New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-09-02
CONDITION OF TRADE.
Bradstreet's saws.

-
Numerous visiting buyers continue 10
be in evidence IN the country's leading
markets, thus making for more or less
activity in house trade, but notwithstand-
ING this, reports tend TO DISPLAY greater
visible at this stage OF the season. The
situation as whole Is characterized by
marked degree Of conservatism. which
mas expression In smal lot purchases
but significantly enough, prompt ship
ments are generally desired. thus indicat-
ms that retail dealers shelves are prob
ably empty. Still buyers, even those IN
crop outlook is exceptionally good, are
exercising n good deal OF caution, this
word appearing more often In the reports
tE ; Tor some time past so far as re ia
tive activity Is concerned, dry goods, NIL
linery. notions groceries and hardware
lead In point of demand. with the spring
Wheat Northwest sending In the best re-
ports. Here cooler weather no doupt
tho crop situation as a better. one. Re-
duced prices on some makes of manufac-
tured cottons have apparently superlh-
duced better demand for these goods,
hut Withdrawals Of discounts on bleached
goods tend 10 Offset the full effects Of gen
eral downward revisions, following the
passing OF the last seasons high raw ma
terial quotations. Trade I'm some lines of
provisions and groceries is hampered by
the higher price levels now prevailing.
Dun's Review says:
A better tone is noted In general trade,
not alone at New York City but at most
jobbing centres OF the West and South.
Cotton goods are in better demand, reyi-
sion Of prices having apparently stimulated
business. Export inquiry for print cloths
is active and the demand at Fall River
shows a marked improvement. In. steel
decreased orders from the railroads are
largely offset by the heavier business In
structural shapes. low stocks make con-
sumers more eager 10 cover fall ana win.
ter requirements at Pittsburgh. and several
furnaces are going into blast because OF
the broader inquiry for pig iron. Large or
Gers are taken for steel bars at Chicago at
terms which show some concessions from
previous quotations. In footwear there Is
greater activity, but the buying is still no
tably conservative, the disposition being TO
cover consumptive requirements only. Do
mestic hides hold firm Harvesting Of
wheat has been largely completed in many
sections and elevators at terminal points
are congested. These conditions somewhat
restrict speculative operations on the grain
markets The cotton market Is moro sus-
ceptible to unsatisfactory crop adyices. the
government estimate on Friday showing a.
deterioration of about 16 per cent IN the
condition OF the plant which is above the
average. Stock market trading In August
exceeded that of any other month This
year. but the heavy liquidation caused
net decline Of fully s. in average railway
prices Bank clearings this week show
gains of "a per cent and | per cent, re-
spectvey, over last year. both at New
York City and cities outside the metropolis;
compared with the corresponding week OF
1909 New York reports a loss of sos per
cent and other leading cities 3 per cent
Railroad earnings for three weeks In Au-
gust are 06 per cent larger than in the
same period of 1910 Merchandise exports
from New York for the latest week
amounted TO sl43590H. as against sl5os5.c34
for the corresponding week last year and
81. 202.72s in 1879, imports were sl6e26.lle,
compared with S1e.iisi6S in 1910 and $lo'ofs'-
17S In 1a0a