New-York tribune., 1901-10-12
CONDITION OF TRADE.
"Dun's Review" says:


Failure OF a few overcapitalized Industrial cor
porations To pay interest Oh their stock is no cri-
teron OF condition in manufacturing. although an
ports from all sections OF the country agree that
lines exhibit similar symptoms. Lumber advances
steel, fuel wearing apparel etc, all enjoy great
activity 1t is not exceptional TO hear that ali
Vlous records are being surpassed. Labor is we'll
employed at good wages, and the buying power OF
vance in the cost Of living OF 4s per cent ite over
prices prevailing year ago. as shown by Dun's
rately measured by bank exchanges at this city.
shows an increase OF as per cent over the same
week last year and 1871 per cent over 1892 while at
other leading cities the advances were 12.5 and IS
freight movement but railway earnings for Sep
tember were l9l per cent larger than in 1900 and
Wholesome activity is still the feature at iron
furnaces and steel mills While old orders are filled
pect OF catching up with contracts, especially
ming far into next year Idle plants resuming
as rapidly as ARRANGEMENTS can be made and tin
plate mills are adopting the latest and best proc
esses. Domestic needs are so urgent in nearly all
branches - OF Ihis INDUSTRY that export orders are
receiving scanty attention but there is reason 10
expect much activity in foreign sales whenever the
of prices makes the outlook most encoura ging and
there is no occasion anxiously TO walt the time Of
70 The IRON re vas at The rote NJ qo1 os9 s t
an ncra W m ' toms Ee r%ts ne @t b S3 ] tons
September l. and Si.Sl3 tons more than In October.
ing to only S6l 500 tons October l. against SO sal
year ago, and supplies in consumers hands are
believed 70 be light.
"Bradstreet's'' says:
Some quieting down in the general demand for
merchandise is noted this week partly the result OF
weather conditions such rains in the Northwest
and warmer weather at the West. while at the
South the restricted movement Of cotton still
checks trade and collections at several markets
The lull in the demand for drygoods. clothing
and shoes from Western jobbers is, however, not
unexpected. being accounted for by the advanced
stage Of the season. Bank cearings show a fur
ther shrinkage. but still In advance of earlier
years and railroad earnings. though showing
slightly smaller gains than Of late, note con-
tinued and progressive gain previous years.
however. noted. The iron and steel flour milling
boot and shoe. lumber and number OF other In
dustries all working at full speed. and the tex
tile Industries likewise fully occupied. though
the threat OF possible strike still overhangs the
printcloth situation. A slight upward swing in
prices Is noted this week, following the general
gain In all staples shown in September but the
changes In cereals small, whether upward or
downward. The advance in cotton based on the
poor crop reports light receipts, the postponement
OF the Fall River strike and rather better trade
advices from abroad. is "A trifling one. The great
mass of prices the country show few import
ant changes, and this steadness, in fact is not
able feature by itself of the trade situation The
feature in sugar is the partial restoration OF the
large reduction made in refined sugar at the West
last week. Az cents Is asked the large orders
received at the lower price making II certain that
the full reduction was an extreme one