New-York tribune., 1907-11-23
CONDITION OF TRADE.
'Dun's Review" says:

improvement is reported in retail trade and
sentiment is more hopeful in some commercial de-
parunents, but pending the resumption of active
oeiasnd manufacturers restrict production. Pnan-
oal conditions less disturbing, much relief re-
sutng from large imports OF gold while a better
sesling was caused by the announcement of further
government aid although the proposed bonds and
csfhcates have not yet increased the actual supply
money Mercantile collections are irregular,
some sections of the country reporting Unexpectedly
prompt settlements, while at other points they are
ho~ Liquidation has continued in securities, the
10y support being supplied by small purchases for
lssstment, and the average for the sixty most
sctFe railway stocks fell to a new low record for
ne last seven years Railway earnings thus far re-
sorlea for November show a loss of l6 per cent.
-olpaTeo with last years figures and foreign COM
-rIce at this port for the latest week supplied a
ss.h OF ssS.45o in exports. but decrease Of s28l3,
az ~ m imports. The final return for October in
s-eated & favorable trade balance for the United
s.ales OF S6s,747,4s2, and stin better results are
Nehised for November by preliminary reports
ssailabie for three weeks. A new record of irnmi-
teuon was established in October, I,513 aliens
..hing' or ll-5 per cent more than in the same
lin iast year. No further difficulty is anticipated
= meeting payrolls that the mid month settle
s ssas nave been made without serious delay. Holi-
- ~ uade has opened. wholesale houses distributing
es svse 70 dealers throughout the country Bank
-.'shses at New York for the week Ala per
49,, less than in 1906 while other leading cities
Increase amounted TO 2L4 per cent"
Sraostreets' says:
-hile number of cities report that the tone of
s-fs has taken turn for the better. actual busi-
60 60. taxing the country whole. shows an in
,sTSea degree OF quiet both at wholesale and re-
working out of the continued scarcity OF
irsaaey az some points. OF lessening activity in
..ssSHy anc Of the continuance of unseasonably
~, weather, with It's natural effect upon distribu-
- u winter goods. There is evident I'm wholesale
500. circles indispostion TO do business for
f.ae periods. and the large number of cancella-
s,a. resulting from the past unsettlement a
sre,1st OF widespread discussion In some lines,
,uaoy steel and iron and cotton goods. traders
sh,e'ahy have set their faces against encouraging
br movement, and hopeful sign is that some
esNas who stampeded early have since
,ssslosred their action and asked that goods be
fsa'geo IL is also TO be noted that where. in
Va. sahe OF some Western markets. bargain sales
.s1t nelo, a fair attendance Of buyers has been
f,.s etil. buying at wholesale is In high de-
conservative. and the disposition is 10 confne
fss,aasing 10 present wants. AS 20 this latter
thst s however. II might be well tc remember
nay r1e day TO day buying Of 100000 people
aud :. up considerable volume In the aggregate,
Aen conditions reach normal again many pur
h - safher requested cancelled or delayed, may
se.,. and accepted. Retail trade feels the
is,r " tae smaller movement of cereals from the
fsnngs. aha although producers reported more
pioes WIN checks rendered In payment lower
n 10" offered are a drawback TO sales Sales
M at the South also small, a reflection
ur !, Siei'y OF currency well as the ind!sposi
b. 60. eii ~ prices 23 cents below the opening Of
snud tsyh, Cold weather above latimated,
Ssks &c hep.ul in moving retailers surplus