New-York tribune., 1911-04-08
CONDITION OF TRADE.
,IIu'S Review saws:

Dun RevieW says.
Continued Improvement In wheat crop
conditions due TO the widespread rams -
the most promising feature or the pus.heI'
situation, and this Improvement - ha.ul ria,s
ly accompanied by fall IN gram pgo@d pi1Se9;
The rains, however, have interlered q Socu
deal with retail distribution OF metcha,no a.
disc and this is responsible in part ioi tme
somewhat slower movement OF u.', uou,
which Is revealed In most Oh tne repoi y, tsI al
from the different sections. Fundainen.hii i .hi
conditions are undopOtedly sounoci on"
better than in a long time past, Dut in Iiihiv -,
diate business, Wniie necessarily IdreS M ~
view OF the constant fequlf eInenIs VI on
immense population, shows reduced act',
ity for the time being, because the peflou
Of retrenchment and readJustment - nVs
yet ended. The optimism thdt pie'd.a'
abroad, and especially in England, ls be
ginning to have its effect in THIS country
and must be counted as one OF tne lniio-
ences working for Improvement. Inc az
cumulation of copper continues. Ihere Is
an active demand for wire, but otherwise
the iron and steel market is quleter, WIN a
reduced aggregate OF new ORDERS rePoI.eo
by the largest producer II 5dstysi Is 1aE al sit e
uation that as domestic trade siachens
somewhat, export trade Quickens; Shoes
and hides are quiet, with no speclai chdhse
In recent conditions. Railroad earnings IN
four weeks Of March decreased SO per
cent Failures during the first quarter OF
the year showed a considerable reducuoh
In liabilities as compared with a year ago,
but This reduction was accounted for by
the heavy decreases In New York ana ONO.
Bank csarings this week increased l3 per
cent over 1910 and u per cent over -sJ'
outside Of New York. but in New York
where speculation Is still on small scale
there were declines OF 2:6 and I'D per cent,
respectively. Exports from New 1orh III
the latest week were sl4,l2lVls, oelng an ,naa 10
crease over 1910 Of S3.s64,S3o and over i9v9
Of 81 s72 s33 Imports were H7,ll26l9. being
about the same as in 1909, but s2f1s.N6 less
than last year.
"Bradstrcets" says:
Trade and industry are quiet, disap-
pontinaly SO in most sections. considering
the nearness Of Easter, and collections are
backward, but weather conditions. Whlcn
have been partly responsible for this, have
been, on the whole. beneficial to agricult-
may be said to have pro1ted at the ex,
pense Of the present Rain. snow and
ra th.r widely distributed cold weather were
a bar to retail trade early In the week,
weather had some good effects later. Re-
tail trade. however. has not equalled eX-
pectatons at most large centres. and the
absorption of the farmers in crop prepara-
tlon has dulled country trade. except In
lines catering directly to agricultural pur
cline in most farm products, which are now
25 to 40 per cent. below a year ago. T.
credited at a few points with being re-
tard.ng influence upon trade. On the other
hand, few days Of good weather and the
recent price revsons are credited with
he,ping the cotton goods trade slightly.
Still. the difficulties in tnat situation are
well Illustrated by the statement that some
large printers, who are also manufacturers,
have bought quite freely Of c.oths in. the
open market, where. IL is claimed they have
obtained goods cheaper than they them
selves could produce and sell them at.