New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-27
GOOD BUSINESS TONE
Some Irregularity in Lines
Threatened by Tariff Changes.

Commercial agency reports WINE not
showing any seriously disturbing cohdi-
lions reflect a slight reduction III inc VOL
ume of business, and an irreguiarity oil
,ope which is distinctive from previous
weeks. "Dun's review H"' wv
ing:
Fundamental conditions continue very
satisfactory. and except IN the secull'''9
market. which has displayed more OF ieS9
uncertainty. there has. been no change IN
the general feeling OF confidence OuII'"'
reports from leading mercantile ana III,
dustrial centres are especially cheerlu'
both as TO present operations and the I'M
mediate outlook. The remarkable winter
weather is producing different effects in
different localities and branches OF ousi-
ness, causing some recession OF actiN''E
i'm certain trades and an increase Ill other
quarters The absence OF heaNy sHo"
over the eastern part of the couIItr! ia.
been very favorable 10 railroad traihc ana
IN tbo first two weeks OF January gross
earnings gained l53 per cent over i''-'
when the same roads. owing 10 auNc''0
weather. reported "A loss Of IL per cent d.
compared with 1911. Foreign demand TOT
GOLD continues 4 feature and New YORK
has been called upon 10 part with SUB
siautial quantities of the precious metal.
These Withdrawals, however. nave nee"
without effect on money rates, when re-
main distinctly easy. Conditions III iron
and steel are practically unchanged except
for a slight recession in the volume %
new business. In drygoods there is
continued conservative progress. with
price advances announced In certain lines.
Increasing activity is reported IN the shoe
trade statistics OF bank ClearlnSs reflect
the prevailing activity in commercial ana
Industrial channels. total exchanges TINS
week being So per cent larger than last
wear and II 3 per cent above 1911. " Is
notable and significant fact 'hat AT tne
very time Of this large development III
domestic trade our foreign commerce con
tinues 10 expand. During the latest "eeh
the aggregate commerce OF the port o'
New York. inward and outward, was sal
7o6 sos against S2s.l2i,g9S In 1912, and vs.
oe5 Coz I'm 1911. This remarkable gain was
about eoually divided between imports
and exports. The latter totalled s-i'sso'''
an increase of 5,7s6,75i over 1872. ana the
exports exceeded the imports by '-'-'-'o-i.
The following is from Bradstreet 3
state of Trade:
weather conditions and tariff talk
have made for more irregularity In trade
reports this week, while financial tcehh6
has reflected marked changes III sthu-
ment proceeding from peace negotiations
nropressjng I'm the Near East. Hence
INSTRUMENTATION rather than general de-
scription Is necessary 10 Adequately por-
trav diverse movements. Moisture IN the
form Of rain or snow has been more
widely distributed this week than Tor
long time past, but this, while benehcidi
TO winter wheat az whole ana the
Southern and Southwestern winter sown
cereals. has retarded demand at retail
throughout wide areas and resulted IN
a continuance Of food conditions or OF
fears of damage in the ONO and Mlssls-
eippi valleys In other sections, notably
the East and Southeast, the weather has
been too mild for the best interests of re-
tail trade. which. however. has been o
tificially stimulated by clearance sales.
Jobbiug trade las varied with the sec
tions affected but generally speaking
orders catering 10 current needs nave
been of good volume, and hcsitancy H. me
wholesale lines has largely been because
Of "A desire 30 see more clearly into the
fun scope and effect OF tarin changes
which at present lave textile schedules
for their chief object Taken as whole,
a trade Wholesale and retail combined.
fully equal TO or slightly in excess Of last
January, which was a month Of dulncss,
is indicated, and the sections best stu
ated are those with past good crop re
suits. such as the Northwest, the South
west and parts OF the Central West. In
the Southeast trade and collections drag,
while in the East and Northeast active
occupation and good spending power OF
labor make for a good. steady turnover.
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