New-York tribune., 1901-09-28
THE STATE OF TRADE.
'Bradstreet's" says:


ly all lines and in some the tide is stl rising as
shown by rmer tone % or actual scb 9 a
cereals. hog products and cotton which are IN on
lating feature not to lost sight of in this con-
nection but beyond this there seems TO nave oeen
commercial have labored for some time past. which
partially explains the large number of cheerful re-
trade the features the continued good tone OF
adTcss from tne I me- Pacoc Coast and the
better retail trade reported at the East due 10 the
advance in the season The talk of widespread corn
crop damage. due to late frosts, seems to have
fallen nat. viewed from the standpoint of corn
prices and of trade reports from affected sections
A quieting down In the demand for drysoods. usual
at this season. is noted at many InarSets U.s. oGt d
vices OF an enlarged distribution of clothing and
last weeks small total and show heavy gains over
a year ago. while railroad earnings, despite the
tales OF indiscriminate rate cutting by the salts
factory returns of gross receipts for September
appears to be exceptionally active and full of or
ders extending we'll into next year.
''Dun's Review" says:
Norman conditions have been fully restored In
the distribution of merchandise. the placing or de-
iayed orders stimulating the few lines that ap-
nres of the business situation is the pronounced
preference the better grades of goods. clearly
sumers Resumption of work has progressed rap.
idly in the steel industry since the settlement OF
between employer and employed In other lines In
stead of the reduction In wages tndt seemed
nent for some weeks at Fall River. an advance or
; per cent was voluntarily made by large con-
Germ. and II is probable that others Will follow.
Excessive optimism is not desirable but encourag-
ing symptoms far outnumber unfavorable indca-
tions in the realm of industry. Stability OF prices.
without initiation. r. the rule, except where the
unusual size of crops introduce special factor
Bank exchanges at New-York for the week We're
63T per cent larger than year ago. and lAS per
cent above 1899. while at other leading cities the
gains 81 and 2i per cent, respectively. Rai'-
way earnings thus far reported for September eX-
ceed those OF 1900 by 1O.7 per cent. and 1890 by
Isl per with the greatest gain in the granger
roads.
average rate There Interruptions and delays
through inability TO secure special lines OF ma.
teral, and higher prices are quoted for both steel
and iron bars. .-steel blets and some other shapes
In pig iron there was the greatest activity since
the strike began most brands reaching higher
prices. Sales of 81 COO Bessemer at Valley fur
reported. equal to SIG delivered at Pitts
burg. Other large orders were under negotiation
and producers look for rising market. Higher
prices for billets were partially nominal. owing 10
the impoSsiby of securing deliveries, but free
movement Is anticipated shortly record break
ing output OF steel rails is practically assured for
1901. and the year Will open with un-
paralleed volume of business the books. Plates
and structural material very strong. but II Is
encouraging for the future prosperity of the in
dustry that there Is endeavOr to initiate prices
but rather a disposition to minimize the cost to