New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-10-10

"Dun's Review" says:

In the commercial world. AS rule. there ~ more
WSeasneas Tesardng the financial
situation recedes the season advances wi nton
producing any monetary pressure IN a. ~,
with crop moving The prop9sed red IsaSne y pro-
ducers steadying prices just when changes in
fsht Faes started sH91as5 EXCEPT Where the
raw material markets are unsettled or LABOR SUE
Was attributed to the latter cause. ard the move
ment Of cotton at New-Qrleans also suffered pc
onSba Io m advegse efrect vvhoIsssIe trade
is active at Baltimore: brisk business has been
transacted in fan clothing. and the outlook Tor
sale Of fan and winter clothing at Boston building
smaler than last Wear although prizes remain firm
Manufacturers are busy at Philade phia. but build
ions Rg oW Is sRa ne frs e IS brisk at chi
cago. orders well distributed and payments prompt
crops. yet there IS some delay in traffic. and earn
last year Latest returns Of foreign somnerce at
this port are unsatisfactory exports showing loss
and in.Pcrts decreasing s2575l2l Bank exchanges
than last year. while at other leading cities there
was gain of "A per cent. Reduced dividends and
shcW that conservatism n is ncreasiHg and that
there is no disposition to disguise the fact that bust
there is nothing slarmns in the situation and a
have assured full occupation for all plants.
''Bradstreet's' says:
Trade conditions are stn Irregular. Business is
Of fair volume but not so active a year ago.
partly because Of the backward seacon, heavy rains
interfering with crop movement and colIectloTS;
vexatiouS labor troubles, past and present DIS.
cOurag1ng building operations. and the spread OF
the conservative feeling among buyers, based upon
stock market Liquidation and the feeling that high
prices Of many products will tend. IL II has not
already done So automatically to check cOnsump-
ton. Many underlying conditions are. however.
still favorable. First in Importance should be reck
oned the decidedly better tone Of advices from the
corn crop. which has developed a larger Yield and
a better quality than earlier deemed possible.
Special inquiry by 'Bradstreet'S' points 70 yield
OF at least 80 10000 bushels Of grade generally
far superior to that OF a year ago Lower prices
for this and other cereals and for cotton. whose
WELD will be smaller than seemed probable month
ago seem likely to help our backward export trade
in those products and improve the foreign ex-
change outlook. Collections, too. though backward
expand. The volume Of business doing by the rail-
roads is excellent though the familiar shortage
trouble is looming up. despite improvements In
terminal facilities The growing weakness In pig
iron. though the face OF 1t unfavoraole, VIII
have the effect Of shutting of production 70 the
extent of 100000 tons for the last quarter OF the
wear and of ending foreign imports. The quietness
in textile lines continues put the price of cot
ton is getting down to point where manufacttlr-
ing opera tons are possible ut profit TWO prom
inent Industries. those Of shoe manufacturing and
OF anthracite coal. have been and are doing well.
though margins Of profit smaller The down
ward swing in the materials of industry is IN
iron are taken in a fair way, and some railroads
are entering the markets for rails and cars. The
uncertainty among buyers as TO future prices is a
disturbing feature but there proof that there
is q good foreign and domestic demand for our
goods be satisfed-at a price