New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-06-24
BUSINESS IMPROVEMENT
Good Reports from All Parts of
United States.


.h,s country "Dun's Review" for the
eek ended June % has the following:
Rarely are the reports from leading
,..ds centres in different sections of tbs
.ountrv so uniformly satisfactory. In most
cases an actual widening demand IS noted
.rd in others there are clear signs If prep
sration for an active fall trade. The wealth
- &c ideally favorable both for wholesale
and retail distribution Of merchandise and
Cav the growing crops. The crop outlook IS
Increasingly favorable. Encouraging reports
es 70 acreage and condition caused dc
cline IN cotton. while rains largely benefited
the wheat fields. the winter yield now prom
,sIns TO be larger than in the earlier eSu'
mates In addition TO the stimulating effec'
- the favorable weather. there IS an OK
handing business confidence. Great activ-
a. in iron and steel Is maintained with a
tsndency toward higher prices Copper
continues strong. \ larger distribution IL
the drygoods trade is noted. The demant
,or cotton is better Woollens and worste0S
orA more active and higher prices are being
aska5 ty some producers. Raw wool is
ern Hosiery, underwear, clothing. cloaks
s,i,e and notions appear 70 be moving fair
& hardware, building materials and drugs
oils and chemicals are reported to be IN
satisfactory demand in various large dis
.r,butirg cities The season when the shoe
factories close for a few weeks IS a, hand.
nut an active fall business is lookei for,
end the New England footwear market
shows improvement. Leather Is very firm
I, is g sign Of Improvement IL corporate
business that the July disbursements OF
di-i5erds and interest viii Be S320n,e'
larger than year ago. Railroad gross
earnings the FIRST two weeks Of June in.
creased ga per cent. Bank clearings This
v,aek gained o5 per cent over 1911 and 81
re- cent over 1910 outside OF New York
IN New York there was q decrease Of 81
ns- cent and an increase OF l6.5 per cent.
,Asrsctivelv. The foreign commerce report
Gov Nav shows the largest total both cor
sxnorts and imports for that month ever
TAcorded at New York CITY exports To- the
latest week were Sl4.3e2 $50, comparing with
s4sS7.5Ss in 1911 and N6,6e5,97c in 1910 and
imports Sls2s3.7S3. showing q small gain
over 1911.
The gradual movement toward q higher
price basis in iron and steel denotes IN
usual activity. In Eastern territory the
siniation reflects increased strength, with
pipe.m4kers continuing steady buyers. The
demand for paste materials IS taxing ca
,acitv. and orders for structural steel thus
far received IN June show q substantial
total With few exceptions. finished lines
are booked ahead through tho third quar-
Ter. notably plates and shapes sheets and
ana tin plate Heavy steel melting scrap
remains az s13 % Pittsburgh, but holders
of stocks ere not inclined - accept much
future business &. tails figure, anticipating
8 rise IN values II is now more dincult
10 obtain Bessemer and open-hearth bil'
lets for prompt shipment and the quota
tons Of go 80 and 81 Pittsburgh arc the
minimum Labor conditions alo causing
some concern, the scarcity Of workers IN
trfehag with operations AZ many points
Several vase advances have been eranted
ami strikes are comparatively few.
Railroad gross earnings continue 70 ex-
h5it some improvement over year ago.
The total Of all United States roads report
ing 10 date for the first two weeks OF
Juno. amounting TO S14,S34.k35. show an In
crease Of "a per cent. While this gain IS
not SO large as that for the corresponding
period in the three preceding months, II Is
gratifying % note that the comparison IS
more favorable than last week, when the
increase reported by the same roads was
only rs per cent. a notable feature IS
also the fact that while no road included
IN this weeks statement shows any pro-
uounced gain an exceptionally small mum.
her report any loss in fact the only note
worthy instance being Colorado q South
en-. The roads n the south continue -
show more or less expansion, Chesapeake
& Ohio. Seaboard Air Line, Louisville &
Nashville and Southern being among those
making a favorable comparison with the
returns Of a year ago. IN the West and
Southwest increases now appear Oh the
majority Of the leading systems, among
them Missouri Pacific. Missouri, Kansas
& Texas, International & Great NortS~rn'
Denver & Rio Graz de and ST Louis South
western. In the following table are given
the Gross earnings OF al United States
roads reporting 10 date for the first two
weeks Of June, and the gain IS compared
with the earnings Of the same roads for
the corresponding period q year ago; also
for practically the same roads for sim
liar period IN the two preceding months,
together with the percentages Of gain over
last year:
1872. Cain. &c
June. two weeks. Sl4 334,456 Sil6.b33 "a
May. tao weeks l54ldzel OF pc
The Canadian situation IS covered b.