New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-10-07
CONDITION OF TRAnv
Dun 8 Revisw" ssr..


In spite Of war. industrial dispu,..
other influences tending to impair 60, atd
and retard enterprise. the vS..--'nosors
trade continues large. although stin
producing capacity. and the -aoer, - aecs
Improvement IL maintained. The ossalsse1s
Increased bank clearings aud az -Nr
business failures are clearly indiescle1
This Bank clearings. which du-inss
TENDER gained 100 per cent over cp-
ago, showed during this week y,,sr
IT per cent outside New York snSs
New York over 1910. although ii s.Na
per cent. respectively. below lSs Pa1 Pc ~
earnings during three weeks q sen1e..'e3a
gained IL per cent over asst ves- .se-
best feature Of the business situaflor ~
tinues 70 be the export trade. -
shown not only IN the statistics ~ 80.
commerce. but appears also IL the 80
Of specific trades. In iron and steei -DSN
withstsndinR the recent confused A.. 80
conditions. there Is notable incraas.'., q
export business, including a isrEs cor.s :
for merchant pipe. in cotton goods 49,
expanding export demand Is reported -
the whole trade seems 70 be vorkinr -
a better situation. with the chsapsn,,s ~ .
the cost OF the staple and as a rss,-s
the depleted stocks. although there IL =
indication Of any inclination toward 80
lative anticipation OF possible fufure -.
Raw cotton has recorded A furfh.-
cline; the recent ginning report sho,.~.
remarkably early maturity and narys,,t
~ fhe crOp shoes are moving o,.i..S
with a small but steady improvement, ~;
leather and hides are firmly held Ws,,s..
conditions I'm some sections Checked !.
tail distribution, out the reports fror- =.
principal trade centres are Cheerful 49,
Indicative OF some Improvement over Il.
CORRESPONDING period last year In s.o...
sections considerable activity Is rsuo--
I'M new building; and In the structural n
vision OF the steel trade numerous orSs.,
have been placed fOr bridge and 60,
structural material. The activity N =.
export trade ls confirmed BY the Eaii,,,s,
OF foreign commerce az the PORT o, Es-
York during the latest week With to-,
movement In and out. Of 81 0el. ia axsi-,
go b54. IA in 1910 and s23, SO, s55 81 let .,
ports gained -, 147. zoe over 1910 and 4 SgEs
over 1863. and Imports gained S.S1 70 al
81. 702. 2s7, respectively.
Bradstreet's says:
Though a relatively liberal volun, :,
road sales came out this week. the crc,.''
bilities are that trade az r. whole hax !.
coded q little from last week. This Ia.
dency rs perhaps due 70 the fact that d..
ers. having covered their urgent rsQul..
nents, have again become cautious shos
future coumi tments. In other words. tsss
seem 20 prefer 70 let demand catch I'd W,
their stocks before again entering the nzs.
kets Thus stocks are held within oolrsk
and when orders do come forth they q,
usually accompanied by demands IA,
prompt shipment However, the dev.is..
nents OF the week show that staple ar:c,
continue IN comparatively good demand 4.
lowances being made for the FAC, IA,
losses have occurred IN some secto,I
while gains have been made In others 4,
II is. satisfactory orders are noted for nor
lines OF drygoods, shoes, clothing. as't
ware. groceries and kindred lines, thogn
purchases OF cotton goods are being mad,
along conservative lines primarily 0eczcs
Of the recessions n raw cotton prices. n.
cidentally. some business is being done Q.
carly holiday account in such lines "a %
lions, toys and CONNECTIONS. Leather
firmer, while hides are higher and Ear
eru shoe manufacturers report encourage
orders from Western buyers while Weg
ern trade In the latter has been helped ,
wet weather Exports OF cereals, peftic5
larry from the Pacific Coast, are er.l
heavy.