The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1913-12-29
farmers HIVE
6lllNEAIR|.|Slls'|
lQIlISlREI!E|.IIAlI|
MONTHLY REPORT CALLS AT
TENTION 10 STIMULATION
/. q OF R. R. BUSINESS. "A
GENERAL CONDITIONS, y
S,S HOWEVER, QUIEl
APPROACH OF INVENTORY SEA.
SON RESPONSIBLE FOR THIS
SITUATION.

ing during the last few weeks cover
ing the Christmas shopping season
"Dun's Review" is optimistic, Of
some lines, but in regard to whole
sale totals the demand was yer!
small, due in large measure to thu
inventory season that is. now pre-
valent over the entire country. Thu
Review said: a.
"With tile approach Of the annua
inventory period general SLOWING
down Of business was to be expect
ed, yet more than seasonable quiet
ness now prevails, both in commerci
al and industrial channels. Christ
mas sales compared fairly well will
those of year ago, although the &C
tivity was not general. In whole
sale lines, buyers Of dry goods con
tinue in a waiting attitude regard
ing forward operations, the influence
of lower prices for raw cotton hay
ing restricted Acknowledgements fhi
ished products. Thee market G0l
wool srefeetarapD irregular demand
with manufacturers shegipgu9o dEi
position teppprGhldalsenM lexeeRs, OF inn
mediate Eeqgiremant& IN New Eng,
land abe retail movement Of foot
wear has improved and jobbtng
trade is fair, but some factories are
down sfor stock-taking pur-
poses. The undertone of leather re-
mains firm and there are no &C.
cumulations of stock in any quarter
Although the running schedule OF
steel mills is likely TO be reduced be-
fore the year end, producers seem
to be more confident as to the out
look. Demand from the railroads Is
and there has recently
been some large buying Of pig iron;
hence, the situation appears moro
encouraging and producers are less
inclined to grant price concessions,
The final Government estimates Of
agricultural results this year ihdk
cate that a vast amount Of new
wealth has been created by. the Nsoif,
the decline in the
yield Of some crops; higher prices
more than Offset the loss in produc-
tion, so that the purchasing power
OF the farming community is really
1t is also gratifying
that the outlook for the next winter
wheat crop is highly encouraging,
the acreage being very much larger
than last year-when results sur
passed all records-and the condi
tion the best in fully decade past.
OF particular interest In the tinancta
situation was the fall In ritish COM
soils to the lowest point in almost a
century, the decline being attribut,
ed mainly to the new security issue
launched in London. The loss Of 9.S
per cent. in bank clearings this
week, as compared with last year, Is
partly accounted for by the restrict.
ed transactions in the stock market
o,,sr 1a11 Cross roilrood earnings
son ~ erst WOOL If nocomhpr alsr
~ ',,ad Nv 49, nd,,orsa ovhihit tho tota'
- = !, ~, cont ioss thon vear
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=
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