| Show A STRONG BUSINESS SITUATION Low temperature has stimulated general gen-eral trade conditions throughout the country retail trado was accelerated by clearance salen and traveling men resending re-sending In large orders for spring goods the volume of advance business surpassing passing the customary amount for this season Thus Dun Co report The fuel shortage is the one serious drawback draw-back in the Industrial situation The Iron and steel malt are quiet but this means only that the uncertainty about coke and coal supplies makes uncertainty of delivery The demand for structural steel Is large and demands de-mands from carbuilders are phenomenal phenom-enal Practically the entire capacity of the leading plants Is already booked for six months Only moderate fluctuations have occurred In the great staples with the tendency upward Failures for the week numbered 207 against 331 in the corresponding week last year Bradstreet reports expansion In export ex-port trade and a gain In strength In the domestic situation Large spring orders or-ders show I desire to Insure delivery and confidence In a heavy spring business busi-ness Increases as that season approaches ap-proaches Wool Is strong and available availa-ble supplies are closely held The great mass of staple prices generally maintain undiminished strength Copper holds nearly all oC the advance recently gained despile bearish statistical features I fea-tures Business failures for the week number 232 as against 336 last week I and 291 In the same week last year The bank clearings in New York show the expected influence of the enormous enor-mous semiannual dividend payments there being an Increase of 215 per cent in their volume compared with the corresponding cor-responding week lasl year The gain in the cities outside of New York was 22 per cent The gain in aggregate was 14G per cent This city shovcflaIoss of 24 per cent which Is I trilling the business busi-ness situation here is strong and the volume of trade greater than ever As one would naturally expect from the above summary of the commercial Industrial and business situation thc New York bank statement Issued yesterday yes-terday was one of marked Increase In strength Loans private deposits specie on hand reserve surplus U S deposits I all Increased by tens of millions and money on call was not called There Is 1 an ease In the financial world that Is In pleasant contrast to the discontent and unrest of a portion of last month The new year Is opening grandly for the business of the whole country |
