Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1902-03-10
r. G. Dun e. CO.'S Review.

r. G.. Dun & Co.'S review says:
Unsettled weather was the most unsatistac-
tory feature Of the business situation. A sudden
thaw following an exceptionally heavy snow
fall produced freshets and foods Manufac-
turing and transporting interests suffered Se-
verely and consumers were urgent Tor snip
ment OF delayed goods, while great quantities
of merchandise became stalled in transit. Prep
arations for enormous spring trade continue
undiminished. There is still some uneasiness
and at FAN River there is disagreement as to
the length of a cut of cloth. although increased
mot only is there no Improvement to be
recorded in the iron and steel outlook but
pressure by completely closing many plants
and damaging much costly machinery. Supplies
Of coke failed to increase because the railways
were badly dtsorganized, and the net result was
a week OF light output when requirements
were notably heavy. Recent destruction by the
elements makes an unusual demand for struc-
tural material, and on spot business buyers
gladly pay premiums IF sc a ton above list
prices The situation become abnormal
that 1t is impossible to gauge the market ~ or
binary standards or secure quotations Of any
value for comparative purposes. The encourag-
ing feature Is that DESPITE present exorbftant
prices, the speculative element is not prominent.
and orders are accepted for distant delivery
with no effort at imitation. Coal shipments have
been curtailed to such an extent that dealers
supplies are low and quotations very strong.
Nothing new has developed in the foot
wear Industry. Eastern shops still working
on old contracts, but buyers are delaying the
placing of fall business in expectation Of
securing more satisfactory terms Shipments
have fallen below the figures for the same
week last yeaB but since January there still
appears a good increase over 1901. Leather
is weaker and hides declined another fraction.
Cotton goods are we'll sustained, the strong
er material giving all the advantage to
sellers, but there is much uncertainty as to the
labor situation. This tends to make the mills
conservative regarding the acceptance Of con-
tracts for future delivery.
LESS activity is reported in the market for
woolens, buyers having apparently completed
their first round Of orders.
''All staples steadied and some rose sharply,
the net changes for the week amounting to a
considerable advance 1t was natural for grain
to hold firm when wheat receipts at the west
were 2 SOS, 344 bushels, compared with 3,I4I.S52
last year. while arrivals Of corn were but 2,00l,
914 bushels against ), 020, 43S a year ago Ex-
ports of wheat, flour, included, were 4174, Se4,
against 3,1S5, 0S2 in the previous week and s.
715 $50 "a year ago. Even corn went out more
freely Atlantic exports exceeding 10 per cent
of the movement year ago, or S1,SO4 bushels,
against 3. $751; 43S.
Speculation was quiet with many guesses as
to the coming report OF farm reserves. For
the first time in the crop season cotton showed
an advance over the price at the corresponding
date last year. and 1t is significant that the
higher figure failed to attract heavy selling at
the south.
Visible supply statistics Of coffee were cal
culated to depress the market, but there was a
recovery, which may be attributed to gloomy
cables from Brazil regarding the outlook for
the new CROP
Failures for the week numbered 176 in the
United States. against 20S last year, and II in
Canada, against 26 last year"