New-York tribune., 1907-04-20
CONDITION OF TRADE.


Spring trade develops slowly because of unsea-
covered i'm large. measure Wbe6 norTa ta,oTer DT
ture prevails, Delay IN retail demand has stopped
being enabled TO secure goods in ample tms
owing TO the backward season. Cold weather has
agricultural progress, well trade IN light-
E1 the sjeniisanda 81 tf caIrn Sl1s sooGs M
determined. Similar bad starts in other years have
only actual damage Of any account is reported in
somo winter wheat fields OF the Southwest. where
insects and drCuth combined injure grain and
on most OF this area some other crop has been
on liberal scale. building operations are active
ana leading manufacturing plants are busy. Few
labor struggles retard work IN the industries. and
an unusually small number OF strikes are sched
ing freight lockUdes. and with the resumption OF
lake navigation on the northern border, traffic
earnings for TWO weeks Of April were 1870 per cent
larger than in the same fortnight last year. ON
March exports exceeding those Of the same ontr
in iSOS By si7o0oCc0 While imports gained SO 600 G6o
For the last week at this port alcne exports
creased S2aio6si Money rates continued easy but
failed 70 increase pubic interest in securities.
Ng% York Tsre g 50 per , cent t. smaller than in the
there was an averase gain OF 9S per cent
'Bradstreet's" says.
Continued cold weather throughout the country
delays crop preparation and development. injuries
fruits vegetables and cotton and duis retail trade
Coincidentaly orders from and collections by Job
brnches Of trade feel this relatively G leas than n
other years. because they still very generally
pushed to complete deliveries on earlier orders
and indeed have still on their books a large
volume OF business which they are struggling to
complete. Indeed, the one salient feature that
stands out clearly revealed Is that. despite con-
tinued immense activity In all lines OF manu-
facture. the pressure on the producers for deiiV-
cries is insistent the best examples of this being
found in the iron and steel and cotton goods lines.
which. a whole. show rather more firm un-
dertone. Thus. sellers of pig iron for the first half
are being urgently pushed for deliveries quotations
very strong. and there is rather more reported
doing in foundry grades. which hitherto have been
COttOnS. he fpn-
dency TO mark up quotations Of prints ginghams
and sheetings. though drills accommodating and
concessions can be obtained. A noteworthy feature
at the country's largest market has been the an
nouncement OF the annulment OF the usual sprinc
sales In wash fabrics by leading concern because
there are no surplus stocks to offer. Water Davi-
cation has been prevented from opening up as
early in some other years. but It is noted that
the railway traffic situation Is easier, cars are be-
coming plentiful and the congestion ruling
during the last half year is less acute though still
affecting deliveries OF lumber. coal cotton and
other products. Railway earnings continue to show
large gains in gross the best Of previous
years. but net earnings. those for February for
instance. are showing decreases from the encr-
1lous gains OF preceding years.