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Show IMPRO -., ! TRADE . . '' tip Financial - " Thrcu "io Dun Dun's Review saj ! closing Jan. 21st: J 'Improvement In i : tlons has been a maraud p.. wit In the past few days, and vu some ex- tent has been accompanied by a mono active trade distribution, nlthough thp Industrial contraction of tho last halt oar Is still In evidence. The Jiank I statements report a laigo supply ot available money .though tho Rank I ot. England still maintains Its I1.- per L demand for bonds, especially by In-t In-t stltutious; tho new New York City L per cent rnte. There Is a moro actlvo F bond issue seems to bo favorably so-I so-I celved, and an accretion of strength I Is shown by tho securities market. I 'Ibis Improvement Is reflected also L In the more encouraging nspects ot T tho Iron and steel market. While pro-k pro-k ductlou Is still only half or produc-T produc-T lug capacity, and thero Is no decided I change In conditions, yet theio Is new expoit business of note and Increased f buying by tho railroads. Copper Is plighlly weaker owing to tho fact that T Btocks aro heavy notwithstanding tho I big woild consumption. Conferences I have been hold by cotton goods manu-J manu-J fncturors to consider curtailment of k production; but, on tho other hand, T the week shows a hotter wholesalo I and retail distribution nnd the oxport I trade has beon especially good dur-I dur-I lug tho pnst two months. Incrcrisod 1 orders uro also reported In tho shoo T market, Imparting greater confidence h in thn trade. Moro attention Is given T to the winter wheat cot"' on tho whole, appears excellent, tho I absenco of sufficient snow in some I states being compensated for by tho f ample rains which have moistened tho 1 ground In nearly nil sections. Rnllroad T earnings now compnro favorably with 1910, tho record for tho first week of T January making a gain of 4 por cent. Rank clearings outside of New York I during tho past weok decroased 1.3 T per cent, from 1910 but gained 9.6 m per cent, over 1909, while In Now T York thero were decreases of 26.7 -4 n,nd 1 3 per cent, respectively. |