New-York tribune., 1910-02-19
CONDITION OF TRADE.
B-adstreet's says:

Trade reports to Bradstreet's ars ratn.-
more cheerful. Visible evidence OF e.
pansion in joobing trade. IN consonanea
with the advance of the season, are fouEd
in the reports that the large numbers -.
buyers in leading markets. especially ;,
the West. Southwest Sn1 parts u IN.
though even I'm the markets OF the Sn,.-5
west, whence best reports come, Ihers a..
evidences of conservatism, basel .Ia~zslv
on the high prices asked for goods J6S
bing trade al the East IS slower % -.
UP but there is certainly more d0iny =,
jobbing at New York. while primary dssI-
ings are still classed as quiet InqIirr -
Bradstreet's at leading markets Saiis -
substantiate the exaggerated TepOrts -
cancellations noted for some tine nass
and there are few signs of the widely rsss
aided reaction in distributive LraiIs W.
points report no cancellations to speak ~
several cities report counteTmands n
greater than normal and only very tsx
report that In few lines, notably cloth
ing has there been any special effect eY
ercised- Nor does inquiry into the wids
spread reports OF damage 70 winter vhass
which have induced advances Of Io, 3 cents
a bushel in speculative circles, reveal roueb
that is definitely unfavOra ole. In ffs
Southwest, particularly Kansas and Mis-
souri, there are reports that wheat on low
lying ground has been killed, but. on hi.
other hand. reports from Texas are tFat
the wheat crop is the best in years with
gogd snow covering and soil in dne snaps
Dun's Review says:
Financial conditions are much improved
the liQuida ton and decline in the sect1ririss
market having been checked. while the sir-
uation as regards the supply OF credit IS
distinctly better. There IS less Speculative
activity and a disposition 70 wait for far-'
ther Developments 70 Indicate more clear
Iy the direction of the markets. This serves
to strengthen business confidence The af-
feet of the recent financial disturbances
upon various industries ard trades Is much
less than perhaps might have been expect
ed; indeed, the business activity and pros
poets are better this week than last as s
clearly indicated by the more optinisric
reports from the iron and the drvaoods
trades and from the adyices from the lead
ing distributing centres. That the distribu-
ton of products continues heavy is mada
manifest by the increase of 1916 per cent IN
railroad earnings in the first week Of Feb
ruary. The bank exchanges maintain A
notable rate Of gain, the increase outside
OF New York City being l49 per cent over
1909 and 25.6 per cent over 1895, while In
New York there is a gain OF 304 per cent
over 1909 and a decrease Of 0-5 per cenr
from 1905. The foreign trade statistics age
remarkable in the continued showing they
make of a diminishing balance OF r1er-
chandise exports II is a hopeful sign.
however, that the thoughts OF men OF af-
fairs are more and more being directed
10 the significance OF all these facts Do
rnestic consumption is growing more rapid
Iv than domestic production OF primary
products so that the need OF improved
methods OF agriculture is being recognized
The January foreign commerce staten1su-
was specially unfavorable, and ar Ser
York during the latest week the imports
were 81 33557 10 or g. 699 in excess OF the
exports and 81 285, ,733 greater than the In
ports in 1873 and s6.G19,299 greater taan In
1ll8