New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-24
IN LIBERAL VOLUME
Commercial Agencies Encourag
ing in Their Weekly Reviews.

4 hopeful tone prevails in the report
| from business conditions throughout ne
! United States by the commercial aGen-
cies. in "Duns Weekly Review" IS the
following paragraph;
In volume OF distribution business con-
tiDues on q very liberal scale. although
the spirit Of conservatism which has char
acterizcd the situation for so long time
still continues. While there IL notable
absence OF speculative activity. the prin-
cipal trades and industries show steady
expansion as compared with condluons
prevailing at the corresponding peIlod q
wear ago. although in certain lines, and
cgDecialv in some localities, there has
been lately some slowing down in me
business advance. The week has Wit
messed the triumph OF one OF the Tevolu-
tionary parties in Mexico. change loI
tho better in the peace prospects foT the
Balkan war. anG an AGREEMENT 10 srD4-
trate the dispute between the Eastern
American railroads and their hreme1'
The heavy railroad purchases ~ equip
rner.t continue 10 constitute the chiei
feature Of the iron and steel industF@ 3
which. In spite OF soTe falling OF In the
volume Of new business In finished INES
continues notably active. Copper now
ever. is suffering somewhat from pro-
duction which is considerably IN excess
/ oC the demand. Coal Is quiet but ll':'-
ber is fairly active The retail demand
for the leading textiles displays activit.i
and both the manufacturers and the us
tributors report a scasonabie business
nm, The clothing strike and the tsriN uh-
car,siutv make for considerable conseTNa-
f,srn. Shoe factories arc fairly busy ana
The trade makes favorable record or
progress. Leather continues very MN
! Paw cotton has experienced sharp dc-
cline. The average daily bank exchahees
/ for February thus far give evidence o'
/ the large business distribution gains oi
81 per cent and S per cent over inc Two
prevlous years icing reported. he ia"-
/ ,oad gross earnings In the first two week
If February increased q per cent. For
si0n commerce continues 10 expand. the
,ecnrd for tie Port OF New York IN the
Latest week showed a total OF SSs'ols.'5"
scsinst 80. 2si. 81 III 1872 and =" IN
/ 1911. Exports were slG5lc.S22 TINS Dehs
a substantial gain over last year and
large paIu over 1911. Moreover, this ma
ron.s oyersea commerce during January
! ,,,r,.eeed ali previous RECORDS for that
month. with merchandise exports exceed
ing imports by $4,000"
Bradstreet's return for the week .
( EQUALLY cheerful. as shown In this para
graph:
Under the stimulus Of an carly Easter
mild weather and widespread evidence
NJ active crop preparation. jobbing trade
! and spring distribution generally continue
10 expand and compare very favoraoN
with the like period year ago. Build
/ ING tends 10 become more active ran
{ "a onera-ions. relieved OF the fear OF a
nremen's strike and unhampered by Sc
,.ere weather such as was experienced a
wear ago. are active. and Industry e&-
/ con, where affected by strikes. Is or a
1 CON volume In fact, measured BY the
I necessity of catering TO nearby require
nents the trade situation generally IS
.,o ~ assured confidence Foreign trade
or the month and year exceeds all Ike
earlier periods. The other side OF 'ne
! nic.ure however, il shown when pros
nocts for the more distant future are con-
eidsred. except in some sections ana hhes
where future buying is really cohHuen'
,bo,e 10 rather more evidence Of con-
serva,ism. demand makes haste rather
! SLOWLY. and there seems TO be IN eN-
denc. a desire 10 weigh carefully and step
! disereetly pending clearer views OF po-
litico-economic questions. OF money sup
! plv and OF possible crop promise These
,ar,,np influences rob the general trade
cd Industrial situation as whole or
uniformity and prevent generai char-
| acterization. ~ for some 'iihe past, '"e
feeling I'm speculative and financial lines
Is one OF repression If not OF abso'u'e
depression. but. except in rare instances
prices alike OF securities and commodi-
ties make rather scant response 10 the
apparently numerous causes for caution
and conservatism