a decrease
as compared with last year of 1872 per
cent and of 3.8 per cent compared with
1909. The decrease at New York city
Is very pronounced and eXerts as usual
a most unfaVorable influence upon the
total, the loss at that city being 3S.2
per cent compared with the CORE
spending five days a year ago. At out
side cities the comparison is compare.
lively satisfactory, with falling off
Of only "A per cent, although only 4
out of the 13 reporting make gains
namely, BalnTOre St. Louis, Kansas
City and San Francisco. The daily
average also shows further increase
in the percentage of loss over last
year, but in this respect there is a
gain compared with 1909.
New York.-Bradstreet letter said ::
Business failures in the United
States for the week ending January
were 291, against 251 last week, 271
in the like week of 1910, 329 in 1909.
495 in 1908 and 2S3 in 1907.
Business failures in Canada for the
week number 27, which compares with
95 last week and SO in the like week
Of 1910.
The Export Trade.
Wheat, including -four, exports from
the United States and Canada for the
week ending January portland,
Ore, advices not received) aggregate
2,56S,914 bush, against 2,179,929 last
week and 3,1S3.145 last year. For the
q weeks ending January ). exports
are 63,59S.S47 bush, against 9O,913,234
in the corresponding period last year.
Corn exports for the week are 2,249,-
379 bush, against 1,149,411 last week
and 1,736,684 in 1910 For the 27
weeks ending January corn exports
are 13,33S,649 bush, against 10,464,597
last year.