New-York tribune., 1911-12-30
MINING.
CONDITION OF TRADE.
"Dun's Review" says:

pun s REVIEW says
The year closes with something approach
ing buoyancy in some leading departments Is
Of trade. II Is the season When Wnolcsdie
trade shrinks-the time OF the yearly rest,
Ing spell-and these markets arc as USUAL
quiet, but active preparations are IN pros
ress for the new year. OF significance, as
to the betterment in iron and steel, the
usual cessation of mill activity has not oc-
CURED in the holiday season, and addl-
tional capacity is being provided for. AM
nation characteriZes the Southern pig iron
market, contracts for the first half Of the
new year being freely placed and offers OF
later business at current quotations are not
entertained. Manufacturers In all sections
Of the country arc generally well employed
and the high level of wages Is maintained
this is particularly true as 70 manutactur-
ers of Wollens in New England: Inc de-
mand for wool is active. The hide markets
are seasondbly quiet and some concessions
are noted in quotations; sharp declines oc-
CURED at Paris auction sales Leather IS
In moderate request only ana Whlle shoG
manufacturers are fairly well employer
new business is light, as usual III the CLOS
ing week of the year Conditions at the
South tend 10 check trade temporarily, Dut
when existing obstacles are removed there
should be an unusual squirt OF activity. Inc
noteworthy feature Is the exceptional move
ment in exports, which for the latest week
at New York exceed s2220.0oc more than
40 per cent higher than year ago ana
double the exports of TN" corresponding
week III lfV'. / ne lttltdSf - lii 7SiS "
manufactures and emphasizes the remark
able record of the year. Imports for the
latest week at New York were Sl6,3SONOO.
practically the same as year ago. Rail-
road gross earnings for the three weeks Of
December show gain Of SO per cent.
"Bradstreets" says:
In wholesale and jobbing lines trade is
very quiet and Misunderstanding receives
most attention, while clearance sales
earlier than usual. by the way-are the
noteworthy features of retail trade. StllI
cold weather has impaired some zest to the
distribution of seasOnablc goods. Results
regarding holiday trade are on the whole
satisfactory, but some centres. particularly
country towns, express disappointment over
the outcome. However, the year ends
with more optimistic feeling prevailing
in most lines. The winter wheat crop has
been benefited by heavy snOwfallS west
of the Mississippi River, and the soil Is
undoubtedly i'm better shape than it was at
this time in the last three years, both as
regards snow covering and moisture sup
ply. incidentally the rubber goods trade
has been helped by the weather condi-
tions. the cold wave having visited prac-
tically the entire country. Spring buying
has not developed to any extent as yet
though cotton goods continue TO display an
upward tendency. and ii is quite evident
that there has been "A good deal of quiet
buying Of several kinds IF these goods. In
fact. the whole textile trade appears to
have gained ground. which promises to be
extended after the turn of the new year
The situation in the iron and steel trade
continues TO improve. Money IS iirmer
hut demand Is not especially marked. Col
lcctions run from fair TO slow.