New-York tribune., 1902-10-11
CONDITION or TRADE.
"plu's Review says.

Favorable symptoms still prodominate. and the
LH-lu,.s outlook b. euC"UrHEiuE. despite the ad-
l,IS .a a, -, TIIt ~. dr.v.t,acI,s have not
-Iy ch+cN'd industrial progress trstiies To th
NM tilrrI,,- ulartS dsDsndGnt upon steam for
.t,'r7 drdine pronts cirtailed by tn.
high prices for fuel ana. unless normal conditions
are soon restored. II will BE- necessary to secure
ADEQUATE transportation is also dstuTolEs as thSre
anthracite coal mining is fully resumed and grain
viii aud great difficulty In meeting All require
m.lt~ desp. vigorous enorts 20 increase tdclhties
. f ,i-r y.b,1e ., ,t Tew-york for the week
per cont over those ~ 1900 while al other leading
tIyeI- DGr.s index number Of commodity prices
prop"ruo'"d % e'gslmpti"n was 1''9t' On 49, 10
position "f September L. Last month advance
"as about 'Gut'nt to & tnr "r1i"y ] rJI ri4,rf
while tine previous fan Was due 10 cheaper bread
Frodurtiea Of pig iron on October wa. at The the
rat" of aH'3 tons wgyA5i "e''tuliS 70 Wy SO,
lasrrt-. compared with the 55lsS tons output on
;, ptember D. but q loss from the high record Of
a-. ra These dgurts have lost their great value
try owing tp tue artificial situation produced by
fuel scarcity ana iron imports II IS certain that
an rre'rd- OF pig IRON Pr'dG[ii@H "@UlI I. nf 5
r.potte "r active furnaces measure the available
supply uf coke. rather than the demand for pig
m.v rIliaes rs ta t,rIr rates che,ked arrivals OF
I'll I.ri"fs EsiIU.y eaIipmeut is stilI the most
material while orders are placed Tor far distant
Iieh pr, niuus are offered for locomotives. hut the
works have thrir books allied vel init next yea
have not been followed bv any weakness in other
branches os thu trade while an improved demand
Is reported i'm the lines making concessions.
~Rradstreet'-" SAYS.
cooler weather has brought the coal supply, ques
80. E..Fr mil Of
,his has dwarfcd an other matters In thr pubic
eye There is "a possibility however. that the ten
dcrtv TO sxassertion may he carried 10 extremes,
and that "a matter bad enough al best may he
made wors" by injudicous talk Special investi-
cities and industrial centres east Of the MIssisslppi
to indicate that. aside from The damage to gen
tTdl business caused IN the ,oSI Iti'", @, ,t,,6
hy the idlenesS ~ on" hundred ana t'l.y mo- 5
industrial workers the coal strike as Yet mas ptth
the cause OF much smaller displacement OF IN
dustTial workers thau Is Ethrraly lpg sulpIei, M
noyauce and extra expense To manuIact turtTS.
80, 5rh ,l,,'tatiItt~ 'of tbs American manu-
- Ti,.b Soft coal of foreign and domestic origin
coal with surprisingly little friction Iron smelt-
ing alone Of All the great industries has ben ssri-
ots,y c.rtailed. though brick manufacturing has
suffered and small hand laundries nave ettn
Pennsylvania. brickmakers in and near the Hud-
son Valley and large number ot GoaI bi AT
men. or only one-seventh of the number OF actual
more ease In coal prices. and. although the ten
dency Of many coal dealers is to charge all the
traffi will bear small supplies of anthracite for
domestic purposes can he had at muth less thdn
ostrnsible market rates Uneasiness as 20 future
,uI,lies OF fuel is widely noted. and n is worth
mcntion that the scarcity Of coke at the West
tbis being entirely distinct from the anthracite
shortage and due To- ear shortages complained of
throughout the entire ycaT-is dtsplaClng some in
dustriaI workers in the iron trade sort coal has.
however. weakened. and even with the continu-
of the strike until cold weather THIS product.
vhicI, is being rushed to market I'm immense guam
titles will probably decline further because of
the nrcssure of supplies OIL both crude and illu
minating has advanced i'm price The readiness Of
substitutes for the hard fuel To materiaize has
ra th.r SURPRISED some observers IL - claimed that
anthracite fuel has sustained a blow II VIII not
readily from.