New-York tribune., 1910-07-16
CONDITION OF TRADE
)uns Review says:


| business in all its branches waits On "a.
outcome of the years crops The crop slst
alton as 10 now appears points 70 q elsa-
Weld of corn, PROBABLY IN excess OF t1r5s t1r5ss
thousand million bushels: a reduced ytai
of wheat and cotton still INDEFINITE War
ter wheat has turned OUT weH-ln Iacs
time ago. but there has been some tnJury
10 spring wheat This has caused COUNT
merchants in the Northwest 70 cance- q
ders for fall merchandise until they GdA Q
more confident as to the harvest. FortE-
nately rains have now relieved the sltus.
ton in the drouth region and preNsIilsi
further injury; and IL Is not unuA6ly t1st
in The final outcome the crop damage. as i
Usually the case, will be found 20 have oe9
exaggerated Be thai as II may, hoWeFel
the corn crop will cOunterbdlance redUeef
Weld OF wheat. and if there should II sfl
dition be an adequate cotton crop Inn
would go far toward creating good tFads
nainder of the year. In the mean time ta
leading industries are experiencing soHs
thing more than the customary midsuul7re
dulness, and curtanmenC or Producrion an
price concessions continue. There Is, hezl
ever. an improved demand IN footwear
The hot weather has helped the distrihE
ton of merchandise in some lines and 70
tarded IL in others. Retail trade, as 81
pointed out BY one Of the largest rle-csl
tile houses in the United States. Is muG.
better than wholesale trade, which has
been largely denoralized by the price sin
alton This indicates a fair consunprtQ
of merchandise making for sound condf
is improving and sterling exchange is d.
clining 10 a point making further gold In
ports probable. Railroad earnings II tn
first week OF July gained 7-6 per cent Bari
cIear1nSs outside Of New York show Il
creases of ~ per cent over 1893 and OF 81
per cent over 1896. while in New York ths-
is decrease of 1.5 per cent and an incress
OF 6-2 per cent respectively. Foreign cor
merce at New York in the latest week a.
gregdted SO, 40. go. against 81 5o5 475 in fas
and sz.o42.5S2 in 1903. Imports were IS 81
14S In excess OF exports -'>-
Bradstreet's says:
Quiet still chaTacJerizes most Iiue. .,
trade and industry, with operations Ilniis
Dy FacauonS and summer shutdownS. Ths
nrst or the fall buyers are in the leadirs
markets, pUt their operations are condger
e1 Win caution or conservatism bending
clearer views OF crop outcome Trade as
OF lnat or last year at this period but sx
cept ~here hot weather demands or clear
dnce sales have resulted in broken stOck
shipments or goods are light ~oEsCTions
are generally cldSSed as from fair 20 SLOW
Inele IS ratner more active demand ,s1f
money AT the interior. and rates are drrrr
at most markets. but foreign exchange e
W wsSaeI' afI ana there is more confident taIs /
Ol SoIu I'D ports The tone of the SAcurisss
inarks's is rather better. Clearings 81
exceed wear ago ar most cities add. h
ttoIlai measures of the half wears opeFs
tLoAS are presented in the case OF rbs btfn E
rs rs Cdue, Whlch shows 9 per cent rs5uf 5
tton S In IN expenditures from the same pericG
u LSvS al Identical cities Foreign trsi;
SSa1o up larger for the fiscal year than =
LsoS, result OF record imports and n
creased exports OF nlanuFact1Irs,7 e-o,,rIs ar
stuffs. A-ii' . u -