New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-07-27
CONDITION OF Trade.


Tt is stiU noteworthy that there IS pracucaut
none Of the customary complaint Of midsummer
duness in commercial or industrial channels On
the contrary, reports from many cities aHnounce
that all the backwardress OF the early season n
light weight fabrics has bean made up- and The
liberal distribution - merchandise is accompanied
hv steady Improvement in mercantile collections
Preparations for fall and winter proceed with EVIL
dent confidence, and lines that usually report ire
euenr cancellations al this season holding their
business nearly intact IN the leading industries
there little idle machinery steel and cotton mills
reporting orders further INTO tire future than otne-
branches and the only menace % more nav records
Of pig iron production IS the interruption 10 O~e
movement by the strike that has reduced ship
rne1ts about two million tons IN three NA7Es Ra--
wav earnings thus far availabIs for July exceed
those ~ 1905 by Qer cent and foreign commerce
g. this port for TIE last week showed gains %
8 o2q 50 in imports and 81 2s A. in exports COM
pared with the same week year ago Little ua-
change vas attained IN prices 81 securities. and
sales continue 70 compare unfavCrably with Ire
voIurrA last year while the average O. the sixty
most active railway stocks IS about SO shars
lower Bank exchanges a. View York we're "a
rsr cent smaller than in the same week last year.
but ~ other leading c'tas there vas gain Of "a
per cent"
''Bradstrest's'' says
High temperatures have stimulated cror Develop
rlent whole. helped rstau trade n light SUM-
ner wear goods ard improved recorder business for
he latter wtth ohos-s all these influences favcrtn
soma growth ~ the feeling that early poor starts
N crops and trade have been largely made u to-
There is about the usual midsummer quiet IN
future trade lines, but fall samples are prepared
low rate excursions begin next month. shipments
of all goods are increasing and collections have i'm
proved various markets Industry exhibits luli
in some lines notably iron ard steel in is crUder
forms though tho immediate effect Of the strike Cc
iron ore miners in Minnesota has been 20 stimulate
temporarily - least, the demand for pig ircn al
markets Lumber Is quiet, especially a. the south.
where production is being curt1ilad and prices are
easier whole. II is significant, however, that.
Of rhe cOurtry's basic tudust-ies-coal-is very
active at the West. With general stocking I'D re-
ported and good quality b,rUmnous coal sells vel
the East. Another industry showing marked &C.
tivity IS that Of JeveIry manufacturing which is
apparently showing sign Of a summer shutdown
The crops above tntimaIed. seem % be doing
we'll. The cold spring has been followed by hot
summer. and much lost time has been rsgatned.
especially in and cotton Al the present writ
ing the outlook IS for heavier yields OF these crops
oats and late yeSatableS-than earlier expected. bCt
wheat estimates do not tend 20 enlarge materially
Bank clezriugs show effects OF summer quiet in
reduced totals as compared with last week, and
aggregates fall below a year ago. although outside
OF New York gains still notable 1As.