New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-05-21
CONDITION OF TRADE.
Oun's Review says:

The trade movement. taking the country
as a whole, continues large Measured ~
81 per cent heavier than in 1903 and 80
per cent heavier than in 1906, outside New
York. in which city speculative depression
the movement in the first week OF May
was u-5 per cent greater than last year
Moreover the business Situano1 - Glspi4 fSS
grain and cotton accompany better weather
for the growing crops, and this IS an I'M
portant gain. There Is an Improvement 10
Be noted In the iron and steel market the
curtailment in pig iron production hayinS
produced better conditions. while there IS q
somewhat wider demand for finished steel
for prompt delivery, indicating that con-
sumers are not overloaded with material
Similar curtailment Of production IN cotton
goods makes for some betterment In de-
mand The wool market. however, is very
quiet, and the shoe trade suffers from a
lack Of new buying power That there IS
I'm all the marketsHand particularly IS this
the case In the security market-rnuch dis
appointment that the extrayagant expecta-
being fulfilled IS beyond question; and this
feeling results in a very conservative att1-
tude on the part Of both traders and con-
srmers There is a feeling among some
that conditions tnseparable from a period
of worldwide political and economic transit
ton may be forcing some important read
1ustments, and the disposition IS 10 wait
for developments. This feeling may be as
unreasoning as the fear OF the comet. but
1t nevertheless has it's influence Mean
time at least, the drift Of things should
noticeably be toward Improvement. as the
weather becomes more settled. the period
of active legislation IS approaching nearer
TO a close. and the crops are growing.
these making for q new dividend Of wealth
for the nation. Total foreign commerce at
the Port OF New York in the latest week
was s2S 1875 go or s2.046.11S less than last
year. but sso24 900 greater than IN 1903.
Bradstreers says:
Trade and crop reports show moro vari-
ance this week. Weather conditions have
been more seasonaSle, and there Is a more
cheerful tinge to crop reports In conse-
uuence, with some significant recessions in
prices Of farm products. On the other
hand, trade reports, except IN the North
west and the North Pacific Coast. are
of little gain In activity. and indeed IN
some lines. such as textile manufacturing.
quiet or further curtailment is still the
subject Of discussion It is probably true,
weather Improvement came too late in the
week to be adequately reflected IN the pres
ent weeks reports This was to be expect
ed in the agricultural districts, where the
repIanting or in cultivation of crops already
up. At the larger Industrial centres. par
ticularIy Of the East, improvement Is not
as yet manifest. whereas the quieter tone
curtailment of operations point TO other
causes than backward weather having been
operative in holding back demand. Some
lines of industry, IL Is true. are still active.
trades, with the hardware and other kim
dred lines. There Is still evidence, however.
that anucipations as to spring trade were
keyed too high. that retail merchants have
not disposed Of spring stocks to the extent
hoped for, that illing-in orders have been
smaller than expected, and that the COM
modify price situation generally is and has
been a bar TO fullest activity In distrfbu-
tive trade