New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-05-30
CONDITION OF TRADE.
"Dun's Review" says:

While 1t is true that Wall Street Usually dis
counts any material reaction In business II Is aiso
causes During the last eight months the average
price OF sixty railway securities has Iaen OG i
dustry and trade have suffered corresponding g
attributed to the stock market owing to its &C
curate barometricaI fluctuations heretofore. NV
street that influence prices Irrespective OF egiti
mate business Weather CONDITIONS nave dS al
though considerable losses have occurred IN gar.
East owing to drouth Labor controversies are sun
the most disturbing factors in the sltuatiqn anu
merchandise will be affected Structural material
of all kinds moving slowly because OF strikes IN
the building trades which are exercising more
widespread influence than any other dlsasresne1
At the East the trade situation is satisfactory as
rule; Boston reports brighter outlook as 70 lPOr
disputes and favorable weather Tor retall q I
ton of wearing apparel and other sedsoIldnle me
chandse carriage builders are exceptionally pussy
has been Unprecedented Railway earnings thus
far reported for May 128 per cent Larger than
cent. Bank exchanges at this city for the wee6 ex-
cent and in 1901 bv 2S6 per cent At other leading
cities there were gains of "a and 900 per CENT re-
After many weeks of discussion the expected
in pig iron iron MAS eenPP
and showing but small decline In price C9nsia d
Transportation. the magnitude of the contract and
the ample time in which to make deliveries SlS %
decline was to be expected and only by read
jpstment of quotations can this fcis proV
Demands for steel rails have again become urgent,
Fha Rare bfe2 aSh bes W their
regular business next week
"Bradstreet's'' says:
Wholesale trade awaits crop, labor and price de-
velopments. Too much rain is reported for Western
which is still delayed. Southwestern damage re-
ports are noted in winter wheat, and a further
order. Spring wheat conditions, however are prac-
tically perfect, and record breaking yield or
wheat Is still in sight Winter wheat harvesting
has begun In Texas and a large yield IS indicated
Price conditions favor larger acreage than last
year in corn. but heavy rains have rendered much
replanting necessary and delayed operations gen
orally, that last years enormous yield Is hardly
probable The yield of oats, also will hardly equal
that of last year. The least satisfactory reports
as to corn come from west OF the Mississippi The
effect dry weather upon oats east of the MiSSIS
sippi has been partially offset by recent heavy
flour are reflection of these conditions Weather
conditions have continued to favor cotton, but
from to per cent increase in acreage is indi-
Gated, it is as vet too early 70 draw any general
conclusions to yield. The drouth in the Middle
Atlantic States has been partially renewed, Out
New York and New-England still suffer for rain.
Unsettlement still characterizeS the labor sttua-
ton. Close to 100 600 idle in and the
of work in the building and allied trades The de-
mand for fiftyfvehOur week In the textile trades
IS a reported disposition the part of many of
the manufacturers to grant this concession June
is the day set for decision to the possible strike
Building trades in other cities are hampered by
labor troubles. notably at Philadelphia, Chicago and
Kansas City, and possible far reaching source OF
trouble is the reported intention of the freight
handlers at Western railway centres to strike.
This trouble is reported to have begun already at
Kansas City and st. Louis. The impression that
countrys history is however, hardly correct Only
one year ago 10000 idle In industry
streets records proves that years ago disturb
ances fully widespread.