New-York tribune., 1911-03-25
CONDITION OF TRADE.
Bradstreet's says.

Trade reports do not differ materianx
from last week. and while individual 1Ires
show some variations business as a chofs
IS quiet For this the long present carto,,
In buying, irregular weather conditions ~
late Easter season and the increasing az
tlvity Of the farmers in crop work are a,I
held responsible. The volume OF hons.
buying IS smaller at most cities and ~
returns from travellers on the road are now
the chief source or new business al whole.
sale. JobberS report demand. as for soma
time past to oe for small lots for nuicE
shipment. Retail trade for spring has no.
yet opened up actively owing partly 10 oooi
weather. At some cities price reductions
are still in evidence 10 move heavy goods
Women's wear goods. notably millinery
flno dress cottons and similar materials. arr
quite active with tobbers. and the advance
OF the season seems bound 10 beneh, ihess
from now On. Clothing is quiet and M.
shoe trade could be more active. On the
building somewhat. and paints. despite ths
very nigh prices Of materials show .nOrs
activity. In the farming regions npla
ments fertilizers and seeds are all active
The lumber trade Is irregular. but excep.
at a few points IS not as active as exrecteS
The agricultural situation shows good prog.
less. and winter wheat is as a whole IN
good shape, considering the low conditioned
start last fall There is very general agree.
the grain belt: the Northwest is still dry.
retarding the work Of soil preparation. and
ram is needed in the inland sections o' tee
Gulf and Atlantic states. though the drouth
in the coast regions of the Gulf States has
been broken.
Dun's Review says:
Although reports from the leading trades
and different sections vary considerable
and statistical comparisons do not show
uniform gains. yet conditions on the whols
continue 10 indicate moderate advancs
1t Is noticeable that retail trade IS gener-
ally more satisfactory and many Of the i'm.
portant centres, make quite optimistic state.
ments concerning the outlook. The remark.
able change IN the foreign commerce sit.a.
ton by which. In eight months a balance
Of trade has been created in favor of the
United States Of $ilS,0O0000, as compared
with $lSoV0,Co year ago; the enormous
total or American credits obtained I'm Eu-
rope by reason of this large balance and the
heavy sales abroad of our securities. the
substantial reduction in the cost OF living
by reason Of the decline in price OF articles
of neceSsity-these are important gains
which must sooner or later work for busi-
ness improvement especially If supple
mented by ample crops Crop conditions
are certainly better than they were year
ago in spite OF dry weather in the North
west. Building operations IN most cities
outside Of New York are larger. There has
been some lessenng in the demand for pig
iron. but with increased activity in struct-
ural materials the recent improvement IN
iron ana steel fairly hOldS us own. 1ners
is no special change in cotton and woollen
goods or in footwear. Railroad earnings
in the first two weeks Of March declined
per cent. Bank clearlngs show decreases
of 13S per cent iu New York and OF 3
per cent outside as compared with 1910,
and gains OF i3 per cent and lfl per cent.
respectively, as comnared with 1909. Pros
poets for the new United States government
bond issues are reported TO be excellent,
with large oyersubscriptions probable.
which would serve 20 improve the tone ot
the investment market. Foreign commerce
at New York during the latest week
amounted to S35 f62 i63. against S31961as1 IN
1910 and s3l.6i2 205 in 1900 But there was
gain of over 100000 in exports. az COM
pared with 1910 and 1909. while imports de-
clined over 100000 from 1910 and over
500. 600. as compared with lHH' 80 that ths
eratifying change in the foreign trade Sit
uation is maintained.