Omaha daily bee., 1902-11-01
MORE COAL REDUCES PRICES
Dun Says Speculation Waits on Politics, but
Legitimate Business Goes On.
CAR SHORTAGE HNDERs MANY TRADES
Goods Cannot Get TO Consumers Who
Are Anxious to Buy, stiII Quota
lions Have Not Suffered
ne Yet.

NEW YORK, Oct. 31.-R. @. Dun & Co.'S
Weekly Review OF Trade will say omor-
row, Speculation waits upon politics, but
legitimate business Is not disturbed by the
versies have been promptly settled by ad-
HSnain r T ySs suS SpS t N d ssadq has 'R TddGeed
prices and restored activity In manutactur-
ing. Complaints are increasing as to the
being stalled by the lack of motive power,
and many roads refuse to accept further
shipments until the bloekades are relieved;
sales of s~easonable merchandise, but frost
comes to. late to seriously injure agricul-
Liberal consumption sustains quotations
in most lines, domestic mand being sup
plemented by large exports.
have Increased in many cases to such a de-
gree that net earnings are somewhat cur
tailed sar Sse Sst gs sSs v earnings ES for D October ss1t t Rps
those OF 1900 by 1875 per cent.
Too Much Thought Of Coke Prices.
nouncement that the Prick company Will
not advance next years price for coke
above S. Although this ts in line with
ests to prevent inflated prices, the prob
able influence on the outside market Will
not be great, as the buik OF the output will
go to the various plants of the United
States Steel corporation. Meanwhile sales
are being made at SIC In extreme cases,
and the scarcity has closed more blast
The future course Of the iron and steel
industry will be largely influenced by this
fuel shortage. much business being perma-
nently lost to home producers and prices in
some departments already show the eject
OF d~isorganized conditions. Railway needs
have not diminished, numerous large orders
| constantly appearing, while the pressure
for locomotives is causing large premiums
to be offered.
Structural shares for bridge and ship
building are next in point OF urgent de-
mand.
Agreement on the tinplate wage scale
may secure business that now goes out OF
the country and some reduction in. prices
Is expected. Wire nails are also cheaper
but as a rule quotations are well main
tained.
shoe Trade Prospers.
New England shoe manufacturers are re-
ceiving additional orders at fully sus'
tanned quotations and many shops are as
sured OF full occupation well into Jan
uary. supplementary orders for wintel
goods have decreased, indicating tina
wants will be supplied when shipments are
made and producers are pushing deliveries
In order to take inventories.
Leather is in better demand, with prices
More interest has been shown in Chicag,
packer hides at recently reduced prices
but the average OF all grades Is agaiI
Conditions al the cotton mills are healthy
a scarcity of goods being general, Will
there is no disposition to force transac
1t is early for supplementary buying o
spring wooden goods and fall trade is nm
ished, 50 that these divisions Of market ar
naturally quiet. Raw wool is very firm a
the leading eastern markets, which ar
shipping freely to the. mills.
Failures for the week numbered 22 in tn,
United States, against l91 last year, ant
e in Canada, as compared with q a yea
ago.