Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1912-09-14
Vim and Activity Marks
Last Weeks Trade.
Cereal Crop Reports Continue
To Be Most Favorable.
Bank clearings and Business Fall
ures..Wheai Exports.

New York, Sept. 1S.Bradstret's
state of Trade, tomorrow, will say:
Trade has lost none of its wonted
vim ara activity abounds. Everywhere
buying is predicted on the uniformly
good influences that record or close
to record crops will generate, and fl
nanciers, merchants and captains of
industry are, without notable excep-
ton exceedingly optimistic. Jobbers,
rather than first hands, are occupying
the center of the stage, but manufae-
turers are experiencing especial ac-
tivity in turning out orders previ-
ously booked However. the presents
nent feature at the movement is the
active demands made upon jobbers for
goods intended for near future sale.
One of the best evidences of expect
ed demand is furnished by the urgent
calls O Interior merchants for peompt
SHIPMENTS, and in order to satisfy
these requests, packing rooms arc
working to full capacity. Besides the
diffuse buying witnessed in dry goods
and its correlated branches there is
more doing in carpets, furniture, up
holstry, clothing, confectionery and
iewelry.
SeEedt CIOD ISpOItS 5SOhtihuC " w
most favorable, with the one remain
ing important erop-corn-new we'll
night out of the danger of frost.
Threshing of wheat in the Northwest
is so suspicious as to cause estimates
of yield to be increased, and although
cotton has probably deteriorated as 1t
usually does at this season, and will
not be as large as last years enor-
nous yield, the crop year as whole
has been a bumper one. In Industrial
lines. conditions are as propitious as
heretofore, more so as regards de-
man6 for finished steel products, adj
vanced prices for many of which,
have rot served to slacken business.
Commodity prices maintain high lev
els new records having been estab-
lished for fancy steers and high
grade calves, while hogs have crossed
the 50 mark at Chicago.
Eank clearings for the week ending
with September Il, aggregate $3,ost,-
655, GOO. an increase of 90 per cent
over the like week of 1911.
Business failures for the week end
ing Sept. u, We're 234, against 2l9 in
the ike week of 1911. 20 in 1910, 1875
in 1893 and 266 in 1908.
Wheat, including flour. exports IRON
the United States and Canada for the
week ending Sept. L, as reported by
telegra phi to Eradstreets, aggregate
4,161 ,6f2 bushels against 3,369,943. this
week, last year. For the II weeks end
| ing Sept u, exports are 34.566.oi:
| bushels, against 29.227, 120 in the cor
responding period, last year. Corn ex-
ports for the week are 51,259 bushels
against 7S3,016 in 1911. For the L
weeks ending Sept. II, corn exports
are s56,666 bushels, against 5,419l1s
last year.
/ Trade in Canada continues of ia
vorable proportions, and sentiment as
to the future remains suspicious. Buy
| ing of dry goods is of goodly volume
and groceries. hardware, produce and
lumber are all in good demand while
building is active which condition is
reflected in large orders for materials
Business failures for the week ter
mlnating with Thursday last, num-
Der Is. which contrasts with 80 in the
like week of 1911.