New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-07-07
RETAIL TRADE ACTIVE
Slight Curtailments Due to High
Temperatures.

| DulnesS OF 4 temporary nature WAS re-
ported in most wholesale lines. due 70 the
holiday and the hot wave. which has
spread over the country and reduced buy
! ing volume. In a general summing up OF
the situation reports Of the commercial
sencies for the week carry tone OF en-
| couragement. especially comparing the
business Of the period with the volume OF
trade for the same week in 1912. "DUn's
| Review says in part:
| High temperatures throughout most of
the country curtailed retail distribution
somewhat, while the holiday accumulated
slightly the prevailing dulness in most
wholesale lines. Needed rains in the aSri-
cultural regions have improved the crop
outlook and harvesting Of winter wheat
| is progressing under ideal circumstances.
| Private estimates indicate some gain In
cotton prospects. while the government re-
/ port on Thursday placed the condition at
! SIS per cent. against SO.f per cent year
ago The submission Of a practical plan
| for separating the stock interests OF the
! Union Pacific and Southern PACING rail-
roads was. on the whole. a favorable
! factor in the investment markets, although
renewed war in the Balkans-this time
between the aIlies-renders the European
monetary situation more unsettled. The
! Iull in the iron and steel trade continues
as to finished lines. but larger demand
! FOR pig iron appeared during the week
! than for several months past.
| The extended holiday accentuated the
| auietness usual at this season OF the
[ ri r12
/ BUYERS stlll operate Conservatively for all
future requirements but consumption Is
/ we'll maintained and the slackening OF
| distribution is a natural development al
! this period. About 80 per cent OF the
! voollen and worsted machinery OF the
/ country is idle pending an adjustment OF
the tariff, while not more than 70 per cent
/ Of the cotton mill machinery is in opera
| ton Some large corporations nave or
/ dors that will take care OF their output
/ during tho summer months and there has
4 been sufficient export buying for emma
! 10 eupply business for the mills that con-
tluue 10 keep their brands active IN the
East. Delay I'M placing spring contracts
/ is still apparent and most joboers ana
/ corverters are planning 20 release only
moderate portion Of their normal require
,,e,,s for the coming season. In woollens
and yorsteds retailers have about COM
nro,oa their initial ial purchases ana
most iobbers are only bordering on fe"
staple lines
/ .Rradst~oet.s" comments as follows:
! Most measures NJ trade volume and
rrosrcss make satisfactory comparisons
~tf.H "a
element and hcsitsting trade. Sank
/ crcarincs for June and the SIX months
show fractional gains over last year.
there were fewer failures In June than III
any month for two years past and inc
.fx-n,onths aggregate IS below that OF
f 1912. although few large failures nave
/ srcIIcd Liabilities above last year. BEST
comparisons I'm each case are made oN
the agricultural or surplus crop produc-
ING sections. leading centres Of which re-
nor. sales exceeding tho like period Of
1912 while tho manufacturing or strictly
3 industrial sections Of the East show more
/ hesitation or friction. For the ilrst large
! ,rop returns OF last year and heavy OK
Forts. particularly Of cereals, were main
/ Iy responsible. while for the latter, tarlu
revision. close money and somewhat On
ccssiyc activity Of lawmakers may 10
held accountable. The country's foreign
Ftrado has broken all records.
n significant DEVELOPMENT is the way
distributivc trade in summer fabrics has
/ exraudod Retail trade. aided by hish
/ temperatures. vacation wants and clear
aucc sales. has picked ~ considerably
and although hot weather with the ah-
! vent Of holidays has tended 20 circnln-
scribe business I'm wholesale lines IL -
noteworthy that tho dulncss is no more
marked than usual 1T this season and
6uinz-in orders are quite satisfactory.