Show CONSERVATISM IS RULE Prospect for Steady Gains and Their Maintenance Is Better New York Sept 4B G Dun Jt Con weekly review of trade tomorrow will say 1A striking contrast appears when comparison Is J made with the corresponding correspond-ing week of last year In trade Prices wore then tending upward In many branches of Industry new business wan coming forward more rapidly than It had been and In the security market all records rec-ords for activity and high prices wore being be-ing surpassed Later events have demonstrated that the situation was unhealthy and speculative specu-lative excesses have been followed l > y reaction re-action and readjustment Conservatism wan then the exception It Is now the rule Prospects for steady gains arid their malntonance are brighter under the present pres-ent system Legitimate business will continue to suffer from speculation nnd the high ralo for exchange will mllltale against Industrial Indus-trial expansion but In the long run a larger degree of caution should prove beneficial I Buyers arc still coming to the lending markets In great numbers and testify to the sound condition of business In the Interior In-terior Manufacturing plants are busy I throughout New England aside from the cotton mills and there Is a notable nc tlvty In wearing apparel at the South I while prospects for a large fall retail trade Is bright everywhere Already there Is traffic congestion at several points despite the fact that crops only have just commenced to move and railway earnings In August show gains of 98 per cent over last year and 174 percent per-cent over 1901 Unprofltably low prices have had the effect of curtailing production produc-tion in the iron and steel Industry More machinery will bo Idle next week at the cotton mills as tho raw material is coming forward very slowly and available avail-able stoclts are being held at prohibitive prices Wool Is firm at the Eastern mar I keats I Failures this week In the United States are 191 against 17C last week 23S the > receding re-ceding week and 200 In the corresponding week mat year and In Canada 7 against S3 last week S tho preceding week and 19 last year Bank Clearings New YOlk Bern J Irhe following table compiled by Bradstreet shows the bank clearings at the principal cities for the week ended September 3rd with the percentage per-centage of Increase and decrease as compared com-pared year with the corresponding week last Inc 1 Doc New York S 93121771 24f Chicago 157S6201 201 I Boston 10S17T 02 1 Philadelphia 1009212n K7 St Louis o 105711551 211 Plltsburg 3SiiSI02 lfiil San Francisco 22109016 > 2G8 Baltimore 193S7G91 211 I Cincinnati 1SC7S700 123 Kansas City lUoSOim 23 G Los Angeles o 5000180 422 St Joseph o lMiSyi 117 Denver riCn5232 3S8 SALT LAKE CITY 021110 5 11 Portland Or 282lsr > GI l Spokane Wash 1F5277G C07 Tacoma 17I2S91 215 Helena 70SM1 Wl i Totals U StIG9220i6l 112 Outside Ny 72S01S412 ILfi Tolils Canada 11571705 f 17 |