New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-20
IRREGULAR UPTURN
SEEN in TRADE
Industrial Operations Slowly
Improving - Distribution
Less Favorable.

Commercial agencies in their weekly
reviews agree in seeing some slow i'm
provement in fundamental conditions,
which is, however, slow and irregular.
Industrial operations are steadily being
enlarged, but distribution does not
show so much gain. In textile lines
the tendency is toward higher prices:
"Duns Review" says:
Some further progress is noted in the dlrsc-
ton OF increased trade. although conditions
are Irregular and do not apply with equal
accuracy 10 all sections and all branches OF
business. The West owing 10 the great
demand ana high prices for wheat. is more
prosperous than other parts Of the country.
Conditions In the South have been improved
By the larger exports of cotton. but that
section SIN feels the effects Of recent de-
preston. and there are many reports 81 de-
laye1 collections and small embarrassment
In the textile trades there IL an irregular
development. some lines being much busier
than others but the tendency is toward
wider distribution and lrmer prices. Build
Ing operations are on a small scale. as COM
pared with other recent years.
Taking everything into confederation. while
the business situation Is still controlled by
conservatism. prompted by unprecedented
world conditions. II IL steadily calming in
strength and activity; and the rate OF prog
ress. while II seems slow from week TO week.
IL remarkable indeed when measured oy
months. Commercial failures this week IN
the United states are 90 against 500 lsSN
week 500 the preceding week and 1855 the
corresponding week last year. or these. go
were in the East 22l In the South DS in
tho West and siNty-nine in the Pacific states
and EOS reported liabilities OF 5000 or more
against ijS last week. Liabilities Of com
uiercial failures thus Far reported for Feb
ruary are ,e2.77s.7s4 against 81. o02 the
same month last year.
"Bradstreet's" has the following:
Fundamental factors continue TO mend. but
FOR the time being the increasing pace or
Industrial operations seems 10 loom larger
than does di~tributive trade. which mani
tests some irregularity. The speedng-up
process In Industrial pursuits IL not marked.
nor does II cover a multitude OF lines. but
Il is OF the STEADY. cumulative type, with
a tendency to reach out and embrace one
industry after another. Though the broad
movement Is favorable. there are number
Of industries which still lag the coal, lum-
Der and liquor trades being conspicuous IN
this respect. on the other hand. textile and
woollen mills. shipbuildng yards and plants
lions in the automobile industry are IN
CTeasing.
Country trade is he'd up by poor roads
or preparations for spring planting. and In
parts OF the country wet or inclemeht
weather GAters distribution OF general com
modIties but favorably affects distribution
~ rubber goods Some OF the Leading mar.
ke's hay. been favored by the presence OF
Visiting BUYERS and at such centres trace
mas held the gains recently reported. and
with the arrival Of additional buyers next
weeks reports NAV be expected 10 rehect I'M
proysment in house trade.