New-York tribune., 1901-11-09
CONDITION OF TRADE.
"Dun's Review" says

No better evidence OF the prosperous domestic
conditions could be desired than the fact that
of the decade. on November the average annual
by taking such quantities represent the per
capita consumption. was at the rate Of G.7+ This
Is increase of per cent. as compared with No,
venber / 1850, and 40 per cent over the low record
t6phe6 pe65 @ Seh as Ror
stricted production speculative manipulation.
vigorous consumptive demand. which does not come
except when there is full employment at good
has stimulated retail distribution of merchandise
during the last week, and collections are generally
insufficient supply of rolling stock railway earn
year and POS per cent over 1899. Bank exchanges
1890 by 30 per cent and 1899 by io4 per cent while
other leading cities the gain over last year ear
she am0nn5sa SO s PsI iSa @ compared ~
Little relief has been afforded the leading manu-
facilities In fact the situation the whole is
less satisfactory since inability to secure coke has
brought about the banking of some furnaces. This
in turn tends to harden the market for pig iron
except at Philadelphia where 25 cents more a ton ton
best business barometer. present conditions and
future prospects certainly most encouraging.
pacity in order to handle the growing business;
Material is purchased now for much
seeking acceptance. Railway needs were never as
nd Is That o viii Be pa
abroad Yet quotations are not ana rs
is the best evidence that sta6illty VIII VII contdue d e.
f6e dficmitv arising from car shortage making
three retardng Influences affecting the output OF
coal lust when the export demand has become Il
factor of Importance.
.'Bradstreet's' says:
The trade situation presents many points OF
strength and few of weakness. Colder weather
throughout the country has stimulated retail trade
in heavy clothing, shoes, groceries ana ruoDer
goods, and this has already been reflected III an
improved recorder demand from Western ana
Southern jobbers Collections, too. are more salts
factory. Country merchants are reported in good
financial shape, and result of this Is round IN
the rather better supply and easier tone of money
Bank deposits smaller cities in the corn belt are
reported increasing. Holding of cotton is reported
fir )m the South this being aided by the strength of
the business community generally. Speculation in
stocks and in leading staples has likewise i'm
proved and the broadest and to all appearances
healthiest. market in securities since last May is
now in progress. Higher prices have been made
for cereals. "Bradstreets' figures of the worlds
visible supply favor the bears but little. foreign
ca bles are better, and export demand has been i'm
proved both for wheat and corn the strength of
these being shared in by flour. the production of
which az Mnnea polls and other is very
heavy, and by oats. The price situation is of
steadiness though some hesitation shown dur
ing October. Failures about normal consider
ing the large expansion in business
years, and liabilities for October, with eXcep-
ton. are the smallest since 1893. October railway
gross earnings confirm the best reports made s
the large business offered Preliminary returns to
Bradstreet's'' for the full month of October indi-
ate gain of fully 10 per cent October year
active, and steamship freights at Atlantic ports
are dull and low. Manufacturers busy the
country and running full time in nearly every
instance.