The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-10-05
Wage Agreements Reduce the Number
of Strikers to a Minimum i'm
This Great Industry.
SPECULATIVE MARKETS REACT
THIS Il TRUE or ALL EXCEPT THE
FUTURES On COTTON.
Movements of Grain, Textiles and
Footwear Failure StatisticS-
Bradstreet's CIearings Table.

NEW YORK. CT. 4-R. C. Dun & Co.'S
weekly review of trade tomorrow viii
say:
Trade channels are remarkably free
from obstruction although the movement
OF goods at some points is checked by in
sufficient transporting facilities This is a
tribute TO the unusually heavy shipments
which are shown more definitely by rail-
way earnings in September. % per cent.
larger than last year, and le.7 per cent.
above those Of 1889.
Manufacturing is Of such vigor that
few wheels are idle. and further wage
agreements have reduced the number OF
strikers to a minimum. Mild weather. yacht
races and other temporary influences cur
tailed the volume OF retail sales in this
vicinity but jobbng and wholesale con-
Germs are preparing for exceptional trans
actions. Foreign trade also is heavy.
Nothing new has developed in regard TO
the iron and steel situation. and with the
mills crowded I'm their efforts TO overtake
cOnsumptive demand there is little prospect
OF any material change in the market for
some time. Contracts for an enormous
quantity OF steel rails. deliverable next
year at current quotations. indicate the
general confidence i'm the stability OF prices
and the expansion Of railway facilities
required to meet the growing needs of the
country. Finished steel and pig iron sales
are of satisfactory volume.
Steadiness il still the feature IN textile
markets. Sellers are not making any con-
cessions ia prices and buyers 10 -. force
matters. There was tendency 20 hold
back the placing of new business. partic-
ularly in the cotton goods division. This
was attributed To expectation OF changes
in the price of raw material. Recent ad-
vanced quotations are held and exporters
small reduction asked. New orders for
WoOlens are slow. but buyers complain OF
late delivery on old contracts. This might
result IN cancellations II the demand was
not uniformly brisk and dealers unable 10
secure goods elsewhere. " AOOl cOh. for
ward freely and supplies are ample. a
snght advance 10 lp4c was reported m the
average price of one hun a grades on
oct. l, according TO Coates -srOs.' circular
Supplementary orders for winter foot
wear made the situation rather more satis-
factory than producers anticipated, while
Jobbers are unable TO secure goods TO fill
orders. Hides were violently advanced TO
the highest prices OF the year.
STAPLE products have declined moder-
ately as a rule. with the exception Of cotton
and pork products. The variation was
that cereal was inflated much more than
any other commodity Exports have i'm
creased, Dut are Slll small Tor the week
only S43,374 bu going out from Atlantic
ports, against 2.1446lO last year and 2.992.
z:2 in 1899. Wheat also was easier. partially
because OF cOnlhClng estimates OF foreign
crops and needs, while exports from the
United States were smaller than In the
preceding week. especially as To flour ship
ments. There is still a good showing in
comparison with earlier years. 4.5Z3.4f0 bu
going out, against 4,lS3. .s03 in 1900 and 1856
645 two years ago The great size of the
domestic wheat crop this year Is indicated
by interior receipts of S,4ll.715 bu. against
6 .I39 5S4 last year and 6644, ,ll3 i'm 1899.
cotton was easier until the official report
appeared. when the new condition caused q
sharp advance.
Pa ailures this week number 205 I'm the
United States. against 20S last year. and
thirtv-seven i'm Canada, against twenty
three last year"