New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-05-20
CONDITION OF TRADE.
Bradstreet's saws

Events Of the week have been apparently
IN Z favorable direction Good. that is
seasonable weather good crop reports, ex-
cept from a few sections where dry
ing from the early public and stock mar
ket reception thereof, good legal decisions
are the three features making for better
immediate business and more hopeful
feeling as 70 the future. Still, actual re
suits so far are hardly up 70 sangulne
, expectations Retail trade has expanded:
but the Improvement al best IS late' and
while some good recorders have been done
by jobbers the feeling is that retailers
stocks have not been much broken JOB
bers business has improved. mainly Tor
wash goods and light underwear More
confidence has been engendercd in whole
sale trade. and IN some lines OF cotton
goods COnverters and n1anufactureTs nave
taken hold more freely for fall, and even
as far ahead as next spring. In general
( industry. Improvement aside from tone. IS
/ almost negligible. Iron and steel are not
greatly changed Indeed, while there Is d
railroads. pig iron is dulier and weaker,
and short time is an element met with in
/ many lines consuming these products.
Some observers stil believe that clearer
view OF crop outtuTn. more active employ
ment N Industry and settlement or tarlII
uncertainty are necessary before general
business will throw of the apathy il has
shown for months past.
Dun Review says
Two events Of the week have an i'm
portant influence upon the business sltua +.
ton, inasmuch as they remove mleh OF
the uncertainty which has served 70 retard
enterprise and discourage activity. These
events are the Supreme Court decision IN
one Of the cases Involving the status or
and the prospects Of the restoration OF
peace IN Mexico These developments had
the effect OF greatly increasing trans
actions IN the securities market, always
md
70 new Conditiors It's influence is also
felt 70 moderate extent IN the Leading
trades and industries For the nrst tlnle
in many weeks the reports from the lead
Ing tr-de centres are more buovant in
tone though II would not appear that the
actual gain IN volume OF TRANSACTIONS mas
been much. II any. This Improvement IN
business sentiment appears IN the reports
fron1 tbs iron and steel trade. where. IN
spite OF continued contraction and price
concessions In pig iron, better feehhb Is
noted with some increased orders IRON .!!s
railroads II also appears 10 a hnltei
degree in the textile markets. when report
some improvement. notwithstandlnS me
continued Curtaiment due largely 10 the
high cost Of production and the conser-
vstfve purchases by consumers. II IS note
worthy that The more seasonaple weather
stimulates q larger retail distribution, ana
trA continued me prospects Tor the crops
have an encouraging effect upon The trade
The wheat conditions are admirsple N
every essential while the cotton OUTLOOK
is also favorable The shoe trade Is CON
eArvatively improved. The copper marker
appears stsadier The issue OF Panama
canal bonds is expected 10 be an IN
eualiAed success Railroad earnings IN me
first week IN Nav decreased - per eeht.
Bark clearinEs outside Of New York this
week gained 90 per cent and per cent
over the two preceding years in New YORK
there was gain Of 81 per cent over 1910
and q loss OF S s. Der cent from 1899 The
iraprcvernent IN the export trade, which
has been one Of tire best features or the
past few months keeps up At New ork
IN the latest week exports we're sl5.25s 40.
or only SLIP 155 less than the imports,
while last wear the excess % imports was
g afS 50g and in looo was s3.30.ols