New-York tribune., 1911-01-28

-, This has contributed notaoIy 20
,oslce1 ~ ~ confidence, wltnouI winch &C
Re grossrnrise is Impossible. Inc Iarser
usssy in iron ana 5Tegl 5nSnstTies is the better
s,tent os Atbited in the financial markets
seellng. increased confidence resulting
snd tne are the three most lmportaht
thsfsll.',,1snts Of the Week ne sue n, "a
.neng On ,..S-a mar with heavy subScrip-
a pfices I-a6 favorable effect upon
cons naS continent and imparts added
Snsncnl 60 fhe investment situation, Whlle
sueneu-tire down OF the Bank or Eng lahI
the ma ~ 1er cent Is a development or
zte 20 The betterment in iron is chiehy
rrOInlSei go products. tnplate, wire and
y nn.s.-ai materials, the pig IRON sltuau9h
sract--- little or no change. Inc urysoous
shoNho, ,s also exhibiting more encouraging
rs,ket - - various lines and the outlook is
sspects -e @ favorable. in spite OF the DIM
,sus MCf adjusting prices TO the cost OF
esiues..,o There appears a broadening
prVSSe.cv In wool. Wnle the demand LOT
isnaell..O and hides has also improved. 1t Is
lesihe. .ia +b9t these better reports come
norcssoo' o,s locality. but from most OF the
f7cni. ~ trade centres. While these I'M
lesdI..s in the business situation DO not
ps..r the fact that the volume or trade Is
sfd .S-~ch below the average productive
ST. q Vet the indications Of recovery
esps. ,te recent contraction are very vel
fronl "a eucouragiuC. The winter wheat
csI.ss,cfs show oetterment ana the grain
posket tsnds downward Railroad earn
rSlAsr Two weeks Of January gained as
rs tsrf Bank clearings outside New
r., crow a loss Of 36 per cent as com
ItC-.ss with 1910 but a gain OF lS.3 as com
psIss v-ffh 1913 In New York there was
v...,-e OF B.6 per cent. as compared with
hs7,srS gain Of % per cent as compared
- 3io64 Foreign commerce at the port
- vsw York in the latest week tOtalled
hxs6 against S2eS55.3lS in 1910 and 81
rTfN N~rnr ffsad
SS-ts BY $50 ~
pradstreet's SAYS
--sse as a whole is quiet 20 duh and
,,,5s 10 DRAG. except as in the case of
'x..ni,ss for the agricultural interests
s~ts-e s1ring requirements must be met
~ SLED Relatively most activity is
So In fertilizers. implements fence
sirs seeds and kindred lines. Cnseason-
-, mild weather throughout the country
q tended 20 duh retail trade despite
Isss-snce sales. and many markets report
he weeks operations in this line below
49, e9rlv srring buyers are IN evidence
sSsrc trade has ruled quiet. though there
/. an Increasing disposition 70 thrown of
,hs slow feeling that has ruled since the
ogsning Of ne year. COTTON goods lead IN
sstivity In this direction. In wholesale lines
rsrarsllr however. conservatism rules
ssg-cbases for spring and further distant
.osirions Demand where evoked is an
,arently the result OF inducements offered
S,~srs and lines Of goods showing con-
ssssiors are more active than are the regu-
i,r lines Of staples. on which former prices
~. Nrrnly held In industry aside from
silrhflv more cheerful feeling in iron and
,.tsI rartlv caused by the allotment of
,ysvio',slv engaged orders for rails and ex-
II-nsion In demand for wire and tinplates.
s5-,iet still prevails Trade in wire products
Ia EXPANDED helped by the seasOnable ad-
ysr, OF spring demand and the frnness Of
,,ciucers In advancing quotations