New-York tribune., 1901-11-16
CONDITION OF TRADE.
"Dun's Review" says:

"Dun's Review says:
few months ago injury, TO the corn crop
Of grain trafic has only failed to produce de-,
rolling stock and motive power that numerous in
interests are concerned the reduction in freight
proves a blessing. Railway earnings in october
r cent mt over s @ She hose roads reporting for
the rst week Of Norsmber show an average gain
throughout the country in all leading lines OF Iner
normal proportions and holiday business promises
surpass al records In m@annfactuT,ing @ there
running pas. II the m, dds OF Of nes fst Ta
and many other products of iron while in building
felt, footwear and most textile branches there ere IS
making collections satisf2et9ry in most % sections
Bank exchanges at New York for the week were, were
cent over 1899. while other leading cities the
Unprecedented conditions in the iron and steel
industry are shown by the statistics Of pig iron
Furnaces in blast were producing at the rate OF
500 2 tons weekly whiGn far f @ ,an all
above the previous top point it might be Lex ex,
on November 27a, 81 tons or much less @ st than
the month OF October Carrying the comparison
made in this industry Since November 1900. the
weekly capacity OF furnaces in blast has increased
have declined from 64 466 to 1881 tons. Yet there
has been no imitation Of prices and the % Ia
trous collapse is to be feared
"Bradstreets' says:
Favorable features are still largely in the as
cpndant. and the of business is running
full the In directions indeed
notably in the matter of forwarding of general
merchandise grain, ore. coal iron and lumber.
Complaints of insufficient transportation facilities
have become more marked. Illustrative of this are
the statistics of receipts shipments of live stock
at Western markets, of and coal at lake points
and of cotton the South. the volume of which
this has heavily exceeded previous years
Seasonable weather conditions East. North and
West have expanded retail trade and enlarged re-
asserting orders from jobbers Weather conditions
favorable, and complaints of slowness of collec-
ttone, due the backward cotton crop or the
lower prices paid therefor. have been more nuner-
A favorable feature regards this latter
stua ton. however. is the turn for the better IN
prices a result primarily of the market having be-
come oversod the down side though aided by a
smaller movement of cotton to market recently.
some weeks ago the East has come sustained
activity in wool at leading Eastern and Western
markets without. however, any special gain in
nrices The iron and steel situation has gained
rather than lost In activity and strength and pro-
ducton and consumption at present nnd no par
alie in the past. An unfavorabe feature noted at
the West is the continuance of the drouth in some
ara being rushed to market because of insufficient
water supplies. Bank clearings, helped by en-
larped speculation, have expanded heavily. and II
ie noted that at all leading cities clearngs are
larger than last week and this week year ago.
railroad earnings reports to "Bradstreet's' con-
rrm the most sanguine predictions of good busi-
ness enjoyed by the transportation interests.