The Montgomery advertiser., 1902-05-03
WEEKLY TRADE REVIEW
LAHo1,s MAY DAY UNREST \ DIsTURBrNa FACTOR.
Two Large Strikes Were Averted and Several Smaller Ones Settled, But Many New Controversies
 Have Begun.

New York. May s.-R. c. Dun and Go. . weekly review of trade tomorrow will say:
 mence on May 1 were averted at least temporarily and number of smaller ones were settled. but many new contro- versies have begun. This labor factor Is the only seriously unfavorable one in erable influence over the volume of trans- actions and also tending to unsettle con- ndence in seasonable merchandise, espe- cially dry goods and clothing Warmer outdoor work is prosecuted vigorously. Collections are more prompt as rule, fewer extensions being asked. Shipments are less delayed by traffic congestion and railway earnings thus far reported for Consumers of finished steel products are compelled to place orders subject to the convenience of manufacturers. An un- precedented amount of railway work Is being done while the erection of new if material were ay valuable. Pig iron has worked up to a higher point, Bessemer
 commanding $20 at Pittsburg on deliveries within six months owing to the full con- tracts held by the furnaces.
 better volume of orders taken by New England shoe shops is one of the most encouraging signs of the week. Slight concessions were made on a few grades. but the general level of quota tions Is fairly well maintained. Jobbers are stifl slew to place fall orders hoping that better terms may be possible next month Steadiness in the leather market does not tend to encourage expectations of cheaper shoes. however especially In view of the frmuess of domestic hides.
 with another rise in imported grades. Exports of leather continue larger than a year ago.
 jobbers in dry goods have felt the ef- Anko AZ xx,oo 41zox nvS1 n sclr rnA<. has been done at steady prices, although no general advance has followed the rise In raw cotton or the restricted operations at wooien mills. Weak silver has cen
 tinued to initiate against exports to China.
 Cereal prices have been less inflated bv speculation than they were last week, yet high level was maintatned and only
 slight reactions occurred. The general tenor of crop news was much more en- couraging. aside from Kansas dispatches which indicate that wheat needs moisture although corn and oats have good pros poets. Good foreign crop conditions were calculated to- weaken the tone, yet States. flour included amounted to 5,579,0s7 bushels. against 4,132,357 a year ago. Recent attractive prices have brought corn to market more freely than in preceding weeks but receipts of l,6SS.- 05o bushels for the week fall far short of 2,71s 564 in this same week last year. The comparison as to Atlantic exports are still more striking. only 15f754 bushels going out during the week against 2b6o,- 211 a year ago.
 Cotton continued advancing until there was a gain of $S.10 bale over last year figure when trifiing reaction occurred, but the tone continued strong.
 Failures in the United States this week were 225 against PIP last week. 26l the preceding week and 226 the correspond- ing week last year and In Canada IT against IS last week. 2i the preceding week and 24 last year,