Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1912-08-08
RRADSTREET'S.

IIN.tlS1 NTLL ..
Bradstreet's says: Trade reports In
dictate better buying for fall and beyond,
fine crop prospects. together with tho
knowledge that goods are scarce in many
lines, having made for freer purchases.
This disposition to buy more freely is
mantle sted to "a greater extent at north
western points han anywhere else.
though most markets. save a few in tho
South. have shared in the general bet
terment. In the textile lines price ad-
vances are significant of an enlarged de-
mand, either present or prospective. In
deed. those buyers who have hesitated
about paying the advances asked are COM
ing into the markets. and of course. the
mills are firm in their views as to prices.
as 1t is fully recognized that supplies are
not over plentiful, first because prolong-
ed hand-to-mouth buying caused manu-
facturers to restrict output to demand,
and secondly. because labor troubles have
initiated against anything like full oper-
atoms.
I'm industrial circles employment Is
good. and the iron and steel industry con-
tinues to SOUND activity. Pig iron Is
stronger. higher prices are being demand
ed for a lumber of finished products.
Eastern shipbuilders have placed heavy
orders for plates and shapes. the rail-
roads are inquiring for rails for next
years delivery. thus returning to their
old-time policy of ordering in advance.
and some business has been booked for
this year by eastern mills. which are In
Il better position to fill nearby require
ments than western plants.
collections have improved at a num-
Der of points. still there Is sufficient
slowness TO prevent uniformity. and pay
mepts at the South continue slow, es-
pecially from retail dealers. Past poor
collections and probably high prices ex-
plair the recent large number of bust
ness failures. those for July maintain
Ing the order Of Immediately past months
though being below those of 1905. n peri.
Cd of strain.
Money Is more active, IN consonance
with expectations of large fall trade. and
preparations therefor. Country banks
grain and mercantile interests figure ir
the enlarged demand. and Of course rates
are higher. Deposits Of country banks
at western reserve centers have faller
off"
DtN'S REVIEW.
Dun's Review says of particular line.
of trade: I'm dry goods. fine lines are
slightly stronger. rejecting the contin
ued idleness at New Bedford. although
there has not been any considerable buy
Ing. Prints have been advanced to a basi!
Of 5kc for standards. and prices of low
and medium bleached cottons were als'
marked up &c and Ac, respectively. Tick
ings are nc higher and denims are yer!
strong.
TRADE in footwear shows improve
ment, despite the reluctance displaye'
by some buyers to pay the sharp aid
~vances demanded by manufacturers. AM
most factories are actively engaged II
preparing fall and winter shipments. Pro
%nounced strength continues to rul
throughout the leather market, especial
ly on sole leather.
"The further price advances on stee
products testify to a large volume of new
business. and there are indications ina
the bulk Of output Is going directly in
to consumption.
Commercial failures his week In tn
, United States were 29l, against 2S las
week. $50 the preceding week. and 30 tn
, corresponding week last year. FaSlre
q I'm Canada number ~, against 30 las
week, 81 the preceding week. and AZ las
, year. OF failures this week in the Unit
, ed States 100 were In the Hast. rs Soutl
o5 West. and q In the Pacific States
fhand l6 report liabilities OF 5000 or NOR.
ainst iO1 last week"
fhe Dow-Jones bulletin about genera
says: Now that July has passed