The age-herald., 1901-06-29
WEEKLY REVIEW IF
 TRADE CONDITIONS Jobbing Trade Reports Con- tinued Activity in All Lines LABOR SITUATION BRIGHT I Iron and Steel Markets In Marked Con- trast With Conditions Year Ago.
 Manufactures Unable to Stop
 Machinery for Repairs.
LABOR SITUATION BRIGHT

New York, June S.-R. c. Dun & Go. s weekly review of trade tomorrow will say:
 It does not follow because bad banking methods have caused one of the smaller New York banks to close it's doors with attendant circumstances that create dis cussion in Wall street, that general busi- ness in any way is affected by or Is re- sponsible for the closing. Even with a few irrftants conspicuous the situation is viewed with confidence. A few more labor disturbances have arisen, but others have been settled, notably the dispute over the tin plate scale Some disagreements in the coal regions at times assum a threat ening aspect, but the troubles have been local and do not affect the mining indus try. Reports from the country speak of disc, with the jobbing trade and embrac- ing nearly all lines.
 The fiscal year closes with conditions in the iron and coal indstury in marked contrast to the situation at the corre- spending date in 1900. Quotations were then recering rapidly without stimulating activity, idleness was the rule at furnaces and mills and wage scales were under serious discussion with employers and laborers organizations far apart in their views. This years difficulty is ex- perienced in stopping machinery long en- ough to make necessary repairs; prices are well maintained and steady without unreasonable imitation, while a successful season makes 1t possible for many con- cerns to avoid controversy by voluntarily reducing hours or advancing wages, and evidences of serious disagreement are the exceptions. Construction proceeds at an unbridled pace so that structural ma terial, builders hardware and kindred goods find ready purchasers. Railroad facilities are inadequate to handle in- creased trade ad steamship service is like wise affected.
 Footwear forwariings from Boston have averaged over 100000 cases weekly for two months raising the total for the half year to 2,35S521 cases according to weekly records of the Shoe and Leather Reporter. The largest previous total for the corresponding month was in 1900 and fell 154,151 cases short of the current year. Exports to Great Britain are a most satisfactory factor in the present movement. Some Eastern shops are so well supplied with contracts that deliv- cries cannot be promised before Septem- Der. Local manufacturers are running on short time or closed for stock takings Stocks in dealers hands are light which gives the market a strong tone. Leather is active and firm with hemlock sole in good demand. Upper leather is selling freely but not equalling the activity in sole, while hides at Chicago have made further advances and holders are in- clined to better terms.
 Wheat prospects are further improved throughout the entire producing region More satisfactory to the producer than evidences of a banner yield is the failure of quotations to show commensurate de- cline, for there Is good profit at the pres ent prices. Foreign needs continue the sustaining influence; in four weeks At lantic exports flour included, aggregate 1S669,000 bushels against 10.9S0076 last year and S934, ,63S in 1899 while Pacific exports were 3505, 400 bushels compared with 2.75s,97S in 1900 and 2,445.74o two years ago. Corn is supported by reports ,of injury and receipts are less than half last years but the export movement Is equally unsatisfactory.
 Wheels at textile mills are not general ly idle. Improvements in this branch of industry has come with a rush and man. ufacturers are making up some earlier losses. Gains are more conspicuous in the woolen goods division because de- pression had lasted longer and been more severe. As the raw material gradually sought lower level, mills restricted pur- chases in anticipation of better terms, except where orders for goods were se- cured. The clothing trade is now seeking mems wear woolens and worsteds and buyers find stocks little. Values have not yet hardened but there is little thought of lower prices either for goods or for raw wool In knit goods jobbers are taking stock, after which activity is expected. Last weeks gain in cotton goods has been held and there is more business than at any time this season. Prices are still unsatisfactory, especially in view of the further rise in raw material. Many re- ports of injury to growing cotton tend