Show BUSNESS BUSINESS VERY ENCOURAGING Opening of New Year Sees Cred CredI CredIt I It and Confidence EstablIshed on a Firmer Basis PROGRESS SLOW BUT STEADY or of or of of r Nf Yo Jul 1 O 0 Du Dun Duns 0 s Jw it et T Tied t tt hew will Mar 1 t w and a are agaIn A C al I on eA a AN l belts at t t the opining ot of th the nw new year er than at t ay any time In Inthe inthe the I itt 41 t is sll al and naturally slow but is III I vel very I mb fe an and MU tOr IR lines Th The ato state I met meat o of commercial failures t this week clearly shows a gradual wearing wH oly W Ju away ot of th the effects ot of the tho financial ne of the er riy months ot of lat latr last pre year r ald and this II Improve un on denying colton conditions ODUa conservatism operations In til marketa tb the development I iS along Iro sao marI week are not net lines In prices Otte wM lre In significant but lut gelly generally In Ih the Lion of ton Iron and nd Itel steel mis mills continue wel well c coUlle 00 booked on boke and ld new orders are being acme orel ot of tm them to for a considerable IlicI quantity Im Some lle large seTha ot of Ill pig Irn Iron are r noted this week an I il further de do domand mand I Is expected x 11 8 as tb the year Mr av man Additional wok work li is In mills but increased orders are Inore ors mUIl when spring building begins Additional have been pt put tn In orton Ther I Is evidence or of activity In the Iha dry goods trade The easier dr er JIl tendency In hl II is due to the seasonable bl deterioratIon ot of th the present Ue takeoff sad 1 not noL to toay ay any l inherent ert In the th marKt market holders generally eral a are Irm Thee rhe I ItnA ii a tendency t to In the foreign m mar kits In continues dul dull but prices 1 kt IL of moet ar drip In Uon mo of a renewal ot of the demand ater slier I Ithe Lo the middle of Ih the month |