New-York tribune., 1911-11-11
CONDITION OF TRADE.
"Bradstreet's' says:


Changes i'm trade currents are not espe-
cially marked. the turnover. on the Whole
save principally at the South, being or
fair to good substantial character, not for
stocking up purposes entirely. but rather
for near future distribution. But what is
probably more significant. Sentimen:.
financial and commercial. the latter per-
haps TO a lesser extent than the FORMER.
has become undenably better This de-
vclopment can be traced 20 the improves
tenor of things I'm the stock market 10 the
recognition of the plain TACT that stocs
i'm most lines Of merchandise are very Ilghi'
that abstention from normal buying can
hardly continue indefinitely. that business
is much better than II was at TINS tins
last year and because IL is apparent that re-
modelling of so-called trusts VIII NOT ~o.h
the severe hardships anticipated mere,
fore there is rather less pessimsm an
around As regards actual distribution VI
trade channels. the returns indicate tnat
retail trade is fair to good except p,,, IN & tns
cial demand being noted for women wear
and seasonable furnishings. NJ the sans
time holiday demands are attracting more
attention, and the outlook FOR tne hne,
uarticularIy in the industrial sections. ~
better than IL was q short while ago. Jop.
bers report a fairly good filling In pusness.
which they think Will display rauIe.
steady gait throughout the winter, thanh
10 light retailers stocks and the sparlns
way in which purchases have been maze
''Dun's Review" says
Records OF both bank clesrngs and rail-
road earnings reflect the recent conserHa'
tive expansion I'm trade activity due 10
more spirited buying 10 replenish stocks
that became depleted through long hesl.
tancy. Bank exchanges this week increased
lI3 per cent outside New York and IS per
cent in New York. and railroad earnings
gained 80 per cent during OctoDsl De
ferred purchases by railroads are becoming
prominent. and IN addition 10 recent large
orders for rails and furthes business IN
railroad supplies there is better cutioyn
for structural materials I'm the dryg9oas
trade while there is little disposition 70 U,
largely for the future. there is continneh
satisfactory business I'm the supply or cur
rent requirements and there Is noSoe
increase of activity in print CLOTHS. Latsra
sales occur IN woollens ana WoIsle1s tnq" i
last year. and advices from the leading n. cn
les indicate a generally improved teAthe
eituation The seasonable weather ana lhe
apuroach OF the holidays impart urlshel
appearance 10 retail trade. Leatner u ~
active but there have been heavy safes ..
hides with firm prices The goNernhenss
ginning report again makes an unsurpssssv
record clearly rejecting remarSaple se
heavy rains have made excellent preparss..
ton for winter wheat. The latest hsu,.s hsss
for copper show an increase o. "Se, Ie,W
rounds I'm consumption durlng ossooo,,ce ~ ~
with a decrease NJ STOCKS gn.,.
pounds There is Improvement IN tne hbaru
cial situation ct home, while forelgh co.h ~.
tions have been materially helped py u
agreement in the Moroccan dispute, tnolssns
the Tripoli and Chinese complications s,s5
remain The situation both in Europs shs
the United states only needs thar stTensu, 80,
euing OF confidence which opens gIe's
stores OF capital to big UNDERTAKINGS
bring about q notable advance movemnens nas
The timidty born Of uncertainty nas 80 80
the chief underlying cause OF me ran,srt re.sIert
business enterprise. Every developn,se,.
maj removes one of the causes Oh US.
tsintv therefore makes for increased
tiyitv. Foreign commerce at New YORK au.
ing the most recent week atncun.eN and
s31 lo; Gil against SSJ1S2.65I last yesIi, n
t2s 4q5 3S5 in 1909. the increase rs WhoE =,
imports. which show a gain 81 nearp 90
oAn o0O over last wear