The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1912-05-25
TRADE MOVEMENT
IS MUCH LARGER
Dun and Bradstreet Reports
Show Business Larger
and Hopeful.

New York. May 25.-R. G.. Dun &
Co.'S weekly review of trade TODAY
says:
The volume Of business continues
10 expand as is evidenced by the stat
istics of bank c%learings and railroad
earnings. The situation during the
past week has been improved by the
much better weather, which has serv-
ed to increase the retail and. to some
extent. the wholesale distribution OF
merchandise.
There has been some lull in new
demands for iron and steel. out a con-
siderable tonnage is in prospect and
price advances are made more easily.
IN many lines production is now on
a heavier scale than last month, the
larger plants operating to capacity
n orders booked will keep the mills
busy for several months to come.
speclflcat1ons indicate that the bulk
OF material is going into consumption
n "a scarcity is developing in basic
materials. Buying on the part of the
rallroads tends to make up for the
reduced requirements in other direc-
!lons, car inquiries amounting to full
~ $4,000 tons INC additional con-
tracts for over 35, 900 tons of rail be
ing noted.
There is only fair activity in wire
products and the quotation Of $1.6O
for wire nails is shaded in some in
stances but tin plate for third quar-
Ter delivery has advanced. Two more
furnaces in the Pittsburgh district
nave been blown in. vet stocks of mig
IRON are being reduced in spite of the
increased output.
Flne cotton goods are quiet at first
hands and the upward tendency in
staple cotton goods is not SO marked.
Advance fall business continues in
better volume than a year ago and
Mhlle export trade is not so active,
continue large, for the
year to date $4,000 bales of domes-
tics being SEM out through the mort
OF New York. as against 121, 900 bales
year ago. OF $4,000 pieces Of nrin,
cloths sold at Fall River last week,
ABOUT one-half were for spot delivery.
Dress goods of a staple character are
selilhg we'll for fall delivery and bus
mess continues moderately active at
an 'eAtile centers as c%ontrasted with
Ine guinness of last year at this time.
The broad silk trade is generally ouiet
put ribbons appear to he in growing
demand. Worsted yarns are in fair
fequest II cotton yarns spinners an
pear more willing to name prices
closer to buyers ideas on late fall
deliveries. ~ A"ii
trade in footwear is rather quiet.
on the whole. but sales are increasing
~ a hulnber OF points and leather
contlhues very firm. The prominent
TACT remains. however. that the trade
movement, as a whole. is considerably
larger than last year and business
sentiment more hopeful.
Bradstrccts.
New York. May 25.-Bradstreets
says today:
with the advent of warm, dry and
W. some sections. sunshiny weather.
n rae ~ a~g1lcultural situation has seen a
marked change for the better and
ma distribution at retail, in the cit
les at least. has been quickened
through the pre-occubation of farm
ers IN their field work has prevented
much expansion in country trade. In
wholesale trade and in jobbing ines
there are reports of a fair amount
Oh ACTIVITY. and where early crop
prospects are promising. as in the
southwest and northwest there has
peer some quickening of demand. II
is however. a between seasons period
IN most wholesale lines and bryinr
is conservative, and to some extent
a1ected by the more than ordinarily
eAclted tone of pre-convention poll
elSil dlldlTS.
The apparently best situated indus
Try at present seems to be iron and
steel in its finished branches, promi-
nent IN this line being plates. bars
and wires. Fol these capacity is
close TO the maximum and prices are
strong. In the cruder lines mig iron
is quleter, leading buyers having an
Parently filled their requirements.
n cotton goods industry ia we'll
employed and the slight easing Of
some makes of cotton does no i'm
press the trade much because of the
strength of goods generally. New
business in cottons at large markets
is moderate. a favorable Industrial
development of the week was the re-
sumption of work by 10000 anthra-
cite coal miners who had been idle
since April l. business failures in
the United States for the week endinm
May 23 were PIT. against 2O5 in 1aoe
and 263 in 1908.
Wheat, including flour, exports
from the United States and Canada
Tor the week ending May 90 aggre-
gated 5,999,613 bushels against a.
o21'5l3 last week and 2,664,186 this
week last year. For the forty-seyen
weeks ending May 90 exports are
la9,999,243 bushels against 111.O80.-
o5o in the corresponding period last
year. ~ "s'
Corn exports for the week are 49,
III bushels against 62,480 last week
and 134,646 in 1911 For the fortv-
weeks ending May 23 corn ex-
portS arc 32,95O,53O bushels against