New-York tribune., 1905-02-11

of merchandise Is OF liberal proportions and tns i
tempsrature and storms interrupted traic some
extent. but accelerated business In heavy tisi
the best feature especially in the various dspaft
msnts Of the iron and steel industry "ne on,e COM
servatism is noted in the placing OF advance oroeIa
absence Of reckless operations that produce inflated
prices and ultimately cause excessive, in ~
retrenchment. Gradual progress rs always hpis tbt
pwhoIesono Element 10 a pronounced degree. Lib
eral consumption of commodities IS evidehcss5d s5 o 1
TO slolo42 during January Railway sarnngsi ~ iodi n
s 1haf MONTH were per cent mi, r for the last
week showed gain OF Slgos.o 81 IN TaI"e ol or I'm,
p9red with the % same week last Year More gold
exported but rates OF exchange shifted to such
short of the preceding week despite the fact that
Shipment was Of coin. Money is still abundant and
easy while prices OF securities rose TO a new high
York for the week were As per cent larger than
in 1soi while at other leading cities the gain was
Favorabie reports are received from almost every
steei ras sharing the Better feeling orders on
the books now exceeding million tons The ad-
structural shapes while specifications on contracts
mage of pig iron has been placed at SIS 80 Valley
furnace preventing any weakness in this section ot
Stocked d up up some%5at heavily statisticaliy the
pig iron situation could not well be improved ac-
Age" which makes the January output about
STOCKS actually decreased so24 tons for the month
showing that unprecedented production
pTo6aby at the rate G Of sO tons per The
blast, making the weekly active capacity more
than coo tons for the first time In the history
of the industry.
'.Bradstreet's" says:
Spring jobbing has at last begun to expand and
reports of Improvement from the West
Northwest and Far West. this despite severe win
ter weather. which has. in the case OF the South
@>erated TO check the development noted last week
Drygoods, shoes, groceries, hardware. millinery
and lumber at wholesale nave all sold better than
or late, and certainly in larger volume than this
date year ago. which latter period. however. saw
and sleet have interfered with river transporta-
entire South
Industry remains as active as heretofore and
made in statistics. showing production and con-
sumption the heaviest ever recorded. Collections
are sun subject of complaint apparently feeling
the effect of weather conditions dulline retail dis
tribution. which in a few lines. however such as
shoes. rubberS and heavy wear goods has been
favored by the fnclement weather. Money is still
phenomenally easy, and temporary check TO the
heaVy outgo OF gold is noted Some benefits from
climatic conditions are noted; likewise some draw
packs Anthracite coal demand has been stirnu-
Iated at the East and prices very firm The
west has taken more freely OF bitumnous grades
which are reported in rather better supply there
Coastwise and ocean shipping has been hampered
throughout the entire north Atlantic seaboard and
outdoor activity. such building. has been re-
try. The labor situation is, on the whole favor
able. but the perennial unrest in the New York
building trade Is again manifesting itself with
great possibilities future trouble Tho general
In a large trade when winters grip ia definitely
broken and mild weather arrives.