New-York tribune., 1909-09-18
CONDITION OF TRADE.
Dunn's Keview says:

In spite of prevailing high prices which ~. some
lines work for curtailment OF operations the vol
Of last year but is even approXimatinS the rec
expansion in iron and steel in which the position
of producer and consumer has changed. the lattice
now displaying of tho eagerness to close con
tracts at prevailing rates. The sales of steel rails
the heaviest In two years, while there has been
Der of idle Although the condition Of corn
that II is the basis Of constantly widening bust
in the universal reports of increasing trade
activity that come from the leading Industrial
II per cent greater than in 1905 and 1906 outside of
is S31 per cent and over 1895 is ~ per cent. How
the big gold production Is responsible for cur
mine. but the fact that the Rand output thus far
this year rs S0VD ounces IN excess OF inc CORE
spending period in 1893 an indeed. greater than
in preceding years is significant n part of The pre-
the uncertainties springing out OF the mortal ILL
H necohe 1ae b dancin,, Steel trade and tn the inn
proving railroad earnings, which for the first week
of September 1913 per cent better than in
goods much business is stil doing. although the
active jobbing season is passing In the shoe trade
opinion regarding prices Copper makes a less
during August production exceeded the demand.
with a resulting increase in the surplus stock.
York show an increase in imports and falling
off In exports. the total commerce for the latest
under 1908 and $.2i2'o7S under 1907.
Bradstreet's says;
a distinctly stronger undertone rs displayed in
This weeks telegTaphcd trade reports. Improve
ment in wholesale and iobbing demand, enlarge
ment of industrial output and perceptibe gains i'm
collections are the central facts this week so
widespread are the adVces of this character. in
deed that except in the of a few Southern
cities these reports find little dissent Salts
factory progress. too. appears to be making In
agricultural matters. with the exception of cotton
Early corn has about passed of danger of frost
and present warm weather gives hope of saving
the entire crop free OF damage The movement OF
crops and general merchandise is charging and
this week finds widely noted the reports that man
ufacturers of many lines are behind on deliveries
and that the idle car list is stil decreasing largely
Indeed two leading systems reported to have
announced that the end of this week would find
an their available good conditioned cars i'm service
There are, OF course. some shadows in the general
ncture due mainly, however, 10 early authorizations
~ crOD outturn of business turnover havina.
been keyed too high. There are to be no bumper
crops for thing, but reports of deterioration
should have prepared the country for this Cotton
is claimed 10 be short crop. and the price indi-
Gates this. though the rapid movement TO market
of what is universally reported to be q reduced
Yield hardly harmonzes herewith. At some cities
disappointment Is expressed at the proportions of
wholesale and iobhing demand. though at the Same
time admission is made OF the fact that 1908 and
, 1907 aggregates are being heavily exceeded.