The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1902-10-30
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N6V IDIk strike removes the only Sc
0' rious handicap to Industrial
progress. Five months of restricted fue!
production had begun to check the wheels
at many manufacturing centers, whiio
there was perceptible diminution IN
consUmptiye demands. as the purchasing
power of the wase-earners steadily de-
creased Savings have been exhausted.
and much money has gone out of the
country because Of this struggle, bur the
nations remarkably strong position as
sures speedy restoration of prosperous
conditions. The foregoing is from the
Weekly Trade Review of X. G. Dun &
Co. 1t continues:
Transportation is now the worst fen-
ture, and threatens TO continue disturb
ing. While the grain crops are being
moved the supply of rolling stock and
motive power will prove insufficient, al
though every effort is made at the shops.
liberal premiums being offered for early
delivery. That the railways are well &C.
cupied is evidenced by earnings for the
first week of October 3.5 per cent larger
than last year and 100 per cent above
1900
Inadequate supplies of fuel caused fur
ther banking of furnaces. but the effect
OF decreased output of domestic pig iron
has been partly neutralized by larger ar
rivals from abroad Practically no price
can be named for immediate delivery Of
home iron. and there Is no disposition to
make concessions for distant contracts,
owing to the abnormal coke situation
Fortunately there has been little inter-
ruption at finishing mills. and the output
OF rails, structural material and kindred
lines is well maintained. Consumers not
cnly find difficulty in securing steel from
the mills but encounter further delay
on the railways, which are unable to ham
die freight promptly. Orders come for
ward freely for the heavier lines. numer-
Gus contracts being offered for steel rails
for next years delivery, and the plans for
buildings and bridges keep lot OF busi-
ness in sight in beams. channels and an
eles. Plates for shipyards are also sought
freely, prices tending upward ON tank
steel Higher freight rates have check
ed imports of finished steel
Footwear shops are actively engaged,
many producers having added to their
long list of orders, and while practically
all the New England manufacturers ere
eSSuANu tAfIC UP " tiAS Nho VI eiA~
year. they are also taking orders for ds--
liveries in March. Prices are EASILY
maintained. Leather is slightly weaker,
owing to the sharp fall in hides, which
has been accentuated by the poorer quail
ity now coming on the market. Large
imports have weakened dry hides In
cotton goods the feature was a purchase
of about 100000 pieces of print cloths
Failures for the week number 206 in
the United States. against 229 last year.
and "a in Canada, compared with 81.
Bradstreet's report says:
Wheat. including -four. exports for the
week ending Oct. 16 aggregate 5.240,6SS
bushels, against 5.645,1119 last week. 81
536,Ol3 in this week last year and g. 1885,
6i3 in 1900. Wheat exports since July 1
aggregate 1871, $50 bushels. against 95.-
103.917 last season and 55,302, 165 In
1900.
Corn exports aggregate 1SO.6I4 BUSH
els, against 1SO.35S last week. 64O033
last year and 2.SS6,99S in 1900. For the
fiscal year exports are 1.55S.266 bushels,
against 14.9f4,S43 last season and So
094, ,691 in 1909.