Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1902-01-21
New York.

-! Indicate tnat the hopes of
continued prosperity so generally enter
tanned throughout the country are fatla-
cious. The one place where there have
come 10 the surface conditions disagree
able 70 contemplate is Cleveland, where
Il has long been suspected by banking In
terests that trouble. was brewing. The
dlfculties of the Everett Moore syndi-
cate and their consequences are purely
local. They are not due to any weakness
IN business IN the country nj large. The
same observation applies with equal force
TO the rubber situation. which has been
the subject OF wide comment in the East.
1t is a source of relief to merchants
and manufacturers that transportation
facilities are easier, now that the holiday
trade, the greatest in the country's his
tory, is finally disposed of, but these fa-
cilities are not equal yet to the require
ments of the vast volume of business.
The railroads have not yet delivered an
the structural material which has been
delayed in shipment These delays have
interfered seriously with building opera
tions in many quarters. Nevertheless or
ders for this kind of material are pouring
in on the mills. This is Il good n5icat ton
of activity in building during the coming
summer.
An idea of the magnitude of the new
equipment which railroad companies are
acquiring may be gained from the fact
that one of the largest car manufactur-
ing companies built in 1901 65.ce0 ears.
Of which only 500 were passenger cars.
and that orders in this Industry continue
s.Nl asN. 4 L
ing to the farmers of the Northwest, said
the country has outgrown the capacity OF
most of the trunk lines.
The rail mills are kept so busy by home
orders which it will take a long time TO
fill that little attention is being paid u
foreign business. The English mills have
been able to get an order for 10000 tons
of rails for Mexico because the American
steel men did not deem it worth their
while to make Il bid. 1t is understood
that the mills are receiving liberal orders
to be illed during the second half of this
year They will not be for the present
the active competitors in foreign markets
that they We're few years ago. a
The freer movement OF coke has ena-
bled some of the blast furnaces to resume
work, and the situation in that respect
is much improved over week age.
Prices of wire nails have been advanced
10 cents per keg at Pittsburg, aud it is
believed that quotations will be perma-
nently higher, as the outside concerns
appear to be working toward an agree
ment with the trust After cut OF 30
cents per keg this is the first step in the
direction of Il recovery.
The minor details show no special ae-
tivity. The Amalgamated company has
not made a further reduction in prices
although the independent companies con
tinue to cut urder its figures, Fears are
expressed IN England that the end Of the
copper embarrassments has not been
seen there yet.
The shoe manufacturers are fairly busy
on spring and summer goods. There are
no signs as yet OF lower prices. The job
bing trade in woolens shows slight inn
provement. Prices are as high as and
in some cases higher than they were Il
year ago. The cotton mills are active
Reports from the dry goods trade indi
cate that advance orders for the current
year are greater than at the beginning
of 1901. Country merchants are not
backward about buying, and that is u
satisfying proof Of the soundness OF con
ditions in The small communities.