Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1902-10-23
TRADE HANDICAP
IS NOW REMOVED.
Better Conditions Exist on
Account of Settlement of
Mine Strike.
RAILWAY EARNINGS INCREASE
Lack Of Cars to Movs Product 10
Likely to Seriously Hamper Business
interests. Though Much New Roll.
ing Stock Is Being Secured.

New York, Oct. 20-"Settlement Of
the coal strike removes the only seri-
Gus handicap to industrial progress.
Five months of restricted fuel pro-
duction had begun to check the wheels
at many manufacturing centers, while
there was perceptible diminution in
consumptive demands, as the purchas-
ing power of the wage-earners steadily
decreased. Savings have been ex-
hausted, and much money has gone
out Of the country because of this
struggle, but the nations remarkably
strong position assures speedy re-
storation of prosperous conditions"
The foregoing is from the weekly
trade review of r. G. Dun & Co. 1t
continues:
Railway Earnings Larger.
Transportation is now the worst
feature, and threatens to continue dis
turbing. While the grain crops are be-
ing moved the supply of rolling stock
and motive power will prove INSULT
cient. although every effort is made at
the shops, liberal premiums being Of
fered for early delivery. That the
railways are well occupied is evi-
denced by earnings for the first week
of October 3.5 per cent larger than last
year and 1913 per cent above 1900.
Inadequate supplies of fuel caused
further banking Of furnaces. but the
effect of decreased output of domes-
tic pig iron has been partly neutral
ICED by larger arrivals from abroad.
Practically no price can be named for
immediate delivery OF home iron. and
there is no disposition to made conces-
sions for distant contracts, owing to
the abnormal coke situation. For
tunately there has been little Interrupt
tion at finishing mills. and the output
of rails, structural material and kim
bred lines is well maintained.
Advance Contracts for Steel.
Consumers not only find difficulty
an securing steel from the mills but
encounter further delay on the rail
ways, which are unable to handle
freight promptly. Orders come for
ward freely for the heavier lines, num-
erous contracts being offered for steel
rails for next years delivery, and the
plans for buildings and bridges keep
a lot of business In sight in beams,
channels and angles, Plates for ship
yards are also sought freely, prices
tending upward on tank steel. Higher
freight rates have checked imports of
finished steel.
Hides Are Lower.
Footwear shops are actively en-.
SaEed, many producers having added
TO their long list of orders, and while
practically all the New England manu-
facturers are assured full time up to
the end of the year, they are also tax.
ing orders for deliveries in March.
Prices are easily maintained.
Leather is slightly weaker, owing
to the sharp fall in hides. which has
been accumulated by the poorer quail.
ity now coming on the market. Large
imports have weakened dry hides. In
cotton goods the feature was a pur-
chase of about 100000 pieces of print
cloths. While quotations were not al.
tered, the tone became decidedly firm
er. In other divisions of the market
buyers are only interested in meeting
current demands. future requirements
being held back by evidences of weak.
ness in the raw material.
Failures for the week number FOG
in the United States, against 229 last
year. and "a in Canada, compared with
81"