New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-03
THE WEEKS REVIEWS
Commercial Agencies Report
Rather Favora BILE Trade
Conditions.

The business Of tho week a. exhibited
1- reports from commercial agencies i'll
the main continues to bc very favorable.
"Dun's Review" has the following:
The business expansion which began in
19i. was steadily maintained throughout
the first month OF the new year and re-
Forts from various sections of the country
continue satisfactory. Weather conditions
affect distribution adversely in certain in
dutries. and tariff uncertainty is RESPONSE
blo for conservative buying in lines most
directly affected. Labor troubles, now ap-
parently approaching adjustment, have in
tcrfered somewhat with the demand for
materials uSed in the manufacture OF
clothing. but the general effect on the
drygoods trade Is comparatively slight, for
increased activity il shown in many de-
partments The iron and steel trade con-
trues so active that only the incapacity
Of the mills TO make prompt delivery pre-
vents further expansion. the heavy rail-
road buying Of cars. rails and other sup
plies constituting the most striking feature
Of the situation in this branch. The open
winter has been generally favorable Tor
new building. and important construction
work is in prospect that Will create an ad-
ditional demand for materials. Lumber IS
active The shoe trade L. In satisfactory
condition in both manufacturing ana dls-
tributng branches. Railroad gross earn
iucs i'm the first three weeks Of January
increased ~ per cent Bank clearinss
this week were So per cent better than
last wear. but per cent under 1911 The
ME al
continues TO make an extraordinary cX-
uibit During the latest week the totai
commerce of the Port Of New YORK
amounted 10 S36.A42.015. against S$O.ibS'-
S97 in 1912 and $29S19.0S0 in 1911. The
exports were $I9.19@.12G, being S3.1Jo. Ia
in excess Of the imports. In view OF Inc
large excess Of merchandise exports from
this country during the last year. the Tact
that we have recently sent over Sl'.VV0'-
600 Of gold out OF the country Is regarded
az an unusual development Most OF IL
has gone TO Paris where the markets as
I'm other European centres, are stu dis
turbed by the Balkan crisis. our own So
curities markets are quiet with little
speculation.
'Eradstrcet's" tells of . waiting stage
M some lines which causes AL irregular
ity. as shown in the following paragraph:
Though trade trends are running III
favorable direction, there is enough ~
regularity to divest the situation of uni
formity over and beyond all - the TACT
that the larger centres of distribution
continue 10 do remarkably well. this be-
ing most patent in cereal producing re
"a =
Sections thus clrcumstanccd note good
personal buying; talIings of spring goods
from jObbcrs have augmented house
trade. ard at the same time travelling
statesmen are forwarding rather liberal
orders The early coming of Easter this
wear provides natural reason FOR eN-
mansion in a host Of spring lines, particC-
larry Grygood,. shoes. farm machinery.
millinery hardware. glass, paints and
oils. Incidentally. buying for future ac-
couut keeps up. though the situation in
this respect Is tingcd With feeling Of
conservatism. this manifestation being
largely due 10 uncertainty regarding
probable tariff changes. still. buying Of
worsted and Wooilcn goods continues fair
Is active. neither tho strikes Of garment
workers nor tariff talk having acted as
check rCins on urchascs for future ship
ments, though II, must be admitted that
the labor disturbances Unfavorably affect
current distribution of made-up mate
rails and have caused the holding up Of
goods heretofore ordered. Comparative
~ few places can boast Of good season-
able retail trade and for this mild wealth
or must be held responsible Clearance
sales are everywhere in evidence, and II
is probable that stocks are heavy.