New-York tribune., 1901-08-31
CONDITION OF TRADE.
"Duns Review" says;

'Dun's Review says:
August opened with the commercial sky overcast
by storm clouds that threatened serious injury to
the steel industry while drouth In the Southwest
aroused pessnnsuc pFeGlctons ttd' ,bd puSeSS a. a.
idle strikers. together with prohtless season in
factGTins, trads and transportaton, according
the prophets OF evil Instead Oh these caaInltous
conditions. however, the nonth ends with horizon
that is almost clear, and each day resumption of
work idle mill adds TO the productive ca
pacy, while cancelled orders for merchandise from
dealers in the drouth section rapidly reinstated
the farming population can face moderate losses
with equanimlty- Jobbers and manufacturers re
Ter grades and there Is definite measure OF active
trade in bank exchanges at this city, a per cent
larger than In the same week last year, and DO
per cent above lS0, while at other leading cities
tile increase is 3G.2 per cent and 25 per cent.
spectively. Although scarcity OF freight holds
back large tonnage, railway earnings thus far
reported FOR August show gain Of l2.l per cent
over 4ast year ana -S.o per cent over Ioi' Quo'a-
lions oi steer products are sun nominal OWING 10
the difficulty experienced in securing prompt de-
diate shipments they are ready to pay premiums
but on distant contracts conditions are unchanged
The strike and this proportion daily. decreases.
Pig iron consumption has been curtalled and
increase IN furnace stocks on September IS ex-
large demand anticipated when work is fully
sumed, Consumers OF t!nplate have secured sup
capped. and while II is to he deplored that Ameri-
OF this business II Is fortunate that other indus-
tries are not disturbed
surprising in view OF the general tendency TO in
estimates OF the crop far beyond the guam
uty Indicated by official figures OF condition. An
other Weakening influence !s the slight decline or
exports below the record breaking movement OF the
FIRST TWO weeks OF August Shipments for the
week. however. were stII phenomenal, assregatinS
and z.i1s9l7 In 1929 Moreover. the gain occurred
despite the Interruption 10 shipments from the
Pacific Coast BY the strike OF grain handlers. These
figures u exports omit the movement from Cana,
dian ports. usually included IN other records. and
causing confusion as 10 the actual state OF do
mestlc trade With a yield OF 50o00 ocO bushels IN
ar rIe "a = m he Or1iv are
falling little snort OF q million bushels weekly
Corn IL siubboru.y hrm. though Atlantic exports
for the week were but 40l.4j1 bushels against .
Hot.lN year ago. and i0tS,te0 In 1893 whle West
receipts were S.42i SIS bushels compared with
2i-3sii ast year, indicating that farmers con-
tent 10 market their surplus at current prices.
"Bradstreets" says:
further Improvement n corn crop advices
confidence In the early ending OF the steel strike
a further advance IN cottou-due, however, to crop
goods trade advices-aud last. but not least. the
advent Of cooler weather. unitedly responsible
for stil further enlargement OF general trade dis
tluuuou at nearly all markets and "a per rSsjtibly
better and more cheerful tone OF business Eeuer
ally Specially good reports come from such cen
tres Chicago, which reports very heavy bust
Louis. which advises OF unusual activity among
Johhers and the drygOods trade In August beyond
expectation; from Kansas City. which reports that
fObhers have all they do TO handle business Of
fering and from Omaha. which reports August
trade larger than last year. Those dispatches are
apparently only corrohorative Of results obtained
from special investigation by "Bradstreet's'
throughout the entire corn growing section. which
point yield OF not less than 10000 0aO bushels
OF that cereal and that reiterate earlier reports
that he good wheat and high prices
that cereal and corn will nearly or quite Offset the
I'M effect which might otherwise arise from the
shortage OF the typical American cereal