New-York tribune., 1901-11-23
CONDITION OF TRADE.
Duns Review" SAYS.

"Dun's Review says:
Never before in the history of the United States
thanksgiving This country has made unprece-
supremacy not only in commerce. but also
finance To a marked degree business enterprises
have proved successful An idle wheel In mills or
factories is the exception while labor Is so well
employed at high wages that consumptive demands
Transporting facilities have been unable TO keep
planning of tardy deliveries, which alone act as a
brake commercial progress. BY closing lake
railway situation. thousands of being restored
TO inland traffic. This factor of seasonable
lectons swell bank exchanges. which for the week
We're per cent Larger @ 5aan h last year o,be at TINS
cities there gains of I9 and II per cent, re-
spectively Heavier payments through clearing
houses are not due to speculation. as sales of
stocks for the week were smaller than a year ago
Careful search discloses few unfavorable factors
the iron and steel situation Probably the least
satisfactory conditions are found at plate mills
which report uneven distribution OF orders.
few large concerns appear to secure the bulk Or
largely expand the buying. while the new COM
bination will put this class of mills on a stronger
orders placed. though mills unable to
guarantee delivery within year one Pittsburg
teriaI at 100000 After six months of more or
less interruption all machine shops and kindred
plants San Francisco have fully resumed, and il
is certain that the greatest force on record is now
steel making Raw material at the South has ad-
vanced, but at central points pig iron is steady
Gus domestic consumption there is little thought of
exports, except of the more expensive finished
products though the movement of wire to Austria
liza is unchecked.
'Bradstreet's' says:
Mild weather and the shortage leading
subjects for discussion in trade and industry. The
former naturally limits retail consumptive demand
in some sections, notably the North and Northwest
but complaints also from the South. where
however the shorter than expected yield and the
lower than last years prices of cotton addition
al feat Taken a whole, however, the
order demand from jobbers the country and
the inquiry for holiday goods is equal to- and in
the latter case superior to, recently preceding
wears. The shortage grows worse instead of
better; Special inquiry by 'Bradstgeet's' devel-
OBS that while complaints of insufficient trans
portation facilities come from all leading Ameri-
can. Canadian and some Mexican points, the
chief tension is noted in that part of the country
between the Allegheny Mountains and the Missis-
sippi and between the lakes and the Ohio River. In
dustria centres outside of this territory however
particularly Birmingham. Ala, and points far
East as Providence, report interruption to trade
and industry and tire volume of shipments limited
thereby That motive power is deficient and in
many cases the yard capacity of different railroads
is insufficient also appear evident. While 1t is
that the close of lake navigation will relieve
the tension and release some cars little permanent
Improvement is looked for until after January 1.
AS trouble in its entirety, however has its
in too much rather than too little prosperity. the
trouble contemplated philosophically