The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1902-08-28
| New York.

OF numerous labor
controversies. yet the anthracite coal
strike situation is unchanged and sup
plies are nearing depletion. Distribution
of merchandise has met with some in-
terruption owing to freight blockades, the
volume of business being very heavy.
Statistics of pig iron production on Aug.
l, according 10 the Iron Age. are more
satisfactory than might have been ex-
pected, in view of the great scarcity of
fuel. a weekly capacity of 336. 46J tons
is 1o,599 tons less than the high record
of May L. it is true. but compares favor
ably with all earlier dates and shows an
increase of 32.61S tons over the OUTPUT
a year ago. These figures by no means
suggest a serious setback in the indus
try, but rather emphasize the abnormal
condition of demand which finds such a
heavy yield inadequate. Southern fur
naces have contracted so far in advance
that they practically have withdrawn
from the market. and all dates for de-
liveries are remote except where foreign
arrivals are offered
X. g. Dun & Co.'S Weekly Review of
Trade makes the foregoing summary Of
the trade situation. Continuing. the re-
view says:
Pressure for steel is undiminished. and
the urgency of domestic consumers is
shown by additional imports of large size.
Structural material is sought by carshops
and bridge builders. while many office
buildings and other steel structures are
planned. Coke production in the Con-
nellsville region exceeds 100000 IONS
weekly. and outside ovens are also sur
passing all records of activity. Yet ship
ments are unsatisfactory. causing fire.
Quent delays.
Shoe manufacturers at the East have
received practically the fall orders that
will be placed, and new business is new
restricted to sample orders in spring
lines. Leather has again risen in price
and sales were heavy during the past
week, not only in sole, but also upper
stock and betting butts. Recent violent
advances in hides have been fully main
tained, and large transactions occurred.
while heavy Texas steers reached rev
record price. Foreign dry hides nomi-
nally advanced, without actual trading.
Despite the very favorable reports from
dry goods jobbers regarding the volume
of business transacted, and the bright
outlook for fall trade, conditions in pri-
mary market and at the mills are how
devoid of incident. Buyers are still gov
erned by the impression that large cot
. ton crop is assured and the resulting
lower prices for raw material will bring
better terms for goods. Holders thus far
have made few concessions and conse-
quently trading is dull. except specialties.
Considering the official report of cerea!
crop conditions the firmness of quotations
during the last week has been somewhat
surprising.
Bradstreet's says:
Wheat. including -four, exports for the
week ending Aug. IA. aggregate 4.591,-
sos bushels. against 4.2II. 1863 last week
and 9,OS9.I61 last year. Wheat exports
since July l aggregate 26. 800. .OOS bushels,
against 44.OT1 .99S last season. Corn ex-
ports aggregate 93.423 bushels. against
IO.611 last week and 50S,S01 last year.
For the fiscal year corn exports are 651,-
S44 bushels. against 9.227, ,16S last sea-
son.