Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-04-20
DUN'S REVIEW OF TRADE.

NEW YORK, April 19.-R. G. Dun &
Co.'S Weekly Review of trade to-mor-
row will say:
Favorable crop reports, heavy bank
clearings, record breaking earnings, a
large distribution OF spring and sum-
mer goods and easy collections give the
business situation an encouraging as
pect. Wall street speculation does not
yet discount any approaching reaction
in commercial lines and the market
seems to- have turned the corner at least
for the present. Cotton and WOODEN
goods retain their gain of last week,
though partly on account OF the idle
ness of many mills. The wool market
is steady Notwithstanding the absence
of demand from large producers of
goods.
Aside from the uneasiness caused by
labor controversies no setback has APP
peared in the leading industries. Con-
dltlons OF supply and demand are SINH
lar TO those existing for the past few
months; in some lines purchasers are in-
creasingly lm%portunate. while in others
there Is slightly less urgency for prompt
shipment, but in all branches OF ion
$500 AhA lC40A CAlktIAS ait
much in excess of available stocks. Re-
cent evidences of large grain crops has
brought agricultural implement makers
into the market for bars, and many have
contracted for their entire years sup
ply. Another feature was the greater
activity in structural material for
bridges and buildings, while the large
tonnage of steel rails already placed did
not prevent further orders. The recent
advance in plates failed to diminish
business. Faith in the future is evil
denced by more plans for the erection
of new mills with enormous capacity.
Shipments of boots and shoes from
thee east declined to sc, SAT cases, against
95,453 two weeks ago, but there stil.
appears a good margin about the move
ment a year ago. Contracts are I'm
evenly distributed, many shops having
orders for some time, while others are
seeking business The general situa-
ton is much more satisfactory than a
year ago, however, for then not a third
Of the capacity was being operated.
Prices on shoes are maintained, but the
reduction in boots has become general.
Local manufacturers are receiving bet
ter orders and some idle shops have re-
sumed. City jobbers complain OF the
backward season. lne leather market
has met with further reverses, especial
ly in the light weight division. A bet
ter quality of hides is offered at Chicago
and quotations tend upward, although
tanners are not buying freely.
The outlook for this years crop of
cotton has been ascertained by a care
full canvass of the Southern States. Cor
respondents of r. G. Dun G. Co. report
that planting averages about two weeks
later than usual, owing to heavy rains.
While there is reaso to anticipate a
large acreage. cancellation of many Or
ders for fertilizers show that the sharp
decline in cotton prices had the bene-
fetal result of restricting operations to
some extent. Planters have encounter
eu some difficulty in securing sufficient
labor owing to the great demand In
other industries. and it is expected that
the cost of planting and picking the cur
rent crop will be greater than usual on
this account. Georgia mills are run
ming full time, while in other Southern
States there Is much reduction. Port
receipts continue largely in excess Of
last years, but prices are Leld steady
by better foreign purchases and less ex-
pectations of a record-breaking yield in
1901.
Failures for the week numbered POS
in the United States. against 1874 last
year, and II in Canada, against II last
year.