New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-28
TRADE EXPANSION
Conditions More Favorable
HEAVY Demand for Goods.

'iCdVy OCIiio'id ~ SooN
The expanding trade of the country is a
fact, not a theory, as gathered by the
commercial agencies from their CORE
spondents and again told for the week
Just ended. "Bradstreets" reviews the
situation as follows:
Business continues TO expand ana traue
currents are apparently unaieCieu Wy
the nearness Of the Presidential eleCuoI'
Practically all reports are OF satlSlaC-
tory nature. though, OF course, activity
abOunds to a greater extent IN some SEE
lions than in others, but even the ldS
gards-just now, chiefly Few poluls lit
the South-are falling into line WIN Wy
rest OF the country The pam u uvt
is that demand. predicated on heaNy
cOnsumptive requirements, eXlsts' tnaI ~
must be filled, no matter What snrt
mental effect political matters may $500
and that stocks of goods are not heaES
in any position. In any event. thG ~,
camille interests of the country. speahIL5
of them collectively, have eXpeIltnSIeu
another week Of exceptionally aStlne
trade. JObbeTs Of all stapie HhcS no 80
pnioycd A brisk business, ana cans lOl
winter goods have come TO the front III
a noteworthy way. Incidentally pus ms
for future account, for next Spii!ls H
becoming more conspicuous. 70 cue Va
lines experiencing special acuElty MO ,',,
try's Industries But the relatively l"os,
active zones are the West, Northwest anu
Southwest, which sections nave ptSH
blessed by bOunteOus crops. Even LIv
South, for a long time coinPaa s''i i;fs
backward, is showing greater ne;
thanks TO free marketing OF us tiien
staple crop, though things remain IsiHeI
slow IN the South Atlantic region. oIlIb
ping rooms, particularly Oh vi $50" "r
houses. are overtaXed in getting OUT ol
ders, manufacturers in most industries ar
working TO capacity, shortage Oh laDoa
continues to produce complaints, Nl'
movement OF grain is OF an uhpi ~
dented volume, exports OF wheat are lie
largest since the first week in January,
1905 and with that exception tne ldLbcsI
for any week 81 ten years. kallNaE va,
fC on Western, Northwestern ahG Sour
western roads II said to be the hedNltst
oyer known. the movement of coal ere
winter sets IN is only limited by the sup,
PLY Of cars, and under the CircumstaiictS
railway earnings are on the upEThue; iHc
iron and steel industry continues III az
enviablo position, further advances IN
prices are being made, and the railway
have bought more freely than AT an!
time this year, rails and cars ntlhE oH"
commodities sought. Mis- making PDe
booked up for a half year TO come. Such
being the case, the leading interests are
not overanXous 10 take on more Ousl-
ness for later deliveries, ana As a ulalttI
~ Il.
there is less doing I'm new finished business,
Pig iron Is not 80 active, but the EehSrdl
situation is such as 10 produce lullhsI
strength In prices Retail trade tends 10
improve, especially In the West Sout.
and Southwest, but in the Northwest ana
East the Gather has been too mild FOR
real snap.
Dunn's Review" has the following:
While the bulgarian Turkish War
causes much uneasincss abroad, us chltI
effect in this country has been, hTst' 10
produce large foreign selling OF AMERICAN
securities and, second 10 cause large
foreign buying OF American wheat War
Is never, I'm the long run, bcncncial 10
world commerce, but the present EuIo-
pean crisis, at least In It's lnlneuIdI'
effects, has not served In any way 20
check the notable expansion IN trade
here. Every report from every sectoi
Of the country is favorable, and the gen
eral business situation is not only very
active but is entirely healthy. Taking IL
altogether. there has never been more
remarkable uplft in American business
than that now in progress AT a umt OF
foreign disturbance and OF an Important
domestic political campaign ana II -
notable also that the trade and industrial!
expansion, while testing the capacity or
plants and hanks and railroads and the
labor supply, cause comparatively shlhIi
amount OF friction. The heavy railroad
UlNlnE OF ldliS, cars anu bll'i 'N'lf
ment is the immediate feature Of the
iron and steel trade. Not in years has
there been such generally satisfactory
conditions In the wOOllcn and cotton goods
and kindred trades. The shoe factories
report d demand which brings production
TO the point Of factory capacity. Leather
and hides continue very firm. The wheat
market has two sides, one the heavy eN-
ports, due 10 the European war, and the
other the heavy home movement as the
result OF the big crop The current sta
tistics confirm the other proofs Of bust
ness expansion Railroad earnings I'm two
weeks Of October increased a. per cent
and bank ClearinRs this week gained 2Sl
per cent over last year and IFS per cent
over 1910 Foreign commerce continues on
q large scale. amounting during the lat
est week at the port OF New York 10
S34. 200, 493. against $3l 1888 $50 I'm 1911 and
$338l4.592 I'm 1910. Exports OF flG3l8.9n
were much larger than In 1911, but slight
ly under 1870 while imports Of 81 9Si 5i6
were over a million less than in 1911, but
considerably larger than 1910 November
disbursements Of interest and dividends
are computed at a much higher figure
no Las