New-York tribune., 1913-07-28

IN the surplus crop growing sections no
complaints as to present business or nut
ure prospects are offered, and in general
II is probable that business is equal TO
and. in quite a number OF regions, ahead
OF this time last year. Some OF the r.
regularity may be attributed to midsum-
mer conditions, to restrictions imposed oy
high rates for money, and to tarin uh-
certainties, though the sending OF the
tariff bill 10 the Senate spells progress
That there are but few dissenting notes
as TO expectations Of good business durlnS
the fall and winter is significant. even
the South, where the cotton crop Is IN
excellent shape, being long on encouraG-
ing assurances Yet the current situation
reflects a trend toward conservatism, es-
pecially in the East, this attitude being
especially so in textile lines, in which
circle business is not expanding at
sharp pace, though trade is by no means
dull
"A record wheat crop is in sight
Yields Of spring and winter wheat prom
ising a possible 100000 bushels; corn
and cotton have been aided by improved
weather, though It still is apparent tnat
oats and hay will be short and that corn
has been injured by drouth west OF the
Missouri River. Labor is quite well en-
ployed. especially In outdoor work; the
outlook for building appears TO have I'M
proved at some centres. and some iaIse
projects that had been held up for ldcN
Of funds promise to go forward. Textile
lines display most dulness, but the as
solution Of the Paterson SILK WorherS
strike eliminates sore spot ana Wh''~
numerous strikes are being WaSed' the
most notable being that of the Michigan
coppcr miners, the fact that the railway
trainn,en and conductors seem to be max
ing progress toward arbitration renders
the labor situation quite satisfactory. As
already noted. iron and steel indicate I'M
prcvement. This is reflected In better
buying Of pig iron I'm the Chicago dlstrlcI
where the price level suffered, in an IN
creased demand for steel bars 10 be useu
i'm the making OF implements. In a sllsht
revival Of car buying, and IN the some
what better outlook for structural shapes
den,ond for which will probably be ac-
CELEBRATED through the letting OF contracts
heretofore deferred. Machinery markets
continue quiet yet it Is noteworthy ''s'
small lot orders have become more Hu-
merous. Copper has turned upward
chiefly on European buying, followed Dy
some purchasing by American consumers
and strikes in lake producing regions
However. domestic interests appear u
distrust the market, presumably suspect
ing speculative campaign In any
event. reports indicate that home con
slImption is relatively light, though sehu-
ment as to the future has improved Co-
Iections are beginning to improve at some
points. but as a general rule they con-
tinue 10 range from fair to slow. Money
is a little easier, at least as regards uh-
dertonc. and IN the West large interests
are said TO have prepared for iutule
wants. However. in a broad sense west
ern demand for funds keeps active
While the stock market does not ma'il'esl
much activity. the undertone as regards
prices is stronger. and realizing sales are
ouite readily absorbed without quotations
uppreciably suffering"