Review Of Trade

New York.- Duns' review of trade says: Ttungs look better hocause it is believed that a new loan will be negotiated. There was ueed for reliel sinee January closed with the heavíest exporta of gold ever made in any month and the heaviesl. wlthdrawal of gold frum the treasury. $43.168,108. the nope of a new loun being the one thing which has lifted prioeaal all. January leaves behind it Ihe lownst average of prices for all commodities ever knowu. Industrial operations have not materlallv dimlnlshed, though it has been a disappoiriting month because the general revival expected baa not oome. The continuing drift of money to New York shows scunty commercial demand in interior and no improvement appears here ín oommercial loans, in short, busioess is still waiting and nnds reaaon for heaitatton in the conditlon of the treasury. Speculation has not tavored producers. Jion and teel look less enoouraging at the east and the demand is disappointmg. but pnces are not weaUer. At 1 ïttsburgand the west a largor demand appears rex tile manufacturera cannot score improvement, Fallurea for the past week were 3:4 in tbel Blted States, agalnst 870 last year. and 54 in Canada agalnst 5a last year