The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1902-04-03
| New York.

| n
Labor controversies are
less threatening. many settlements hav-
ing been effected. while others are mo-
mentarily anticipated: wages have been
advanced. not only through strikes. but
in some cases voluntarily: traffic congcs-
ton has subsidized until it is possible to
deliver goods according to specifications:
aside from some idle footwear shops, the
leading lines of manufacture are ve-y
fully engaged. while jobbins trade Is of
exceptional magnitude. Retail dcalisSs
are also very large. the Easter stimulus
being felt i'll all lines of wearing apparel.
With domestic demand so vigorous, it is
especially encouraging TO notice gain
for the last week in foreign trade ut the
principal ports Thus declares X. q.
Dun X Co.'S Weekly Review of Trade.
and adds:
Pressure for iron and steel has not di-
minished there perceptibly. yet the I'M
preston is growing that after July the
situation will become approximately nor
NAL. and it will be possible TO secure de-
liveries with some degree of promptness.
This is the more probable, as there has
been further stiffening of quotations
and additional importations. which would
have been much larger but for the ad-
vance in foreign markets.
For some time 10 come it is probable
that foreign commerce exhibits as to this
industry will he less satisfactory. but ii
is worthy of note that imports are mainly
of pig iron. hilic;S and sheets. while the
exports of many lines of expensive ma
chinery and other finished products are
fully sustained Large contracts are con-
stantly under consideration for structural
material on domestic account, including
railway bridges. viaducts, carshops and
office buildings. In this respect the do
nestle consumption this year will far sur
pass all records. Open weather has
brought out heavy tonnage of merchant
pipe.
Both at the East and West there is a
little more activity in shoeshops, yet pro-
iuctive capacity is not fully engaged, and
aew orders come forward slowly. Lower
prices for leather and hides may make
ii possible for producers To accept re-
cent bids. in which ease sales would in
crease. but thus far only two staple
grades have been shaded. Domestic hides
are dull and depressed. although compe-
tition between the independent tanners
and the combination caused an advance
in dry hides
Failures for the week numbered 209
in the United States. against 224 last
year. and II in Canada. against 33 last
year"
Bradstreet's says:
Wheat. after failing to respond to cold
weather crop damage talk. weakened on
reports and predictions of further rains
in winter wheat belt. but at the decline
struck large export orders which turned
the market upward. Liquidation has been
the feature in this cereal and in corn and
oats. which latter are lower on the week.
Wheat. including flour. exports for The
week aggregate 4. .52'i .304 bushels. against
2.906.2 80 last week and 3,2J6,6ii i'll this
week last year. Wheat exports July l,
1901. TO date tthirty-eight weeks asgre-
gate 191 .494.93l bushels, against 145,-
42S. 1S9 last season. Corn exports ag-
gregate ::S9. .S9l bushels. against 1S3,4ll
last week and 2.605.0S last year. July
|. 1901. 10 date corn exports aggregate
23.994.965 bushels. against liO3s3,394
last season.