New-York tribune., 1907-08-03
CONDITION OF TRADE.

''T0-r's Review says
--,5s -e7o~-s from the leading cities are singu-
,.-11 Uniform IN making favorable comparisons
-Ib ne corresponding week in any previous year
A. most Western and Southern points the improve
- n r-oD prospects has brought out liberal fan
--ssrs and there Is evidently more confidence in
-. <y-rre than any time since Il was found
+Ss- man = the principal farm products had
made bad start JobbinE houses are preparing
e. Vir-7~ trade On a scale seldom eQualled, the
consumption Of seasorable goods promising 20 de-
20 stocks most satisfactorily. Manufacturers
efi1 receive orders abundance. few clothing can
relations appear. and i is the exception when
-fa7rs have smaller contracts than 2 year ago
More detailed reports for the first half Of 1907 add
n the earlier testimony that all records for SIX
-nor-he were far surpassed Commercial failures
n July were about the same in number as last
1-ear IN "A few very large concerns provided an
inc-eaza - $ 1856 in amount Of defaulted in
deHrearess. Much # this rise in liabilities was
5ra -a 2 few speculative real estate and building
o-e-ari7rz that could net withstand the pressure
Of The money market Railway earnings IN JLiy
wee sa le- cent larger than year ago, and Tor
e!eu commerce at this port for The last week n
creased S2ct-al4 IS 10 exports and S-o44U-4 as 10
--,--s II, oy-0a-ison with the same week IN 1905.
Man. 5t-arnoiatrzents 70 expected increases IN
dividends together with the resumption or goa eN
ports and q tight money market, produced fatI
in re average of the sixty most acnNe
al-Ea-ch there MS little public interest, ana trad
frg vas confined 10 The few properties that have
her- -ha feature in recent weeks. Bank exchanges
a. Nov York fg- tre week were I2.2 per cent less
thai -as- year while other leading cities there
~ 2 gain Il 9 o Per cent This weeks figures
sec-res and there Is also one day less OF monthly
settlements than IL lel-
'.Es--Estreet's'' says:
crops. particularly corn and cotton. have shown
f-te Improvement. there IS freer buying for IAN
Il re-55uE Southwestern markets, shipments OF
faH goods are expanding. and there is evident a
:rara optimistic feeling u cistTibutiVe trade gen
era-s based upon TIE active trade done Of late az
Ietal,. Relatively most activity Is noted IN the
la--er Soutl. western markets at q Few central
western centres and IT the larger Eastern cities
Al tae South midsummer quiet rules. except AZ
;rf-r---rn- intervals = some lines Of wholesale
trade such IS cotton 6;EgooGs. the activity mani
fes-az is SIN notable considering the long spell
g preceding huoyanr buying. but other lines dis
nav more quiet IN iron and steel, while pro-
ductiCn Is Of record proportions and orders ahead
ar heavy. new buying Of both crude and Hs-5rtd
products IS less active than g year ago a. 1Al5
tine with price concessions more readily OBTAIN
able SrecuIetton IN securities has q bearish tone,
rejecting st:1euirg money rates and predictions OF
more stringent conditions later on, when fail trade
activities expaud. Bank c.earings for this week
are be- nd 2 year ago, bat for July they exceed
lasl wear largely because rejecting receipt Of de-
lave6 collections II leading interior markets July
failure We're irregular, rejecting ie" -all-
u-es. but large liabilities