New-York tribune., 1910-06-25
CONDITION OF. TRADE.
Dun's Review says

business confidence gains III strength as
crop prospects improve and Congress en-
acts IFS important bills preparatory 10 aI aI-
journTnent. AS is natural at IhlS ~ ~seaSoA
- +he wear the weather plays an impor-
-s-t mart IN the markets. Ram IN tile
spring wheat territory has pahlSheo lIS
fears OF drouth and connrlnea the eAce5- a5
lent outlook for a good harvest. The ad-
vent of heat over a large section or the
country has greatly stimulated reJali traue, 1
nearly I'll of the important trade centres
Ir;1o -e7,or+s 70 that effect. In the dry
goods markets, next TO reductions III prices
az cottons the important deVeio pIneht OF
the week is the increase OF optlunstiC sen sen
timent and this In spite or Voinne OF
+rade below normal and the curtallment OF
production in both ccttons and WooIIens'
The iron and steel trade is pTactlcaiy ui.-
cbenged with stocks Of pig iron accumu-
IstfTe on the one hand and some signs OF
increasing demand for steel proaucIs on on
the other. The financial mar AeLs IsLliti ~ !. l.
yerv quiet although looking conslderapIy
hotter Railroads, in spite OF the recent
concession in deferring action on the pro
posed general advance IN dlS Irelgn.s' =, a. az
HTIes+I1y encouraged by their success IN IN
65ucing the Chicago packing shippers 70
esTse TO an advance in their rates. An I'M
Srtsut trunk railroad has succeeded IN
HTarI[eTiney M a large amount OF equipment
lit., me- t15ra+es - Money conditions are easy,
notably in London, the world 5 chlef money
market. Owing TO speculative duIneSs sSs
I1slIa DanA % ner cent under last year, and SO
Ter cent less than III 1896. but outside OF
nya--, work there were gains OF I'll per cent
III - new cent respectively. The foreign
s,a an - Eei+f,atfor IS further improved. and at
S5ays1 work in the latest week the exports
-,-era x15. .6q3. .972, large gain over the two
nrece6ing years, and only S79,9S5 less than
the imports.
Bradstreet's says:
Retail trade and most crop reports are,
- hole better this week. the result
or - - ~ 4be arrival of long delayed sea-
sld@ -sir HE summer weather. Aiding the i'm
17rntrer9ent in retail trade, which at best,
PbaJ,,aver I is not up to expectations. has been
H. offering of concessions In many lines OF
- SSt-1-eror5s and wearing apparel exceptions
- - tji7a jT1urovemeut are IN the Northwest,
ot,sre ~ t,e critical state OF the spring wheat
W. othzr crops. due 10 drouth, Is noted.
5 a. also at many Southern points, where
.d,sti a. trade il still quiet. There has been
i9..i mere confidence In ordering from JOB
AttS - vVboIesalers for fall based upon
Pc Pc ta~ar,1roved reports from the corn, cotton.
w apd winter wheat crops, but in the
- - - ,---,sx+ there is a disposition to await
ISoI IStr - .,{ew of the crop outlook before
Clsa 80 m the already fairly good business
aoliIad sooi+ad for fall ia drygoods and clothing
o.o...es-rrnsffon OF the theory tnat there Is
= s,s,-T for goods at price is found IN the
oei.I- satisfactory response IN the way of
taiii sSse ~ tile, general reductions noted by
q q - 80 -TY,rsrs of bleached cottoas and gray
ma iIls - tS,is week In Industrial lines there
= Jt,9te Srridence Of improvement yet TO be
see1-