New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-06
CONDITIONS OF TRADE.

Trade responds to seasonable weather. distribu
tion OF spring merchandise fully equallins sangun9
orally nom Wholesalers al leading centres Re
ports from principal cities uniformly favorable.
proyement in collections. Demand for lumber and
lates building operations Leading industries are
fully occupied. and strikes Of more than local
significance have materialized thus far. Manufac-
turers busy goods for carly shipment. and
sample business for later seasons promises con
tinued activity Improved traffic conditions make
deliveries more prompt and railway earnings In
last year IolnIneiclai IlilI N ne HIsl quaI
were 3.l35 in number and $3201e,59l in amount Of
inToived was SIS. Siio7 The ratio OF defaued
indebtedness 10 solvent payments through the clear
Quarter Of any Year since this record was begun
in 1879 Current conditions are best Indicated by
The statement for the latest month. and liabilities
preceding month this year the same month OF
any year since lso2. Prices Of GommoditeS eX-
Dun's Index Number on April ! being S107,Ss5.
Terce at this port for the FAST week showed gain
of S63s1o24 in imports and a loss OF $2304,S50
1909. Treasury relief and more gold engagements
abroad brought the lowest money rates Of the year
retarded by the difficulty OF securing loans Bank
t6sn in the same week last year. while at other
leading cities there was an average loss Of per
cent
"Bradstreets" says:
Despite some cross currents in demand. due
to trade and a succeeding spell Of cold wea her,
the developments OF the week have been mainly
favorable. Chief perhaps of these is the final
satisfactory settlement of the Western railway
mems demands by arbitration Concessions by
both sides guarantee that no interruption 10 traf-
nee will occur. This is very important. because
despite strenuous efforts by railway managers and
deliveries of merchandise stu restrictive OF
trade and collections. All reports 70 trade at
wholesale and in jobbng circles I'm the first quarter
in high degree favorable, and failure returns
confirm these IN the smallest number OF casualties
for a generation past. Bank clearings for the
quarter also good, though, owing 10 lessened
securities dealings, aggregates for the entire coun
try slightly smaller than the 1906 record. The
money situation has shown further ease. with 4
favorable influence upon stock market sentiment
reflected in higher quotations for securities hut
diverse views as 10 the permanence OF the ease
expressed banks are getting full rates from
commercial borrowers, and borrowing railways
have had 10 pay high rates 10, place notes. Re-
order books and OF backward deliveries There
is however. slightly manifest disposition
10 move cOnseTvatively regards distant positions
some easing Of metal quotations and softening
Of asking prices for various products. and the
jewelry shoe leather and wool trades note quiet.
pending a clearer view OF later developments.
Wheat crop reports have appearance OF irregu-
aritv due the reported spread Of insect damage
ia the southwest and adyices OF winter killing In
the central west. Stll the reports from the great
surplus states west OF the Mississippi are very
good, having been improved by rain. Frosts have
hurt fruit and vegetable crops, but, while
checking growth. do not appear 10 have damaged
the exceptionally well advanced cotton crop.