New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-12
CONDITION OF TRADE.
Bradstreet s says

DldlSAI 2 So
orders for future delivery indicate fur
Their moderate Improvement in the trano
situation house az well as road sales ex-
panding in fair degree. Many visiting ouJ-
ers are In the country leading markets.
and those ha.linS from the cotton growing
sections OF the South and Southwest are
disposed 20 purchase quite freely. This is
explained partly by the fact that the south
IS very tavoraoly situated as regards al
its crops. Talk from buyers IN general IS
optimistic enough. but withal purchases
on the whole show that considerable eau
ton prevails. This attitude is especially
apparent among those catering TO the cereal
producing regions. where crops underwent
further deterioration IL July. IL Is note
worthy, however, that recent rains have
made for q better feeling as regards corn
crop results, and IN consequence merchants
are fostering more rOseate anicipatiOns,
though still acting conservatively. eau
tlous buying heretofore has kept stocks
within controlable bounds, and the adj
vance Of the season, together with the ar
rival OF buyers should bring about a fur
Their seasonab BILE increase in trade In some
sections requests for shipments on orders
that were held up last month are being
made. Drygoods, allied lines and millinery
lead In point OF relative activity. Where
demand for cotton goods has developed the
fact IS brought out that supplies or some
desirable grades are short, this being due
20 curtailment, past and present
'Dun's Review" says:
There is further evidence Of a feeling Of
confidence that the autumn Will bring
broadening in trade activity. while business
now continues 70 expand moderately. The
large steel companies are operating a
greater percentage OF finishing capacity
than az any time before this year. some
OF them are now turning out steel at the
rate OF ~ per cent Of their maximum ca
paclty. less than two months ago the per
centage was barely 60 The Steel CORPORA
TONS usual monthly statement OF untitled
orders shows that during July there was
an increase OF approximately a quarter OF
a million tons. IL other lines there ls not
the same volume OF new business. but the
output during recent weeks has increased
Conservatism still prevails in the drygoods
markets. trade In footwear continues quiet.
but in New England factories are gen
orally well employed. the wool market is
steady and fairly active. the yarn markets
are irregular and tending downward. The
drvCoods and footwear trades are typical
OF the existing situation I'm general indus
try; here the underlying conditions all
point 10 early betterment on account OF the
depletion In stocks. and when crops are
secure business should improve sharply
IN the West there is fair activity IN retail
trade, and IN the South and South west a
substantial expansion is noted In the in
quiry for materials entering into daily con
sumption. The disappointing crop report Of
Wednesday, the severe break IN stocks and
unsatisfactory railroad returns temper the
feeling OF optimism previously preyailinE
yet all the statistics bearing on trade
movements are hopeful II is still too early
10 predict confidently that the crops viii
be small there may be some recovery In
corn and spring wheat. while higher prices
viii In part compensate for the reduced
Weld. Railroad earnings for the month OF
July are o.3 per cent less than In July last
year, while bank clearings this week are
III per cent more than the week year
ago. Foreign commerce at New York for
the latest week amounted 70 SSl, 100 s0e, "a
compared with 81. 90a s0c In the CORRESPOND
ING week last year. imports show gain.
being f.1l3,0o- In excess OF exports and OK
ports are H.c4.Ss9 less than year ago