New-York tribune., 1910-11-26
CONDITION OF TRADE.
BradSueet's says


Demand for holiday goods is becoming
more prominent and developments IN TINS
respect are responsible for whatever eS-
uansion mas occurred in trade this week
Novelties jewelTy and such articles as are
atrropriate TO the season are IN gooQ re
Guest and the consensus of reports indi-
Gates that trade is in excess of last year s;
But. on the other hand, trade IN general
has become more irregular Ihus reorGer-
Ing from jobberS tends 10 Wane as tfle sea-
son for inVentorying approaches, ana con-
servatisrn still acts as a check rem on pur-
chasing for spring account Moreover, re
tai trade reports seem 10 nave iost ooiLio
Of the relative activity displayed last Week
For instance, the South as a whole reports
q certain degree OF betterment que prop
;3nlz- 10 lie good movement Of cotton at
high prices, while warm weather hampers
distg-brfion of seasonable merchandise in
the Southwest. but in the Northwest trade
= quite active. save III North Dakota.
where the crops Were short. In the Cen
traI West trade shows slight increase,
hut in the East the turnover IS dlsappolhl-
las. toascrH atism in ordering for future
delivery Is visible in most sections. and re-
1aa trade in the far Northwest Is hafdly
up to fkQectaticnS- on the Pacific Coast,
however. trade Is good
Dun's Review SAYS:
Business moves along lines OF safety, the
absence OF speculation making the situ-
atlou appear duller than il actually Is. The
NO4dIHe Of transactions, although by no
ll.aus large as il might be il expanded
u ,uIl speed limits. is nevertheless sufii-
eientIy la,--e to keep the great body OF
Avgrk;!sen occupied. so that the average
OF rrosDcI:.y i fair. That the mass Of the
people A'ill have spending power ls evil
denceI hs the hopeful antlcipation- con-
cerT2.ug The holiday trade now opening.
There u StiIl. as for some time past,
wide difference of conditions il the
riol-s sections and the various trades, some
being more active than Others, and this
makes tla situation appear somewhat
mixed The iroa and steel trade still lacks
the stimulus Of large railroad buying and
continues very quiet, while the railroads.
aiILogs1l. reporting fair degree of gross
earnings, t:tciT gain for the first two weeks
of November being l-3 per cent, are still
waiting for = definite declaration of gov
trt1mental policy 20 rates The diStrl-
fu-iou Of DRY goods y steady, especially in
Western and Southern centres Copper
r1ro6rcfiOn IS increasing, but 50 is copper
f,sss.SufnftlCE- The open weather ls favor
able for building operations in some OF the
sections Tho wheat and cotton markets
have been unsettled by the uncertain state
Of the Argentine wheat crop and cur own
Government ginning report. Bank clearfnSS
this week show gains Of 81 per cent over
7eg4 and 137 over 1886 outside New York,
and decreases Of 10-9 from 1909 and az from
1edS IN Kew York. The financial markets
arc very ouiet and under conservative in
ftlenceS Foreign commerce al New York
during The latest week AGGREGATED so, as
242 a compared with So $50 go in 1909 and
500 9I5G7S in 1858. Exports We're g 5.e97
greater than the imports, whereas in the
Two previous wears there was 2 large ex-
cess Of imports.