The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-04-23
EPQ IT. ss10Fa DU n
AND BRADSTREET

Bradstreet New York; had this to
say last Sunday, April II, concerning
trade conditions in the United States
Crop, trade and industrial reports
are rather more cheerful this week.
. This does not apply so much to imme-
date conditions effective in the flu
ture, and as yet it may be said the
Improvement is one of tone or senti-
ment rather than of actual expansion
in demand or distribution.
Indeed, except at a few markets,
there is little apparent expansion to
be chronicled and On basis of bust
ness done the turnover is probably
little different from week ago, with
repression or even disappointment vi
sible in a number of lines. On the
side of favorable happenings may be
placed the tenor of reports received
from the farming districts, except
from few States where winter wheat
damage has been heavy.
There is also less evidence of strain
in the labor situation and the sagging
of prices of number of agricultural
products from high levels of a few
months ago is regarded as ameliorat-
ing the position of business generally
and likely in time to benefit our poor
export trade. Fall buying seems to
await clearer views of crop and price
tendencies. The weather favors out
door activities in a high degree and
hardware, implements, seeds, fertili-
zers and building materials are active.
There is distinctly better tone for
one of the basic industries, iron and
steel, is rather lower and there are
signs of curtailment of output in pig
iron and cokes
Business failures in the United
States for the week ending with April
14th were 2O7, against 24O last week.
POI in the like week of 1909, 261 IN
1908, 1917 in 1907 and 1877 in 1906. Fail
ures in Canada for the week number
ed AZ, which compares with 26 last
week and q in the corresponding
week of 1907.
Wheat Qncluding -FOUR exports
from the United States and Canada
for the week ending April 14th ag-
gregate 1,S36,266 bushels, against l.
III, 0S6 bushels last week, and 1,475,-
sos bussels this week last year. Fol
the Al weeks ending April 14th eX-
ports are 11S,S82,924 bushels, against
148,O52,2O5 in the corresponding pc
riod last year.
| r. G Dunn & Company New York
also last Sunday gave out the fol
lowing in their official report:
| Crop conditions are becoming more
and more vital factor in the business
situation, and it is noteworthy thai
the nearer one gets to the actual pro
ducing centers and the further from
the speculative markets the morS
cheerful are the reports. Even if thu
poor winter wheat outlook is improg
ed by rains, there is a larger acreage
of spring wheat and excellent initia
conditions. If the main crops are
good, the year should be prosperou
one, in spite of political and none
tary complications. The unsettle-
ment in pig iron, where curtailmen
of production is talked of as a means
of bringing a reimbursement of condi
lions, still dlsturbs the Iron and Stee
market. With the output during tn,
last six months exceeding all previous
records, some accumulation of stock
has resulted and prices for some tim
have been in the consumers favor
New low quotations were named b,
the leading Gastric Pipe interest o.
it's inquiries for $4,000 tons of South
ern Iron, while the general weakness
in the market has now extended h
broad In finished lines, sheets, bar
and tin plate, lead in point of activity
with other branches more quiet
There is now a satisfactory trade i
footwear and although some buyer
are still out of the market, the ques
ton of prices is becoming a less dis
turbing element. All varieties of do
nestle hides and calfskins confirm
very strong.
pIIIMRING pERMITS