New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-06-25
CONDITION OF TRADE.
''Dun's Review" Gays:

Aside from the strike Of garment workers, de-
se!oPnents OF the last week have tended 10
ended. and. although its action almost fore
gone conclusion the Industrial atmosphere IS slight
~ clearer; The hscal year is drawing 10 close
with national finance in sound condition, the
no cause for uneasiness The most important trade
influence just now is the progress OF the crops.
sonable weather has stimulated distribution of
chendiSe. retail business improving very noticeably
al many elites although It is not customary TO find
saes increasing at this time. fair jobbing trade
IN ran mes OF wearing apparel Is noted at Balt-
definite change in the volume Of business is
confidence Is felt Electrical houses shipyards and
locomotive works fairly busy at Philadelphia
building operations are sma PtbgTE reports eo ns%
little increase IN business. and more confidence
way earnings thus far for June are surprisingly
per cent. being reported Foreign commerce. at
this city for the past week shows decrease II
year and an increase Of s-57sSs5 in Imports Money
continues In greater supply than demand call loans
have Teceived little more attention prices rising
moderately but the volume Of sales stil compares
unfaEorebly with the same week last year. In view
Of this fact the comparison of bank exchanges at
70 only 81 per cent while at other leading cities
the average decrease was 80 per cent
furnaces and steel mills. Nominally the list OF
prices remains the same. although small conces-
urgent, and the average of all products OF the IN
dustry is a trihe lower because OF the declines,
which were practically confined TO pig iron. The
only event Of the week further curtailment
Of production and resumption of conferences re-
Eardng wage scales at plants employing members
OF the Amalga mated Association. Early next
month the various price agreements Will be dis
cussed but there little prospect OF any alteration
few orders OF pig iron in the Pittsburg market
aroused little enthusiasm, and the large number OF
plans for structural work have not resulted IN
actual contracts for material
"B-adstreets" says:
There has been enlargement In demand at
the West this week but the betterment yet IL
Largely ono of tone and is predicated upon the
questionably better crop advices received from
nearly all sections. AS usual this improve ment finds
its readiest reflection in the stock market, which
past while the continued OF money is indi-
Gated by the prompt oversubscriptions for bonds
issued by the leading railroads. Reports from the
leading industries not significant OF any par
ticular reaction from the duness noted heretofore
The iron trade appears 10 be grounding upon the
bottom as regards prices and curtaiment IS be-
coming widespread. From the leading textile in
dustr!es the story is one of almost midsummer
dulness and OF waiting disposition the part Of
manufacturers. Prices generally. except cotton and
textiles, show few important changes, and really
for the elapsed portion OF June promise to make
rather favorable comparisons than the
earlier spring months while bank clearings be-
tray irregularity, coincident with varying inhu-
affecting bank operations different centres
and below last week and last year. No particu-
lar Improvement in collections Is yet to be seen,
and long spell Of warm weather is still regarded
necessary retail trade in seasonable goods is
10 be stimulated.