Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1902-08-12
| New York.

- =, .ASiue nom nedNy rams IN
hEV fDTk Texas. the weeks crop
------- news is encouraging. Man
IJacturing plsnts are well occupied as
rule, iron and steel leading. followed by
textiles ar footwear. Fuel scarcity is
still causing delay. although coke ovens
age SURPRISING all previous figures of out
pat, and bit0minous mines are vigorous
y operated. At most points retail trade
Is active and preparations continue for
heavy fall sales. while spring lines are
opened with good results. Railway earn
ipgs thus far available for July show
gain OF 3.S FER cent over 1901 aud POS
per cent over 1900.
r. c.. Dun & Co.'S Weekly Review OF
Trade gives the foregoing summary OF
tie investigation Contiruing, the re-
view says:
With business in sight for at least n
year, the leaeing departments Of the iron
and steel industry MAJ properly be con
sldel'ed prosperous. Notwithstanding the
rapid increase in producing capacity. CON
semDtive demand has grown still faster.
and the recent official report of new
high record ef pig iron production at s.
SoS,574 tons for the first half OF 1902
S accompanied by the statement that I'M
Sold stocks at the end OF that period were
only 29.S6l tons, compared with 81, $50
tons year previously The first month
Of the seeona half of 1902 has brought
no diminution in inquiries, but some de-
,rease in OUTPUT owing to scarcity of fuel
Imports are very large in order TO keep
the steel mills provided with material
ard offerings OF foreign biletS have
checked the upward tendency of prices.
Of engines. machinery and heavy hard
ware there ii serious shortage, orders
FOG delivery ia 1902 being out of the ques-
tion. Steel rails and structural material
contracts have been booked far ahead
IN textile manufacturing the feature
was the opeGing OF mems wear worsted
fabrics for next year with general ad-
vance Of 21s TO 10 per cent. Cotton GOODS
send in favor OF the purchasers owing
to the prospects Of large cotton crop
and the light, export movement.
Shoe shops are active on spring SAM
Pies, and buyers are numerous in the
Boston market. A very striking advance
N leather this week has followed the up
ward movement of hides, stimulated by
heavy purchases single sale of 100000
sides OF hemlock sole being reported.
Hides have made further sensational add
yances. Colorado steers reaching new
high record prices.
Grain prices declined sharply rs the
month of speculative manipulation drew
10 close and legitimate trading resum-
ed more normal volume. Cotton held
fairly steady. more because OF the large
short interest than the floods in Texas.
Thus far it X probable that rains have
lone more gaod than harm. Demands
fo9 consumption contiue liberal. Meats
have also shown tendency to seek
slightly lower quotations. but light re-
ceipts and higher quality do not promise
any extensive relief in the immediate flu
ture.
Grain and Flour.
Bradstreet's says:
Wheat, including flour, exports for the
week ending July 81 aggregate 4.3SS534
bushels. against 3,9S0969 last week and
5,4e3.391 in this week las year. Wheat
exnopts since July aggregate S,l53,SI0
bushels. against 26, 20l OBS last season.
Corn exports aggregate 2S,405 bushels,
against T961l last week snd 563601 last
year. For the fiscal yesr corn exports
are 4S7 $50. againsth 7,T27 CAT last sea-
son.
Business failures for the week ending
July 81 number los. as sganst lis last