New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-28
CONDITIONS OF TRADE.
'Dun's Review" says:

"Dun's Review says.
Retail trade is stimulated by seasonable weather
and the Industrial outlook Is brighter the whole
although several adverse factors have appeared
The big orygooos auction sale opened with an IN
expectedly large attendance and good prices were
secured Il is particularly gratifying TO note that
retailers rather than Joooers have mace most OF
the purchases, thus providing prompt distribution
into consuming channels throughout the country.
at woollen mills and shoe factories. and while
Of note than the last Fan River statement showed
Very little reduction in dividends. Inaccurate i'm
pressi0ns have prevailed regarding the extent Of
idleness among railway employees. Even II the
most extreme estimate is accepted il is only about
per cent OF the entire force and in normal year
2 per cent are idle in. summer. so that the excess
this points 10 moderate contraction OF business
Il Is by no means as serious as sensational reports
indicate. Traffic IS badly dsorganized by strikes
on New-Englsnd and Lake transporting lines, and
Il is unfortunate that some labor leaders do not
comprehend the untimeliness Of these controver-
sizes. Railway earnings thus far reported for May
tel 81 per cent snort OF The same time last year,
week shows gains OF 81 $3.50 in exports and sSis5i5
n Imports. Bank exchanges az New-Hork We're
is6 per cent smaller han in $685. at other leading
II is Increasingly dificult to find encouraging
indications pertaining to the iron and steel indus
az turther concessions. although il is difficult 10
and definitely lower quotations. except for pig
eaaper than az the corresponding date last year.
Much structural work IS under neeotiatlon and there
pe placed, pGt thus Tar the tonnage Is small, ana
conditions unsatisfactory. Bars are sought by
there
vas no uncertainty regarding the wage scale on
July = and there IS a seasonable movement Of
port business is under consideration. prices in sew
eral departments having reached a point that
branch Of the Industry viii need 10 expand material
y domestic conditions continue quiet or the
Sic SI1 ~ pig s sf6c w Poa9Ge o an & f
coke are resulting from the effort 10 save demur-
terms
'BradstTeets" says:
5ns situation is rather more Irregular. Distrib-
rtive trade, stimulated by better weather IN some
sc sscuo5s: has improved but is sun behind year
..;npIoEemeat bur cotton reflects droUthy condi-
IONS IN he South Atlantic and Gulf States while
ne industrial situation is hardly 50 satisfactory,
s.gNlhs down being noted IN many leading indus
I,sss me number OF idle persons is growing, and
s.sEAed labor shows IN some sections q woful lack
~ FORESIGHT and knowledge Of real conditions Cur
.ron 1870 eefhings continue 10 show declines
, .sa year ago, cearings are running smaller and
fsSss' except where exigent cash demand or specu-
ens-cn,, re s4aeon Is present. tend downward
,SSsu.~aoh IN stocks IS al low ebb. but easy
soIDs are lighter as intimated last week, and the
r~ sha Sanal remittances are reported all made.
= evening UP OF distributive trade Jobbers CT
s'ssoSos Clothing, shoes and hats al Chicago note
proysa retail trade Business in vessel supplies
- a. me lake ports has been hurt The movement
itrsseaesly suspended. bat lumber boats are NOV
b,s,s sout interruption. St Louis reports spring
F.r ne result Of the Worlds Fair is yet noted
rrovs-. ssrs however exceed q year ago. Some i'm
Civ 49, II wholesale trade is noted at Kansas
soma where continuous rains had previously caused
men SSxety. Cincinnati factories are laying of
and Brsss1aeSs and shipping at Cleveland Detroit
Bette , -o have been hurt by the lake tie-up.
South bs.aiaer is stimulating retail demand at the
have b ~ N me Northwest rains at some markets
Tia 49,, uniaYorable 10 current distribution
shoe , peter tone noted IN Eastern leather and
frrDer - continues this week. Hides are rather
rlsst sne fair business is doing in leather. with
perv ssaes which are growing IN favor. reported
n SsT e; fruits and vegetables are received
oVips E.ssiend markets 81 rather poor condition
Phiiaa.iDt me New-Haven freight handlers strike
uslsi .pssaa reports lumber rather quieter than
closts,- eHu Boston reports msrkdoWn sales BY
boo- -. stimulating business al retail Trade in
Frfi,s arg manila paper Is good. but demand for
"iib paper Is slack.