Salt Lake Tribune | 1911-12-23 | Page 17 | dun's Review of Trade

DUN'S REVIEW OF TRADE. No Channc in the Favorable Situation of Business. NEW YORK. Dee. 22. R. G. Dun Co.'s Weekly Review of Trade tomorrow will say. The holiday relall trade h.s been satisfactory sat-isfactory and in some of the cities In excess ex-cess of former years, revealing noteworll.v . ability and willingness among consumers I lo spend. Wholesale operations nulurallv arc held somewhat In che.-k bv I be boll - 1 day trade and by the settlement Inri- I dent to the close of the your, but t'oere ; is no indicated change In the more f- ) vorahle situation in business, which has been progressively manifest dining the last few years. The bright outlook In iron and steel Is enhanced by prospective large purchases of rails, orders for fully 500.000 tons being: be-ing: expected In the immediate future. This tonnage will embrace contracts from several prominent roads. while other equipment is being taken freelv. Considerable Con-siderable bridge work is coming out and the Pennsylvania car order will require I 24.000 tons. J Producers now find il possible lo establish es-tablish a firmer price basis and the recent re-cent low quotations In structural material have disappeared, although attractive business is still open lo concessions. While Immediate business Is seasonably quiet, the undertone of Ihe cotton goodi; market indicates slow but steady improvement im-provement In the volume of distributions. distribu-tions. Exports lo miscellaneous ports continue good and some small Red sea buying Is being done. S'hinmnnts to China last week aggregated 3400 bales. Steady Improvement continues in fno mnrket for woolon and worsted goods, a. good duplicate business coming In on dress goods. In t lie leather market occasional concessions con-cessions are reported in a few descriptions, descrip-tions, principally harness leather and shoe upper.?. Other kinds, such a. sole leather, offal and calfskins, aro decidedly strong.