Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-06-29
DUN'S REVIEW OF TRADE.

Co.'s weekly review of trade tomorrow
1t does not follow because bad bank
ing methods have caused one of the
New York banks to close It's doors, with
attendants circumstances, that creates
discussion in Wall street. that general
business is in any way affected by or
at all responsible for the trouble The
country is undeniable prosperous and
with prospect of an abundant harvest
to supply our own needs, and increas-
ing the European deficiencies, the situ-
alton 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 assumed threatening aspect,
but the troubles have been local and
do not affect the mining industry. Re-
ports from the country speak of con-
tinued active movement OF merchandise
with the jobbing trade and embracing
nearly all lines.
The fiscal year closes with conditions
in the iron and coal industry in marked
contrast to the situation at the cores
ponding date in 1900. Quotations were
then receding rapidly without stimula-
ton and activity, idleness was then the
rule at furnaces and mills, and wage
scales were under serious discussion.
with the employers and labor organiza
lions far apart in their views. This
year difficulty is experienced in stop
ping machinery long enough to max
necessary repairs, prices are well main
tanned and steady without unreasonable
imitation, while successful season
makes it possible for many concerns
to avoid controversy by voluntarily re-
ducing hours or advancing wages and
evidences of serious disagreement are
the exception. Construction proceeds
at an unprecedented pace, so that struc-
tural material, builders hardware and
kindred goods find ready purchasers.
Railway facilities are inadequate to
handle expanding traffic and shops are
crowded with orders for new freight
cars and other equipment.
Footwear forwardings from Boston
have averaged over 10000 cases weekly
for two months, raising the total for
the half year to 2,35S,5 cases, accord
ing to keewly records of the Shoe and
Leather Reporter. The largest previous
total for the corresponding month was
IN lJUU, anu lCll lcf,loV SetNSo StOA~ -
the current wear Exports to Great
Britain are most satisfactory factor
in the movement. Some eastern shops
are so we'll supplied with contracts that
deliveries can not be promised before
September. Local manufacturers are
INnning on short time or closed Tor
stock taking. Stocks in dealers hands
are light, which gives the market
strong tone Leather is active and
firm, with hemlock sole in good export
demand Upper leather is selling freely,
though not equalling the activity in
sole. Receipts of imported dry hides
are light and prices we'll sustained,
while slaughter hides at Chicago have
made further advances and holders are
inclined to wait for still better terms.
Wheat prospects are further improved
throughout the entire producing region.
More satisfactory to the producer then
evidences of banner yield is the fail
ure of quotations to show commensurate
decline, for there is good profit at the
present prices. Foreign needs continue
the sustaining influence; in four weeks
Atlantic exports. -four included, aggre-
eating 100000 bushels, against TO-
980076 last year and S,034,63 in 1899.
while Pacific exports were 3,505. 400
bushels. compared with 2.753.97S in 1900,
and 2, 445,740 two years ago. Corn is
supported by reports of injury and re-
ceipts are less than half than last years.
but the export movement is equally I'M
satisfactory
Wheels al textile mills are no longer
generally idle, Improvement in all
branches of this industry has come with
rush and manufacturers are making
up some earlier losses. Gains are more
conspicuous in the wooden goods divi-
sion because depression had lasted
longer and been more severe As the
raw material gradually sought lower
level, mills restricted purchases in an
ticipatiOn of better terms except where
orders for goods were secured. The
clothing trade is now seeking men 8
wear woolens and worsteds and buyers
find stocks light. Values have not yet
hardened, but there is little thought OF
lower prices either for good or for raw
WOOL In knit goods jobbers are tax
ing stock after which activity Is ex-
pected. Last waek's gain In cotton
goods have been held and there u moro
business than e ~ tlme t1lis aooGon.
Prices ~ I'll - pcto9y. e1p1c161Iy
a. ~ q IN a1eler ~ u IgI1 -
0N Tn