Show 1 TRADE A E GON CONDITIONS I ARE RATHER ER QUIET QUIETA A Moderate Letup in Commer Commercial Commercial cial Activity Is To Be Expected Ex Expected Expected at This Season NO SHUTDOWN THIS SUMMER t of or Is AItt Hy fly 1 G I New N w York tork June UH 0 O Dun Vun DunCo k lo Co Cof Weekly Ve kly tell of ot Trade TrAil tomor tomorrow row ma ro will Mill Mr liT MrA liTA earA A moderate reduction In commercial activity U Is to be bO expected at this time Iliac of the year hut hit confidence lit tn the tha future Is I to so 4 strung that there theN Is 19 evident relue tance to assume ly quiet oon non This attitude U Is t most moat pro pronounced pronounced In the Industrial world prep preparation stations u for Or fall fail unit winter distribution dt being on an ao unprecedented ale and several leading that the customary summer shutdown will be entirely omitted or curtails 1 to the tile extant necessitated by II repair The heavy hos hla movement of or merchandise e U hi I attested 1 by II an en Increase In railway earn Nun earnings ings lItRe hI thus tar fir r reported fur for Juno June of or 11 lIS S Sl l Ir er cent OWl the of 1 S and anti foreign at this t tort ort for tor th Ibl the last lut M k shows a 1 gain ln of nt in exports nud a 1 decrease e of ef In as a compared with the movement mem a year ago I O All classed ti of or farm rUin except cotton ex AX exported x ported more mor freely In lit May 11 than t In tha th month last la ft year ant All the Ine lo loss MS s of or X o t JI iK In failed to 10 prevent a It Kiln gain III In all exports export of while Imports showed hot an 1111 of or river over U over owr the correspond lug lur month of VA 1901 That rhal hides will Mill probably mAintain their strong p ru Is U by contracts contract revering covering the entire output nt of four large during the balance 8 of the year ar for native deem at full price IrlI Foreign dry hides are resold refold to tol l at AI prices titan than are offer offered ed il 1 by hy domestic tanners tanner Failures this thin week numbered ItS Inthe In Inthe the I States M agaInst 29 last eirand and nd 15 31 In Canada compared with lIh S 5 a 1 I I year jear ago ai |