New-York tribune., 1909-12-04
CONDITION OF TRADE.
= Fradsfrref-s savs.

EradStreets = saws.
Trade reports show rather more ir-.
uIarity. varying with sections renor,,.s
In seasOnable retail lines there IS
newaI Of the complaint OF warm 0ea.h.-
affecting sales Of wearing apparel. vsT.
bad roaes in parts Of the central .,va..
and the switchmen's strike in the Norm.
west causing shutdOwns in INDUSTRY sas
interfering with the movement or -
20 market ana Of goods 70 the country
are responsible for quieter trade ana - -
terruption 10 normal every dav activifiss .
In purely holiday trade rather more 60
ity - noted. JODDtng trade is good fur -
advanced Stage OF the SEASON and deii,,.a.s -
les on spring orders are good ~ ~
dustrial lines there are few signs =,
siackening. aside from Instances ah0ve -
before noted The switchmeu's striEe II
the Northwest and the strikes ~ ssi-.A
waist makers az some Eastern cities -.
the only important labor frurl1lae ~r.s-.''
There is some fear however fnaf -
sWltcnmenS strike. which is FOR hiaE--
WAGES, ana Wnlcn IS now confined % ~
railroads running from Minnesota Ia -
north Pacinc Coast. may extend eaeryvs--'
In tire iron and steel trade there T. 80
for finished lines Of steel folIOwins 80
lesseued ACTIVITY in pig iron. our -
ductiOn ana shipments are very Is-,.-
close 70 record. ia fact
Dun's Review says.
II was hardly % be expected thar ~.
Industrial and trade revival would ccr,,.,s ,-s
all the time at the recent hign rsre :,
speed some slowing Up. II only f0- :
breathing spell, was natural. ana rn5. a.
Darently IL what is occurring alfH1,,,,, Z.
makes no material impression uno1 - -
great volume OF transactions The rIrsss
son1oie weather. th- approach 0f th.
ments and taking Of stock incident 10 -
ending OF the year are in c1nsideraba
part responsible for the slightly more nu,s-
aspect OF business. The railroad sr-f,-. e. e
the Northwest II an unpleasant CeT,eia--
ment. and IT'S immediate effects are chi.iv
felt IN the Hour trade. tld0ubradf,- ~.
action OF the House OF Lords IN raie~+i--
the British budget Isl the most iunorrsr-
event or the week and lr may have a.
reaching consequence. out ir would - 49,
hcult % trace any immediate effect upOa
the situation here OF more uraaa~r -..-
cern TO our market IS The opening of Con-
gress next week with the inevitable aa-ira-
tiOn OF economic and financial gras- ~
The money situation Is much improved -
home and abroad, and should be even -
ter after the first OF the wear Tha i-o,
and steel trade. IN spite OF some sioutr.-
up IN rate OF progress. Isl immensely ur1s-
porous. with the prospect Of a record
breaking year IN 1910. The dryE00ts trad.
II quieter. but holding firm. while the rs.
ports or the retail holiday trade are gen
orally excellent The railroads. with rhai-
rolling stock and terminals fully erlnI0ved
continue 10 report increased earnings fhs
rate OF gain for three weeks ~ N0vsr-
Der being ll9 per cent over 1ss and ~
per cent over l0l- Bank clearings are Z :
per cent better than in 1gos and AZ pa-
cent better than in 1906 outside Of New
York. and IN that city a. per cent and r >
per cent greater. respectively The No
vember failure record shows a marked IN
provement in conditions. and the statistics
Tor the year viii probably show a n ne-
cent gain over the depressed period ~ 14E
Foreign commerce continues TO be haayv
the record for the port of New TOrk FL
the latest week aGgregariug 81 Ar IT an
increase Of Sl0.545. s59 over 1875 and cag
81 over 1897 The gain was chiefly in IN
ports. which IN the latest week exceeded
the exports by s.. sol. .135.