New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-05-06
REVIEW OF BUSINESS
Summary Of Conditions in the
United States and Canada.
GENERAL AVERAGE GOOD
Dun and Bradstreet Reports
Have Favorable
Tone.


The week just ended has provided lit
Clio 10 change the general sentiment re-
rarding trade Improvement and a
healthier undertoue Of commercial re-
cuperation. The turn Cor betterment
50 far has produced hut slight effect, and
IN the general atmosphere of merchan-
dIsing, particularly in the retail world,
there IS little optimism. Such situa-
ton is natural. as the convalescing pc
riod of recovery is always slow In
sny form Of sickness, and our CONNER
cia work has been very i'll. Apparently
the crisis is past, and with proper nurs-
ing Oh the part Of the powerful interests
tho smaller veins of commerce will be
given fresh circulation with new blood
OF progress. which in time will bring
back the real American standard of
prosperity. Canada is still experiencing
a continued business Improvement in her
several provinces, and the spring trade
Is all that Dominion business interests
could reasonably ask. In the drygoods.
clothing. underwear and other branches
of trade, the reports are especially salts
factory While the backward season has
retarded the retail trade somewhat.
there has been nothing which could be
taken as indicating a lack Of fundamen-
tai progress In Northwest Canada, where
the tide Of emigration is going from Eu.
rope, ard some Of the Western States
the trend is forward. and from all cen
tres come reports Of Favorable outlook.
As reported By "Dun's Review" tbs
gross earnings of ali railroads in the
United States are contained IN the fol-
loving extract:
Railroad gross earnings continue 20 main
tain satisfactory increase over yea-
age, The total Of all United States roads
reporting 10 date for the three weeks Of
April aggregatirg S24s4oT. gain Of IS,
per cent as compared with the earnings
Of the same roads for the corresponding
period Of last wear Most of the roads max
Ing returns for the third week report gains
and while some especially in the West and
Southwest. continue 70 show falling OF,
Il Is not SO pronounced al g while ago ard
70 some extent is Offset by larger earnings
on Chicago Great Western, MINNEAPOLIS. s.
Paul & saUlt Ste. Marie. Denver & Rio
Gran3e. International Great Northern, 81.
Louis Southwestern and Texas 4 Pacific,
In the South generally active railroad busi-
ness is reAect5d in the larger earnings re
ported By the Contra! OF Georgia Louisville
Texas Pacific, Chesapeake & Ohio. Sea
board Air Line and some other important
roads. Returns from reads IN other sections
of the country are generally favorable, win !
the gains reported by some quite large In
The following table are given the gross
earnings Of all United States roads report
ing 10 date for the three weeks OF April, |
and the gain as compared with the earn
ings Of the same roads for the correspond
ing period year ago: also for practically
The sans roads for tho similar time In the
two preceding months together with the
percentages OF gain ever last year.
April. vs.ks. ...... .s2t ssto77 sl.@75.ss5 %
Fer is,H seq S1'... 2siiS.$o5 ioSi.298 80
In the general line OF commodities
'Dun's Review for the week gives
the following which IS comprehensive !
and detailed in some figures:
Adverse weather conditions in the early !
part Of the week checked house trade with |
irbaiteR OF seasonable cottons has been |
necessarily slow Domestics and convert !
bles continue very firm, despite n season /
ably quiet period in primary markets. The |
size OF the cotton goods exports - I'M |
usual, running 20 per cent ahead Of d year |
ago. and shipments from the Port Of New |
York last week reached over l40oo bales |
Standard drills have been sold for shipment |
70 India az cents for August delivery ono !
shout $50 bales Of three ard sheetings 10 |
China for delivery forward from June. Wor- |
sted yarn markets arc bUoyant and repeat |
orders on oyercoatIngs and Cloakings are !
frequent. Leading mems wear and dress /
goods mills are busy. Fears OF strike |
among clothing operatives are expressed !
hut mill troubles have disappeared, follow |
ing the substantial wage increases.
Business IN footwear for fan delivery IS |
good but most manufacturers have not !
started 70 produce these goods the fac |
tories are not generally actively employed !
lDeenent wes Their this week has somewhat !
rsiardsd retail trade. In sole leather tan |
usts are refusing 20 accept large orders |
and where BUYERS have wanted 70 purchase |
esrtain quantities in numerous instances
more than one-qudrter 10 One-hdN or the
amounts desired have been refused. Notable
strength continues 20 characterize the en-
tire market for hides and skins. with espe- |
cal firmneSs IN calfskins IN the latter both
Domestic and foreign stock showing sharp
advances. sales Of Chicago packer calf
skiRs have been made up TO - cents
pound. which is an advance OF cents from
nc quotations ruling two months ago
Further advances have also occurred in do
nestle packer hides sales Of April sailing
packer native steers being effected up 10
b'! cents and packers asking II cents Tor !
more LAtln-American ory noes are also
stronger and one sale Of 1000 Bogotas was
made at &la cents, which was on advance
= cent.
Referring TO crop and weather condi-
tohs "Bradstreet's" weekly review gives
sssaeral report, which is given below:
Good rains in Kansas. Nebraska and
Uklshoaa with warmer growing weather
4 other states are responsible for slight
more optimistic tone or winter wheat
crop reports. The reports from Kansas
are really very good In view Of past DC
pressing sdvices. Large areas have been
Snter-killed, but the condition or that
f.in2ining IL better than d year ago and
me area is certainly larger. In Nebraska
Improvement is noted, a. also In Okla
nona. In Missouri conditions are mixed,
out IN the southern half Of the state and IN
parts Of Illinois things have improved. In
Ohio, however. the winter wheat prospect
the poorest Ia years, and III Indiana,
michigan and Illinois prospects as whole
s!e not good. In the Pacific and Atlantic
vast states-notsbly Washington and Ore
fon In the West and New York, Maryland.
Pennsylvania and Virginia in the East
winter wheat looks well
except In parts OF North Dakota. where
,,o9 much rain retards spring wheat seed
h!H The latter crop Is very generally
SEEDED, and some OF u Is coming up with
good stand and color.
= very encouraging feature this year, in
VIEW OF the famine prices for hay. ~ the
,efy generally good reports coming IN as
pats seeding Is about finished in the
Nest but very backward In the Eastern
,s,es Owing 10 wet soil, great deal OF
g ploughed for corn. Complaints OF oats
Zee rotting in the soil are very common
~ tae West. Corn ploughng and planting
Ie oaekv ard but good weather can repair
eSnr. OF this damage. though that ana other
gph are very backward -
Imports Of many spring pigs being Killed
West "'' "oa'"'' arc '0''''0'' :" wv
~ the South cotton planting IS very
"sckNard. Texas sending about the best
iU