New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-03
CONDITION OF TRADE.
Bradstreet's says:

Trade and crop conditions still display ir-
regularity, and concrete results proceeding
from the improved tone In evidence or
late lag behind anticipations.
Retail trade has been again favored ny
warm. bright weather and has expanded
as a whole, but not in keeping with fullest
antcipations: AT some centres bargain
sales OF spring goods are already in evi-
dence Jobbing business has felt the effects
Of the gradual growth in retail trade in
fair volume of recorders. Business, how
ever though classed better than for
some months past, is at best OF filling-n,
end-of-seaSon character. For fall and WIN
ter or beyond. conservatism controls, and
there is still a desire to see crop and tar
in results more clearly AS to the first, II
may be said that dry weather Is this sea-
son, as for some preceding years, the main
cause of complaint. The month or May
probably saw some slight notifications OF
winter wheat condition. but the concern
manifested in some circles Is partially at
tributed to the necessity OF some large OPP
orators merchandising some heavy stocks
of old wheat left after an apparently sue
cessful campaign the long side in May.
Southwestern crop prospects have faded
as a result OF too dry weather for wheat
and oats. but leading surplus producing
states In wheat. Doth spring and winter.
corn and oats. send on the whole good re-
ports. while cotton has made progress on
= record area. though slightly later than
usual Really serious complaint as 10
crops is still confined TO grain in the South
west and small fruits and vegetables
along the Atlantic seaboard.
"Duns Review says
Continued conservatism. combined with
growing confidence, appears in trade re-
ports. The fact that one after another OF
perplexing uncertainties Is passing, and
that crop prospects are increasingly favor
able creates the distinctly better business
sentiment prevailing. although "urtailment.
reimbursement of prices and moderate pur-
chaSes in satisfaction of immediate wants
chprarfpriZp
ment In Europe. while commercial oper-
atoms are generally active the crop out
look is uncertain In the United states re-
Verse conditions prevail-trade Is slow, but
crop prospects are very good, and II this
promise holds the resulting agricultural
prosperity should quicken the pace of bust
ness here To keep step with that abroad.
The most active trade movement Is at
present in expectation to foreign lands. and
this constitutes a strong situation. The
fact that in Canada business is moving
hriskly is also good augury. Railroad
gross earnings during three weeks OF Nav
were ; per cent better than last year.
while important systems report large net
gains. showing To what extent wholesome
economies are practised. Tho announce
mCnt of Great Northern Burlington con
solidation. with a s60o.0o0o00 mortgage. is a
gratifying proof of willingness TO under
take big things. and IL has had a good
effect on the securities market Bank
clearings during May showed loss Of only
IA per cent as compared with last wear
and OF only > per cent as compared with
1899. which indicates how large the coun
try'S transactions are even i'm a time when
business Is regarded az slow Price reduc-
items are unsettling the iron and steel trade
but these are usually the pre- cursors OF her
ter and more stable conditions Nor In
many years has there been such curtaiI-
ment OF production as now exists In cotton
manufactures. hut the reports from tha
drygoods trade generally appear somawba,
letter. More business IL reported az "a
numher OF inc leading centres and n moe
confident spirit is exhibited. especiol,v ne
the agricultural outlook continues 10 i'm
prove. The conservative hetterment I'm Tho
shoe trade and In leather Is maintained
There has been more active movement in
copper. particularly for export Ruhhnr
Is depressed. The big increase in cot,on
acreage is one OF the best developments ~
the situation. The May record OF raii,,r vi
exhibits total OF liabilities somewhs,
above the normal. but considerably undar
recent months. which reflects the imnrov
| ing tendency. The volume OF commerce
rom m New York In the latest week was
SOON. i6 as compared with S2i.N,s 7ss T., ,s,S
and SS7Sl ,5S In 1909. The exports ~ w .S,e
Ing years WV proceed