Salt Lake Telegram | 1902-02-22 | Page 3 | Trade Conditions as Viewed by Dun

TRADE CONDITIONS AS VIEWED BY DUN I Jobbers in in Sp i g Lines Have No NoCa Ca Cause se for Complaint NEW YORK Feb R 22 G G. Dunn Co Cos s Weekly Review of today says Along the Atlantic coast business business busi busi- ness was temporarily checked by the storm and some interior points also suffered suf from unfavorable weather bu but t consumptive consumptive con con- demand gives no evidence of ot abatement Prices of perishable goods advanced sharply and the whole range of f staple commodities tended upward Jobbing trade in spring lines of wearIng wear wear- Ing apparel Is of ample proportions and andall andall all heavy h rd ale and products of Iron feel the pressure in that industry Prospects Pros ate most encouraging as to the la labor Ia- Ia bor situation Railway earnings thus far reported for February sh show w a decrease of but 3 35 5 per perc percent c cent nt from last years year's s which I ii fully explained by weather conditions while compared r with c 1900 there Is an In Increase in- in crease e of 9 8 per r cent Bank exchanges for the week at the leading cities outside New York show a again gain of 1 15 S per cent over last year w while f ep the loss at New York is but 58 li per r rw cent from the total in 11 1901 which Is more than accounted for by a decreased activIty ity In the stock market While by no means Inflated beyond the point warranted by urgent purchases prices of pig Iron have made decided ad advances vances despite the opposition of leading interests The presence of numerous buyers I In the Boston footwear market has not produced pro pro- the desired volume of business The hide market is weak and duB Farm staples are remarkably well maintained at the recent advance In quo quo- Stock market operations were of only fall fair size and price changes small until Thursday when a severe break occurred on the announcement that the Attorney Attorney- General would proceed against the Northern North North- ern Securities company Much time mus must t now intervene before legal status of the concern is decided Liabilities of commercial failures thus far reported for February aggregate 6 Failures lures for the week number O inthe in inthe the United Stat States s again at last t Car ea and 31 n in Canada against 33 last year