New-York tribune., 1906-06-16
CONDITION OF TRADE.
INNS Review" says:


A moderate reduction in commercial activity Is
- s expected at this time of the year. but conf
ss1re in the future IS 50 strong that there is evil
g.. c. This attitude Is most pronounced IN the in
as,r,s, world preparations for fall and winter dis
,r51icn being on an unprecedented scale ana sew
- leading producers announce that the customary
sTruaer shutdown will be entirely omitted cur
.sIe6 10 the extent lecessltated by repairs Low
,.rreraure has retarded progress Of the crops. al
.sassh no definite reduction in yield is announced,
sTeey: IN oats and nay, nut errauc fluctuations IN
,r,es result from the numerous contradictory re-
pors Of injury. as Is usual at this season The
isavy movement OF merchandise IS attested by an
Erssse ii railway earnings thus far reported for
;r-s os ! rer cent over the corresponding period
,s week shows gain OF 8. 81, OIL in exports and
tse movement year ago All classes of farm
.-s5,ss except cotton. were exported more freely
n Nay than II ne same month last year. and the
rs oi almost Sle0oo@o in cotton failed TO prevent
I, eain n all exports OF 1875, rs while imports
gandng month Of 1906 More money has returned
f5ul san Francisco reducing rates for loans. but
net changes for the week IN prices of securities
lsing snail and generally lower. Bank exchanges
Ian IN 1915 and at other leading ci,!es there was
q average gain OF 66 per cent.
'Brsdsreet's" saws.
Trade and industrial conditions are satisfactory
c'na6ering the season Of the year, the main point
bang thst business in general is not only of aver
s proportions. buy s. in many lines. quite in eX-
sss Of that Of year ago While some parts OF
tss week were TOO cool for the most active retail
,rsde general results have been very satisfactory
especially as regards demand for summer fabrics
Fal oraers Tor many lines Of goods are coming
forward IN eooaly volume, and jobbers appear op-
tnistic 10 the outlook. Machinery is well en-
IlOyed the country over, though sumner shutdowns
vii be more n evidence from now The labor
s1suon, while still disturbed some points, has
improved. II ANYTHING Crop reports are somewhat
bettsT, the deterioration in the winter wheat belt
hElg been fully discounted. while up In the North
vest the weather has improved, thus making for
isner crop conditions At the moment the outlook
Is for q very good Weld Of wheat. though dana &c
rpoFs are numerous In the cotton belt the situa-
ton is brighter, except at few points Georgia
PARTICULARLY. where severe rainfalls have damaged
ne plant Moreover, there is a slightly better
tons 10 pig iron. the production of which IS de-
rsssng, and consumption IS heavy. that fact pre-
venting any large accumulation Of stocks Rail
way earnings are very large, the increa So
ar Nay being over il per cent, thus stamping the
ninth ss The best May on record. Money con
h9es easy and collections range from fair TO
goo Building IS active. hence immense demand
u HARDWARE and materials in general is we'll main
u-sa though yellow pine displays some weak
tss Prices Of commodities in general are, how
fE, close to the record level. AT San Francisco
ar-tons steadily improving.