New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-10
CONTINUES UNDATED
Trade and Industry Show Good
Weekly Records.

For the last week commercial agencies
contribute good returns from the various
centres OF trade throughout the country.
The volume IS said TO be good. although
the cold weather has checked some re-
tail spring demand. While house sales
are reported smaller. road sales were
larger "Dun's Review" has the follow
ing:
While there is little speculation In any
market, the activity that has prevailed
for number of months past In the i'm
portant industries and trades continues
uGabated During February bank clear
ings in the United States Increased So
per cent over last year and 10 per cent
over 1911. and during the last week the
gains were 60 and - per cent. respec-
lively. Railroad earnings during four
weeks of February increased per cent
as compared with the same period last
year other February statistics We're
generally favorable. While there was an
increase In the liabilities OF defaulting
concerns. this WIS due to three or four
failures OF unusual size. and IT is sig
nhcant that the insolvencies were con
siderably fewer In number than In the
same period last year. February incor-
porations aggregated about S7O.or Oyo.
which. while less than IN January. was
large gain over February OF last year.
The average daily pig iron production
in February exceeded that Of January. "A
conclusive evidence Of the continued ac-
tivity in the iron and steel trade. the
heavy purchases OF steel products by
. ~.
makers being the main feature The tex
tile traders are experiencing a continued
large demand. which keeps both mills
and distributing houses busy. The cloth
ing strike is In the process Of settlement.
and arbitration Of the important dispute
between the Eastern railroads and their
firemen is TO begin next week. The shoe
trade reports steady broadening OF ac-
tivity. which promises exceedingly well
for the coming season. Winter wheat con-
ditions are very encouraging. and the new
cotton crop outlook is unusually favor
able. Trade reports from the leading dis
tributing centres are generally good. al
though weather conditions have retarded
retail distribution in some places. The SCI
curity markets have been, on the whole.
more settled. Local banking reserves have
been still further depleted. and Germany
is borrowing at this centre, yet money
rates here reflect an easier tendency. For
eign commerce at the Port of New York
In the latest week amounted TO S,s 500 l65,
against $50, l24, l79 In 1912 and S3 SOL 2S2 In
1911. Exports were SIG, S5 ,3t4. being some
what less than in the two preceding years,
but there was large increase in Imports
"Bradstreet's" says:
Spring trade conditions are healthy
and although it IS probable that house
sales at some points show more or less
dminution, orders from road statesmen
and through the mails manifest reason
ably fair expansion. Staple goods receive
most call. but at the same time there IS
quite "A little booking Of far future bust
ness. though buying in this respect save
in special lines, is tempered TO some eX-
tent by prospective tariff changes How
ever, ii is significant that leading inter
ests I'm textile lines view tariff matters
with a degree of equanimity. thanks To-
the fact that adequate preparations have
been made for what seems TO be in
eyitable. Meantime shipments OF spring
goods are going FORWARD In volume, ana
buying has been of such a character as
TO indicate that repeat orders from retail
interests will be plentiful, provided ia
vorable weather conditions prevail Just
now final distribution Of heavy goods is
being helped by a spell of cold weather,
but on the other hand sales of spring
fabrics have been hampered. Easter dis
plays obtain. and attention is being di-
rected to the purveying of articles suit
able for spring wear. owing to the mild
winter it Is quite likely that at majority
of the leading centres jobbers as we'll as
retailers will be compelled to carry over
rather large ..tocks of winter wearing ap-
parel including clothing. rubbcrs and
heavyweight shoes. Still. number OF
cities indicate that surplus stocks actually
show decreases as compared with the end
Of last season. when stocks were well
down to minimum, and some Of the
larger centres Indicate that supplies are
no more burdensomc than they were at
this date in 1872"