The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1912-08-03
Weeks REPORT
SHOWS PROGRESS
More Defined Movement To-
ward Enlarged Bust
ness is Reflected.
New York, Aug. 3.-Bradstreet's

says today:
This weeks reports again spell
progress. and a more clearly defined
movement toward enlarged business
is reflected in most sections. save
parts of the south. The disposition is
northwestern points than anywhere
else. though most markets. save a few
in the south, have shared in the gen
eral betternent.
In the textile lines price advances
are significant Of an enlarged de-
mand, either present or prospective.
Indeed, these buyers who have hesi-
tated about paying the advances
asked are coming into the markets
and Of course the mills are firm in
their views as to prices, as it is fully
recognized thai supplies are not over
plentiful, first because prolonged
hand to mouth buying caused manu-
~facturers to restrict output to demand,
and secondly. because labor troubles
have mitigated anything like full OPP
erations.
Industrial circles employment is
good and the iron and steel industry
continues to our activity. Pig iron
is stronger, higher prices are being
demanded for a number of finished
products. eastern ship builders have
placed heavy orders for plates and
shapes. h railroads are inquiring for
rails for next years delivery, thus
returning to their old time policy Of
ordering in advance, an dsome bust
ness has been booked for this year by
eastern mills.
Collections have improved at a
number OF points. still there is suf-
ncient slowness to prevent uniform
ity. and payments at the south con-
tinues low and especially from retail
dealers. Business failures in the
United States for the week ending
August were 224 against 252 last
week. 20S in the like week Of 1911,
1908.
business failures in Canada for the
week number "a as against 26 last
week and 80 in the like week of 1911.
Wheat. including flour, exports
from the United States and Canada
for h week ending August 1, aggre-
gate 2.494.657 bushels against $685.
sos last week and 3,321.30s this week
last year. For the five weeks ending
August 1 exports are 12,025,O16 BUSH
els against 10.660.375 in the corre-
|%sponding period last year. Corn ex-
ports for the week at 77,S42 bushels
against 99,262 last week and 322.7s1
in 1911. For the five weeks ending
Aug. 1. corn exports are 431.14S
bushels against 3,0S1,s0S last year.
DUN'S REPORT.
New York. Aug. 3.-R. G. Dun and
%company's Weekly Review of Trade
today says:
Trade expansion contracts with
speculative dullness. In as much as
the increased industrial and mercan-
aie operations involve larger demands
for money. while requirements in
connection with moving the crops will
also be heavy. it is on the whole for
Itunate that there is no great specu-
Ilative activity to add to the burdens
OF the money markets. which is giving
signs OF an advancing tendency.
A noticeable note of optimism pre-
walls in business circles in most sec
tons of the country which is not ap-
preciably affected by the usual ex-
elements of a presidential year. The
further price advances on steel pro-
new business. and there are indica-
tions that the bulk of output is going
directly. into consumption. Demand
IS broadening. with the smaller plants
reporting steady improvement in
sales.
equipment from the railroads this
year will surpass all records since
1917: Purchases of plates and struc-
tural material continue fair and quo
tations are higher, with premiums
paid in some instances. Crude steel
is steadily becoming scarcer ami
to obtain. An advance in pig iron
Is considered probable, especially on
basic iron. which has been quite ac-
tive during the past few weeks.
In dry goods. fine lines are slightly
rejecting the continued
ldleness at New Bedford. although
| InSre mas nor Noon ory ,~~~:l>.oL1 IL.
buying. Prints have been advanced to
a basis of 1-2 cents for standards
and prices of low and medium bleach
ca cottons were also marked up 1-s
and - cents respectively. Tickings
are Lac higher and denims are very
for October shipment and some small
trading is reported with Red Sea and
African ports, while miscellaneous
export trade continues fair. In wool
ems and worsteds, trade in mems
wear continues satisfactory and the
iarge corporations making dress goods
report a very good demand for spring
merchandtse. Jobbers report a better
fall trade than a year ago. Worsted
yarns are firm, with demand steady.
and while cotton yarns have adj.
Vanced. buyers are still holding off.
TRADE in footwear shows improve
ment and most factories are actively
engaged In preparing fall m winter
shipments. Pronounced strength con-
tinues to rule throughout the leather
market. especially on sole leather.
CARS RECEIVED.
Chicago.
u Today Year Ago
Wheat .............1el 4es
corn 43
Oats ...............163 314