New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-11-12
CONDITION OF TRADE.
l.Dunn's Review" SAYS:


All measures of trade indicated the customary
loss due to holiday interruption but subsequently
much Of the deficit was regained. numerous cyl
disposition place orders for distant shipment
cant and IN other leading brtnches OF ctITe
there is a steadily diminishing percentage of idle
fact that It is between seasons, and the raw wool
market Is very strong. There is some complaint
in the mil district. is stin partly idle. Textile
plants at are r Hsq Phe other
large cities report favorable conditions, except that
retail trade would be benefited by lower teinpera-
ture, Foreign commerce at this port for the last
week shows decrease of S562.905 in exports com
Creased si364ss1. Receipts of coffee were promi-
tober exceeded last years by 3.s per cent. The
average quotation for the sixty most active railway
months. and the volume of sales exceeded all fig
ures for three years and half The general pup
this movement began. Bank exchanges at New
for Ave DAYS Of 5 per cent over the full week last
year being reported while at other leading cities
there is a loss of per cent Developments In the
leading manufacturing industry are about equal to
the most sanguine expectations demand Is eroa II
ing for heavy tonnage OF plates wire; pipe aho
than at any previous time this year. and sales OF
bars were made at 81 above the list price. A meet
Tuesday. at which uniformity may be secured
"Rradstreet's" says:
Interest in the elections and unseasonabIy warm
weather in some sections have retarded trade, but
reflection later IN an enlargement of wholesale and
jobbng business, a frmer tone of prices and more
assured activity in many leading industries Off
ciaI reports of past crop yields and adviCes of
largely increased aCreages in fall sown crops were
contributors to the confident feeling. In addition,
reports as the outlook for holiday and
springs trade have proved favorable Relatively
come from the South but leading Western centres
have reported some Improvement in recorder BUSH
and there is rather more snap TO demand at
the East from jobbers and first hands Collections
have been rather better and money has ruled easy.
Railway earnings returns point to moderate gains
over the good results Of last fall a better
distribution Of the enlarged business heretofore
pressing upon supply in general level OF quota
lions close to the highest recorded in the last
decade.
There has been a shifting Of activity from the
CTuder forms of iron to the more finished products
Of the steel industry. without. however. dntnu
ton OF the strength of prices of pig iron, which Is
fraCtionaly higher in all markets. Indeed the dis
next year has been factor in restraining extreme
activity III. the market for pig. Bessemer iron has
reached SO at PittsburS; No. ? at Birmingham Is
S13 basis No. foundry pig Is at SIS 30 at Chi
cago. and No. l sells at SIG New-York, advances
of 30 cents to 81 ton thus being obtained at all
points. Production and demand appear to have kept
pace with each other in October and a point of in
terest furnace is that coke is high and hard
to obtain owing to scarcity in the Central West.
heavier than expected earlier in the season Larger
sales of finished steel bars plates pipe. sheets tin
plates and structural shapes are noted at many
markets. and prices strong and tending upward
all along the line Premiums for early delivery
being demanded for billets and bars.